Common use of Available Commitment Clause in Contracts

Available Commitment. After making the Loans requested on such Borrowing Date, the aggregate outstanding principal amount of Term Loans shall not exceed the aggregate amount of Term Loan Commitments.

Appears in 3 contracts

Sources: Credit Agreement, Credit Agreement (XINHUA SPORTS & ENTERTAINMENT LTD), Credit Agreement (Xinhua Finance Media LTD)

Available Commitment. After making the Loans requested on such Borrowing Date, (i) the aggregate outstanding principal amount of Revolving Credit Loans shall not exceed the aggregate amount of Revolving Credit Commitments, and (ii) the aggregate outstanding principal amount of Term Loans shall not exceed the aggregate amount of Term Loan Commitments, as applicable, then in effect.

Appears in 1 contract

Sources: Credit Agreement