Undrawn Margin Clause Samples

The Undrawn Margin clause defines the portion of a credit facility or loan that has been approved but not yet drawn down by the borrower. In practice, this clause specifies how much of the total available funds remain unused and may outline the conditions under which the borrower can access these remaining funds, such as meeting certain financial covenants or providing additional documentation. Its core function is to clarify the availability of additional borrowing capacity, helping both parties manage expectations and plan for future funding needs.