Funding Commitment Percentage definition

Funding Commitment Percentage as at any date of determination (after giving effect to the making and payment of any Loans made on such date pursuant to subsection 2.16), with respect to any Lender, that percentage which the Available Revolving Credit Commitment of such Lender then constitutes of the Aggregate Available Revolving Credit Commitments.
Funding Commitment Percentage as at any date of determination (after giving effect to the making and payment of any Loans made on such date pursuant to subsection 2.1(c)), with respect to any U.S. Lender, that percentage which the Available U.S. Commitment of such U.S. Lender then constitutes of the Aggregate Available U.S. Commitments.
Funding Commitment Percentage as at any date of determination, with respect to any Lender, that percentage which the Available Revolving Credit Commitment of such Lender then constitutes of the Aggregate Available Revolving Credit Commitments.

Examples of Funding Commitment Percentage in a sentence

  • Prior to 11:00 A.M., New York City time, on the Borrowing Date requested by the Borrower, each Lender will make an amount equal to its Funding Commitment Percentage of the principal amount of the Revolving Credit Loans requested to be made on such Borrowing Date available to the Administrative Agent for the account of the Borrower at the New York office of the Administrative Agent specified in subsection 13.2 in funds immediately available to the Administrative Agent.

  • Each Lender will make an amount equal to its Funding Commitment Percentage of the principal amount of each Borrowing available to the Administrative Agent for the account of the Borrower at the office of the Administrative Agent specified in subsection 9.2 prior to 11:00 a.m., New York City time, on the borrowing date requested by the Borrower in funds immediately available to the Administrative Agent.

  • Not later than 12:00 Noon, New York City time, on each requested Borrowing Date each U.S. Revolving Lender shall make an amount equal to its U.S. Dollar Funding Commitment Percentage of the principal amount of the U.S. Revolving Credit Loans requested to be made on such Borrowing Date available to the General Administrative Agent at its office specified in subsection 17.2 in U.S. Dollars and in immediately available funds.

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  • Prior to 11:00 A.M., New York City time, on the Borrowing Date requested by the Borrower, each Revolving Lender will make an amount equal to its Funding Commitment Percentage of the principal amount of the Revolving Credit Loans requested to be made on such Borrowing Date available to the Administrative Agent for the account of the Borrower at the office of the Administrative Agent specified in subsection 13.2 in funds immediately available to the Administrative Agent.

  • Subject to Section 2 of this Annex, each Lender agrees to make a Revolving Credit Loan to the Borrower on the Effective Date in an amount equal to its Funding Commitment Percentage of the aggregate principal amount of the Existing Revolving Credit Loans.

  • Upon receipt of an Additional Advance Notice conforming with the terms of this Section 14, the Administrative Agent shall promptly notify each Lender thereof and of the amount of such Lender's IPO Closing Date Commitment Percentage or Deferred Funding Commitment Percentage (as applicable) of the Loan described therein.

  • Each Lender agrees to make a Revolving Credit Loan to the U.S. Borrower on the Effective Date in an amount equal to its Funding Commitment Percentage of the aggregate principal amount of the Existing Revolving Credit Loans and the Existing Swing Line Loans.

  • Each Lender will make an amount equal to its Funding Commitment Percentage of the principal amount of each Borrowing available to the Administrative Agent for the account of the Borrower at the office of the Administrative Agent specified in subsection 10.2 prior to 11:00 a.m., New York City time, on the borrowing date requested by the Borrower in funds immediately available to the Administrative Agent.

  • Each U.S. Lender agrees to make a U.S. Revolving Credit Loan to the U.S. Borrower on the Effective Date in an amount equal to its Funding Commitment Percentage (determined after giving effect to the actions to be taken on the Effective Date pursuant to, and the provisions of, Parts B and C of this Annex A) of the aggregate principal amount of the Existing U.S. Revolving Credit Loans and the Existing Swing Line Loans.


More Definitions of Funding Commitment Percentage

Funding Commitment Percentage as at any date of determination, with respect to any Lender, that percentage which the Available Commitment of such Lender then constitutes of the Aggregate Available Commitments.
Funding Commitment Percentage means, as to any Lender at any time, the percentage equivalent of such Lender's Deferred Funding Commitment divided by the Deferred Funding Commitments of all Lenders at such time.
Funding Commitment Percentage as at any date of determination, with respect to any Lender, that percentage equal to (a) the amount of such Lender's Commitment then in effect on such date minus such Lender's Aggregate Outstandings on such date, divided by (b) the amount of all Lenders' Commitments then in effect on such date minus all Lenders' Total Outstandings on such date.

Related to Funding Commitment Percentage

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.