Required Funding Amount definition

Required Funding Amount. If (i) (A) no Event of Default has occurred and is continuing, and (B) the Revolving Period End Date has not occurred, in each case as of the date of determination and after giving effect to any withdrawal from the Unfunded Exposure Account on such date of determination, the Unfunded Exposure Equity Amount, and (ii) (A) an Event of Default has occurred and continuing, or (B) the Revolving Period End Date has occurred, in either case as of the date of determination and after giving effect to any withdrawal from the Unfunded Exposure Account on such date of determination, the Unfunded Exposure Amount.
Required Funding Amount means the aggregate of the amounts described in the following subparagraphs (a) and (b) of this Section 1.23:
Required Funding Amount means, as of the date of determination and after giving effect to any withdrawal from the Unfunded Exposure Account on such date of determination, the Aggregate Unfunded Exposure Amount.

Examples of Required Funding Amount in a sentence

  • The Borrower shall not acquire any Delayed Draw Loan or Revolving Loan unless, in each case, immediately after giving effect to such acquisition or issuance, the Borrower shall deposit an amount equal to the Required Funding Amount with respect to such Delayed Draw Loan or Revolving Loan, as applicable, into the Unfunded Exposure Account.


More Definitions of Required Funding Amount

Required Funding Amount has the meaning set forth in Section 5.7.
Required Funding Amount shall have the meaning set forth in Section 9.2.
Required Funding Amount. The excess (if any) of (i) the Aggregate Unfunded Exposure Amount on such date over (ii) the sum of all amounts on deposit in the Reserve Account on such date.
Required Funding Amount has the meaning set forth in Clause 3.6.
Required Funding Amount has the meaning set out in Section 2.3(1).
Required Funding Amount means, for each Delayed Funding Loan Asset, if (i) (A) no Event of Default has occurred and is continuing, and (B) the Revolving Period is in effect, in each case as of the date of determination and after giving effect to any withdrawal from the Unfunded Exposure Account on such date of determination, the Unfunded Exposure Equity Amount, and (ii) (A) an Event of Default has occurred and is continuing, or (B) the Revolving Period has terminated, in either case as of the date of determination and after giving effect to any withdrawal from the Unfunded Exposure Account on such date of determination, the Exposure Amount.
Required Funding Amount as of a given date means the present value of the aggregate maximum amount of all Required Payments that could become due under the Agreements, as determined by the Consulting Firm as of such date, taking into account any Required Payments that have previously been made and using the assumptions set forth on Exhibit B hereto. The Company may amend Exhibit B hereto at any time and from time to time before a Change of Control. After a Change of Control, Exhibit B may be amended only with the consent of the Consulting Firm and the Trustee.