Commitment Availability means at any time the positive difference (if any) between (a) an amount equal to the aggregate amount of the Commitments at such time minus (b) the Aggregate Capital at such time.
Commitment Availability means, on any date, the excess of
Commitment Availability means, as of any date of determination during the Revolving Commitment Period, the lesser of (i) an amount equal to the Borrowing Base minus the aggregate principal balance of all Loans outstanding and (ii) the Undrawn Amount.
Examples of Commitment Availability in a sentence
The Company and its consolidated Subsidiaries as of the last day of each calendar month shall maintain (x) unrestricted Cash and/or Cash Equivalents of at least $[***] and (y) unrestricted Cash and/or Cash Equivalents plus Commitment Availability of $[***] in the aggregate.
More Definitions of Commitment Availability
Commitment Availability mean, as to each Purchaser Group, at any time the positive difference (if any) between (a) the aggregate amount of the Commitments at such time of the members of such Purchaser Group, minus (b) such Purchaser Group’s Capital outstanding at such time.
Commitment Availability means at any time the positive difference (if any) between (a) an amount equal to (i) the aggregate amount of the Commitments divided by (ii) 1.02, minus (b) the Aggregate Capital at such time.
Commitment Availability means at any time the positive difference (if any) between (a) $95,000,000 minus (b) the aggregate Capital at such time.
Commitment Availability means, for each Group, the excess (if any) of (i) the aggregate amount of the Commitments of the Committed Purchasers in such Group divided by 1.02, over (ii) the outstanding aggregate Capital of all Purchasers in such Group.
Commitment Availability means at any time the positive difference (if any) between (a) an amount equal to the Aggregate Commitment Amount minus an amount equal to 2% of such Aggregate Commitment Amount at such time minus (b) the Series 2003-1 Invested Amount at such time.
Commitment Availability means, on any date, the sum of
Commitment Availability means, on any date, the excess of (a) the then Commitment Amount, over (b) the Letter of Credit Outstandings on such date.