Example ContractsClausesdollar lc exposureVariants
Remove:

Global Tranche LC Exposure” means, at any time, the sum of # the aggregate undrawn Dollar Amount of all outstanding Global Tranche Letters of Credit at such time plus # the aggregate Dollar Amount of all LC Disbursements in respect of Global Tranche Letters of Credit that have not yet been reimbursed by or on behalf of at such time. The Global Tranche LC Exposure of any Global Tranche Lender at any time shall be its Global Tranche Percentage of the total Global Tranche LC Exposure at such time.

Global Tranche LC Exposure” means, at any time, the sum of # the aggregate undrawn Dollar Amount of all outstanding Global Tranche Letters of Credit at such time plus # the aggregate Dollar Amount of all LC Disbursements in respect of Global Tranche Letters of Credit that have not yet been reimbursed by or on behalf of at such time. The Global Tranche LC Exposure of any Global Tranche Lender at any time shall be its Global Tranche Percentage of the total Global Tranche LC Exposure at such time and the LC Exposure of any US Tranche Lender at any time shall be its US Tranche Percentage of the total US Tranche LC Exposure at such time.

GlobalUS Tranche LC Exposure” means, at any time, the sum of # the aggregate undrawn Dollar Amount of all outstanding GlobalUS Tranche Letters of Credit at such time plus # the aggregate Dollar Amount of all LC Disbursements in respect of GlobalUS Tranche Letters of Credit that have not yet been reimbursed by or on behalf of at such time. The GlobalUS Tranche LC Exposure of any GlobalUS Tranche Lender at any time shall be its GlobalUS Tranche Percentage of the total GlobalUS Tranche LC Exposure at such time.

Global Tranche LC Exposure” means, at any time, the sum of # the aggregateUS Dollar Equivalents of the undrawn Dollar Amountamounts of all outstanding Global Tranche Letters of Credit at such time plus # the aggregatesum of the US Dollar AmountEquivalents of the amounts of all LC Disbursements in respect of Global Tranche Letters of Credit that have not yet been reimbursed by or on behalf of the applicable Borrowers at such time.time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]). The Global Tranche LC Exposure of any Global Tranche Lender at any time shall be its Global Tranche Percentage of the total Global Trancheaggregate LC Exposure at such time, adjusted to give effect to any reallocation under [Section 2.21] of the LC Exposures of Defaulting Lenders in effect at such time.

Global Tranche LC Exposure” means, at any time, the sum of # the aggregateUS Dollar Equivalents of the undrawn Dollar Amountamounts of all outstanding Global Tranche Letters of Credit at such time plus # the aggregatesum of the US Dollar AmountEquivalents of the amounts of all LC Disbursements in respect of Global Tranche Letters of Credit that have not yet been reimbursed by or on behalf of the applicable Borrowers at such time.time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]). The Global Tranche LC Exposure of any Global Tranche Lender at any time shall be its Global Tranche Percentage of the total Global Trancheaggregate LC Exposure at such time, adjusted to give effect to any reallocation under Section 2.21 of the LC Exposures of Defaulting Lenders in effect at such time.

Global Tranche LC Exposure” means, at any time, the sum of # the aggregateUS Dollar Equivalents (determined using the Exchange Rate) of the undrawn Dollar Amountamounts of all outstanding Global Tranche Letters of Credit at such time plus # the aggregatesum of the US Dollar AmountEquivalents (determined using the Exchange Rate) of the amounts of all LC Disbursements in respect of Global Tranche Letters of Credit that have not yet been reimbursed by or on behalf of the applicable Borrowers at such time.time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]). The Global Tranche LC Exposure of any Global Tranche Lender at any time shall be its Global Tranche Percentage of the total Global Trancheaggregate LC Exposure at such time, adjusted to give effect to any reallocation under [Section 2.21] of the LC Exposures of Defaulting Lenders in effect at such time.

“Global Tranche LCRevolving Credit Exposure” means, with respect to any Lender at any time, the sum of # the aggregate undrawnamount of the US Dollar AmountEquivalents of allsuch Lender’s outstanding Global Tranche Letters of Credit at such time plusRevolving Loans, # the aggregate Dollar Amountamount of all LC Disbursements in respect of Global Tranche Letters of Credit that have not yet been reimbursed by or on behalf of at such time. The Global TrancheLender’s LC Exposure and # the amount of any Global Tranche Lender at any time shall be its Global Tranche Percentage of the total Global Tranche LC Exposure at such time.Lender’s Swingline Exposure.

Global Tranche LC Exposure” means, at any time, the sum of # the aggregate undrawn Dollar Amount of all outstanding Global Tranche Letters of Credit at such time plus # the aggregate Dollar Amount of all LC Disbursements in respect of Global Tranche Letters of Credit that have not yet been reimbursed by or on behalf of at such time. The Global Tranche LC Exposure of any Global Tranche Lender at any time shall be its Global TrancheApplicable Percentage of the total Global Tranche LC Exposure at such time.

“Global Tranche LCRevolving Credit Exposure” means, with respect to any Global Tranche Lender at any time, the sum of # the aggregate undrawnamount of the US Dollar AmountEquivalents of allsuch Global Tranche Lender’s outstanding Global Tranche Letters of Credit at such time plusRevolving Loans, # the aggregate Dollar Amountamount of all LC Disbursements in respect ofsuch Global Tranche LettersLender’s LC Exposure and # the amount of Credit that have not yet been reimbursed by or on behalf of at such time. The Global Tranche LC Exposure of any Global Tranche Lender at any time shall be its Global Tranche Percentage of the total Global Tranche LC Exposure at such time.Lender’s Swingline Exposure.

Global Tranche LC Exposure” means, at any time, the sum of # the aggregate undrawn Dollar Amountamount of all outstanding Global Tranche Letters of Credit at such time (including any Letter of Credit for which a draft has been presented but not yet honored by any Issuing Bank) plus # the aggregate Dollar Amountamount of all LC Disbursements in respect of Global Tranchesuch Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The Global Tranche LC Exposure of any Global TrancheMulticurrency Lender at any time shall be its Global TrancheApplicable Multicurrency Percentage of the total Global TrancheMulticurrency LC Exposure at such time and the LC Exposure of any Dollar Lender at any time shall be its Applicable Dollar Percentage of the total Dollar LC Exposure at such time.

Load more...
Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.