Commitment Proportion definition

Commitment Proportion means, with respect to each Lender at the time of determination, the ratio, expressed as a percentage, (a) which such Lender's Revolving Credit Commitments bear to the Total Commitment or (b) if the Revolving Credit Commitments have expired or have been terminated, which such Lender's Loans bear to the principal balance of the Loans then outstanding, at such time.

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Commitment Proportion means, with respect to each Bank at the time of determination, that proportion that its Commitment bears to the Total Commitment.

Commitment Proportion means, in relation to a Lender, at any time --------------------- the proportion which its Commitment bears to the Total Commitments at such time.

Examples of Commitment Proportion in a sentence

Promptly upon receipt of such notice, the Administrative Agent will give notice thereof to each Lender, specifying in such notice such Lender’s Commitment Proportion of such Swingline Loan or Loans.
Each Lender hereby absolutely and unconditionally agrees, upon receipt of notice as provided above, to pay to the Administrative Agent, for the account of the Swingline Lender, such Lender's Commitment Proportion of such Swingline Loan or Loans.
Promptly upon receipt of such notice, the Administrative Agent will give notice thereof to each Lender, specifying in such notice such Lender's Commitment Proportion of such Swingline Loan or Loans.
Promptly following receipt of such notice, each Lender shall pay to the Administrative Agent its Commitment Proportion of the payment then due from the Company, in the same manner as provided in Section 3.11 with respect to Loans made by such Lender (and Section 3.11 shall apply, mutatis mutandis, to the payment obligations of the Lenders), and the Administrative Agent shall promptly pay to the Issuing Lender the amounts so received by it from the Lenders.
By the issuance of a Letter of Credit (or an amendment to a Letter of Credit increasing the amount thereof) and without any further action on the part of the Issuing Lender or the Lenders, the Issuing Lender hereby grants to each Lender, and each Lender hereby acquires from the Issuing Lender, a participation in such Letter of Credit equal to such Lender’s Commitment Proportion of the aggregate amount available to be drawn under such Letter of Credit.

More Definitions of Commitment Proportion

Commitment Proportion means, with respect to each Lender at the time of determination, the ratio, expressed as a percentage, which such Lender’s Commitments bear to the Total Commitment or, if the Commitments have expired or have been terminated, the ratio, expressed as a percentage, which (a) the sum of aggregate Loans advanced by such Lender, plus such Lender’s pro rata share of the Aggregate Letters of Credit Outstanding to (b) the Aggregate Outstandings at such time; provided that in the case of Section 2.20 when a Defaulting Lender shall exist, “Commitment Proportion” shall mean the percentage of the Total Commitments (disregarding the Defaulting Lender’s Commitment) represented by such Lender’s Commitments.

Commitment Proportion means, with respect to each Lender, the proportion its Revolving Credit Commitment bears to the Total Revolving Credit Commitment.

Commitment Proportion means, with respect to each Lender at the time of determination, (a) with respect to Revolving Credit Loans, LC Exposure or Swingline Loans, the ratio, expressed as a percentage, which such Lender’s Revolving Credit Commitments bear to the Total Revolving Credit Commitment, or, if the Revolving Credit Commitments have expired or have been terminated, the ratio, expressed as a percentage, which the aggregate principal amount of the Revolving Credit Loans outstanding of such Lender bears to the Aggregate Outstandings at such time; provided that, in the case of Section 2.07 when a Defaulting Lender shall exist, any such Defaulting Lender’s Revolving Credit Commitment shall be disregarded in the calculation, and (b) with respect to Term Loans, the ratio, expressed as a percentage, which such Lender’s Term Loan Commitment bears to the Term Loan Commitments of all Lenders at such time, or, if the Term Loan Commitments have expired or have been terminated, the ratio, expressed as a percentage, which the aggregate principal amount of the Term Loans outstanding of such Lender bears to the aggregate outstanding principal balance of all Term Loans of all Lenders at such time.

Commitment Proportion means the percentage of the Total Commitments (disregarding the Defaulting Lender’s Commitment) represented by such Lender’s Commitments.

Commitment Proportion means, with respect to each Lender at the time of determination, the ratio, expressed as a percentage, (a) which such Lender's Revolving Credit Commitment bears to the Total Commitment or (b) if the Revolving Credit Commitments have expired or have been terminated, which such Lender's Loans bear to the principal balance of the Loans then outstanding, at such time.

Commitment Proportion means, with respect to each Lender at the time of determination, the ratio, expressed as a percentage, which such Lender’s Commitments bear to the Total Commitment or, if the Commitments have expired or have been terminated, the ratio, expressed as a percentage, which (a) the sum of aggregate Loans advanced by such Lender, plus the Aggregate Banker’s Acceptance Outstandings and the Aggregate Letters of Credit Outstandings of such Lender to (b) the Aggregate Outstandings plus the aggregate amount of Term Loans outstanding, at such time.

Commitment Proportion means, in respect of any Lender and/or Noteholder either (i) the percentage set out against that ▇▇▇▇▇▇'s or Noteholder's name in the third column of Schedule 1 to the Variable Funding Agreement less any part of that percentage commitment transferred by that Lender or Noteholder to another Noteholder in accordance with the provisions of the Variable Funding Agreement and the Conditions, or (ii) as applicable, the percentage set out as a Noteholder's Commitment Proportion in a Note Transfer less any part of that percentage commitment transferred by that Noteholder in accordance with the provisions of the Variable Funding Agreement and the Conditions after the date of such Note Transfer, or (iii) in each case such other percentage applicable to that Lender or Noteholder calculated in accordance with Clause 13.2 of the Variable Funding Agreement;

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