Common use of Maximum Commitment Clause in Contracts

Maximum Commitment. At any date, an amount equal to (a) $120,000,000, minus (b) the aggregate amount by which the Maximum Commitment has been permanently reduced pursuant to Section 2.12 on or prior to such date. Mortgages. See Section 8.16.

Appears in 2 contracts

Sources: Loan Agreement (Omnipoint Corp \De\), Loan Agreement (Omnipoint Corp \De\)