Debt Commitment definition

Debt Commitment has the meaning set forth in Section 5.6.
Debt Commitment is defined in Section 3.9.

Examples of Debt Commitment in a sentence

  • The Debt Commitment Letter contains all of the conditions precedent to the obligations of the parties thereunder to make the Debt Financing available to Buyer on the terms therein, other than the payment of customary fees.

  • As of the date of this Agreement, no event has occurred which, with or without notice, lapse of time or both, would constitute a default or breach on the part of Buyer under any term or condition of the Debt Commitment Letter or result in any portion of the Debt Financing not being available on the Closing Date.

  • As of the date of this Agreement, the Debt Commitment Letter has not been withdrawn and Buyer does not know of any facts or circumstances that may be expected to result in any of the conditions set forth in the Debt Commitment Letter not being satisfied.

  • The Debt Commitment Letter, in the form so delivered, is a legal, valid and binding obligation of Buyer and, to the Knowledge of Buyer, the other parties thereto, enforceable in accordance with its terms, subject to the qualification that such enforceability may be limited by bankruptcy, insolvency, reorganization or other laws of general application relating to or affecting rights of creditors or by general principles of equity.

  • Buyer has fully paid any and all commitment fees or other fees required by the Debt Commitment Letter to be paid on or before the date of this Agreement, and Buyer will pay when due all other commitment or other fees arising under the Debt Commitment Letter as and when they become payable.


More Definitions of Debt Commitment

Debt Commitment means the commitment of the Lenders to provide the Debt Financing.
Debt Commitment means, as to each Debt Commitment Party, the obligation to purchase New Secured Notes in an amount equal to its Debt Commitment Funding Amount.
Debt Commitment refers to such commitment as so affirmed). It is the good faith belief of Parent and its affiliates, as of the date hereof, that the financing contemplated by the Debt Commitment will be obtained, and the Parent shall use commercially reasonable efforts to obtain such financing, including using commercially reasonable efforts to fulfill or cause the fulfillment of any of the conditions thereto. If such financing is not available, the Parent shall (notwithstanding the provisions of Section 6.03(e)) use commercially reasonable efforts to obtain other financing.
Debt Commitment means the Debt Commitment as so amended, replaced, supplemented or modified in accordance with this Section 6.8(a)(i) and, in the event that the Buyer obtains Alternative Financing in accordance with this Section 6.8(a)(i), the term “Debt Commitment” shall mean the commitment letter or letters (as amended, replaced, supplemented or modified in accordance with this Section 6.8(a)(i)) related to the Alternative Financing.
Debt Commitment has the meaning set forth in the Investment Agreement. “Debt Rights Offering” has the meaning set forth in the Investment Agreement. “Demand Notice” has the meaning set forth in Section 2(b)(i).
Debt Commitment has the meaning set forth in Section 5.9. “DGCL” has the meaning set forth in Section 2.1.
Debt Commitment means, in relation to RCL or Phaunos, that party's Commitment under, and as defined in, the Investor Loan Facility;