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 Lender, the Commitment of such Lender less its Revolving Credit Exposure.

Examples of Unfunded Commitment in a sentence

• No Partner will be obligated to make any Capital Contributions in excess of such Partner’s Unfunded Commitment.

• Such payment shall not reduce such Partner’s Unfunded Commitment or increase such Partner’s Capital Contribution, and any such payment shall be payable without regard to such Partner’s Unfunded Commitment and notwithstanding the termination of the Partnership.

• If, as provided in Section 5.1(e)(viii) above, the General Partner has declared the entire amount of such Defaulting Partner’s Unfunded Commitment due and payable, such entire amount will accrue interest from the date of Default at the maximum rate permitted by applicable law.

• Each Partner will remain obligated to make Capital Contributions up to an aggregate amount not to exceed such Partner’s Unfunded Commitment throughout the duration of the Partnership to the extent necessary to cover any and all expenses (as described in Section 4.8(a)); and until the first anniversary of the acceptance date of such Capital Commitment, to make investments by the Partnership.

More Definitions of Unfunded Commitment

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.

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. 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, with respect to any Partner and each Capital Commitment as of any date, the excess, if any, of (i) the amount of such Partner’s Capital Commitment, over (ii) such Partner’s Funded Commitment.

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.