Unused Revolving Committed Amount definition

Unused Revolving Committed Amount means, for any period, the amount by which (a) the then applicable Revolving Committed Amount exceeds (b) the daily average sum for such period of (i) the outstanding aggregate principal amount of all Revolving Loans plus (ii) the outstanding aggregate principal amount of all LOC Obligations.

Unused Revolving Committed Amount means, for any period, the amount by which (a) the then applicable Revolving Committed Amount (other than any portion of the Revolving Committed Amount attributable to a Lender that was a Defaulting Lender during such period) exceeds (b) the daily average sum for such period of (i) the outstanding aggregate principal amount of all Revolving Loans (but not including any Swingline Loans) PLUS (ii) the outstanding aggregate principal amount of all LOC Obligations.

Unused Revolving Committed Amount means, the amount, as calculated on a daily basis, by which (i) the Revolving Committed Amount exceeds (ii) the Total Outstandings.

Examples of Unused Revolving Committed Amount in a sentence

• The Lead Borrower shall pay to the Administrative Agent for the account of each Revolving Lender (other than a Defaulting Lender) a fee (the “Commitment Fee”) on such Lender’s Revolving Commitment Percentage of the actual daily Unused Revolving Committed Amount, computed at a per annum rate equal to the Applicable Commitment Fee Percentage.

• The Borrower shall pay to the Administrative Agent for the account of each Revolving Lender (other than a Defaulting Lender) a fee (the “Commitment Fee”) on such Lender’s Revolving Commitment Percentage of the daily Unused Revolving Committed Amount, computed at a per annum rate equal to the Applicable Commitment Fee Percentage.

• The Borrower shall pay to the Administrative Agent for the account of each Revolving Lender (other than a Defaulting Lender) a fee (the “Commitment Fee”) on such Lender’s Revolving Commitment Percentage of the daily Unused Revolving Committed Amount, computed at a per annum rate equal to the Commitment Fee Percentage.

• In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower promises to pay to the Agent for the account of each Lender a fee (the "Unused Fee") on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time.

• The Company shall pay to the Administrative Agent for the account of each Revolving Lender a fee (the "REVOLVING COMMITMENT FEE") on such Lender's Revolving Commitment Percentage of the daily Unused Revolving Committed Amount, computed at a per annum rate for each day at a rate equal to the then applicable rate per annum set forth under the caption "Applicable Margin for Revolving Commitment Fees" in the table in the definition of "Applicable Margin" in SECTION 1.01.

More Definitions of Unused Revolving Committed Amount

Unused Revolving Committed Amount means, for any given Unused Fee Calculation Period, the average amount (if any), as calculated on a daily basis, by which the $5,000,000.00 Commitment exceeds the sum of the aggregate outstanding principal amount of the Loan. The Unused Fee shall commence to accrue on the date of this Agreement and shall be due and payable in arrears on the 15th day of each April, July, October and January for the immediately preceding calendar quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "Unused Fee Calculation Period"), beginning with the first of such dates to occur after the date of this Agreement.

Unused Revolving Committed Amount means, for any given Unused Fee Calculation Period, the average amount (if any), as calculated on a daily basis, by which the Aggregate Revolving Commitments exceed the Total Oustandings.

Unused Revolving Committed Amount means, for any period, (i) at all times prior to the first to occur of a Commitment Increase Event and the Ralsxxx Xxxorts Disposition, the amount by which (A) the sum of (1) the then applicable Revolving Committed Amount plus (2) $140,000,000 exceeds (B) the daily average sum for such period of (1) the outstanding aggregate principal amount of all Loans other than Swingline Loans and Competitive Loans and (2) 50% of the outstanding aggregate principal amount of all Swingline Loans and (ii) at all times thereafter, the amount by which (A) the then applicable Revolving Committed Amount exceeds (B) the daily average sum for such period of (1) the outstanding aggregate principal amount of all Loans other than Swingline Loans and Competitive Loans and (2) 50% of the outstanding aggregate principal amount of all Swingline Loans.

Unused Revolving Committed Amount means, for any period, (i) at all times prior to the first to occur of a Commitment Increase Event and the Ralsxxx Xxxorts Disposition, the amount by which (A) the sum of (1) the then applicable Revolving Committed Amount plus (2) $140,000,000 exceeds (B) the daily average sum for such period of (1) the outstanding aggregate principal amount of all Loans other than Swingline Loans and Competitive Loans plus (2) 50% of the outstanding aggregate principal amount of all Swingline Loans plus (3) the outstanding aggregate principal amount of all LOC Obligations and (ii) at all times thereafter, the amount by which (A) the then applicable Revolving Committed Amount exceeds (B) the daily average sum for such period of (1) the outstanding aggregate principal amount of all Loans other than Swingline Loans and Competitive Loans plus (2) 50% of the outstanding aggregate principal amount of all Swingline Loans plus (3) the outstanding aggregate principal amount of all LOC Obligations.

Unused Revolving Committed Amount means, for any period, the amount by which (a) the then applicable Revolving Committed Amount exceeds

Unused Revolving Committed Amount means, for any period, the amount by which (a) the then applicable Revolving Committed Amount exceeds (b) the daily average sum for such period of (i) the outstanding aggregate principal amount of all Revolving Loans plus (ii) the outstanding aggregate principal amount of all LOC Obligations. "Wal-Mart" means Wal-Mart Stores, Inc., a Delaware corporation.

Unused Revolving Committed Amount set forth in Section 1.01 of the 5-Year Credit Agreement is hereby amended in its entirety to read as follows: