Examples of Available Borrowing Capacity in a sentence
The amount of borrowings outstanding and available under the commercial paper programs were as follows: Borrowings Outstanding Available Borrowing Capacity as Weighted-Average Interest Rate as as of December 31, of December 31, of December 31, (Millions of Dollars)202020192020 There were no borrowings outstanding on the revolving credit facilities as of December 31, 2020 or 2019.
FIC, on a consolidated basis, shall at all times have unencumbered cash, Cash Equivalents and Available Borrowing Capacity on unencumbered assets that could be drawn against (taking into account required haircuts) under committed warehouse and repurchase facilities in an amount equal to not less than $20,000,000.
The revolving credit facility serves to backstop NSTAR Electric's $650 million commercial paper program.The amount of borrowings outstanding and available under the commercial paper programs were as follows: Borrowings Outstanding as of December 31, Available Borrowing Capacity as of December 31, Weighted-Average Interest Rate as of December 31, (Millions of Dollars) There were no borrowings outstanding on the revolving credit facilities as of December 31, 2020 or 2019.
Fail to maintain aggregate Available Borrowing Capacity of at least $1,000,000,000 at all times (excluding uncommitted warehouse capacity provided by Government-Sponsored Enterprises), provided that no more than $500,000,000 of such capacity is in respect of facilities that are exclusively gestation facilities.
Before and immediately after giving effect to the making of any Revolving Loan (and the application of the proceeds thereof), (i) the sum of the aggregate principal amount of outstanding Revolving Loans shall not exceed the Revolving Committed Amount then in effect, (ii) the Availability shall not be negative and (iii) the aggregate principal amount of outstanding Revolving Loans would not exceed the Available Borrowing Capacity.