Remaining Commitment Amount definition

Remaining Commitment Amount has the meaning set forth in Section 3.2(b).

Remaining Commitment Amount means, as of the relevant time of determination with respect to each Class B Preferred Member, an amount equal to (a) its Commitment Amount, minus (b) the aggregate Capital Contributions made (and all unfunded Capital Contributions, if any, required to be made pursuant to previous capital calls) by such Class B Preferred Member prior to such time.

Remaining Commitment Amount means, at any time of determination, an amount equal to (i) the Commitment, less (ii) the product of (A) the Interest Period Commitment times (B) the number of Unpaid Advances that are Interest Advances.

Examples of Remaining Commitment Amount in a sentence

• Amounts for Each Drawdown: For each Commitment, no less than the Minimum Drawdown Amount and in integral multiples of a single unit of the relevant currency in excess thereof up to the Remaining Commitment Amount in the amount defined under “Drawdown Amount”.

• The Board shall amend the Schedule of Members attached hereto to reflect any Aggregate Upsized Commitment Amount of any Class B Preferred Member and the corresponding adjustment to such Class B Preferred Member’s Remaining Commitment Amount and the Commitment Ratios of all of the Class B Preferred Members.

• In no event shall any Class B Preferred Member be required to make any Capital Contribution in excess of such Class B Preferred Member’s Remaining Commitment Amount.

• Subject to the express terms and conditions hereof, at the Closing, Transferor shall contribute, convey, assign, transfer, and deliver the Contributed Interests (or cause the Contributed Interests to be contributed, conveyed, assigned, transferred, and delivered) to Transferee and Transferee shall acquire and accept the Contributed Interests, in exchange for 104,000,000 Class B Units issued to Enviva Member, in full or partial satisfaction (as applicable) of Enviva Member’s Remaining Commitment Amount.

• Aggregate Drawdown Request Amount: The amount of the drawdown request from the Investment Manager in a Portfolio Change Proposal, which shall be no less than the sum, for each Commitment, of the Minimum Drawdown Amount, and shall be no greater than the sum, for each Commitment, of the Remaining Commitment Amount.

• All Capital Contributions required to be made by the Initial Members upon a Capital Call pursuant to Section 6.2 hereof shall be allocated in proportion to each Initial Member’s Remaining Commitment Amount.

• Revolving Credit Commitment Applicable Commitment Percentage of Revolving Credit Commitment 60.0% Remaining Commitment Amount $15,000,000.00 B.

• Laredo has agreed to assign to Assignee a portion of its Subscription Rights and Remaining Commitment Amount under the Operating Agreement.

• Prior to the date hereof, Assignee has paid the Company an aggregate amount equal to $356,243.00 (the “Sparks Initial Contribution Amount”) and Assignee shall be deemed to have made a Capital Contribution in an amount equal to the Sparks Initial Contribution Amount as of the Effective Date, and following such deemed Capital Contribution, Assignee’s Remaining Commitment Amount shall be $0.

• This section includes instructions for scheduling and submitting submittals as required herein, by drawing notes, or in the various sections of the specifications.

More Definitions of Remaining Commitment Amount

Remaining Commitment Amount means, as to any Class A Member on any --------------------------- date of determination, the Capital Commitment of such Class A Member minus the ----- total Capital Contributions previously contributed to the Company by such Class A Member. Whenever this Agreement requires the computation of a Class A Member's Remaining Commitment Amount in order to allocate such Class A Member's obligations to make Additional Capital Contributions, such computation shall be made immediately prior to the date on which such Capital Contributions are finally determined and called by the Board.

Remaining Commitment Amount means, as to any Member on any date of determination, the Capital Commitment of such Member minus the total Capital Contributions previously contributed to the Network by such Member. Whenever this Agreement requires the computation of a Member’s Remaining Commitment Amount in order to allocate such Member’s obligations to make Capital Contributions, such computation shall be made immediately prior to the date on which such Capital Contributions are finally determined and called by the Board.

Remaining Commitment Amount means, at the time of determination, with respect to each Member, its Commitment Amount less all Capital Contributions made (and all unfunded Capital Contributions, if any, required to be made pursuant to previous capital calls) by such Member prior to such time.

Remaining Commitment Amount means, subject to the terms and conditions of Section 2.01, an amount equal to $69,700,000 minus the Total Outstanding as of the determination date.

Remaining Commitment Amount shall have the meanings set forth in Clause 2.2 of this Agreement.

Remaining Commitment Amount with respect to any Primary Liquidity Facility, has the meaning assigned to such term in such Primary Liquidity Facility.