Unfunded Commitment definition

Unfunded Commitment means, with respect to each Lender, the Revolving Commitment of such Lender less its Revolving Exposure.
Unfunded Commitment means, with respect to any Investor at any time, the Capital Commitment of such Investor, minus the aggregate Capital Contributions made, or deemed made under the Operating Agreement to Borrower by such Investor, plus Returned Capital attributed to such Investor, but “Unfunded Commitment” shall not include that portion of an Investor’s Capital Commitment that is, at such time, subject to a Pending Capital Call.
Unfunded Commitment means, with respect to each Lender, the aggregate Commitments of such Lender less its Revolving Exposure.

Examples of Unfunded Commitment in a sentence

  • The effective date on which an Investor’s Unfunded Commitment increases by Returned Capital for purposes of this Credit Agreement shall be the date on which the applicable Loan Party has delivered to the Lenders duly completed copies of the items required by this Section 9.18.


More Definitions of Unfunded Commitment

Unfunded Commitment means, with respect to each Lender, the Revolving Commitment of such Lender less its Revolving Exposure; provided, that, as to any Lender, clause (a) of the definition ofSwingline Exposure” shall only be applicable in calculating a Lender’s Revolving Exposure to the extent such Lender shall have funded its respective participations in the outstanding Swingline Loans.
Unfunded Commitment. As defined in Section 3.2(a).
Unfunded Commitment means, with respect to any Transferred Interest, any unfunded obligations of Assignor or the Owner Trustee to make loans, advances or extensions of credit or to defer or extend the time for payment of rent obligations for the purpose of funding or otherwise financing modifications to the Aircraft to which such Transferred Interest relates or the acquisition of equipment.
Unfunded Commitment means, with respect to each Bank, the Revolving Commitment of such Bank less its Revolving Credit Exposure.
Unfunded Commitment means, with respect to each Revolving Lender, the Revolving Commitment of such Revolving Lender less its Revolving Credit Exposure; provided that, as to any Revolving Lender, clause (a) of the definition ofSwingline Exposure” shall only be applicable in calculating a Revolving Lender’s Revolving Credit Exposure to the extent such Lender shall have funded its respective participations in the outstanding Swingline Loans.
Unfunded Commitment means the commitment of Seller to fund additional advances under any Loan, or under any new unfunded Loan commitment on and after the Closing Date.
Unfunded Commitment means, as to any Member and as of any date, the excess of such Member’s Capital Commitment over such Member’s Capital Contribution as of such date.