Keyword Analysis & Research: undrawn commitment
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Committed Facility: Definition, Types, Vs. Uncommitted Facility
https://www.investopedia.com/terms/c/committedfacility.asp
May 27, 2021 · In return, the borrower pays the lender a commitment fee —a fee payable to a lender on available but undrawn amounts and calculated as a percentage of those undrawn funds from time to time....
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Undrawn Commitment Definition: 167 Samples | Law Insider
https://www.lawinsider.com/dictionary/undrawn-commitment
Undrawn Commitment means, with respect to any Revolving Lender at any time, an amount (which may not be less than zero) equal to (i) such Lender’s Revolving Commitment at such time minus (ii) the aggregate outstanding principal amount of Revolving Loans held by such Revolving Lender at such time.
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What Is a Loan Commitment? Definition, How it Works, and Types
https://www.investopedia.com/terms/l/loan-commitment.asp
Nov 30, 2020 · A loan commitment is an agreement by a commercial bank or other financial institution to lend a business or individual a specified sum of money. Loan commitments are useful for consumers looking...
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Undrawn Commitment (Banking & Finance Glossary) - Lexis
https://advance.lexis.com/open/document/openwebdocview/Undrawn-Commitment-Banking-Finance-Glossary-/?pdmfid=1000522&pddocfullpath=%2Fshared%2Fdocument%2Fanalytical-materials%2Furn%3AcontentItem%3A5NNK-7N41-JWJ0-G34S-00000-00&pdcomponentid=149080
Undrawn Commitment (Banking & Finance Glossary) Summary. Refers to the loans that the Lender has agreed to be made available to the Borrower under a Revolving Credit Facility or a Delayed Draw Term Facility that the Borrower has either not drawn, or has drawn and repaid.
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Commitment Fee | Formula + Calculation Example - Wall Street …
https://www.wallstreetprep.com/knowledge/commitment-fee/
May 8, 2023 · The Commitment Fee is a fee charged by lenders to borrowers on the unused portion (i.e. the undrawn portion) of a line of credit facility. What is the Definition of Commitment Fee? Senior loan agreements with revolving credit facilities (or “revolvers”) are often structured with a commitment fee as part of the lending terms.
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Revolving Credit Facility (RCF) | Definition + Interest Rates
https://www.wallstreetprep.com/knowledge/corporate-banking-101-revolving-credit-facilities/
Oct 29, 2023 · Revolving Credit Facility: Commitment Fees Lastly, the third type of fee charged is the commitment fee . These refer to fees charged on the undrawn portion of the credit facility, and are usually limited to a small percentage of the undrawn amount (e.g. 20%).
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What Is a Commitment Fee in Banking, and How Does It Work? - Investopedia
https://www.investopedia.com/terms/c/commitmentfee.asp
Aug 19, 2023 · Thomas J. Catalano. What Is a Commitment Fee? A commitment fee is a banking term used to describe a fee charged by a lender to a borrower to compensate the lender for its commitment to put up...
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IFRS 9 impairment: Revolving credit facilities and expected …
https://www.pwc.com/gx/en/audit-services/ifrs/publications/ifrs-9/revolving-credit-facilities-and-expected-credit%20losses.pdf
undrawn commitment. This seems to indicate that, in order for the exception to apply, a facility must have both drawn and undrawn components. However, in many cases, at any point in time, a facility might only have an undrawn component, such as a credit card or overdraft facility.
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Basel Framework - Bank for International Settlements
https://www.bis.org/basel_framework/chapter/CRE/32.htm?tldate=20231001&inforce=20230101&published=20200327
Mar 27, 2020 · In the advanced approach, EAD for undrawn commitments may be calculated as the committed but undrawn amount multiplied by a CCF or derived from direct estimates of total facility EAD. In both the foundation approach and advanced approaches, the definition of commitments is the same as in the standardised approach, as set out in CRE20.94 .
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Hidden in Plain Sight— The Impact of Undrawn Commitments
https://www.pm-research.com/content/iijaltinv/23/2/94
The key questions are whether undrawn commitments form part of the allocation to private equity, and, importantly, whether there are opportunity costs associated with them. In fact, many academics and most regulators do not view undrawn commitments as …
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