Examples of Unused Total Commitment in a sentence

Upon at least two Business Days' prior written notice to the Agent, the Borrower may at any time in whole permanently terminate, or from time to time in part permanently reduce, the Unused Total Commitment.
Simultaneously with each reduction or termination, as applicable, of the Unused Total Commitment, the Borrowers shall pay to the Administrative Agent for the account of each Lender the Commitment Fee accrued on the amount of the Commitment of such Lender so terminated or reduced through the date thereof.
Each such reduction or termination, as applicable, of the Unused Total Commitment shall be in the principal amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof.
Each such reduction or termination, as applicable, of the Unused Total Commitment shall be in the principal amount of $1,000,000 or any integral multiple of $1,000,000 in excess thereof.
Any reduction or termination, as applicable, of the Unused Total Commitment pursuant to this Section shall be deemed to be a reduction or termination, as applicable, in the amount of such reduction or termination of the Total Commitment and shall be applied pro rata to reduce the Commitment of each Lender.

More Definitions of Unused Total Commitment

Unused Total Commitment means, at any time, (i) the Total ----------------------- Commitment less (ii) the Total Usage.

Unused Total Commitment means, at any time, the Tranche A Unused Total Commitment or the Tranche B Unused Total Commitment, as the context may require, and "UNUSED TOTAL COMMITMENTS" shall mean the sum of the foregoing.".

Unused Total Commitment means, at any time, the excess of (a) the Total Credit Facility Amount at such time over (b) the Aggregate Credit Facility Exposure at such time.