{"component": "clause", "props": {"groups": [{"samples": [{"hash": "9Eg28R3H9Iw", "uri": "/contracts/9Eg28R3H9Iw#year-commitment", "label": "Credit Agreement (CHS Inc)", "score": 26.6919917864, "published": true}, {"hash": "1zUdfCDOOsE", "uri": "/contracts/1zUdfCDOOsE#year-commitment", "label": "Credit Agreement (CHS Inc)", "score": 21.0, "published": true}], "snippet_links": [{"key": "borrower-shall", "type": "clause", "offset": [0, 14]}, {"key": "to-request", "type": "clause", "offset": [31, 41]}, {"key": "obligations-of", "type": "clause", "offset": [137, 151]}, {"key": "syndication-parties", "type": "definition", "offset": [156, 175]}], "size": 4, "snippet": "Borrower shall not be entitled to request a 5-Year Advance in an amount which, when added to the aggregate Individual Outstanding 5-Year Obligations of all Syndication Parties, would exceed the 5-Year Commitment.", "hash": "3fde0c916248f4106db96151c5136cce", "id": 1}, {"samples": [{"hash": "3bFL6IQrqes", "uri": "/contracts/3bFL6IQrqes#year-commitment", "label": "Contribution Agreement", "score": 30.9078628166, "published": true}, {"hash": "3xJQDL8tsTp", "uri": "/contracts/3xJQDL8tsTp#year-commitment", "label": "Contribution Agreement", "score": 25.0246406571, "published": true}, {"hash": "e1Po9d9MWwY", "uri": "/contracts/e1Po9d9MWwY#year-commitment", "label": "Contribution Agreement", "score": 22.3730321697, "published": true}], "snippet_links": [{"key": "naming-rights", "type": "definition", "offset": [13, 26]}, {"key": "upon-board-approval", "type": "clause", "offset": [27, 46]}, {"key": "check-appropriate-box", "type": "clause", "offset": [47, 68]}], "size": 3, "snippet": "Eligible for Naming Rights upon Board Approval Check appropriate box", "hash": "c38cc02dafd18d07dced217b2a8c54a8", "id": 2}, {"samples": [{"hash": "8Y5Aeczh35Z", "uri": "/contracts/8Y5Aeczh35Z#year-commitment", "label": "Credit Agreement (CHS Inc)", "score": 22.7440109514, "published": true}, {"hash": "e8wiS0o1fOS", "uri": "/contracts/e8wiS0o1fOS#year-commitment", "label": "Credit Agreement (Cenex Harvest States Cooperatives)", "score": 18.0, "published": true}], "snippet_links": [{"key": "bid-request", "type": "definition", "offset": [31, 42]}, {"key": "obligations-of", "type": "clause", "offset": [121, 135]}, {"key": "syndication-parties", "type": "definition", "offset": [140, 159]}], "size": 2, "snippet": "Borrower may not make a 3-Year Bid Request in an amount which, when added to the aggregate Individual Outstanding 3-Year Obligations of all Syndication Parties, would exceed the 3-Year Commitment.", "hash": "e7a0333594da5fa069a5c63ea1732b2f", "id": 3}, {"samples": [{"hash": "dmVN6YALfRb", "uri": "/contracts/dmVN6YALfRb#year-commitment", "label": "Credit Agreement (CHS Inc)", "score": 21.4188911704, "published": true}, {"hash": "afjAZhEhHtu", "uri": "/contracts/afjAZhEhHtu#year-commitment", "label": "Credit Agreement (CHS Inc)", "score": 21.4188911704, "published": true}], "snippet_links": [{"key": "the-administrative-agent", "type": "clause", "offset": [0, 24]}, {"key": "this-credit-agreement", "type": "clause", "offset": [87, 108]}, {"key": "pursuant-to", "type": "definition", "offset": [170, 181]}, {"key": "to-request", "type": "clause", "offset": [303, 313]}, {"key": "agent-shall", "type": "definition", "offset": [352, 363]}, {"key": "calculation-of-the-amount", "type": "clause", "offset": [471, 496]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [559, 587]}, {"key": "effect-of", "type": "definition", "offset": [595, 604]}, {"key": "compensation-owed", "type": "clause", "offset": [720, 737]}, {"key": "manifest-error", "type": "definition", "offset": [814, 828]}, {"key": "provided-that", "type": "clause", "offset": [830, 843]}, {"key": "reasonable-basis", "type": "definition", "offset": [878, 894]}], "size": 2, "snippet": "The Administrative Agent will notify Borrower of any event occurring after the date of this Credit Agreement that will entitle any such Syndication Party to compensation pursuant to this Section as promptly as practicable after it obtains knowledge thereof and of such Syndication Party\u2019s determination to request such compensation. The Administrative Agent shall include with such notice, a certificate from such Syndication Party setting forth in reasonable detail the calculation of the amount of such compensation. Determinations by any Syndication Party for purposes of this Section of the effect of any increase in the amount of capital required to be maintained by any such Syndication Party and of the amount of compensation owed to any such Syndication Party under this Section shall be conclusive absent manifest error, provided that such determinations are made on a reasonable basis.", "hash": "afea78c6daca44833997435f31f38e7b", "id": 4}, {"samples": [{"hash": "jGYMFfcllWP", "uri": "/contracts/jGYMFfcllWP#year-commitment", "label": "Competitive Advance and Revolving Credit Agreement (Tegna Inc)", "score": 32.3880903491, "published": true}], "snippet_links": [{"key": "commitment-period", "type": "definition", "offset": [21, 