Undrawn Commitment Amount definition

Undrawn Commitment Amount means, on any day, the amount by which the aggregate principal amount of all Loans outstanding at the close of business on such day is less than the Total Commitment on such day.
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Undrawn Commitment Amount has the meaning set forth in Section 4.10.
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Undrawn Commitment Amount means, as at any date, the Commitment Amount as in effect on such date (it being understood that the Commitment Amount will be reduced by the aggregate amount of all Advances which have been made hereunder through such date, as well as any voluntary or mandatory reductions in accordance with the terms hereof).
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Examples of Undrawn Commitment Amount in a sentence

  • The Borrower shall, subject to Section 11.5(b)(ii)(y), pay to the Class A-R Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (the "Commitment Fee") accruing for each day during each Interest Period during the Class A-R Commitment Period at a per annum rate equal to 1.00% of the Undrawn Commitment Amount.

  • Pursuant to the terms of the Class A-1-D Note Purchase Agreement, each Class A-1-D Noteholder has agreed to pay to the Issuer the amounts from time to time specified in any Funding Request up to an aggregate amount not exceeding the applicable Class A-1-D Undrawn Commitment Amount of such Noteholder on the terms and subject to the conditions set out in the Class A-1-D Note Purchase Agreement.

  • This meeting will allow for introduction of the project team, discussion of scope of work, receipt of project information, and discussion of project schedule.

  • For the avoidance of doubt, the amount of the final Delayed Draw Note Funding to be provided to the Issuer on the Delayed Draw Commitment Termination Date specified in such Delayed Draw Note Funding Request will be an amount equal to the Delayed Draw Undrawn Commitment Amount as at such date.

  • The Issuer shall not issue any Delayed Draw Funding Request which would cause the Principal Amount Outstanding of the Notes to exceed the Prescribed Maximum Issuance Amount in relation to the relevant Delayed Draw Noteholder.No Delayed Draw Note Request in respect of the Delayed Draw Notes shall exceed the Delayed Draw Note Undrawn Commitment Amount or be for an amount less than the Minimum Denomination and any Delayed Draw Note Funding in excess thereof shall be in the Authorised Integral Amount.

  • From and after the Closing Date until the Construction Commitment Termination Date, the Undrawn Commitment Amount shall bear interest at the rate of three-eighths percent (0.375%) per annum (the “Undrawn Commitment Fee”), payable ratably to each Note Holder in arrears on and to each Payment Date.

  • The Class A-2 Noteholders will make such Fundings available to the Issuer in an amount not in excess of such Noteholder’s applicable Class A-2 Undrawn Commitment Amount on the terms and subject to the conditions set out in the Class A-2 Variable Funding Agreement.

  • On the Class A-2 Commitment Termination Date, the Class A-2 Noteholders will be required to pay (or cause to be paid) to the Additional Collateral Account, any remaining Class A-2 Undrawn Commitment Amount as at such date.

  • This is a retrospective approach where the impact of adoption is adjusted against the opening balance of retained earnings on the date of initial application.

  • For avoidance of doubt, other than as specified in Condition 7 (Redemption and Purchase), any repayments of Funded Amounts under the Class A-2 Notes prior to the Class A-2 Commitment Termination Date shall result in a corresponding increase in the Class A-2 Undrawn Commitment Amount of each Class A-2 Note.


More Definitions of Undrawn Commitment Amount

Undrawn Commitment Amount means, with respect to any Remittance Period (or portion thereof during which the Commitments were in effect), the positive difference, if any (expressed in Dollars), between (i) the aggregate Commitments and (ii) the weighted average of Advances Outstanding for each day during such period.
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Related to Undrawn Commitment Amount

  • Undrawn Commitment means, with respect to any Revolving Lender at any time, an amount (which may not be less than zero) equal to (i) such Lender’s Revolving Commitment at such time minus (ii) the aggregate outstanding principal amount of Revolving Loans held by such Revolving Lender at such time.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • LC Commitment Amount means $600,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.08.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Revolving Commitment Fee has the meaning specified in Section 2.09(a).

  • Swing Line Loan Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Aggregate Revolving Committed Amount has the meaning provided in Section 2.01(a).

  • Aggregate Revolving Commitment means the aggregate amount of the Revolving Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $150,000,000.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche A Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche A Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche A Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders’ Tranche A Commitments is $100,000,000.

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders, as adjusted from time to time in accordance with the terms hereof. The initial amount of the Aggregate Revolving Commitments in effect on the Closing Date is SEVEN HUNDRED MILLION DOLLARS ($700,000,000.00).