Commitment Utilization definition

Commitment Utilization means an amount equal to the average daily difference between (a) the total commitment of the Revolving Facility and (b) the aggregate outstanding balance of the Revolving Facility.
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Commitment Utilization means, for any period, the ratio of (i) the aggregate principal amount of then outstanding Loans (other than any Competitive Loans) to (ii) the then aggregate amount of the Commitments.
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Commitment Utilization means, for any period, the ratio of (i) the aggregate amount of then outstanding Loans plus then existing LC Obligations to (ii) the current Facility Amount."
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Examples of Commitment Utilization in a sentence

  • An electronic version of the MBE Commitment Utilization Forms shall also be submitted with the original.

  • Electronic media must be a CD or USB and shall bear a label on the outside containing the RFP number and name as well as the name of the Offeror and the words Volume III: MBE Commitment Utilization Forms.

  • An electronic version of the MBE/WBE Commitment Utilization Forms shall also be submitted with the original.

  • The MBE envelope shall include One (1) original (so labeled) and one (1) copy of Commitment Utilization forms provided with the RFP (See Appendix J).

  • Electronic media must be a CD or USB and shall bear a label on the outside containing the RFP number and name as well as the name of the Offeror and the words Volume III: MBE/WBE Commitment Utilization Forms.

  • The MBE envelope shall include One (1) original (so labeled) and one (1) copy of Commitment Utilization forms provided with the RFP.

  • Electronic media must be a CD or USB and shall bear a label on the outside containing the RFP number and name as well as the name of the Offeror and the words Volume III: MBE Commitment Utilization Forms In addition, an exact duplicate of the Original MBE Proposal shall be submitted electronically via eMMA by the deadline date indicated in the RFP.

  • The MBE/WBE envelope shall include One (1) original (so labeled) and one(1) copy of Commitment Utilization forms provided with the RFP (See Appendix J).

  • Some specifications also include balance sheet data on governments from the 2017 Census of Governments (Log(General Revenue), Total Expenditures, Revenue Gov Sources, Total Taxes, Debt-to-Revenue, Interest Expense) or loan characteristics (Remaining Maturity, Interest Rate, Commitments-to-Revenue, Commitment Utilization, Secured, or Guaranteed).

  • Entities shall submit in separate attachments the following:• Volume I - Technical Proposal• Volume II - Financial Proposal• Volume III - Minority Business Enterprise and Women’s Business Enterprise (MBE/WBE) Commitment Utilization (pdf) 2.0 VOLUME I: TECHNICAL PROPOSAL FORMAT Each Proposal must include a table of contents, and all pages in the Technical Proposal must be numbered consecutively from beginning to end and separated by tabs as described below: TAB A.


More Definitions of Commitment Utilization

Commitment Utilization means, as of any date of determination, the percentage obtained by dividing (a) the Outstandings on such date by (b) the aggregate Revolving Commitments.
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Commitment Utilization means, for any period, the ratio of: (i) the Outstandings to (ii) the Commitment Amount, provided that for purposes of determining the Commitment Utilization Margin for the period ending June 30, 1999, the Commitment Utilization is deemed to be ">.50". Execution Copy
Sample 1
Commitment Utilization means an amount equal to the average daily difference between (a) the total commitment of the Revolving Facility and (b) the aggregate outstanding balance of the Revolving Facility. All accrued Unused Line Fees will be fully earned and due and payable monthly in arrears for the account of the Lenders under the Revolving Facility and will accrue from the Closing Date.
Sample 1

Related to Commitment Utilization

  • Commitment Utilization Percentage means on any day the percentage equivalent to a fraction (a) the numerator of which is the aggregate outstanding principal amount of Revolving Credit Loans, including the aggregate outstanding principal amount of Letters of Credit, Swingline Loans and Competitive Loans, and (b) the denominator of which is the Total Commitment (or, on any day after termination of the Commitments, the Total Commitment in effect immediately preceding such termination).

  • Total Utilization of Revolving Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing Issuing Bank for any amount drawn under any Letter of Credit, but not yet so applied), (ii) the aggregate principal amount of all outstanding Swing Line Loans and (iii) the Letter of Credit Usage.

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the Letter of Credit Usage.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Revolving Facility Commitment means, with respect to any Revolving Facility Lender, such Lender’s commitment to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Lender’s Revolving Facility Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04 and (c) increased (or replaced) as provided under Section 2.20. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 to the Original Credit Agreement, or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment (or Incremental Revolving Facility Commitment), as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments as of the Closing Date is $100,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Unutilized Commitment means, with respect to any Lender at any time, such Lender's Commitment at such time less the aggregate principal amount of all Loans made by such Lender that are outstanding at such time.

  • Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Restatement Date is $265,000,000.

  • L/C Commitment $50,000,000.

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • Commitment Increase Notice has the meaning assigned to such term in Section 2.19.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • 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 $200,000,000.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”