Common use of Banks' Commitments Clause in Contracts

Banks' Commitments. No Bank is obliged to participate in the making of a Tranche 1 Advance, a Tranche 2 Advance or a Tranche 3 Advance if to do so would cause the aggregate of its participation in Tranche 1 Advances, Tranche 2 Advances or Tranche 3 Advances (as the case may be) outstanding under this Agreement to exceed its Tranche 1 Commitment, its Tranche 2 Commitment or its Tranche 3 Commitment (as the case may be).

Appears in 1 contract

Sources: Syndicated Senior Secured Debt Facility Agreement (Uih Australia Pacific Inc)

Banks' Commitments. No Bank is obliged to participate in the making of a Tranche 1 Advance, a Tranche 2 Advance or a Tranche 3 2 Advance if to do so would cause the aggregate of its participation in Tranche 1 Advances, Tranche 2 Advances or Tranche 3 2 Advances (as the case may be) outstanding under this Agreement to exceed its Tranche 1 Commitment, its Tranche 2 Commitment or its Tranche 3 2 Commitment (as the case may be).

Appears in 1 contract

Sources: Syndicated Senior Secured Debt Facility Agreement (United International Holdings Inc)