Unutilized Revolving Credit Commitment means, with respect to any Revolving Credit Lender at any time, such Lender’s Revolving Credit Commitment at such time less the sum of (i) the aggregate principal amount of all Revolving Loans made by such Lender that are outstanding at such time, (ii) such Lender’s Letter of Credit Exposure at such time and (iii) such Lender’s Swingline Exposure at such time.
Unutilized Revolving Credit Commitment means, with respect to any Bank at any time, such Bank’s Revolving Credit Commitment at such time less its Revolving Credit Exposure at such time.
Unutilized Revolving Credit Commitment means, for any Revolving -------------------------------------- Credit Lender, at any time, the excess of such Lender's Revolving Credit Commitment at such time over the sum of (i) the aggregate outstanding principal amount of Revolving Credit Loans made by such Lender, (ii) such Lender's Revolving Credit Commitment Percentage of the aggregate amount of Letter of Credit Liabilities at such time, and (iii) with respect to the Swing Loan Lender only, the aggregate principal amount of Swing Loans then outstanding.
Examples of Unutilized Revolving Credit Commitment in a sentence
The Stated Amount of the Loan Notes Guaranty shall not be less than the aggregate Stated Amount of the Loan Notes issued in connection with the Acquisition and the Statutory Merger Proceedings; provided that the Dollar Equivalent of the excess of (x) the Stated Amount of the Loan Notes Guaranty on the date of its issuance over (y) (pound)12,850,000, shall not exceed the Total Unutilized Revolving Credit Commitment immediately prior to the issuance of the Loan Notes Guaranty.
The Borrower agrees to pay to the Bank a commitment fee for the period from the closing of the Loan to the maturity date of the Note at the rate per annum equal to three- eights percent (3/8%) of the Unutilized Revolving Credit Commitment (as defined herein), payable in arrears (i) on the last business day of each fiscal quarter, beginning with the last business day of the fiscal quarter ending March 31, 1996, and (ii) on the maturity date of the Note.
More Definitions of Unutilized Revolving Credit Commitment
Unutilized Revolving Credit Commitment means, with respect to any Lender at any time, such Lender's Revolving Credit Commitment at such time less the sum of (i) the aggregate principal amount of all Revolving Credit Loans made by such Lender that are outstanding at such time and (ii) such Lender's Pro Rata Share (calculated based on its Revolving Credit Percentage) of all Letter of Credit Outstandings at such time. The Unutilized Revolving Credit Commitment of the Swingline Lender shall not be reduced by the amount of any Swingline Loans outstanding at any time.
Unutilized Revolving Credit Commitment means, for any Revolving Credit Lender, at any time, the excess of such Lender's Revolving Credit Commitment at such time over the sum of (i) the aggregate outstanding principal amount of Revolving Credit Loans made by such Lender, (ii) such Lender's Revolving Credit Commitment Percentage of the aggregate amount of Letter of Credit Liabilities at such time and (iii) with respect to the Swing Loan Lender only, the aggregate principal amount of Swing Loans then outstanding.
Unutilized Revolving Credit Commitment means, for any Revolving Credit Lender, at any time, the excess of such Revolving Credit Lender’s Revolving Credit Commitment at such time over the sum of (a) the aggregate outstanding principal amount of Revolving Credit Loans made by such Revolving Credit Lender, (b) such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate amount of Letter of Credit Liabilities at such time, and (c) with respect to the Swing Loan Lender only, the aggregate principal amount of Swing Loans then outstanding.
Unutilized Revolving Credit Commitment means, for any Revolving Credit Lender, at any time, the excess of such Lender's Revolving Credit Commitment at such time over the sum of (i) the aggregate outstanding principal amount of Revolving Credit Loans made by such Lender, (ii) such Lender's Revolving Credit Commitment Percentage of the aggregate amount of Letter of Credit Liabilities at such time and (iii) with respect to the Swing Loan Lender only and only for purposes other than calculating any fee due pursuant to Section 2.05(a), the aggregate principal amount of Swing Loans then outstanding. "U.S. Lender" see Section 5.06(b).
Unutilized Revolving Credit Commitment means (i) with respect to any -------------------------------------- Revolving Credit Lender (other than Swing Line Lender in its capacity as a Revolving Credit Lender) at any time, the amount of such Revolving Credit Lender's Revolving Credit Commitment at such time minus the amount of such Lender's Pro Rata Portion of the Outstanding Revolving Credit at such time (exclusive of the aggregate principal amount of Swing Line Loans outstanding at such time), and (ii) with respect to Swing Line Lender (in its capacity as a Revolving Credit Lender) at any time, the amount of such Revolving Credit Lender's Revolving Credit Commitment at such time minus the amount of such Lender's Pro Rata Portion of the Outstanding Revolving Credit at such time (including the aggregate principal amount of Swing Line Loans outstanding at such time).
Unutilized Revolving Credit Commitment means, for any Revolving
Unutilized Revolving Credit Commitment means, for any Revolving Credit Lender, at any time, the excess of such Lender's Revolving Credit Commitment at such time over the sum of (i) the aggregate outstanding principal amount of Revolving Credit Loans made by such Lender, (ii) such Lender's Revolving Credit Commitment Percentage of the aggregate amount of Letter of Credit Liabilities at such time and (iii) with respect to the Swing Loan Lender only, the aggregate principal amount of Swing Loans then outstanding. "U.S. LENDER" see Section 5.06(b).