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, 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.
Required Funding Amount has the meaning set forth in Section 5.7.
Examples of Required Funding Amount in a sentence
The Borrower shall not acquire any Delayed Draw Loan Asset or Revolving Loan Asset 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 Asset or Revolving Loan Asset, as applicable, into the Unfunded Exposure Account.
More Definitions of Required Funding Amount
Required Funding Amount means the aggregate of the amounts described in the following subparagraphs (a) and (b) of this Section 1.22:
(a) an amount sufficient to provide all benefits accrued for each Plan Participant (and any beneficiaries) under the Plans (including any interest or earnings due on such accrual) through the date of the contribution, to the extent not previously contributed; and
(b) the Legal Defense Fund Amount.
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 out in Section 2.3(1).
Required Funding Amount has the meaning set forth in Clause 3.6.
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 means the aggregate of the amounts described in the following subparagraphs (a) and (b) of this Section 1.19:
(a) except as otherwise provided in Schedule 2.1 hereof, an amount sufficient to provide all benefits accrued for each Plan Participant (and any beneficiaries) under the Plans (including any interest or earnings due on such accrual) through the date of the contribution, to the extent not previously contributed; and
(b) an amount sufficient to pay all fees and expenses of administering and enforcing the Trust Agreement and the Plans that are or thereafter may become due, according to the respective terms and provisions of such Plans as of the date of reference.