Commitment Percentages definition

Commitment Percentages means the Revolving Commitment Percentage, the Tranche A-1 Term Loan Commitment Percentage and/or the Tranche A-2 Term Loan Commitment Percentage, as context requires.

Commitment Percentages means, with respect to any Lender, such Lender’s Revolving Credit Commitment Percentage and Term Loan Commitment Percentage, and with respect to all Lenders, all of the Revolving Credit Commitment Percentages and all of the Term Loan Commitment Percentages.

Commitment Percentages shall refer collectively, with respect to each Lender, to such Lender’s Revolving Credit Commitment Percentage and/or Term Commitment Percentage, as applicable. Completed Revolving Credit Loan Request. A loan request accompanied by all information required to be supplied under the applicable provisions of §2.4.

Examples of Commitment Percentages in a sentence

• Each payment (including each prepayment) by any Borrower on account of the principal of and interest on the Advances (other than the Term Loan) shall be applied, first to the outstanding Swing Loans and next, pro rata according to the applicable Revolving Commitment Percentages of Lenders, to the outstanding Revolving Advances (subject to any contrary provisions of Section 2.22).

• The Term Loan shall be advanced according to the applicable Term Loan Commitment Percentages of Lenders holding the Term Loan Commitments.

• Each payment (other than any voluntary prepayment and regularly scheduled payments under Section 2.3, which regularly scheduled payments shall be applied to the amount then due) by any Borrower on account of the principal of and interest on the Term Loan shall be applied to the Term Loan pro rata according to the Term Loan Commitment Percentages of Lenders in the inverse order of maturities thereof.

• The Borrowers shall pay to the Administrative Agent for the accounts of the Banks in accordance with their respective Commitment Percentages a facility fee on the actual daily amount of the Total Commitment calculated at the rate per annum (the “Facility Fee Rate”), on the basis of a 360-day year for the actual number of days elapsed, as determined in accordance with the chart below with respect to the Company’s long-term senior unsecured debt rating.

• Xxxxxxxx Title: Managing Director Xxxxxx Funds and Xxxxxx ETFs Amendment No. 10 Signature Page SCHEDULE 1 Addresses for Notices, Applicable Lending Offices, Commitment Amounts and Commitment Percentages BORROWERS: Address for Notices: Xxxxxx Investments 000 Xxxxxxx Xxxxxx Xxxxxx, XX 00000 Attn: Xxxxxxx X.

More Definitions of Commitment Percentages

Commitment Percentages means, with respect to each Bank, its percentage commitment of the Revolving Credit which shall be the percentage initially set forth opposite its name on the signature page hereto signed by such Bank, and thereafter as shown on the most recent Assignment and Assumption Agreement. The term "Ratable Share" shall mean the proportion that a Bank's Commitment Percentage of the Revolving Credit bears to the total Revolving Credit. The obligation of the Borrower to repay the aggregate unpaid principal amount of the advances to the Borrower under the Revolving Credit (each such advance under the Revolving Credit, a "Loan", and collectively the "Loans") by each Bank, together with interest thereon, shall be evidenced by one or more Revolving Credit Notes executed in favor of each Bank in the maximum amount of that Bank's Commitment Percentage of the Revolving Credit and substantially in the form of Exhibit "A" attached hereto and made a part hereof with appropriate insertions (each, a "Note", and collectively, the "Notes"). Notwithstanding the aggregate principal amount of the Notes as stated on the faces thereof in the amount of Ten Million ($10,000,000) Dollars, the actual principal amount due from the Borrower to each Bank on account of such Bank's Note, as of any date of computation, shall be the sum of all advances then and theretofore made on account thereof by such Bank less all payments of principal actually received by such Bank in collected funds during the same period all as shown on such Bank's Loan Account established pursuant to Section 2.8 hereof. Subject to the limitation set forth in Section 2.3 below, during the Revolving Credit Period, the Borrower may borrow, repay and reborrow funds under the Revolving Credit, provided, however, that at no time shall the aggregate unpaid principal balance outstanding under the Notes exceed Ten Million ($10,000,000) Dollars less the sum of (x) the aggregate Stated Amounts of outstanding Letters of Credit and (y) the aggregate amount of unreimbursed Draws under the Letters of Credit. The amount of any borrowing and

Commitment Percentages means, with respect to any Lender, such Lender’s Floor Plan Loan Commitment Percentage, Revolving Credit Commitment Percentage, and Term Loan Commitment Percentage, and with respect to all Lenders, all of the Floor Plan Loan Commitment Percentages, all of the Revolving Credit Commitment Percentages, and all of the Term Loan Commitment Percentages.

Commitment Percentages the collective reference to the Revolving Commitment Percentages and the First Priority Term Percentages; individually, as to any Revolving Commitment Percentage or First Priority Term Percentage, a “Commitment Percentage”.

Commitment Percentages means the percentages in which the Lenders are severally bound to satisfy the Revolving Loan Commitment to make Advances to the Borrower as shall be in effect from time to time, which percentages as of the Agreement Date are set forth on SCHEDULE 2 attached hereto.

Commitment Percentages. (a) Subject to adjustment as provided in §2.16, with respect to any Bank, its Domestic Commitment Percentage and/or Canadian Commitment Percentage and/or U.K. Commitment Percentage and/or PR Commitment Percentage, and (b) with respect to any Domestic Swing Line Lender, its Domestic Swing Line Commitment Percentage.

Commitment Percentages means, as applicable, the Total Commitment Percentage, U.S. Commitment Percentage, U.K. Commitment Percentage and Canadian Commitment Percentage.

Commitment Percentages means, with respect to any Lender, such Lender’s NM Term Loan Commitment percentage and Roll-Up Loan Commitment percentage, and with respect to all Lenders, all of the NM Term Loan Commitment percentages, and all of the Roll-Up Loan Commitment percentages.