Available Revolving Commitment means, at any time, the Aggregate Revolving Commitment minus the Aggregate Revolving Exposure (calculated, with respect to any Defaulting Lender, as if such Defaulting Lender had funded its Applicable Percentage of all outstanding Borrowings).
“Available Revolving CommitmentCommitment” means, at any time, the Aggregate Revolving Commitment minus the Aggregate Revolving Exposure (calculated,time with respect to any Defaulting Lender, as ifthe Commitment of such Defaulting Lender had funded its Applicable Percentagethen in effect minus the Revolving Credit Exposure of all outstanding Borrowings).such Lender at such time.
Available Revolving CommitmentAvailability means, at any time, an amount equal to # the lesser of # the Aggregate Revolving Commitment and # the Borrowing Base minus # the Aggregate Revolving Exposure (calculated, with respect to any Defaulting Lender, as if such Defaulting Lender had funded its Applicable Percentage of all outstanding Borrowings)., minus # without duplication, Reserves, all as determined by the Administrative Agent in its Permitted Discretion.
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