Unused Aggregate Commitment definition

Unused Aggregate Commitment means, at any time, the difference between the Aggregate Commitment then in effect and the outstanding Matured Aggregate Investment.
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Unused Aggregate Commitment means, for any period from the Effective Date to the Maturity Date, the amount by which (a) the then applicable Aggregate Commitment exceeds (b) the daily average sum for such period of the aggregate principal amount of all Loans outstanding.
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Unused Aggregate Commitment means, at any time, the difference between the Aggregate Commitment then in effect and the outstanding Credit Exposure.
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Examples of Unused Aggregate Commitment in a sentence

  • Commitment Fees shall be payable in arrears on each Quarterly Payment Date and on the date on which the Commitments terminate, commencing on the first such date to occur after the date hereof; notwithstanding the definition of "Unused Aggregate Commitment," for purposes of calculation of Commitment Fees,Swingline Loans shall constitute usage only of the Commitment of the Swingline Lender.

  • The Borrower agrees to pay to the Administrative Agent, for the pro rata benefit of the Lenders, commitment fees (“Commitment Fees”), at a rate per annum equal to the Applicable Percentage (for Commitment Fees) of the Unused Aggregate Commitment.

  • Borrower shall pay to Admin- istrative Agent for the ratable account of Lenders a "Commitment Fee" calculated by applying the daily equivalent of the Commitment Fee Rate to the Unused Aggregate Commitment on each day during the period from the Effective Date to the Revolver Maturity Date.

  • The "Unused Aggregate Commitment" on any day shall be an amount equal to (i) the sum of the amounts of (a) the Aggregate Revolving Commitment and (b) the Aggregate Post-Offering Acquisition Loan Commitment, minus (ii) the sum of (a) the amount of the Aggregate Revolving Loan plus (1) the Letter of Credit Exposure and (2) the Swingline Loan, and (c) the amount of the Aggregate Post-Offering Acquisition Loan.

  • The Borrower agrees to pay to the Administrative Agent, for the pro rata benefit of the Lenders, commitment fees ("Commitment Fees"), at a rate per annum equal to the Applicable Percentage (for Commitment Fees) of the Unused Aggregate Commitment.

Related to Unused Aggregate Commitment

  • Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure at such time.

  • Revolving Credit Aggregate Commitment means Eighty Million Dollars ($80,000,000.00), subject to increases pursuant to Section 2.12 hereof up to the Revolving Credit Optional Increase Amount, and subject to reduction or termination under Section 2.11 or 9.2 hereof.

  • Aggregate Commitment means the aggregate of the Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Commitment is $500,000,000.

  • Aggregate Commitment Amount means the aggregate principal amount of the Aggregate Commitments from time to time. On the Closing Date, the Aggregate Commitment Amount equals $1,500,000,000.

  • Aggregate Commitments means the Commitments of all the Lenders.