Unfunded Exposure Shortfall definition

Unfunded Exposure Shortfall has the meaning set forth in Section 8.1(a).

Unfunded Exposure Shortfall means, on any date of determination, an amount equal to the greater of (x) 0 and (y) the aggregate Unfunded Exposure Amount minus the amounts on deposit in the Unfunded Exposure Account.

Unfunded Exposure Shortfall. The meaning specified in Section 2.9(e)(iii).

Examples of Unfunded Exposure Shortfall in a sentence

• After giving effect to such Advance, the Company shall cause the proceeds of such Advance and cash from other sources that are available in accordance with the terms of this Agreement in an amount equal to the aggregate Unfunded Exposure Shortfall to be deposited in the Unfunded Exposure Account and/or any applicable Non-USD Unfunded Obligation Account.

• After giving effect to such Advance, the Company shall cause the proceeds of such Advance and cash from other sources that are available in accordance with the terms of this Agreement in an amount equal to the aggregate Unfunded Exposure Shortfall to be deposited in the Unfunded Exposure Account.

• Each of the Lenders has paid its portion of the Unfunded Exposure Shortfall, if any, to the Collateral Agent in accordance with Section 2.2(c) of the Credit Agreement.

• On the Business Day prior to the last day of the Reinvestment Period, the Borrower shall be deemed, automatically and without further action, to have submitted to the Agent, each Lender Agent, the Collateral Administrator and the Collateral Agent a Loan Request requesting that a Loan be extended on the last day of the Reinvestment Period in an amount equal to the Unfunded Exposure Shortfall.

• Except in the case of a reduction of all Commitments and repayment in full of all Advances Outstanding on the Termination Date, the Borrower will not reduce the Commitments if, after giving effect to such reduction, it would result in (x) an Unfunded Exposure Shortfall or (y) the Facility Amount being less than $150,000,000.

More Definitions of Unfunded Exposure Shortfall

Unfunded Exposure Shortfall means, on any date of determination, an amount equal to the greater of (i) 0 and (ii) the aggregate Unfunded Exposure Amount for all Portfolio Investments minus the sum of (x) the amounts on deposit in the Unfunded Exposure Account and (y) 2.5% of the Collateral Principal Amount.

Unfunded Exposure Shortfall means, on any date of determination, an amount equal to the greater of (x) 0 and (y) the Unfunded Exposure Amount minus (a) amounts on deposit in the Unfunded Exposure Account and the CAD Unfunded Exposure Account and (b) 2.5% of the Collateral Principal Amount.

Unfunded Exposure Shortfall means, on any date of determination, an amount equal to the greater of (x) 0 and (y) the aggregate of the Unfunded Exposure Amounts for all Delayed Funding Term Loans and Revolving Loans minus the sum of (i) the amounts on deposit in the Unfunded Exposure Account (or the applicable Permitted Non-USD Currency Unfunded Exposure Account in respect of any such Unfunded Exposure Amount relating to a Portfolio Investment denominated in a Permitted Non-USD Currency) and (ii) 5% of the Collateral Principal Balance (without giving effect to clause (C) of the definition thereof).

Unfunded Exposure Shortfall. The meaning specified in Section 2.9(e)(iii). [Willow Tree BDC] Amended and Restated Loan, Security and Collateral Management Agreement #506694681

Unfunded Exposure Shortfall has the meaning set forth in Section 2.20(f).

Unfunded Exposure Shortfall has the meaning specified in Section 2.15(c). “United States” and “U.S.” mean the United States of America.

Unfunded Exposure Shortfall means, (A) on any date of determination from and including the Second Amendment Date to and including the date the Company makes payment in accordance with Section 4.03(d)(ii), an amount equal to the greater of (x) 0 and (y) the sum of (I) the aggregate of the Unfunded Exposure Amounts for all Delayed Funding Term Loans and Revolving Loans up to an aggregate Unfunded Exposure Amount of $27,242,055 multiplied by 0.39 plus (II) the aggregate of the Unfunded Exposure Amounts for all Delayed Funding Term Loans and Revolving Loans in excess of $27,242,055 minus (III) the amounts on deposit in the Unfunded Exposure Account (or the applicable Permitted Non-USD Currency Account in respect of any such Unfunded Exposure Amount relating to a Portfolio Investment denominated in a Permitted Non-USD Currency) other than amounts deposited in respect of Delayed Funding Term Loans or Revolving Loans that are Ineligible Investments and (B) on any date of determination thereafter, an amount equal to the greater of (x) 0 and (y) the aggregate of the Unfunded Exposure Amounts for all Delayed Funding Term Loans and Revolving Loans minus the sum of (i) the amounts on deposit in the Unfunded Exposure Account (or the applicable Permitted Non-USD Currency Account in respect of any such Unfunded Exposure Amount relating to a Portfolio Investment denominated in a Permitted Non-USD Currency) other than amounts deposited in respect of Delayed Funding Term Loans or Revolving Loans that are Ineligible Investments and (ii) 5% of the Collateral Principal Balance.