Available Tranche C Commitment definition

Available Tranche C Commitment means a Lender's Tranche C Commitment minus:

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Available Tranche C Commitment means, at any time, the aggregate Tranche C Commitments minus the Tranche C Revolving Exposure (calculated, with respect to any Defaulting Lender, as if such Defaulting Lender had funded its Applicable Percentage of all outstanding Borrowings).

Available Tranche C Commitment means, in relation to a Project Facility Lender at any time, the amount set out opposite its name under the column entitled “Tranche C Commitment” in Schedule 1 (The Project Facility Lenders) less:

Examples of Available Tranche C Commitment in a sentence

• The Company shall pay to the Hotel Facility Agent (for the account of each Hotel Facility Lender) in arrears a commitment fee in US dollars computed at the rate of 1.25% per annum on that Hotel Facility Lender’s Available Tranche A Commitment and Available Tranche C Commitment for the Hotel Facility Availability Period.

• The Company shall pay to the Project Facility Agent (for the account of each Project Facility Lender) in arrears a commitment fee in US dollars computed at the rate of 1.25% per annum on that Project Facility Lender’s Available Tranche A Commitment and Available Tranche C Commitment for the Project Facility Availability Period.

• If a Bank's Available Tranche C Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for a Tranche C Advance and such reduction was not taken into account in the Available Tranche C Facility, then both the Original USD Amount and the amount of that Tranche C Advance shall be reduced accordingly.

More Definitions of Available Tranche C Commitment

Available Tranche C Commitment of a Lender means that Lender's Tranche C Commitment minus:

Available Tranche C Commitment means, in relation to a Hotel Facility Lender at any time, the amount set out opposite its name under the column entitled “Tranche C Commitment” in Schedule 1 (The Hotel Facility Lenders) less:

Available Tranche C Commitment means, in relation to a Bank at any time and save as otherwise provided herein, its Tranche C Commitment at such time less the aggregate of its share of the Tranche C Advances which are then outstanding provided that such amount shall not be less than zero.

Available Tranche C Commitment means, in relation to a Revolving Credit Facility Lender at any time, the amount set out opposite its name under the column entitled “Tranche C Commitment” in Schedule 1 (The Revolving Credit Facility Lenders) less:

Available Tranche C Commitment means, in relation to a Bank, its Tranche C Commitment less its participation in any outstanding Tranche C Advances;