Commitment Availability definition
Commitment Availability means at any time the positive difference (if any) between (a) an amount equal to the aggregate amount of the Commitments at such time minus (b) the Aggregate Capital at such time.
Commitment Availability means, as of any date of determination during the Revolving Commitment Period, the lesser of (i) an amount equal to the Borrowing Base minus the aggregate principal balance of all Loans outstanding and (ii) the Undrawn Amount.
Commitment Availability means, on any date, the excess of
Examples of Commitment Availability in a sentence
Each such Funding Notice shall be delivered reflecting sufficient Commitment Availability for the requested Loans.
More Definitions of Commitment Availability
Commitment Availability mean, as to each Purchaser Group, at any time the positive difference (if any) between (a) the aggregate amount of the Commitments at such time of the members of such Purchaser Group, minus (b) such Purchaser Group’s Capital outstanding at such time.
Commitment Availability means at any time (a) an amount equal to the aggregate amount of the Commitments, minus (b) the Aggregate Capital at such time.
Commitment Availability means at any time the positive difference (if any) between (a) an amount equal to the aggregate amount of the Commitments MINUS an amount equal to 2% of such aggregate Commitments at such time MINUS (b) the Aggregate Capital at such time.
Commitment Availability means at any time the positive difference (if any) between (a) $125,000,000 minus (b) the aggregate Capital at such time.
Commitment Availability means, for each Group, the excess (if any) of (i) the aggregate amount of the Commitments of the Committed Purchasers in such Group divided by 1.02, over (ii) the outstanding aggregate Capital of all Purchasers in such Group.
Commitment Availability means the Tranche B Commitment Availability and/or the Tranche C Commitment Availability, as applicable.
Commitment Availability means, at any time of determination, the excess of :