Funded Percentage definition

Funded Percentage means, with respect to any Lender at any time, a percentage equal to a fraction the numerator of which is the amount of the Aggregate Commitment actually disbursed and outstanding to Borrower by such Lender at such time, and the denominator of which is the total amount of the Aggregate Commitment disbursed and outstanding to Borrower by all of the Lenders at such time.
Funded Percentage for any Liquidity Bank or Institutional Lender as of any date of determination, means the amount, expressed as a percentage, obtained by dividing (i) the Drawn Amount of such Liquidity Bank or Institutional Lender, by (ii) the Advances Outstanding of all Liquidity Banks and Institutional Lenders.
Funded Percentage means, with respect to any Lender at any time, a percentage equal to a fraction the numerator of which is the amount actually disbursed and outstanding to Borrower by such Lender at such time (including Swing Line Loans and Competitive Bid Loans), and the denominator of which is the total amount disbursed and outstanding to Borrower by all of the Lenders at such time (including Swing Line Loans and Competitive Bid Loans).

Examples of Funded Percentage in a sentence

  • Projections of Employer Contributions and Funded Percentage - Combined for All Divisions The following page combines the projections for each division (see chart 17.5 for each division) into a projection for the municipality as a whole.

  • CalPERS’ system-wide Funded Percentage (that is, value of current assets divided by the present value of future Benefit payments) is only 68 percent.54,55 As discussed below in the section entitled “Unfunded Liabilities and Funded Percentages of the Cities” at p.

  • Except as expressly otherwise provided in this Agreement, all actions and decisions of the Members required hereunder shall require approval of Members whose aggregate Fully Funded Percentage Interests (excluding Non-Voting Interests) total at least 51%.

  • The Members may make any decision or take any action at a meeting, by conference telephone call, by written consent, by oral agreement or by any other method they elect; provided that, at the request of any Member a decision or action of the Members must be made or taken by written consent signed by Members holding the Fully Funded Percentage Interests required to approve such decision or action.

  • Following any adjustment of each Lender's Funded Percentage pursuant to the preceding sentence, such Lender's Funded Percentage shall be readjusted only upon the first to occur of (a) a Defaulting Lender subsequently funding its Percentage of any such Partial Advance, or (b) the repayment in full (including all interest thereon) to each Funding Lender of its Percentage of any such Partial Advance.


More Definitions of Funded Percentage

Funded Percentage means, with respect to any Lender at any time, a percentage equal to a fraction the numerator of which is the amount of the outstanding Advances from such Lender at such time, and the denominator of which is the outstanding Advances from all of the Lenders at such time.
Funded Percentage means the ratio (expressed
Funded Percentage means the percentage equal to a fraction— the numerator of
Funded Percentage with respect to any Purchaser as of any date means the ratio (expressed as a percentage) of (i) the portion of the then outstanding Capital funded by such Purchaser divided by (ii) the entire then outstanding Capital.
Funded Percentage for any Lender as of any date of determination, means the amount, expressed as a percentage, obtained by dividing (i) the Drawn Amount of such Lender for the applicable Term Loan Series, by (ii) the Advances Outstanding of all Lenders under such Term Loan Series.
Funded Percentage means, with respect to any Revolving Lender at any time, a percentage equal to a fraction the numerator of which is the amount actually disbursed and outstanding to Borrower by such Revolving Lender at such time (including Swing Line Loans), and the denominator of which is the total amount disbursed and outstanding to Borrower by all of the Revolving Lenders at such time (including Swing Line Loans).
Funded Percentage means, for each teamster