Overcommitment Amount definition

Overcommitment Amount means (i) the aggregate amount of all outstanding capital commitments by the Partnership in respect of Class A to Portfolio Investments in excess of one hundred percent (100%) of aggregate Class A Opportunistic Commitments of the Partners, not to exceed ten percent (10%) of aggregate Class A Opportunistic Commitments; (ii) the aggregate amount of all outstanding capital commitments by the Partnership in respect of Class B to Portfolio Investments in excess of one hundred percent (100%) of aggregate Class B Commitments of the Partners, not to exceed ten percent (10%) of aggregate Class B Commitments; (iii) the aggregate amount of all outstanding capital commitments by the Partnership in respect of Class C to Portfolio Investments in excess of one hundred percent (100%) of aggregate Class C Commitments of the Partners, not to exceed ten percent (10%) of aggregate Class C Commitments; (iv) the aggregate amount of all outstanding capital commitments by the Partnership in respect of Class D to Portfolio Investments in excess of one hundred percent (100%) of aggregate Class D Opportunistic Commitments of the Partners, not to exceed ten percent (10%) of aggregate Class D Opportunistic Commitments; (v) the aggregate amount of all outstanding capital commitments by the Partnership in respect of Class E to Portfolio Investments in excess of one hundred percent (100%) of aggregate Class E Commitments of the Partners, not to exceed ten percent (10%) of aggregate Class E Commitments, and/or (vi) the aggregate amount of all outstanding capital commitments by the Partnership in respect of Class F to Portfolio Investments in excess of one hundred percent (100%) of aggregate Class F Commitments of the Partners, not to exceed ten percent (10%) of aggregate Class F Commitments, as applicable. For the avoidance of doubt, the Overcommitment Amount comprises amounts that can be committed or invested by the Partnership, in addition to any other amounts that can be committed or invested pursuant to this Agreement, including in connection with clause (i) of the definition of Recyclable Amounts.

Examples of Overcommitment Amount in a sentence

  • For the avoidance of doubt, the Overcommitment Amount comprises amounts that can be committed or invested by the Partnership, in addition to any other amounts that can be committed or invested pursuant to this Agreement, including in connection with clause (i) of the definition of Recyclable Amounts.