Credit Capacity definition

Credit Capacity means the maximum amount a Borrower is permitted to borrower via the Website at a particular time;
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Credit Capacity means, at any time of determination, an amount equal to the lesser of (a) the Aggregate Commitment Amount and (b) the Borrowing Base.
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Credit Capacity has the meaning specified in Section 4.6.
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Examples of Credit Capacity in a sentence

  • Monthly Uptime Percentage: The Monthly Uptime Percentage is calculated using the following formula: Service Credit: Capacity: Means a named capacity provisioned by an admin through the Power BI Premium capacity admin portal.

  • Uptime Percentage: The Uptime Percentage is calculated using the following formula: Service Credit: Capacity: Means a named capacity provisioned by an admin through the Power BI Premium capacity admin portal.

  • As a condition precedent to the rendering of the Closing Date Tax Opinions, (i) each of Corning, TDCC and the JV Entity, shall, as of the Closing Date, execute and deliver to each of KPMG LLP and ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇ LLP its respective Closing Date Representation Letter, and (ii) Corning shall have received the Closing Date JV Entity Credit Capacity Letter.

  • If at any time the TALICC Usage exceeds the TALICC Credit Capacity, TALICC shall immediately make a mandatory prepayment to the Administrative Agent (which shall be applied (or held for application, as the case may be) by the Administrative Agent to the aggregate unpaid principal amount of the TALICC Loans then outstanding and then to the payment or Cash Collateralization of the TALICC Letter of Credit Outstandings) in an amount sufficient to eliminate such excess.

  • If at any time the TCIL Usage exceeds the TCIL Credit Capacity, TCIL shall immediately make a mandatory prepayment to the Administrative Agent (which shall be applied (or held for application, as the case may be) by the Administrative Agent first to the aggregate unpaid principal amount of the TCIL Loans then outstanding and then to the payment or Cash Collateralization of the TCIL Letter of Credit Outstandings) in an amount sufficient to eliminate such excess.

  • As a condition precedent to the rendering of the Closing Date Tax Opinions, (i) each of Corning, TDCC and JV Entity, shall, as of the Closing Date, execute and deliver to each of KPMG LLP and K▇▇▇▇▇▇▇ & E▇▇▇▇ LLP its respective Closing Date Representation Letter; and (ii) Corning shall have received the Closing Date JV Entity Credit Capacity Letter.

  • When determining the cumulative hours, the Facility must operate at the Accepted Credit Capacity during all hours where the Pool Price is equal to or greater that the Operating Cost Benchmark.