Unutilized Commitments definition

Unutilized Commitments means, at any time, the Maximum Credit at such time minus the sum of (a) the aggregate principal amount of Revolving Facility Loans outstanding at such time and (b) the aggregate principal amount of L/C Obligations outstanding at such time.

Unutilized Commitments means the Revolving Loan Commitments minus the Revolving Loans outstanding.

Unutilized Commitments means (a) with respect to the Revolving Loan Commitments, the Revolving Loan Commitments minus the Revolving Loans outstanding, (b) with respect to the DDTL Commitments, the DDTL Commitments minus the DDT Loans outstanding, and (c) with respect to the Incremental Facility Commitments, if applicable, the Incremental Facility Commitments minus the Incremental Facility Loans outstanding.

Examples of Unutilized Commitments in a sentence

• Each borrowing under the Commitments shall be in an amount equal to (x) in the case of ABR Loans, $1,000,000 or a whole multiple of $100,000 in excess thereof (or, if the then Unutilized Commitments are less than $1,000,000, such lesser amount) and (y) in the case of Eurodollar Loans, $5,000,000 or a whole multiple of $500,000 in excess thereof.

• The aggregate principal amount of each Borrowing hereunder shall not (i) be less than $2,000,000, and if greater, shall be in an integral multiple of $1,000,000 and (ii) exceed the lesser of (a) Cumulative Losses incurred after the occurrence of the Loss Threshold Incurrence Date less the aggregate principal amount of all Loans previously made and (b) the aggregate Unutilized Commitments of all Banks as in effect on the date such Borrowing is made.

• The Unutilized Commitments following the making of such Loan, together with the undisbursed equity commitment (including Subordinated Loans and, for the avoidance of doubt, any undisbursed contingent equity commitment) under the Equity Support Deed, will be no less than the amount necessary to pay Project Costs remaining to be paid following the application to Project Costs of the amount of such Loan.

• The aggregate principal amount of each Borrowing hereunder shall not (i) be less than $1,000,000, and if greater, shall be in an integral multiple of $100,000 and (ii) exceed the lesser of (a) Cumulative Losses incurred after the occurrence of the Loss Threshold Incurrence Date less the aggregate principal amount of all Loans previously made and (b) the aggregate Unutilized Commitments of all Banks as in effect on the date such Borrowing is made.

• Upon at least five Business Days' prior notice to the Agent at its Notice Office, the Borrower shall have the right to terminate the Unutilized Commitments or the Unutilized Contingent Commitments, or both, in whole or in part, in minimum aggregate amounts of $5,000,000 (or, if greater, in integral multiples of $1,000,000) for the Unutilized Commitments and the Unutilized Contingent Commitments, provided that the Borrower shall concurrently satisfy its obligations, if any at such time, under Section 3.01.

More Definitions of Unutilized Commitments

Unutilized Commitments an amount equal to (x) the Total Commitments, less (y) the aggregate of all Lenders’ Individual Lender Exposures (excluding any amounts attributable to Swing Line Loans).

Unutilized Commitments the Unutilized Term Loan Commitments and Unutilized DSR Loan Commitments.

Unutilized Commitments means (a) with respect to the Revolving Loan Commitments, the Revolving Loan Commitments minus the Revolving Loans outstanding, (b) with respect to the DDTL Commitments, the DDTL Commitments minus the DDT Loans outstanding, (c) with respect to the SSI Revolving Loan Commitments, the SSI Revolving Loan Commitments minus the SSI Revolving Loans outstanding, (d) with respect to the SSI DDTL Commitments, the SSI DDTL Commitments minus the SSI DDT Loans outstanding and (e) with respect to the Incremental Facility Commitments, if applicable, the Incremental Facility Commitments minus the Incremental Facility Loans outstanding.”

Unutilized Commitments at any time the amount by which the Total Commitments in effect at such time exceeds the aggregate principal amount of all Loans outstanding at such time.

Unutilized Commitments means the overall Commitments deducted by funds invested and funds committed to be invested by the Private Investment Fund."Year(s)"The twelve (12) months period immediately preceding the Pre-Qualification Submission Date.APPENDIX BGENERAL DESCRIPTION OF THE PROJECT

Unutilized Commitments means, at any time, the Total Commitments at such time less the aggregate outstanding principal amount of the Loans made at such time.

Unutilized Commitments means, at any time, the excess of (i) the aggregate Commitments at such time over (ii) the aggregate outstanding principal balance of the Loans at such time.