Common use of Financing Commitment Clause in Contracts

Financing Commitment. The Lender shall not sell down, assign or otherwise transfer more than 60% of its aggregate original Commitment with respect to the Facilities at any time without the Borrower’s prior written consent.

Appears in 3 contracts

Sources: Facility Agreement, Facility Agreement (Aleris Ohio Management, Inc.), Facility Agreement (Aleris Ohio Management, Inc.)