Unused Portion definition
Unused Portion has the meaning assigned to that term in Section 2.09.
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.
Unused Portion has the meaning set forth in Section 3.4.
Examples of Unused Portion in a sentence
Calculations hereunder relating to the Available Commitment shall always be calculated in Dollars by converting that portion of the Eurocurrency Rate Loans, RFR Loans, Letter of Credit Liability, or Unused Portion attributable to, or made in, an Alternative Currency into its Dollar Equivalent.
More Definitions of Unused Portion
Unused Portion means the Commitment, less Total Outstandings as to the Commitment.
Unused Portion is defined in Section 2.11.
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).
Unused Portion. Defined in Section 2.13(a).
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 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, 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.