Unused Commitment. On any date of determination with respect to a Committed Lender, the excess, if any, of its Commitment over the aggregate outstanding Advances funded by such Committed Lender (after giving effect to any changes in such Commitment, any making or repayment of Advances and any purchases of Advances by such Committed Lender from its related Conduit Lender pursuant to Section 2.1(i) on such date). USBank: U.S. Bank National Association, in its individual capacity.
Unused Commitment. If the Agent does not then receive the Unpaid Amount in full, upon notice from the Agent by not later than 2:00 p.m. (Chicago time) on such day, each Liquidity Provider that has not failed to fund any part of its obligations on such day under this Section 2.1 shall pay to the Agent, by not later than 2:30 p.m. (Chicago time), its proportionate share (determined as described above) of the amount of such remaining deficiency up to the amount of its Unused Commitment. Any Liquidity Provider that fails to make a payment under this Section 2.1 on the date of a Put shall pay on demand to each other Liquidity Provider that makes a payment under this subsection (b) the amount paid by it to cover such failure, together with interest thereon, for each day from the date such payment was made until the date such other Liquidity Provider has been paid such amount in full, at a rate per annum equal to the Federal Funds Rate plus two percent (2%) per annum. In addition, without prejudice to any other rights Windmill may have under applicable law, any Liquidity Provider that has failed to transfer to the Agent under Section 2.1(a) its full Purchase Price shall pay on demand to Windmill the difference between such unpaid Purchase Price and the amount paid by other Liquidity Providers or the Agent to cover such failure, together with interest thereon, for each day from the date such Purchase Price was due until the date paid, at a rate per annum equal to the Federal Funds Rate plus two percent (2%) per annum.
Unused Commitment at any time, the difference between the Commitment Amount and the aggregate principal amount of all Loan Advances made as of such time, whether or not repaid.
Unused Commitment. With respect to any Lender as of any date of determination, the excess of (i) the Commitment then in effect for such Lender, over (ii) the then unpaid principal balance of the Note owned by such Lender as of such date of determination, after giving effect to all principal payments to be received by such Lender on such date of determination.
Unused Commitment. See Section 2.2(a).
Unused Commitment. 11 "Voluntary Store Closing"...................................11 "
Unused Commitment. With respect to any Class A Lender as of any date of determination, the excess of (i) the Commitment Amount then in effect for such Class A Lender, over (ii) the then unpaid principal balance of the Class A Note owned by such Class A Lender as of such date of determination, after giving effect to all principal payments to be received by such Class A Lender on such date of determination.
Unused Commitment. At a particular date, the amount of the Total Commitment that has not been disbursed, i.e., the amount that remains available for disbursement to Borrower.
Unused Commitment. Whenever reference is made in the Loan Agreement or in any of the other Loan Documents to the term "Unused Commitment", the same shall be deemed to mean the difference between the Maximum Amount of Revolving Credit and the aggregate amount of all Advances previously approved or in process hereunder (whether actually disbursed or reserved for future disbursement for construction of a Unit, subject to the limitations set forth in Section 2.2 of the Agreement which establishes the maximum amount of the aggregate Advances for construction of Units), net of principal repayments hereunder which are available for redisbursement in accordance with the terms of the Agreement.
Unused Commitment. Borrower shall pay an unused commitment fee in an amount equal to .125% (on an annual basis, based on a 365-day year) of: (i) at all times prior to a Reduction Event, the difference between $50,000,000 and the daily outstanding principal balance of the Loan, and (ii) at all times after a Reduction Event, the difference between $40,000,000 and the daily outstanding principal balance of the Loan. Such fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter.
