Unfunded Commitment definition

Unfunded Commitment means, with respect to each Lender, the Revolving Commitment of such Lender less its Revolving Exposure.

Unfunded Commitment means, with respect to any Investor at any time, the Capital Commitment of such Investor, minus the aggregate Capital Contributions made, or deemed made under the Operating Agreement to Borrower by such Investor, plus Returned Capital attributed to such Investor, but “Unfunded Commitment” shall not include that portion of an Investor’s Capital Commitment that is, at such time, subject to a Pending Capital Call.

Unfunded Commitment means, with respect to each Revolving Lender, the Revolving Commitment of such Revolving Lender less its Revolving Credit Exposure; provided that, as to any Revolving Lender, clause (a) of the definition of “Swingline Exposure” shall only be applicable in calculating a Revolving Lender’s Revolving Credit Exposure to the extent such Lender shall have funded its respective participations in the outstanding Swingline Loans.

Examples of Unfunded Commitment in a sentence

• Amounts contributed in respect of any Make-Up Contribution will reduce the Unfunded Commitment of a New Commitment Shareholder and will be treated as a Capital Contribution; provided, however, that the amount of any Make-Up Contribution representing interest shall not reduce the Unfunded Commitment of a New Commitment Shareholder and will not be treated as a Capital Contribution.

• Unfunded Loan Interests: As of August 31, 1996, the Fund had unfunded loan commitments of $268,840,813 which would be extended at the option of the borrower, pursuant to the following loan agreements: Unfunded Commitment Borrower (in thousands) Atlas Air, Inc.

• As of August 31, 1997, the Fund had unfunded loan commitments of $342,215,631, which would be extended at the option of the borrower, pursuant to the following loan agreements: Unfunded Commitment Borrower (in thousands) AFC Enterprises $10,000 AMF Group, Inc.

• The Subscriber and the Company agree and acknowledge that any dividends received by the Subscriber or reinvested by the Company on the Subscriber’s behalf shall have no effect on the amount of the Subscriber’s Unfunded Commitment.

• Thus, an Unfunded Commitment represents the portion of the Fund’s overall capital commitment to a particular Private Investment Fund that has not yet been called by the general partner of the Private Investment Fund.

More Definitions of Unfunded Commitment

Unfunded Commitment. As defined in Section 3.2(a).

Unfunded Commitment means, with respect to any Transferred Interest, any unfunded obligations of Assignor or the Owner Trustee to make loans, advances or extensions of credit or to defer or extend the time for payment of rent obligations for the purpose of funding or otherwise financing modifications to the Aircraft to which such Transferred Interest relates or the acquisition of equipment.

Unfunded Commitment means the commitment of Seller to fund additional advances under any Loan, or under any new unfunded Loan commitment on and after the Closing Date.

Unfunded Commitment means, with respect to each Bank, the Revolving Commitment of such Bank less its Revolving Credit Exposure.

Unfunded Commitment means, as to any Member and as of any date, the excess of such Member’s Capital Commitment over such Member’s Capital Contribution as of such date.

Unfunded Commitment or any of the related defined terms;

Unfunded Commitment means, with respect to any Common Member as of any date, the amount of such Common Member's Common Share Commitment minus such Common Member's Aggregate Capital Contributions previously made.