Utilized Amount definition

Utilized Amount means the principal that any Creditor allow the Borrower to drawdown or that any Creditor is deemed to allow the Borrower to drawdown on each Utilization Date;

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Utilized Amount means, for any Percentage Interest at any time, the sum of (i) the aggregate Purchase Price of such Percentage Interest at such time and (ii) the Total Reserves for such Percentage Interest at such time.

Utilized Amount means, as of any date of determination, the aggregate amount, if any, of the Carryover Amount previously offset against (w) the Sellers' Contingent Payment under Section 4.2(b)(iii) hereof, (x) any Buyout Amount under Section 9.4(c) hereof, (iii) the Second Tier Initial Purchase Price under Section 11.2(b) hereof and (iv) any Third Tier Initial Purchase Price under Section 12.2(b) hereof.

Examples of Utilized Amount in a sentence

If, at the end of any fiscal quarter, the average daily Combined Utilized Amount during such quarter was greater than sixty-seven percent (67.0%) of the average daily amount of the Combined Commitment during such quarter, the Borrower will pay to the Administrative Agent for the ratable benefit of the Lenders a utilization fee of 0.25% on the average daily Combined Utilized Amount during such quarter.
The Company shall pay to the Agent for the account of each Bank a utilization fee (the “Utilization Fee”) on the actual outstanding Loan balance and LC Obligations for all days on which the Combined Utilized Amount exceeds fifty percent (50%) of the Combined Commitment (or, if all or any part of the Combined Commitment has been terminated, the Combined Commitment in effect immediately prior to such termination), equal to the Applicable Utilization Fee Rate.
The Utilized Amount shall always be paid over three months, apart from the payment of the First Installment.
The Company shall pay to the Agent for the account of each Bank a utilization fee (the “Utilization Fee”) on the actual outstanding Loan balance for all days on which the Combined Utilized Amount exceeds fifty percent (50%) of the Combined Commitment (or, if all or any part of the Combined Commitment has been terminated, the Combined Commitment in effect immediately prior to such termination), equal to the Applicable Utilization Fee Rate.
If, on any date prior to the Conversion Date, the --------------- Combined Utilized Amount exceeds thirty-three percent (33%) of the Combined Commitment then in effect on such date, the Borrower will pay to the Administrative Agent for the ratable benefit of the Lenders a utilization fee (the "Utilization Fee") at a per annum rate equal to 0.10% on the Combined Utilized Amount as of such date, payable quarterly in arrears on each Payment Date.
As soon as possible, and no later than 30 days after the User has announced their cancellation of the Contractual Basis, the User must conduct a payment of the Utilized Amount to Anyday.
The User may also choose to pay a larger First Installment to decrease the Utilized Amount.
The Borrowers jointly and severally agree to pay to the Administrative Agent for the accounts of the Lenders in accordance with their respective Commitment Percentages a utilization fee (the "Utilization Fee") calculated daily on the Utilized Amount at the per annum rate equal to 0.125% for each day on which the Utilized Amount exceeds the product of (a) 0.50 multiplied by (b) the Total Commitment as in effect on such date.
If, at the end of any fiscal quarter, the average daily Combined Utilized Amount during such quarter exceeded thirty-three percent (33.0%) but was less than or equal to sixty-seven percent (67.0%) of the average daily amount of the Combined Commitment during such quarter, the Borrower will pay to the Administrative Agent for the ratable benefit of the Lenders a utilization fee of 0.125% on the average daily Combined Utilized Amount during such quarter.
For each day, the Applicable Margin shall be the applicable margin set forth below with respect to the Utilized Amount for each such day: BASE RATE EURODOLLAR LEVEL UTILIZED AMOUNT LOANS RATE LOANS LETTER OF CREDIT FEES ---------------------------------------------------------------------------------------------- I Greater than or equal to 33% of the Total 0% 2.00% 2.00% Commitment APPLICABLE PENSION LEGISLATION.

More Definitions of Utilized Amount

Utilized Amount means the average daily utilization during the preceding month (or with respect to the Termination Date, during the period from the date through which the last Non-Utilization Fee calculation has been made to the Termination Date) by Seller which is calculated by dividing (i) the sum of the Aggregate EPF Purchase Price and the Aggregate MRA Purchase Price during such period, by (b) the number of days in such period.

Utilized Amount means, as measured by the Buyer on a date, the sum of:

Utilized Amount at any time shall mean all amounts of the Upfront Support Credit (as escalated in accordance with the Formula) that have been extended as of such time to the Buyer. 1.2.2 The Upfront Support Credit shall be used for the purchase by the Buyer of product support goods and services from the Seller or its Affiliates (as defined below) and include goods and services as further described in Letter Agreement No. 2 to the Agreement.

Utilized Amount shall have the meaning assigned thereto in the Pricing Side Letter.

Utilized Amount as of any date of determination, the Dollar -------- ------ Equivalent of the sum of the aggregate principal amount of all Revolving Credit Loans outstanding and all Swing Line Loans outstanding on such date.