Utilisation Limit definition

Utilisation Limit means an amount equal to the lower of:
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Utilisation Limit means an amount equal to the lower of: 30
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Utilisation Limit means an amount equal to the lower of: the Available Amount; and an amount equal to the Total Required Resolution Amount minus the Available Funding Capacity determined for the specific Resolution Scheme for which the Utilisation is to be made, reduced by the amount of any Loans outstanding with respect to the specific Resolution Scheme.
Sample 1

Examples of Utilisation Limit in a sentence

  • We hereby give you notice that in accordance with the Resolution Scheme relating to [insert institution], we have determined that we may make Utilisation(s) under the Facility up to the Utilisation Limit which on the date hereof is […].

  • We have determined the Utilisation Limit as of the proposed Utilisation Date to be equal to […] and attach evidence about the elements of calculating such amount.

  • We attach evidence of the calculation of the Utilisation Limit [and an indicative schedule on the dates and the amounts under the Utilisation Requests to be specified as far as possible].

  • We attach evidence of the calculation of the Utilisation Limit [and an indicative schedule on the dates and the amounts under the Utilisation Requests to be specified 15 as far as possible].

  • The Borrower is entitled to deliver a Utilisation Request for an amount up to the Utilisation Limit.

  • The number of occasions during a Month upon which the Customer utilises the Service in respect of a Facility by issuing an Instruction in accordance with this Agreement shall not exceed the relevant Monthly Utilisation Limit.

  • The number of occasions during a Month upon which the Customer utilises the Service by issuing an Instruction in accordance with this Agreement shall not exceed the Monthly Utilisation Limit.

  • The amount of the proposed Loan must be an amount which does not exceed the Utilisation Limit.

Related to Utilisation Limit

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Utilisation means a utilisation of the Facility.

  • Utilisation Request means a notice substantially in the form set out in Schedule 3 (Utilisation Request).

  • Facility Limit means $100,000,000 as reduced from time to time pursuant to Section 2.02(e). References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the sum of the Aggregate Capital plus the LC Participation Amount.