Unfunded Commitment definition

Unfunded Commitment means, with respect to each Lender, the Revolving Commitment of such Lender less its Revolving Exposure.

Unfunded Commitment means, with respect to any Investor at any time, the Capital Commitment of such Investor, minus the aggregate Capital Contributions made, or deemed made under the Operating Agreement to Borrower by such Investor, plus Returned Capital attributed to such Investor, but “Unfunded Commitment” shall not include that portion of an Investor’s Capital Commitment that is, at such time, subject to a Pending Capital Call.

Unfunded Commitment means, with respect to each Lender, the Revolving Commitment of such Lender less its Revolving Credit Exposure.

Examples of Unfunded Commitment in a sentence

• Amounts contributed in respect of any Make-Up Contribution will reduce the Unfunded Commitment of a New Commitment Shareholder and will be treated as a Capital Contribution; provided, however, that the amount of any Make-Up Contribution representing interest shall not reduce the Unfunded Commitment of a New Commitment Shareholder and will not be treated as a Capital Contribution.

• A Noteholder when subscribing for a Note agrees that it shall be a condition of such Note that the Noteholder is obliged to fund any Remaining Funding Commitment in respect of any Unfunded Commitment or the acquisition of Confirmed Loan Assets or where there is more than one Noteholder subscribing for particular Notes its pro rata share of such any Remaining Funding Commitment in respect of any Unfunded Commitment or the acquisition price of Confirmed Loan Assets.

• Total Exposure represents the sum of Market Value and Unfunded Commitment.

• The amount of capital required to be contributed by each Partner on each occasion of an Additional Capital Contribution shall be computed by the General Partner so that each Partner’s Additional Capital Contribution bears the same relationship to the aggregate Additional Capital Contributions to be made on such occasion as such Partner’s Unfunded Commitment bears to the aggregate Unfunded Commitments of all Partners.

• Unfunded Commitment represents the aggregate remaining commitments to partnership investments.

More Definitions of Unfunded Commitment

Unfunded Commitment means, with respect to each Lender, the Revolving Commitment of such Lender less its Revolving Exposure; provided, that, as to any Lender, clause (a) of the definition of “Swingline Exposure” shall only be applicable in calculating a Lender’s Revolving Exposure to the extent such Lender shall have funded its respective participations in the outstanding Swingline Loans.

Unfunded Commitment. As defined in Section 3.2(a).

Unfunded Commitment means, with respect to any Transferred Interest, any unfunded obligations of Assignor or the Owner Trustee to make loans, advances or extensions of credit or to defer or extend the time for payment of rent obligations for the purpose of funding or otherwise financing modifications to the Aircraft to which such Transferred Interest relates or the acquisition of equipment.

Unfunded Commitment means, with respect to each Bank, the Revolving Commitment of such Bank less its Revolving Credit Exposure.

Unfunded Commitment means, with respect to each Revolving Lender, the Revolving Commitment of such Revolving Lender less its Revolving Credit Exposure; provided that, as to any Revolving Lender, clause (a) of the definition of “Swingline Exposure” shall only be applicable in calculating a Revolving Lender’s Revolving Credit Exposure to the extent such Lender shall have funded its respective participations in the outstanding Swingline Loans.

Unfunded Commitment means, as to any Member and as of any date, the excess of such Member’s Capital Commitment over such Member’s Capital Contribution as of such date.

Unfunded Commitment means, with respect to each Lender, the Commitment of such Lender less its Credit Exposure; provided, that, as to any Lender, clause (a) of the definition of “Swingline Exposure” shall only be applicable in calculating a Lender’s Credit Exposure to the extent such Lender shall have funded its respective participations in the outstanding Swingline Loans.