Total Unutilized Commitment definition

Total Unutilized Commitment means, at any time, an amount equal to the remainder of (i) the Total Commitment then in effect, less (ii) the sum of the aggregate principal amount of Revolving Loans and Swingline Loans outstanding plus the then aggregate amount of Letter of Credit Outstandings.
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Total Unutilized Commitment means, at any time, an amount equal to the remainder of (x) the Total Commitment as in effect at such time less (y) the Aggregate Exposure at such time.
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Total Unutilized Commitment means, at any time, the sum of the Unutilized Commitments of each of the Banks.
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Examples of Total Unutilized Commitment in a sentence

  • In the event more than one Applicable Commitment Fee Percentage or Total Unutilized Commitment amount is in effect during a Calendar Quarter, the Commitment Fee shall be determined by calculating a separate fee for each portion of such Calendar Quarter to which a different Applicable Commitment Fee Percentage or Total Unutilized Commitment amount applied and adding such separate fees together to determine the total Commitment Fee for such Calendar Quarter.

  • Pursuant to Section 3.02 of the Credit Agreement, the Borrower hereby terminates the Total Unutilized Commitment in whole, effective as of the Third Amendment Effective Date.

  • Such commitment fee shall accrue from and including the date hereof to but excluding the date of termination of the Commitment on the daily average Total Unutilized Commitment.

  • Notwithstanding the foregoing, a notice of termination or partial reduction of the Total Unutilized Commitment delivered by the Parent Borrower may be conditioned upon the effectiveness of one or more credit facilities, in which case such notice may be revoked by the Parent Borrower (by written notice to the Administrative Agent) on or prior to the specified effective date if such condition is not satisfied.

  • Interesting as these ‘raw wavelet’ decompositions may be, the main interest of the wavelet analysis from a sampling perspective has to do with the sample variance, which is the sampling surface variance from a simulation run of sampSurf.


More Definitions of Total Unutilized Commitment

Total Unutilized Commitment means at any time for the determination thereof, the Total Commitment less the aggregate outstanding principal amount of all Loans at such time.
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Total Unutilized Commitment means, at any time, the sum of the Unutilized Commitments of each Lender at such time.
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Total Unutilized Commitment means, at any time, (a) the Total Commitment at such time less (b) the aggregate principal amount of all Loans at such time.
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Total Unutilized Commitment means, at any time, the aggregate amount of the Commitment available to be borrowed by the Borrower pursuant to Section 2.01 at such time less the aggregate outstanding principal amount of all Loans (exclusive of any PIK Interest Amounts added to the principal balance of the Loans in accordance with Section 2.06(c)).
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Total Unutilized Commitment means, at any time, an amount equal to the remainder of(x) the Total Commitment in effect at such time less (y) the amount of all Loans outstanding at such time.
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Total Unutilized Commitment means the excess of (x) the Total Commitment over (y) the aggregate outstanding principal amount of all Revolving Loans and Competitive Bid Loans.
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Total Unutilized Commitment appearing in Section 11 of the Credit Agreement is hereby amended by deleting said definition in its entirety and inserting in lieu thereof the following text of a new definition:
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