Facility Utilization definition

Facility Utilization at any date, the amount (expressed as a percentage) equal to (a) the aggregate amount of Total Revolving Extensions of Credit divided by (b) the Total Revolving Commitments.

Facility Utilization the outstanding principal balance of the Revolving Credit Loans and Swing Line Loans plus the L/C Amount.

Facility Utilization means, for any day, an amount (expressed as a percentage) equal to the quotient of (a) the aggregate principal amount of Tax-Exempt Revolving Loans outstanding as of such day divided by (b) the Available Commitment (without regard to any Tax-Exempt Revolving Loans outstanding) as of such day.

Examples of Facility Utilization in a sentence

• Students must obtain the approval of the department chairperson and possess an approved "After Hour Facility Utilization Slip".

• Credit Facility Utilization - actual provision by the Lender to the Borrower of monetary funds within the Credit Facility Utilization Period in accordance herewith and on terms and conditions provided for herein.

• Credit Facility Utilization Period - period during which the Borrower shall be entitled to use the Credit Facility line in accordance with clause 6.3 hereof.

• Facility’s request for External Peer Review for a dispute involving medical record audit results shall be mailed to: Manager, Facility Utilization Review Mail Code J105 Blue Cross Blue Shield of Michigan 000 X.

• Xxxxxxx, XX 00000-0000 For Conferences regarding utilization review audit results disputes: Manager, Facility Utilization Review Mail Code J105 Blue Cross Blue Shield of Michigan 000 X.

More Definitions of Facility Utilization

Facility Utilization means at any time the Effective Amount of Revolving Loans plus the Effective Amount of L/C Obligations as a percentage of the combined Commitments of the Banks, rounded to the nearest whole percentage point.

Facility Utilization means, for any calendar month, a fraction (expressed as a percentage) (a) the numerator of which is the daily weighted average outstanding Capital during such calendar month and (b) the denominator of which is the Purchase Limit at the beginning of such calendar month);

Facility Utilization means, as of any time of determination, the sum of (i) the Credit Support Amount at such time; (ii) billed but unpaid receivables, and unbilled receivables owed to EDF or if applicable to EDF at such time; (iii) the aggregate outstanding Deferred Supply Amounts at such time; (iv) the EDF Marked to Market Exposure at such time; (v) all other liabilities or amounts due and payable by ESCO to EDF at such time; and (vi) (a) TDSP, LDC, and similar utility, transmission or transportation entity charge amounts and deposits at such time, and (b) amounts owed to taxing authorities with respect to sales, local, gross receipts, “Public Utility Commission”, or other taxes at such time.

Facility Utilization means, for any day, the utilization of the combined Commitments for such day (or if such day is not a Business Day the immediately preceding Business Day) as calculated by the Agent after giving effect to any Borrowings which occur on such date. For purposes hereof, the combined Commitments shall be deemed utilized on any given day to the extent of the aggregate outstanding principal amount of the Committed Loans on such day.

Facility Utilization means the ratio of Total Utilization to Total Commitment, expressed as a percentage.

Facility Utilization means a percentage determined by dividing (i) the sum of (a) the aggregate outstanding principal amount of Notes then held by the Note Purchasers, (b) the aggregate face amount of outstanding Letters of Credit issued by the Issuing Lenders and (c) the aggregate outstanding principal amount of Notes held by Independent Investors by (ii) the Collateral Value of Eligible Inventory as shown on the most recently delivered Sales and Valuation Report.

Facility Utilization means, as of any date of determination, a percentage equal to (i) the Aggregate Capital on such day, divided by (ii) the Capital Coverage Amount as reported in the most recently delivered Monthly Report.