Borrowing Percentage definition

Borrowing Percentage with respect to Dollar Revolving Loans to be made by any Lender at any time, the ratio (expressed as a percentage) of the amount of such Lender's Available Commitment at such time to the aggregate amount of the Available Commitments of all the Lenders at such time; provided, that in determining any Lender's Available Commitment for purpose of determining such Lender's Borrowing Percentage of any such Dollar Revolving Loans whose proceeds will be simultaneously applied to repay Swingline Loans or to pay Reimbursement Obligations, such Lender's Revolving Percentage of the amount of such Swingline Loans and Reimbursement Obligations will not be considered Outstanding Committed Extensions of Credit of such Lender (such Borrowing Percentage of each Lender at any time to be calculated by the Administrative Agent on the basis of its most recent calculations of the Available Commitments of the Lenders).

Borrowing Percentage. (a) with respect to Committed Rate Loans denominated in Dollars to be made by any Bank at any time, the ratio (expressed as a percentage) of the amount of such Bank's Undrawn Commitment at such time to the aggregate amount of the Undrawn Commitments of all the Banks at such time; provided, that in determining any Bank's Undrawn Commitment for purpose of determining such Bank's Borrowing Percentage of any such Committed Rate Loans whose proceeds will be simultaneously applied to repay Swing Line Loans or Local Currency Loans or to pay Reimbursement Obligations, such Bank's Commitment Percentage of the amount of such Swing Line Loans and Reimbursement Obligations, and the amount of such Local Currency Loans owing to such Bank, will not be considered Committed Exposure of such Bank (such Borrowing Percentage of each Bank at any time to be calculated by the Administrative Agent on the basis of its most recent calculations of the Undrawn Commitments of the Banks) and (b) with respect to Committed Rate Loans denominated in any Available Foreign Currency to be made by any Bank at any time, a percentage equal to such Bank's Foreign Currency Commitment Percentage in the Currency of such Committed Rate Loans.

Borrowing Percentage means, with respect to any Bank, the ratio of such Bank’s Commitment to the aggregate of all the Banks’ Commitments hereunder.

Examples of Borrowing Percentage in a sentence

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• Upon receipt of any such Notice of Borrowing from a Specified Borrower, the Administrative Agent shall promptly notify each Bank that has a Revolving Commitment in the relevant Currency of receipt of such Notice of Borrowing and of such Bank’s Revolving Borrowing Percentage of the Committed Rate Loans to be made pursuant thereto.

• After the Closing Date and the initial Advance, no more than the Maximum Borrowing Percentage of the Aggregate Commitment Amount may be drawn in any rolling thirty (30) day period, unless otherwise agreed by the Administrative Agent.

• Upon receipt of any such Notice of Borrowing from a Specified Borrower, the Administrative Agent shall promptly notify each Bank that has a Commitment in the relevant Currency of receipt of such Notice of Borrowing and of such Bank's Borrowing Percentage of the Committed Rate Loans to be made pursuant thereto.

• Subject to the terms and conditions hereof, each Bank (including each Swing Line Bank in its capacity as a Bank having a Revolving Commitment) hereby agrees to make a Committed Rate Loan to such Specified Borrower pursuant to Section 2 in Dollars in an amount equal to such Bank’s Revolving Borrowing Percentage of the aggregate amount of the Swing Line Loans to which such Notice of Swing Line Refunding relates.

More Definitions of Borrowing Percentage

Borrowing Percentage means, (a) with respect to any Borrowing of Class A Loans, the related Class A Borrowing Percentage, and (b) with respect to any Borrowing of Class B Loans, the related Class B Borrowing Percentage.

Borrowing Percentage means (a) in the case of TU, 60%, and (b) in the case of TU Electric, 100%.

Borrowing Percentage means, at any time and from time to time, the ratio of the U.S. Equivalent of the Outstandings to the Total Commitment. “Cdn. Dollars” and “Cdn. $” mean lawful money of Canada for the payment of public and private debts.

Borrowing Percentage means, for the purpose of determining the Applicable Eurodollar Margin, the aggregate unpaid principal balance of the Loans then outstanding as a percentage of the Borrowing Base then in effect.

Borrowing Percentage means the following percentages for the following time periods: Time Elapsed Since Initial Purchase By Any Borrower of Eligible Investment Percentage Less than 6 months 80% Greater than or equal to 6 months, but less than 12 months 70% Greater than or equal to 12 months, but less than 18 months 60% Greater than or equal to 18 months, but less than 24 months 25% Greater than or equal to 24 months 0% Bridge Loan means a loan in an initial amount equal to Twenty-Five Million and No/100 Dollars ($25,000,000.00), to be used by Borrowers for the purposes set forth in Section 2.5 hereof and to be repaid as provided in Section 3.14.

Borrowing Percentage means, with respect to any Fund, the percentage set forth opposite such Fund’s name on Appendix I hereto.

Borrowing Percentage means, at any time and from time to time, the ratio of the U.S. Equivalent of the Outstandings to the Total Commitment.