Daily Undrawn Amount definition
Daily Undrawn Amount means, for each day during the term hereof, an amount equal to (a) the Aggregate Commitments existing as of the end of such day, less (b) the aggregate Outstanding Amount (with respect to both Committed Loans and L/C Obligations) as of the end of such day.
Daily Undrawn Amount means, for each day during the term hereof, an amount equal to (a) the Aggregate Revolving Commitments existing as of the end of such day, less (b) the aggregate Outstanding Amount of Committed Revolving Loans and L/C Obligations (but specifically excluding Swing Line Loans (other than to the extent the risk participation in a Swing Line Loan has been funded in cash by a Revolving Lender)) as of the end of such day.