Revolving Commitment Utilization Percentage definition

Revolving Commitment Utilization Percentage means, on any date, the percentage equal to a fraction (a) the numerator of which is the total Revolving Credit Exposures and (b) the denominator of which is the total Revolving Commitments.
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Revolving Commitment Utilization Percentage on any date, the percentage equal to a fraction (a) the numerator of which is the Total Revolving Extensions of Credit and (b) the denominator of which is the Total Revolving Commitments; provided that in calculating the Total Revolving Extensions of Credit for purposes of Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.
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Revolving Commitment Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the total Revolving Credit Exposures of the Lenders on such day, and the denominator of which is the Total Revolving Commitments on such day.
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Examples of Revolving Commitment Utilization Percentage in a sentence

  • Revolving Commitment Utilization Percentage < 25% > 25% < 50% > 50% < 75% > 75% < 90% > 90% Term Benchmark Revolving Loans and RFR Revolving Loans 1.750% 2.000% 2.250% 2.500% 2.750% ABR Revolving Loans 0.750% 1.000% 1.250% 1.500% 1.750% Commitment FeeRate 0.375% 0.375% 0.500% 0.500% 0.500% (ii) any Term Loan, the rate per annum as set forth in the applicable Term Loan Amendment.

  • When GMBL has been chosen to host a tournament, the committee will have additional responsibilities.


More Definitions of Revolving Commitment Utilization Percentage

Revolving Commitment Utilization Percentage means, on any date for any Revolving Tranche, the percentage equal to a fraction (a) the numerator of which is the total Revolving Credit Exposures for such Revolving Tranche and (b) the denominator of which is the total Revolving Commitments of such Revolving Tranche; provided that in calculating the total Revolving Credit Exposures for purposes of Section 2.12(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.
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Related to Revolving Commitment Utilization Percentage

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Aggregate Revolving Commitment means, at any time, the aggregate amount of the Revolving Commitments of all the Revolving Lenders, as may be adjusted from time to time pursuant to the terms hereof. The Aggregate Revolving Commitment as of the Effective Date is Five Hundred Million and 00/100 Dollars ($500,000,000).

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Aggregate Revolving Commitments means, collectively, all Revolving Commitments of all Lenders at any time outstanding.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.