Aggregate Undrawn Amount definition

Aggregate Undrawn Amount means at any time, with respect to the Class A-1B Notes, the aggregate amount of the unutilized Commitments in respect of all Class A-1B Notes.

Aggregate Undrawn Amount. At any time, the excess, if any, of (i) the aggregate amount of the Commitments over (ii) the Outstanding Amount at such time.

Aggregate Undrawn Amount. At any time, the excess (if any) of (i) the aggregate amount of the Commitments (including, for the avoidance of doubt, without duplication, any amounts on deposit in any Class A-1R Purchaser Collateral Account) (whether or not utilized) at such time over (ii) the Aggregate Outstanding Amount of the Class A-1R Notes at such time.

Examples of Aggregate Undrawn Amount in a sentence

• The Holders of the Class A-1R Notes shall also be entitled to receive the Class A-1R Commitment Fee on the Aggregate Undrawn Amount.

• The Commitment Fees shall accrue on the Aggregate Undrawn Amount, as determined daily for each day during each Interest Accrual Period during the Reinvestment Period at the Commitment Fee Rate and shall be payable by the Co-Issuers in arrears on each Payment Date as and to the extent provided in Section 11.1 of the Indenture.

• The aggregate principal amount of any Borrowing (other than a Short Settlement Borrowing) in respect of the Class A-R Notes (taken as a whole) shall be at least U.S.$1,000,000 (and integral multiples of U.S.$10,000, in excess thereof) or, if the Aggregate Undrawn Amount is less than U.S.$1,000,000, such lesser amount.

• The Commitment Fees shall accrue on the Aggregate Undrawn Amount as of the close of business on each day during each Interest Accrual Period during the Reinvestment Period at the applicable Commitment Fee Rate and will be payable in arrears on each Payment Date in accordance with the Priority of Payments.

• The Commitment Fees shall accrue on the Aggregate Undrawn Amount, as determined daily for each day during each Interest Accrual Period during the ReinvestmentRevolving Period at the Commitment Fee Rate and shall be payable by the Co-Issuers in arrears on each Payment Date as and to the extent provided in Section 11.1 of the Indenture.

More Definitions of Aggregate Undrawn Amount

Aggregate Undrawn Amount means, with respect to any date of determination, the excess of the Aggregate Commitment over the Aggregate Note Balance, in each case measured as of the close of business on such date.

Aggregate Undrawn Amount means, at any time with respect to the Class A-1a Notes, the excess, if any, of (i) the aggregate amount of the Commitments in respect of all Class A- 1a Notes over (ii) the aggregate principal amount of the Class A- 1a Notes funded on the Closing Date (if any) or by one or more Borrowings after the Closing Date and not repaid under the Indenture.

Aggregate Undrawn Amount means, at any time with respect to the Class A-1A-S Notes, the excess, if any, of (i) the aggregate amount of the Commitments in respect of all Class A-1A-S Notes over (ii) the aggregate principal amount of the Class A-1A-S Notes funded on the Closing Date (if any) or by one or more Borrowings after the Closing Date and not repaid under the Indenture. During the Reinvestment Period, the Secured Notes will be subject to redemption in part by the Co-Issuers or the Issuer, as applicable, on any Payment Date occurring during such period if the Portfolio Manager at its sole discretion notifies the Trustee that it has been unable, for a period of at least thirty (30) consecutive Business Days, to identify additional Collateral Obligations that are deemed appropriate by the Portfolio Manager in its sole discretion and which would meet the criteria for reinvestment described under "Security for the Secured Notes—Sales of Collateral Obligations; Additional Collateral Obligations and Investment Criteria" in sufficient amounts to permit the investment or reinvestment of all or a portion of the funds then in the Collection Account that are to be invested in additional Collateral Obligations. See "Description of the Offered Securities—Special Redemption."After the Ramp-Up Period, the Secured Notes will be subject to redemption in part by the Co-Issuers or the Issuer, as applicable, on any Payment Date occurring after such period if the Portfolio Manager notifies the Trustee that a redemption is required in order to obtain from each Rating Agency its written confirmation of its initial ratings of the Secured Notes. See "Description of the Offered Securities—Special Redemption."There are certain other conditions required to be complied with by the Co-Issuers or the Issuer, as applicable, to effect a Special Redemption. See "Description of the Offered Securities—Special Redemption."Special Redemption Amount The amount payable in connection with a Special Redemption in respectof each Class of Secured Notes subject to such Special Redemption (the "Special Redemption Amount") will be equal to the amount in the Collection Account representing Principal Proceeds which (1) the Portfolio Manager has determined cannot be reinvested in additional Priority of payments:Collateral Obligations or (2) must be applied to redeem the Notes in order to obtain confirmation from each of the Rating Agencies of the initial ratings of the Secured Notes, as the case may be. See "—Priority of pay...

Aggregate Undrawn Amount means, at any time with respect to the Class A Variable Funding Notes, the excess, if any, of (i) the Commitment Amount in respect of all Class A Variable Funding Notes over (ii) the EUR Equivalent aggregate principal amount of the Class A Variable Funding Notes funded on the Closing Date or by one or more Advances after the Closing Date and not repaid under the Indenture.

Aggregate Undrawn Amount. At any time, with respect to the Class A-2 Notes and the Class A-3 Notes, individually or in the aggregate, as the context may require, the unutilized Class A-2 Commitments available for Borrowing by the Issuer and the unutilized Class A-3 Commitments, to be Drawn by the Issuer.

Aggregate Undrawn Amount. At any time, with respect to the Class A-R Notes, the excess, if any, of (i) the Class A-R Commitments (whether or not utilized) over (ii) the Aggregate Outstanding Amount of the Class A-R Notes at such time, without taking into account the first proviso in the definition of Aggregate Outstanding Amount.

Aggregate Undrawn Amount. At any time, with respect to the Notes, the excess, if any, of (a) the aggregate amount of the Commitments in respect of all Notes over (b) the aggregate Drawn Amount.