Unfunded Capital Commitment definition

Unfunded Capital Commitment means, with respect to any Investor at any time, such Investor’s Uncalled Capital Commitment to the applicable Borrower minus any portion thereof subject to a Pending Capital Call, the proceeds of which are intended to be applied to purposes other than payment of the Obligations.

Unfunded Capital Commitment means, with respect to any Investor at any time, such Investor’s Uncalled Capital Commitment minus any portion of such Investor’s Uncalled Capital Commitment that is subject to a Pending Capital Call.

Unfunded Capital Commitment means, with respect to a Subscriber, the amount of such Subscriber’s Capital Commitment as of any date reduced by the aggregate amount of purchases made by that Subscriber at all previous Drawdown Dates pursuant to Section 4.1.

Examples of Unfunded Capital Commitment in a sentence

• As of the Closing Date, (i) the aggregate amount of the Investor Capital Commitments of all Investors (including PWM Investors) is set forth on Exhibit A hereto and (ii) the aggregate Unfunded Capital Commitment of all Investors (including PWM Investors) that could be subject to an Investor Capital Call is set forth on Exhibit A hereto.

• As of the date hereof, the aggregate amount of the Capital Commitments of each Investor is set forth on Exhibit A; and the aggregate Unfunded Capital Commitment that could be subject to a Capital Call is set forth on Exhibit A.

• No Investor shall have any personal liability under this Credit Agreement or the other Loan Documents; provided that the foregoing shall not limit the obligations of such Investor under the Guarantor’s Governing Documents or its Subscription Agreement to make Investor Capital Contributions with respect to its Unfunded Capital Commitment.

• Without the prior written consent of the Administrative Agent and all Lenders, the Primary Borrower or the Guarantor shall not reinvest Portfolio Investment proceeds which are distributable to Investors if such reinvestment would reduce the Unfunded Capital Commitment of one or more Investors and cause the Principal Obligations to exceed the Available Commitment unless, prior to such reinvestment, the applicable Borrowers shall make any prepayment required under Section 2.1(e).

• The Subscriber and the Company agree and acknowledge that any distributions received by the Subscriber or reinvested by the Company on the Subscriber’s behalf shall have no effect on the amount of the Subscriber’s Unfunded Capital Commitment.

More Definitions of Unfunded Capital Commitment

Unfunded Capital Commitment has the meaning set forth in the Purchase Agreement.

Unfunded Capital Commitment means, with respect to a Fund Limited Partner as of any date, such Fund Limited Partner’s Fund Capital Commitment, less the aggregate amount of such Fund Limited Partner’s capital contributions to the Participating Partnership in which such Fund Limited Partner is a partner as of such date.

Unfunded Capital Commitment means, with respect to each Partner, such Partner's Capital Commitment reduced by the cumulative Capital Contributions by such Partner (provided that the cumulative Capital Contribution amount may be adjusted as set forth in Section 4.3) during the Commitment Period. For purposes of clarity, a Partner's Unfunded Capital Commitment will never exceed such Partner's Capital Commitment.

Unfunded Capital Commitment means the portion of a Member’s Capital Commitment that has not been drawn down pursuant to one or more Contribution Notices, as such amount may be adjusted pursuant to this Agreement.

Unfunded Capital Commitment means, with respect to any Investor, such Investor’s “Available Commitment” (as defined in the applicable Partnership Agreement, including, for the avoidance of doubt, but without duplication, Investor Returned Capital of such Investor).

Unfunded Capital Commitment means, with respect to a Subscriber, the amount of such Subscriber’s Capital Commitment as of any date reduced by the aggregate amount of contributions made by that Subscriber at all previous Capital Drawdown Dates and all Catch-Up Dates pursuant to Section 4.1 and Section 4.2, respectively.

Unfunded Capital Commitment means, with respect to the Capital Member as of any date of determination, the Capital Member’s Capital Commitment as of such date less the aggregate amount of all Capital Contributions made by the Capital Member as of such date; provided, however, that, at such time as the Capital Member has made all of the Capital Contributions it is obligated to make hereunder, its Unfunded Capital Commitment shall thereafter be zero.