Applicable Commitment definition

Applicable Commitment has the meaning given it in Section 2.2

Applicable Commitment means Assignor's Commitment under the Credit Agreement.

Applicable Commitment. Each Lender’s Domestic Revolving Loan Commitment, Canadian Revolving Loan Commitment, European Commitment or Australian Revolving Loan Commitment, as applicable.

Examples of Applicable Commitment in a sentence

• The Borrower agrees to pay to the Administrative Agent for account of each Lender a commitment fee, which shall accrue at the Applicable Commitment Fee Rate on the unused amount of the Commitment of such Lender, if any, on each day during the period from and including the Effective Date to the earlier of the date the Commitments terminate and the Revolver Termination Date.

• The issuance of each Letter of Credit shall confer upon each Revolving Lender the benefits and liabilities of a participation consisting of an undivided pro rata interest in the Letter of Credit to the extent of such Revolving Lender’s Applicable Commitment Percentage.

• Revolving Loans made by each Lender shall be evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.

• The commitment fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Commitment Fee Percentage during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Commitment Fee Percentage separately for each period during such quarter that such Applicable Commitment Fee Percentage was in effect.

• Any Lender may at any time assign to one or more Eligible Assignees all or any portion of such Lender’s Applicable Commitment and/or Credit Extensions, together with all related obligations of such Lender hereunder.

More Definitions of Applicable Commitment

Applicable Commitment shall have the meaning provided in Section 9.8(b).

Applicable Commitment means the Tranche A-1 Commitment, the Tranche A-2 Commitment, the Tranche B Commitment, the Tranche C Commitment or the Tranche D Commitment, as the context may require.

Applicable Commitment has the meaning specified in Section 2.19(b).

Applicable Commitment means, as to any Lender, its Domestic Commitment, Australian Commitment, Canadian Commitment or Japanese Commitment, as the context may require.

Applicable Commitment means (a) in the case of the Canadian Dollar Sublimit, a Canadian Dollar Commitment, (b) in the case of the Finland Euro Sublimit, a Finland Euro Commitment, (b) in the case of the Singapore Euro Sublimit, a Singapore Euro Commitment and (c) in the case of the Yen Sublimit, a Yen Commitment.

Applicable Commitment means the Tranche A Commitment, the Tranche B Commitment, the Tranche C Commitment or the Tranche D Commitment, as the context may require.

Applicable Commitment means the Canadian Revolving Credit Commitment or the US Revolving Credit Commitment, as applicable.