Utilization definition
Examples of Utilization in a sentence
The Lessee undertakes to implement the Economic Utilization Plan (“PAE”) previously approved by the DNPM.
If (A) Capital Commitments of the Limited Partners may not be called to pay the Obligations, without meeting any special conditions (including the use or timing of any Utilization, but excluding any notice conditions or any conditions concerning the timing, delivery and/or form of such notice) or (B) additional conditions or requirements are imposed on the Limited Partner’s obligations to fund Capital Contributions for purposes of repaying the Obligations.
The Borrower shall repay each Utilization no later than 30 days following the Utilization Date thereof (as such period may be extended by the Administrative Agent in its sole discretion).