Class A-1R Allocated Commitment definition
Class A-1R Allocated Commitment means, at any time, the aggregate principal amount of the Aggregate Class A-1R Commitment allocated by the Collateral Manager on behalf of the Issuer as a reserve to fund the payment of Unfunded Amounts in respect of Revolving Obligations and Delayed Drawdown Collateral Obligations, which shall be such amount (not exceeding the Aggregate Class A-1R Commitment) as is equal to the difference between (i) the aggregate Unfunded Amounts in respect of Revolving Obligations and Delayed Drawdown Collateral Obligations and (ii) the balance standing to the credit of the Revolving Reserve Account (converted, if applicable, into Euro at the Initial Spot Rate, unless otherwise specified).
Class A-1R Allocated Commitment means, at any time, the sum of the principal amount denominated in Euro and/or Sterling of the Class A-1R Commitments allocated as a reserve to fund the payment of Unfunded Amounts in respect of Revolving Obligations and Delayed Drawdown Collateral Obligations, provided that the Class A-1R Allocated Commitment may only be allocated (with such allocation to take place on the purchase date of the relevant Revolving Obligation or Delayed Drawdown Collateral Obligation) to fund payments of the Unfunded Amounts in respect of a Revolving Obligation or a Delayed Drawdown Collateral Obligation if the minimum drawing period in respect of such Revolving Obligation or Delayed Drawdown Collateral Obligation exceeds the Class A-1R Notes Draw Period and provided further that Class A-1R Allocated Commitments denominated in Sterling may only be allocated in respect of Revolving Obligations and Delayed Drawdown Collateral Obligations the Base Currency of which is Sterling and which shall be such amount (not exceeding the aggregate Class A-1R Commitments) as is equal to the difference between (i) the aggregate Unfunded Amounts in respect of Revolving Obligations and Delayed Drawdown Collateral Obligations whose Base Currency is Euro or Sterling, as the case may be; and (ii) the Balance denominated in Euro or Sterling, respectively standing to the credit of the Revolving Reserve Account.
Class A-1R Allocated Commitment means, at any time, the sum of the principal amount of the Class A-1R Commitments allocated as a reserve to fund the payment of Unfunded Amounts in respect of Revolving Collateral Obligations, Delayed Drawdown Collateral Obligations and Unfunded Synthetic Securities, provided that the Class A-1R Allocated Commitment may only be allocated (with such allocation to take place on the settlement date of the purchase of the relevant Revolving Collateral Obligation, Delayed Drawdown Collateral Obligation or
More Definitions of Class A-1R Allocated Commitment
Class A-1R Allocated Commitment means, at any time, the sum of the principal amount denominated in Euro and/or Sterling of the Class A-1R Commitments allocated as a reserve to fund the payment of Unfunded Amounts in respect of Revolving Obligations and Delayed Drawdown Collateral Obligations, provided that: