Unused Total Commitment means, at any time, (i) the Total Commitment less (ii) the sum of (x) the aggregate outstanding principal amount of all Loans and (y) the aggregate Letter of Credit Outstandings.
Unused Total Commitment means, with respect to all Lenders, at any time, (i) the Total Commitment less (ii) the sum of (x) the aggregate outstanding principal amount of all Loans and (y) the aggregate Letter of Credit Exposure.
Unused Total Commitment means, at any time, (i) the Total ----------------------- Commitment less (ii) the Total Usage.
Examples of Unused Total Commitment in a sentence
The Borrowers agree to pay to the Agent for the account of each Lender a commitment fee (the “ Commitment Fee”), which shall accrue at the Applicable Commitment Fee Rate on the average daily amount of the Unused Total Commitment of such Lender during the period from and including the Closing Date to but excluding the date on which the Lenders’ Commitments terminate.
More Definitions of Unused Total Commitment
Unused Total Commitment means, at any time, the Total Commitment minus the aggregate Outstanding Exposure with respect to all Borrowers, in each case at such time.
Unused Total Commitment means, at any time, (i) the Total Commitment LESS (ii) the aggregate outstanding principal amount of all Loans.
Unused Total Commitment means, at any time, the aggregate of the Unused Commitments of all the Lenders at such time.
Unused Total Commitment means, at any time, the Tranche A Unused Total Commitment or the Tranche B Unused Total Commitment, as the context may require, and "UNUSED TOTAL COMMITMENTS" shall mean the sum of the foregoing.".
Unused Total Commitment means, at any time, (i) the Total Commitment less (ii) the sum of (x) the aggregate outstanding principal amount of all Loans and (y) the aggregate Letter of Credit Outstandings. "U.S. Lender" shall mean any Lender, any Fronting Bank or Agent that is a United States person as defined in Section 7701(a)(30) of the Code.
Unused Total Commitment means, at any time, (a) the Total Commitments less (b) the aggregate principal amount of the Loans then outstanding. “Voting Stock” of any specified Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in the election of the Board of Directors of such Person. “Weighted Average Life to Maturity” means, when applied to any Indebtedness at any date, the number of years obtained by dividing: (1) the sum of the products obtained by multiplying (A) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect of the Indebtedness, by (B) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by (2) the then outstanding principal amount of such Indebtedness. “Withholding Agent” shall mean the Borrower, a Guarantor and the Administrative Agent. “Working Capital” shall mean, as of any date, (i) the current assets of the Borrower minus (ii) the current liabilities of the Borrower (other than the current portion of long term debt), in each case, determined on a consolidated basis and otherwise, in accordance with GAAP as of such date.
Unused Total Commitment means, at any time, (i) the Total Commitment minus (ii) the sum of (x) the aggregate outstanding principal amount of all Loans and (y) the aggregate Letter of Credit Outstandings.