Amount of Commitment. Subject to the terms and conditions of this Agreement, Lender agrees to make Advances and/or issue Letters of Credit from time to time until the Maturity Date up to the maximum amount of the Borrowing Availability, provided that the aggregate amount of all Loan Allocations and Letters of Credit outstanding and committed at any time and from time to time, shall not exceed the least of (i) the Commitment Amount, or (ii) the Borrowing Availability at such time, or (iii) the Maximum Allowed Advances for all Homes and Lots to be entered into the Loan plus the LOC Total Commitment Amount.
Amount of Commitment. Unless Lessee shall consent to otherwise, no Lessor may make any such assignment, conveyance or transfer if, as a consequence thereof, the transferor (if such Lessor retains any part of its Commitment) or transferee Lessor would have an Outstanding Investment of less than $5,000,000.
Amount of Commitment. Each Participant agrees to provide the sum of its respective Funding Commitment which sum will be used to fund loans and Purchase Participation Interests in accordance with the terms of this Agreement. The obligations of each Participant to make their respective Funding Commitments hereunder shall be several and not joint. Funding Commitments will be in a minimum amount or multiples of Two Hundred and Fifty Thousand Dollars ($250,000.00) with each commitment representing one (1) “Unit”, (i.e. $250,000.00 = one (1) unit).
Amount of Commitment. Subject to the terms and conditions of this Agreement, Lender agrees to make Advances from time to time until the applicable Maturity Date up to the maximum amount of the Borrowing Availability, provided that the aggregate amount of all Loan Allocations for all Lots and Homes to be included in the Borrowing Base at any time and from time to time, shall not exceed the lesser of (i) the Commitment Amount, or (ii) the Borrowing Availability at such time.
Amount of Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties set forth herein, if any, Fxxxxxx Mac agrees to purchase from the Seller Mortgages with an aggregate Loan Amount not to exceed One Hundred Million and 00/100 Dollars ($100,000,000.00) (the "Aggregate Commitment Available") under and pursuant to the Commitments executed by Fxxxxxx Mac pursuant to this Agreement at any time or from time to time during the term hereof. Subject to the provisions of Section 7.2 of this Agreement, (a) each Mortgage must be purchased pursuant to and conform to Fxxxxxx Mac's Multifamily Conventional Cash Mortgage Purchase Program, including without limitation all of Fxxxxxx Mac's then-current internal underwriting standards for its borrowers, guarantors, and their principals, and (b) except as expressly provided herein, all provisions of the Guide shall apply to the underwriting and purchase of such Mortgages. This Agreement is not a revolving credit facility and Borrowers may not borrow, repay and re-borrow with respect to this Agreement.
Amount of Commitment. No Lessor may make any such assignment, conveyance or transfer if, as a consequence thereof, the transferor (if such Lessor retains any part of its Commitment) or transferee Lessor would have an Outstanding Investment of less than 15% of the Lease Balance.
Amount of Commitment. The respective amount of each Bank's Commitment on the date hereof and its respective Commitment Percentage shall be as follows (except as may be modified pursuant to Section 18): Amount of Commitment Lender Commitment Percentage
Amount of Commitment. Percentage of Tranche: Tranche A Commitment $ 75,000,000 0 % Tranche B1 Commitment $ 65,000,000 0 % Tranche B2 Commitment $ 100,000,000 0 % Tranche D Commitment $ 100,000,000 100 % Total Commitment: $ 340,000,000 Annex II-C-1 Base Margin Requirement – Corporate Bond Securities Maturity Spread To Maturity Equal to 3 years Equal to 5 years Equal to 12 years Equal to 17 years Equal to 30 years Equal to 0.50% [ ]*% [ ]*% [ ]*% [ ]*% [ ]*% Equal to 1.25% [ ]*% [ ]*% [ ]*% [ ]*% [ ]*% Equal to 4.00% [ ]*% [ ]*% [ ]*% [ ]*% [ ]*% Equal to 6.00% [ ]*% [ ]*% [ ]*% [ ]*% [ ]*% Equal to 9.00% [ ]*% [ ]*% [ ]*% [ ]*% [ ]*% Equal to 12.00% [ ]*% [ ]*% [ ]*% [ ]*% [ ]*% Less or Equal to 20.00% [ ]*% [ ]*% [ ]*% [ ]*% [ ]*% * Base margin rates in the following tables depend on both the Credit Spread of the corporate bond (vertical axis) and the maturity of the corporate bond (horizontal axis). The base rates are bi-linearly interpolated within the table boundaries. For bonds with maturity less than 3 years, maturity greater than 30 years, or Credit Spread less than 50, the base rate is given by extending the boundary values of the table. _____________ *CONFIDENTIAL TREATMENT REQUEST - Confidential portion has been omitted and filed separately with the Commission. EXHIBIT B FORM OF NOTE [ ], 201[ ] FOR VALUE RECEIVED, the undersigned (the “Borrower”), hereby promises to pay to Deutsche Bank AG, New York Branch, and its successors and assigns (the “Administrative Agent”), in accordance with the provisions of the Credit Agreement (as defined below), the principal amount of each [Tranche A Loan]/[Tranche B1 Loan]/[Tranche B2 Loan]/[Tranche D Loan] from time to time made by the Lenders to the Borrower under that certain Credit Agreement dated as of August 22, 2011 (as hereafter amended from time to time, the “Credit Agreement;” the terms defined therein being used herein as therein defined) between the Borrower, the Administrative Agent and the lenders from time to time party thereto. The Borrower promises to pay interest on the unpaid principal amount of each [Tranche A Loan]/[Tranche B1 Loan]/[Tranche B2 Loan]/[Tranche D Loan] from the date of such Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Credit Agreement. The aggregate unpaid amount of all [Tranche A Loans]/[Tranche B1 Loans]/[Tranche B2 Loans]/[Tranche D Loans] recorded by the Administrative Agent on its books or set forth on the schedule attached hereto...
Amount of Commitment. Section 1.1 of the Restated Credit Agreement is amended to read as follows:
Amount of Commitment. As of the Effective Date, Lender shall lend to the Borrower, the principal sum of Three Hundred Seventy-five Thousand Dollars ($375,000.00) on the terms and conditions set forth in this Agreement.
