Unused Total Revolving Commitment definition

Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.
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Unused Total Revolving Commitment means, at any time, (a) the Total Revolving Commitment less (b) the Total Revolving Extensions of Credit.
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Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time plus the aggregate outstanding principal amount of Swing Loans.
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Examples of Unused Total Revolving Commitment in a sentence

  • Upon at least one (1) Business Day revocable prior written notice to the Administrative Agent, the Borrower may at any time in whole permanently terminate a Total Revolving Commitment (subject to compliance with Section 2.12(e)), or from time to time in part permanently reduce the Unused Total Revolving Commitment.

  • Each such reduction of the Unused Total Revolving Commitment shall be in the principal amount not less than $1,000,000 and in an integral multiple of $1,000,000.

  • Any reduction of the Unused Total Revolving Commitment pursuant to this Section 2.11 shall be applied to reduce the Revolving Commitments of each Revolving Lender on a pro rata basis.

  • At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $100,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire Unused Total Revolving Commitment or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.02(e).


More Definitions of Unused Total Revolving Commitment

Unused Total Revolving Commitment means, at any time, the excess of (i) the sum of the Lenders’ Revolving Commitments at such time over (ii) the sum of the Lenders’ Revolving Credit Exposure at such time.
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Unused Total Revolving Commitment means the Unused Total LC Tranche Commitment, the Unused Total 2026 Revolving Commitment or the Unused Total 2028 Revolving Commitment, as applicable.
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Unused Total Revolving Commitment means the Unused Total 3-Year Revolving Commitment or the Unused Total 5-Year Revolving Commitment, as applicable.
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Unused Total Revolving Commitment means, at any time, (a) the Total Revolving Commitment less (b) the Total Revolving Extensions of
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Unused Total Revolving Commitment shall have the meaning set forth in the First Lien Credit Agreement.
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Unused Total Revolving Commitment means, at any time, (a) the Total Revolving Commitment less (b) the Total Revolving Extensions of Credit. [**] – Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. Confidential
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Unused Total Revolving Commitment means, at any time, the excess of
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