Common use of Unfunded Commitments Clause in Contracts

Unfunded Commitments. After giving effect to the proposed Borrowing, the aggregate amount of (i) Unfunded Commitments of Investors (excluding, without duplication, Defaulting Investors and Defaulting Members (as such term is defined in the Operating Agreement)), plus (ii) Controlled Cash, shall not be less than one hundred percent (100%) of the amount of the Principal Obligation. [Reserved]

Unfunded Commitments. After giving effect to the proposed Borrowing, the aggregate amount of (i) Unfunded Commitments of Investors (excluding, without duplication, Defaulting Investors and Defaulting Members (as such term is defined in the Operating Agreement)), plus (ii) Controlled Cash, shall not be less than one hundred forty percent (10040%) of the amount of the Principal Obligation. [Reserved].