Portion of Capital definition

Portion of Capital means, with respect to any Purchaser and its related Capital, the portion of such Capital being funded or maintained by such Purchaser by reference to a particular interest rate basis.

Portion of Capital means, with respect to any Lender and its related Capital, the portion of such Capital being funded or maintained by such Lender by reference to a particular interest rate basis.

Portion of Capital means 100% of the Capital.

Examples of Portion of Capital in a sentence

• Absent due notice from the Seller of prepayment, such Portion of Capital shall automatically be converted to the Base Rate.

• Upon the Seller’s receipt of notice of the commencement of a Benchmark Unavailability Period with respect to Daily 1M SOFR, the Seller may revoke any pending request for Portion of Capital to accrue Discount at the Alternate Rate determined by reference to Daily 1M SOFR to be made during any Benchmark Unavailability Period and, failing such revocation from the Seller, such Portion of Capital shall automatically be converted to the Base Rate.

• If any Purchaser notifies the Administrator of a determination under Section 1.11(b), subject to the Seller’s indemnification obligations under Section 1.20, the Discount for any outstanding Portions of Capital then funded at the Alternate Rate determined by reference to Daily 1M SOFR shall, on the last day of the then current Yield Period, be converted to the Base Rate or the Seller shall prepay such Portion of Capital.

More Definitions of Portion of Capital

Portion of Capital means any separate portion of Capital being funded or maintained by the Issuer (or its successors or permitted assigns) by reference to a particular interest rate basis. In addition, at any time when the Capital of the Purchased Interest is not divided into two or more such portions, "Portion of Capital" means 100% of the Capital.

Portion of Capital means, with respect to any Purchaser and its Capital, any separate portion of such Capital being funded or maintained by such Purchaser (or its successors or permitted assigns) by reference to a particular interest rate basis. In addition, at any time when such Capital is not divided into two or more such portions, “Portion of Capital” means 100% of such Capital.

Portion of Capital means each portion of the Capital pursuant to which the Discount with respect thereto is calculated by reference to a different interest rate.

Portion of Capital has the meaning set forth in Section 1.7 of the Agreement. In addition, at any time when the Capital of the Purchased Interest is not divided into two or more such portions, "Portion of Capital" means 100% of the Capital.

Portion of Capital means, at any time, each portion of ------------------ the Capital of the Issuer or of the Alternate Purchasers having the same Fixed Period and accruing Discount by reference to the same Rate Type at such time. If there is only one such portion, "Portion of Capital" means 100% of such Capital.

Portion of Capital means specified portions of Capital outstanding as follows: (a) any Capital to which a BSBY Rate Option applies under the same Investment Request by the Seller and which have the same Yield Period shall constitute one Portion of Capital, (b) all Capital to which a Daily BSBY Floating Rate Option applies shall constitute one Portion of Capital and (c) all Capital to which a Base Rate Option applies shall constitute one Portion of Capital.

Portion of Capital means a portion of the outstanding Capital which accrues Discount according to the same Yield Rate and as to which a single Yield Period is in effect.