Minimum Funding Amount definition
Minimum Funding Amount means, on any date of determination, the amount set forth in the table below: The date that is six months following the Effective Date December 20, 2018 60% of the Financing Commitment December 21, 2018 March 20, 2019 65% of the Financing Commitment March 21, 2019 Day prior to the last day of the Ramp-Up Period 75% of the Financing Commitment The last day of the Ramp-Up Period The last day of the Reinvestment Period 85% of the Financing Commitment
Minimum Funding Amount means, with respect to the Financing Commitment, on any date of determination, the amount set forth in the table below; provided that, on and after any Commitment Increase Date, the Minimum Funding Amount shall be the amount specified above plus 70% of the increase in the Financing Commitment resulting from the Commitment Increase Request and any prior Commitment Increase Request: Amendment Date To and including the last day of the Reinvestment Period 234,500,000
Minimum Funding Amount means, with respect to the Financing Commitment, on any date of determination, the amount set forth in the table below; provided that, on and after any Commitment Increase Date, the Minimum Funding Amount shall be the amount specified above plus 70% of the increase in the Financing Commitment resulting from the Commitment Increase Request and any prior Commitment Increase Request:
Examples of Minimum Funding Amount in a sentence
If the Total Outstandings are less than the Minimum Funding Amount on any date during the Availability Period, then the Borrower agrees to pay or cause to be paid to the Administrative Agent, for the account of each Lender, an undrawn fee (the “Undrawn Fee”) which shall accrue on each day during the Availability Period at a per annum rate equal to the Applicable Margin on the actual daily Undrawn Amount.
More Definitions of Minimum Funding Amount
Minimum Funding Amount. The amount specified below for each Class of Certificates in this Series: Class A-R = $ 1,000,000 Class B-R = $ 3,300,045 Class C-R = $ 2,100,000 Class D-R = $ 1,000 provided that, with respect to the final funding prior to issuance of any Term -------- Certificates, the Minimum Funding Amount for the Class A-R Certificates shall be $100,000.
Minimum Funding Amount means the dollar amount specified on the cover page of this Agreement.
Minimum Funding Amount means, on any date of determination, the amount set forth in the table below: Effective Date To and including, September, 30, 2016 57,000,000 From and excluding September, 30, 2016 To and including March 31, 2017 100,000,000 From and excluding March 31, 2017 Last day of Reinvestment Period 125,000,000
Minimum Funding Amount means: (x) $10 million with respect to a First Bona Fide Fund which is formed by both Co-Managers, or with which both Co-Managers are or become Associated or Affiliated on the Required Funding Date; and (y) $5 million with respect to a First Bona Fide Fund which is formed only by Employee and with which the other Co-Manager is not and does not become Associated or Affiliated on the Required Funding Date.
Minimum Funding Amount. Fifteen million dollars ($15,000,000), to be funded among the various Classes Outstanding in accordance with their relative Maximum Series Amounts; or, with respect to the final issuance of Term Certificates hereunder, such smaller amount necessary to reach the Maximum Series Amount.
Minimum Funding Amount means, on any date of determination, the amount set forth in the table below:
Minimum Funding Amount means, on any date of determination, the amount set forth in the table below. March 27, 2024 March 27, 2025 $12,500,000 March 28, 2025 Final Maturity Date The greater of (i) $25,000,000 and (ii) 50% of the Facility Amount in effect on such date of determination