Borrowing Capacity definition

Borrowing Capacity. For any VFN on any date, the difference between (i) the related Maximum VFN Principal Balance on such date and (ii) the related VFN Principal Balance on such date.

Borrowing Capacity means the lesser of:

Borrowing Capacity means the maximum amount of Advances, Commitments and Other Credit Accommodations which Borrower may have outstanding at any time. Borrowing Capacity is limited by the Act and Regulations, the Stock Ownership Requirement and Collateral Maintenance Requirement of the Credit Policy, and by Customer’s creditworthiness and the quality of Customer’s Eligible Collateral, as determined by Seattle Bank from time to time.

Examples of Borrowing Capacity in a sentence

• This term means the sum of the projected Balance of the Fund as of December 31 of a Contract Year, plus any reinsurance purchased by the FHCF, plus the most recent estimate of the Borrowing Capacity of the FHCF, determined pursuant to Section 215.555(4)(c), Florida Statutes.

• After the end of the calendar year, the SBA shall notify insurers of the estimated Borrowing Capacity and the Balance of the Fund as of December 31.

• Actual or estimated Borrowing Capacity as Determined by the Insurer ..........................................................................................

• Figure 1.Yields on Selected Treasury Bills that Mature After Projected Date of Exhaustion of Borrowing Capacity Source: Bloomberg and Nomura Holdings.

• The amount of such reserves shall be subtracted from the Receivables Borrowing Base or Inventory Borrowing Base, as applicable, when calculating the amount of the Borrowing Capacity.

More Definitions of Borrowing Capacity

Borrowing Capacity means the ability to obtain draws or advances at the request of a Guarantor or any Affiliate or Subsidiary of a Guarantor in Dollars and within three (3) Business Days of the request therefor and to use or apply such draws or advances to repay amounts under the Credit Documents or Other Credit Facilities.

Borrowing Capacity means, at the time of computation, the amount specified in Item 1 of the Schedule.

Borrowing Capacity means the amount of funds which are able to be raised by the issuance of revenue bonds or through other financial mechanisms.

Borrowing Capacity is hereby amended to read in its entirety as follows:

Borrowing Capacity shall have the meaning set forth in Section 2.1 of this Agreement.

Borrowing Capacity shall have the meaning set forth in Section 2.01.

Borrowing Capacity as defined in Section 2.1.