Total Term Loan Commitment. Notwithstanding anything that may be construed to the contrary in this Agreement, the aggregate principal amount of all Term Loans outstanding at any time shall not exceed the aggregate amount of Construction Loans outstanding on the Term-Period Commencement Date after giving effect to any Punchlist Drawing, any Dow Change Order Drawing, any Dow Performance Test Drawing and any True-Up Drawing (such amount, as reduced from time to time, the "Total Term Loan Commitment").
Appears in 1 contract
Sources: Credit Agreement (Calpine Corp)
Total Term Loan Commitment. Notwithstanding anything that may be construed to the contrary in this Agreement, the aggregate principal amount of all Term Loans outstanding at any time shall not exceed the aggregate amount of Construction Loans outstanding as of the Term Conversion Date (including, for the avoidance of doubt, the amount of any Construction Loans made on the Term-Period Commencement Date after giving effect to any Punchlist Drawing, any Dow Change Order Drawing, any Dow Performance Test Drawing and any True-Up Drawing such date) (such maximum amount, as reduced from time to time, the "βTotal Term Loan Commitment"β).
Appears in 1 contract
Sources: First Lien Credit Agreement (Fortress Transportation & Infrastructure Investors LLC)