Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.
Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.2(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.
Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Downgrade Advance (subject to any reinstatement of the obligations of the Liquidity Provider pursuant to Section 2.06(d)), a Non-Extension Advance, a Special Termination Advance or a Final Advance, the Maximum Available Commitment shall be zero.
Examples of Maximum Available Commitment in a sentence
Each Interest Advance made hereunder shall automatically reduce the Maximum Available Commitment and the amount available to be borrowed hereunder by subsequent Advances by the amount of such Interest Advance (subject to reinstatement as provided in the next sentence).
Each Interest Advance made hereunder shall automatically reduce the Maximum Available Commitment and the amount available to be borrowed hereunder by subsequent Advances by the amount of such Revolving Credit Agreement (Class AA) (American Airlines 2017-2 Aircraft EETC) Interest Advance (subject to reinstatement as provided in the next sentence).
More Definitions of Maximum Available Commitment
Maximum Available Commitment means an amount, if any, equal to the excess of the Revolving Loan Commitment minus the outstanding principal amount of all Revolving Loans.
Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that, subject to Section 2.06(d), following a Provider Advance, a Special Termination Advance or a Final Advance, the Maximum Available Commitment shall be zero. Revolving Credit Agreement (Class B) (American Airlines 2019-1 Aircraft EETC)
Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance, a Special Termination Advance or a Final Advance, the Maximum Available Commitment shall be zero. Revolving Credit Agreement (Class A) (2009-1 Aircraft EETC) 5
Maximum Available Commitment with respect to any Primary Liquidity Facility, has the meaning specified therein.
Maximum Available Commitment means, subject to the proviso ---------------------------- contained in the third sentence of Section 2.02(a), at any time of --------------- determination, (a) the Maximum Commitment at such time, less (b) the aggregate ---- amount of each Interest Advance outstanding at such time; provided, however, -------- ------- that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.
Maximum Available Commitment with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.
Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero; provided, further, that the Maximum Available Commitment for purposes of calculating the amount of any Non-Extension Advance or Downgrade Advance shall be (a) the then Required Amount (calculated on the basis of a Capped Interest Rate of 20.05% per annum) less (b) the aggregate amount of each Interest Advance outstanding at such time.