Uncommitted Line Amount definition
Examples of Uncommitted Line Amount in a sentence
The amount set forth in 5(c)(iv) above does not exceed the Uncommitted Line Amount, and the aggregate principal amount of Loans outstanding to all Borrowers on behalf of all Funds under the Agreement (after giving effect to the amount of any requested Loan) does not exceed the Uncommitted Line Amount.
The amount set forth in 5(c)(iv) above does not exceed the Uncommitted Line Amount, and the aggregate principal amount of Loans outstanding to the Borrower, on behalf of all Funds under the Agreement (after giving effect to the amount of any requested Loan) does not exceed the Uncommitted Line Amount.
The Borrower covenants and agrees to immediately repay any amount by which (i) the then outstanding aggregate principal amount of the Loans to any one Fund exceeds the Maximum Facility Amount applicable to such Fund or (ii) the then outstanding aggregate principal amount of all Loans to all Funds hereunder exceeds the Uncommitted Line Amount, upon the earlier to occur of the Borrower first becoming aware of any such excess or demand by the Bank.
As a further condition to the effectiveness of this letter agreement, the Borrowers shall pay to the Bank a non-refundable fee of 0.04% of the Uncommitted Line Amount for renewing the Uncommitted Line, which fee shall be fully earned by the Bank upon the date of this letter agreement.
Notwithstanding the foregoing, at no time shall the aggregate outstanding amount of all Loans to all Funds hereunder exceed $100,000,000 (the "Uncommitted Line Amount").