MWA Minimum Usage Amount definition
MWA Minimum Usage Amount means, an amount equal to (A) for the period from the Closing Date until the date that is twelve (12) months after the Closing Date, 0% of the Maximum Facility Amount as of such date, and (B) thereafter, 70% of the Maximum Facility Amount as of such date; provided that if the Borrower increases the Maximum Facility Amount in accordance with Section 2.15, upon such increase, (x) for the period from the applicable Incremental Commitment Effective Date until the date that is twelve (12) months after such Incremental Commitment Effective Date, 40% of the Maximum Facility Amount attributable to such increase shall be included in the MWA Minimum Usage Amount and (y) thereafter, 70% of the Maximum Facility Amount attributable to such increase shall be included in the MWA Minimum Usage Amount.
MWA Minimum Usage Amount means, an amount equal to 60% of the Maximum Facility Amount; provided that if the Borrower increases the Maximum Facility Amount in accordance with Section 2.15, upon such increase, (x) for the period from the applicable Incremental Commitment Effective Date until the date that is 12 months after such Incremental Commitment Effective Date, only 40% of the Maximum Facility Amount attributable to such increase shall be included in the MWA Minimum Usage Amount and (y) thereafter, 60% of the Maximum Facility Amount attributable to such increase shall be included in the MWA Minimum Usage Amount.
MWA Minimum Usage Amount means, an amount equal to (A) for the period from the Closing Date until the date that is twelve (12) months after the Closing Date, 0% of the Maximum Facility Amount as of such date, and (B) thereafter, 70% of the Maximum Facility Amount as of such date; provided that if the Borrower increases the Maximum Facility Amount in accordance with Section 2.15, upon such increase, (x) for the period from the applicable Incremental Commitment Effective Date until the date that is twelve (12) months after such Incremental Commitment Effective Date, 40% of the Maximum Facility Amount attributable to such increase shall be included in the MWA Minimum Usage Amount and (y) thereafter, 70% of the Maximum Facility Amount attributable to such increase shall be included in the MWA Minimum Usage Amount. "MWA Percentage" means, with respect to any permanent reduction of the Commitments, the ratio (expressed as a percentage) of (i) the difference of (x) the MWA Minimum Usage Amount
More Definitions of MWA Minimum Usage Amount
MWA Minimum Usage Amount means, an amount equal to (A) for the period from (i) the Sixth Amendment Effective Date up to but excluding the date that is 3 months after the Sixth Amendment Effective Date, 10% of the Maximum Facility Amount, (ii) the date that is 3 months after the Sixth Amendment Effective Date up to but excluding the date that is 6 months after the Sixth Amendment Effective Date, 25% of the Maximum Facility Amount, (iii) the date that is 6 months after the Sixth Amendment Effective Date up to but excluding the date that is 9 months after the Sixth Amendment Effective Date, 30% of the Maximum Facility Amount, (iv) the date that is 9 months after the Sixth Amendment Effective Date up to but excluding the date is 12 months after the Sixth Amendment Effective Date, 40% of the Maximum Facility Amount and (v) the date that is 12 months after the Sixth Amendment Effective Date up to and including the date that is the last day of the Revolving Period, 60% of the Maximum Facility Amount; provided that if the Borrower increases the Maximum Facility Amount in accordance with Section 2.15, upon such increase, (x) for the period from the applicable Incremental Commitment Effective Date until the date that is 12 months after such Incremental Commitment Effective Date, only 40% of the Maximum Facility Amount attributable to such increase shall be included in the MWA Minimum Usage Amount and (y) thereafter, 60% of the Maximum Facility Amount attributable to such increase shall be included in the MWA Minimum Usage Amount.