Required Utilization definition
Required Utilization means from and including the date 90 days after the Effective Date to and including the last day of the Revolving Period, 75%.
Required Utilization has the meaning set forth in Section 3.5.
Required Utilization means (i) from and including the Effective Date to but excluding the date 90 days thereafter, 25% and (ii) from and including the date 90 days after the Effective Date to and including the last day of the Revolving Period, 75%.
More Definitions of Required Utilization
Required Utilization means (i) from and including the Effective Date to but excluding the date 90 days thereafter, 25% and
Required Utilization means from and including the date 90 days after the Effective Date to and including the last day of the Revolving Period, 75%. “Utilization” means an amount (expressed as a percentage) equal to (i) the aggregate principal amount of outstanding Advances divided by (ii) the aggregate
Required Utilization has the same meaning as the term “Utilization Fee Rate” as set forth in the Fee Letters (other than the Agent Fee Letter).