Utilization Amount definition

Utilization Amount means, during each applicable Determination Period, the average daily amount of the Total WC Outstandings divided by the Aggregate WC Commitment during such period.
Utilization Amount has the meaning assigned to that term in Section 2.05(b).

Examples of Utilization Amount in a sentence

  • The aggregate outstanding Revolving Loans together with the aggregate Bank Services Utilization Amount shall not exceed the Total Revolving Loan Commitments.

  • As part of the Revolving Loan Facility, Borrower Representative may request, and any Revolving Lender that is a Bank Services Provider may provide, Bank Services, as a sublimit under such Revolving Lender’s Revolving Loan Commitment, provided that the availability under the Revolving Loan Commitment with respect to such Revolving Lender shall be deemed reduced by the applicable Bank Services Utilization Amount, from time to time.

  • If the utilization in any period is greater than or equal to the Minimum Utilization Amount, Buyer shall not be paid a Non-Utilization Fee for that period.

  • Commencing on the Closing Date and continuing an a monthly basis through and including the Commitment Termination Date, Agent shall determine the Actual Utilization Amount for the immediately preceding month (or any partial month, as applicable).

  • The amount of each Advance requested by the Borrower thereafter shall not be less than the difference of the Minimum Utilization Amount less the aggregate principal amount of all outstanding Advances at such time.


More Definitions of Utilization Amount

Utilization Amount has the meaning set forth in Section 4.2.
Utilization Amount means, for any quarter, the amount of license fees that would be payable for all copies of Licensed Works installed during the quarter, calculated in accordance with Section 4.1 and reflecting any increase or decrease pursuant to Section 4.2.3.
Utilization Amount means at such times as the sum of (i) Revolving Credit Outstandings, (ii) Letter of Credit Outstandings in excess of $20,000,000, (iii) outstanding Competitive Bid Loans and (iv) Swing Line Outstandings exceed 25% of the Total Revolving Credit Commitment, 25 basis points.
Utilization Amount means the amount on any day by which the Outstanding Credits exceeds 50% of the Total Commitments. Notwithstanding anything to the contrary, the Utilization Amount shall not be less than 0.
Utilization Amount means, during each applicable Determination Period, (a) with respect to the WC Loans and Aggregate WC Commitment, the average during such Determination Period of the actual daily amount (as determined as of the close of business on each applicable Business Day) of the Total WC Outstandings divided by the Aggregate WC Commitment during such period; and (b) with respect to the WC Interim Loans and Aggregate WC Interim Commitment, the average during such Determination Period of the actual daily amount (as determined as of the close of business on each applicable Business Day) of the Total WC Interim Outstandings divided by the Aggregate WC Interim Commitment during such period.
Utilization Amount is defined in Section 2.3(ii).
Utilization Amount means the exact dollar amount of an Uber Voucher an Agency User utilized to access Uber Services. IN WITNESS WHEREOF, Uber and Agency have caused this Agreement to be executed by their duly authorized representatives effective as of the last signature date written below. RASIER, LLC MARIN COUNTY TRANSIT DISTRICTBy: By: Name: Name: Title: Title: Date: Date: Exhibit 1 Scope of Work [To be developed throughout the Term of the agreement by Uber and Agency as needed]Exhibit 2 Trademarks and Territory Uber Marks Agency Marks TrademarkDescriptionTerritoryMarin Transit ConnectWord mark & logoUnited StatesTransportation Authority of Marin (“TAM”)Word mark & logoUnited States Mobility On-Demand Software Agreement Marin Transit Board of Directors May 4, 2020