Commitment Shortfall definition

Commitment Shortfall means the amount by which:
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Commitment Shortfall means, as of any date of determination, the positive excess, if any, of (A) the Portfolio Exposure Amount over (B) the Available Unfunded Amount.
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Commitment Shortfall means the amount by which (a) the aggregated Unfunded Amount exceeds (b) the sum of (i) the Undrawn Commitment, plus (ii) amounts on deposit in the Collection Account, including Eligible Investments credited thereto, representing Principal Proceeds, plus (iii) amounts on deposit in the Future Funding Reserve Account, including Eligible Investments credited thereto.
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Examples of Commitment Shortfall in a sentence

  • If the Agent then determines that the further increase in the Additional Commitments offered by the relevant Participating Lenders is equal to or less than the Additional Commitment Shortfall, it shall allocate further participations in the Requested Additional Commitments to each Participating Lender on the basis of the additional amounts offered by the respective Participating Lender.

  • If the Agent determines that the aggregate amount of the further increase in the Additional Commitments offered by the relevant Participating Lenders is higher than the Additional Commitment Shortfall, it shall allocate the further participations pro rata based on the total amount of all Additional Commitments offered by Participating Lenders pursuant to this paragraph (e) and the share of each Participating Lender in such total amount.

  • The Borrower shall not terminate or reduce the Total Commitment (including, without limitation, pursuant to Section 2.05(b)) to the extent that after giving effect to such reduction or termination, a Commitment Shortfall shall be other than zero.

  • For the avoidance of doubt, the Excluded Loan shall not be included in any calculations of the Coverage Tests, the Advance Rate Test, the Commitment Shortfall Test, the Concentration Limits, the Collateral Quality Tests and the EOD OC Ratio.

  • The Borrower shall not terminate or reduce the Total Commitment (including, without limitation, pursuant to Section 2.05(b)) if, to the extent that after giving effect to such reduction or termination, a Commitment Shortfall shall exist.


More Definitions of Commitment Shortfall

Commitment Shortfall shall have the meaning set forth in Section 5.03(c).
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Commitment Shortfall has the meaning assigned to such term in Section 3.2(b).
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Commitment Shortfall is defined in Section 3.5(b) of the Transaction Agreement.
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Commitment Shortfall shall exist if the Outstanding Senior Loans plus the Uncovered Amount would exceed the Senior Lender Funding Commitment.
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Commitment Shortfall means, at any date of determination, (i) with respect to the Lenders, the amount, if any, by which the Lenders' Unfunded Amount exceeds the Lenders' aggregate Available Commitments after deducting the Defaulted Lender's Available Commitment and (ii) with respect to the Certificate Holders, the amount, if any, by which the Certificate Holders' Unfunded Amount exceeds the Certificate Holders' aggregate Available Commitments after deducting the Defaulted Certificate Holder's Commitment Amount.
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Commitment Shortfall. The amount by which (a) the aggregate Unfunded Amount exceeds (b) the sum of (i) the Aggregate Undrawn Amount, plus (ii) the amounts on deposit in the Class A-R Rating Requirement Funding Account (including any subaccount thereof), plus (iii) during the Reinvestment Period, amounts on deposit in the Collection Account, including Eligible Investments credited thereto, representing Principal Proceeds, plus (iv) amounts on deposit in the Revolver Funding Account, including Eligible Investments credited thereto.
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Commitment Shortfall means the amount by which (a) the aggregate Exposure Amount of Revolving Debt Obligations and Delayed Funding Debt Obligations exceeds (b) the sum of (i) the
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