Drawn Commitment definition

Drawn Commitment means, for a Financier, the total of the Drawings provided by the Financier to the Borrower under this agreement.
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Drawn Commitment means, for a Financier, the principal amount actually made available by that Financier to the Borrower under the Facility.
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Drawn Commitment means the aggregate value of outstanding Early Payments;
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Examples of Drawn Commitment in a sentence

  • No Transfer of a Partnership Interest in violation of this clause 9 (Transfers of Partnership Interests) shall be valid or effective, and the Partnership shall not recognise the same, for the purposes of making distributions of Proceeds or repayments of Drawn Commitment or otherwise with respect to interests in the Partnership.

  • Despite anything in this agreement, a Financier need not provide financial accommodation under this agreement to the extent by which its Drawn Commitment after providing that financial accommodation would exceed its Commitment.

  • Prepayments under this clause 5 ("Repaying and Prepaying") of a Drawing made available by a Financier will be applied in reduction of that Financier's Drawn Commitment.

Related to Drawn Commitment

  • Undrawn Commitment means, with respect to any Revolving Lender at any time, an amount (which may not be less than zero) equal to (i) such Lender’s Revolving Commitment at such time minus (ii) the aggregate outstanding principal amount of Revolving Loans held by such Revolving Lender at such time.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Loan Commitment means, with respect to a Loan, the maximum aggregate amount, as defined by Lender in the applicable Commitment Letter, of advances available to be disbursed on such Loan.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.