Uncommitted Line Portion definition

Uncommitted Line Portion means for each Bank the portion of each of the Line limits assigned to such Bank as set forth on Schedule 2.01.
Sample 1Sample 2Sample 3
Uncommitted Line Portion means for each Bank the Portion of each of the Uncommitted Line limits assigned to such Bank as set forth on Schedule 2.01.
Sample 1Sample 2Sample 3
Uncommitted Line Portion means for each Bank the Portion of each of the Uncommitted Line limits assigned to such Bank as set forth on Schedule 2.01. “Undelivered Product Value” means the lesser of the (a) cost or (b) current market value of Product purchased by the Borrower under the Letters of Credit
Sample 1

Examples of Uncommitted Line Portion in a sentence

  • For purposes of Section 2.01, each Issuance of a Letter of Credit shall be deemed to utilize the Uncommitted Line Portion of each Bank (or Approving Bank, as the case may be) by an amount equal to the amount of such participation.

  • As of the Effective Date (defined below), UFJ shall become a party to the Credit Agreement as a Bank, shall acquire all of the rights, powers and obligations of a Bank under the Credit Agreement, and shall have an Uncommitted Line Portion equal to $10,000,000.

  • For purposes of Section 2.01, each Issuance of a Letter of Credit shall be deemed to utilize the Uncommitted Line Portion of each Bank by an amount equal to the amount of such participation.

  • As of the Effective Date (defined below), Brown Brothers shall become a party to the Credit Agreement as a Bank, xxxll acquire all of the rights, powers and obligations of a Bank under the Credit Agreement, and shall have an Uncommitted Line Portion equal to $10,000,000.

  • For purposes of Section 2.01, each Issuance of a Letter of Credit shall be deemed to utilize the Uncommitted Line Portion of each Lender (or Approving Lender, as the case may be) by an amount equal to the amount of such participation.

  • As of the Effective Date (defined below), UFJ Bank Limited, New York Branch ("UFJ") shall become a party to the Credit Agreement as a Bank, shall acquire all of the rights, powers and obligations of a Bank under the Credit Agreement, and shall have an Uncommitted Line Portion equal to $10,000,000.


More Definitions of Uncommitted Line Portion

Uncommitted Line Portion means for each Lender the portion of each of the Uncommitted Line limits assigned to such Lender as set forth on Schedule 2.01.
Sample 1

Related to Uncommitted Line Portion

  • Uncommitted Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Available Unused Commitment means, with respect to a Revolving Facility Lender under any Class of Revolving Facility Commitments at any time, an amount equal to the amount by which (a) the applicable Revolving Facility Commitment of such Revolving Facility Lender at such time exceeds (b) the applicable Revolving Facility Credit Exposure of such Revolving Facility Lender at such time.

  • LOC Committed Amount shall have the meaning set forth in Section 2.3(a).

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.

  • Swing Line Facility means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • Maximum Revolving Advance Amount means $35,000,000.

  • Adjusted Total Revolving Credit Commitment means at any time the Total Revolving Credit Commitment less the aggregate Revolving Credit Commitments of all Defaulting Lenders.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.