Undrawn Availability

Undrawn Availability. At a particular date shall mean an amount equal to (a) the Maximum Revolving Advance Amount minus (b) the sum of (i) the outstanding principal amount of Advances, (ii) the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, plus (iii) fees and expenses for which Borrower is liable but which have not been paid or charged to Borrower's Account.