Unused Portion definition

Unused Portion has the meaning assigned to that term in Section 2.09(a).
Unused Portion has the meaning set forth in Section 3.4.
Unused Portion means an amount equal to the result of (a) the sum of (i) -------------- the Facility A Commitment plus (ii) the Facility B Commitment minus (b) the sum of (i) the outstanding Facility A Advances plus (ii) the outstanding Facility B Advances plus (iii) the outstanding Reimbursement Obligations in respect of the Letters of Credit.

Examples of Unused Portion in a sentence

  • Employees who retire from the City of San Xxxxxx within 120 days of leaving City employment (excludes deferred retirements) shall receive employment service credit for retirement purposes only for all hours of accrued, unused sick leave (exclusive of any sick leave hours they are eligible to receive and they elect to receive in compensation for at the time of retirement pursuant to Section 5.1.6 Compensation for Unused Portion (Sick Leave Payoff).

  • In the event that this Agreement is terminated for any reason (other than based on a material breach or default of NK in accordance with Section 6.2 above), the Unused Portion of the license fee paid to Aspect by NK under Section 2.1(c) of this Agreement shall be refunded to NK by Aspect.

  • Upon such termination, Aspect shall refund to NK the Unused Portion of the license fee described in Section 2.1(c) above, according to Section 6.6 below.

  • The final fee payment shall be due on the Maturity Date for any period then ending for which the Unused Portion Fee shall not have been theretofore paid.

  • In the event the Revolving Commitment terminates on any date prior to the end of any such quarterly period, Borrower shall pay to Banks, on the date of such termination, the prorated portion of the total Unused Portion Fee due for such of the period in which such termination occurs.


More Definitions of Unused Portion

Unused Portion is defined in Section 2.11.
Unused Portion means the Commitment, less Total Outstandings as to the Commitment.
Unused Portion means, with respect to any Lender during any period of determination, the unused amount of the aggregate Commitments of such Lender during such period.
Unused Portion. Defined in Section 2.13(a).
Unused Portion means at any time with respect to the Revolving Loans, the amount by which the Total Revolving Loan Commitment in effect at such time exceeds the sum of (i) the aggregate principal amount of the Revolving Loans outstanding at such time and (ii) the aggregate amount of L/C Obligations outstanding at such time.
Unused Portion means so much of the purchased land as is, on the day that the Public Trustee Amendment Act 1982 comes into operation 1, not used for the purposes referred to in section 40(2a). (2) In addition to the powers conferred on the Public Trustee by section 40(2a) with respect to the unused portion the Public Trustee may lease the unused portion to any person approved of by the Minister on such terms and conditions as the Minister approves. [Section 40A inserted by No. 19 of 1982 s. 2.] 41. Temporary advances to Public Trustee
Unused Portion means, as of 5:00 P.M. (New York City time) on any day, the amount, if any, by which the amount of Aggregate Outstandings on such day is less than the Aggregate Commitment Amount on such day.