38]}, {"key": "the-borrower", "type": "definition", "offset": [40, 52]}, {"key": "in-accordance-with", "type": "definition", "offset": [173, 191]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [192, 216]}], "size": 1, "snippet": "During the Five-Year Commitment Period, the Borrower may use the Five-Year Commitments by borrowing, prepaying the Five-Year Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Notwithstanding anything", "hash": "b98e1bc86c2e7c4c55324e948832771c", "id": 5}, {"samples": [{"hash": "55fRibOZdzR", "uri": "/contracts/55fRibOZdzR#year-commitment", "label": "Credit Agreement (CHS Inc)", "score": 32.311430527, "published": true}], "snippet_links": [{"key": "borrower-shall", "type": "clause", "offset": [0, 14]}, {"key": "to-request", "type": "clause", "offset": [31, 41]}, {"key": "obligations-of", "type": "clause", "offset": [137, 151]}, {"key": "all-lenders", "type": "definition", "offset": [152, 163]}], "size": 1, "snippet": "Borrower shall not be entitled to request a 5-Year Advance in an amount which, when added to the aggregate Individual Outstanding 5-Year Obligations of all Lenders, would exceed the 5-Year Commitment.", "hash": "2dda428566a0e0fb883cf04348103898", "id": 6}, {"samples": [{"hash": "560PELYTBuf", "uri": "/contracts/560PELYTBuf#year-commitment", "label": "Competitive Advance and Revolving Credit Agreement (Tegna Inc)", "score": 35.0643394935, "published": true}], "snippet_links": [{"key": "commitment-period", "type": "definition", "offset": [21, 38]}, {"key": "the-borrower", "type": "definition", "offset": [40, 52]}, {"key": "in-accordance-with", "type": "definition", "offset": [173, 191]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [192, 216]}, {"key": "in-this-agreement", "type": "clause", "offset": [276, 293]}, {"key": "in-no-event", "type": "clause", "offset": [295, 306]}, {"key": "after-giving", "type": "clause", "offset": [308, 320]}, {"key": "use-of-proceeds", "type": "definition", "offset": [335, 350]}, {"key": "commitment-percentage", "type": "clause", "offset": [416, 437]}, {"key": "a-borrowing", "type": "definition", "offset": [466, 477]}, {"key": "available-commitment", "type": "definition", "offset": [528, 548]}, {"key": "at-the-time", "type": "clause", "offset": [549, 560]}, {"key": "aggregate-amount", "type": "definition", "offset": [591, 607]}, {"key": "extensions-of-credit", "type": "definition", "offset": [621, 641]}, {"key": "competitive-loans", "type": "definition", "offset": [656, 673]}, {"key": "effect-of", "type": "definition", "offset": [753, 762]}, {"key": "all-lenders", "type": "definition", "offset": [763, 774]}], "size": 1, "snippet": "During the Five-Year Commitment Period, the Borrower may use the Five-Year Commitments by borrowing, prepaying the Five-Year Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Notwithstanding anything to the contrary contained in this Agreement, in no event (after giving effect to the use of proceeds of any Borrowing) shall (i) the amount of any Lender\u2019s Five-Year Commitment Percentage multiplied by the amount of a Borrowing of Five-Year Loans exceed such \u2587\u2587\u2587\u2587\u2587\u2587\u2019s Five-Year Available Commitment at the time of such Borrowing or (ii) the aggregate amount of Five-Year Extensions of Credit and Five-Year Competitive Loans at any one time outstanding exceed the aggregate Five-Year Commitments then in effect of all Lenders.", "hash": "bd7e4f631468a044f750c03321523132", "id": 7}, {"samples": [{"hash": "lWCvmmHxx8U", "uri": "/contracts/lWCvmmHxx8U#year-commitment", "label": "Credit Agreement (Lsi Industries Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "commitment-of-the-lenders", "type": "clause", "offset": [4, 29]}, {"key": "year-facility", "type": "clause", "offset": [70, 83]}, {"key": "to-borrower", "type": "definition", "offset": [94, 105]}], "size": 1, "snippet": "The commitment of the Lenders to --------------------- make the Three-Year Facility available to Borrower.", "hash": "ad0b32db3e6a97015ea2bcd8dfb3ab9e", "id": 8}, {"samples": [{"hash": "kfYywnZW506", "uri": "/contracts/kfYywnZW506#year-commitment", "label": "Financial Agreement", "score": 26.0671771265, "published": true}], "snippet_links": [{"key": "in-order-to", "type": "clause", "offset": [0, 11]}, {"key": "a-commitment", "type": "definition", "offset": [60, 72]}, {"key": "full-school-year", "type": "definition", "offset": [81, 97]}, {"key": "withdrawal-policy", "type": "definition", "offset": [120, 137]}, {"key": "written-notice", "type": "definition", "offset": [161, 175]}, {"key": "all-children", "type": "clause", "offset": [192, 204]}, {"key": "day-notice", "type": "clause", "offset": [276, 286]}, {"key": "loss-of", "type": "definition", "offset": [384, 391]}, {"key": "covered-by", "type": "definition", "offset": [403, 413]}, {"key": "new-student", "type": "definition", "offset": [416, 427]}, {"key": "registration-fee", "type": "definition", "offset": [441, 457]}, {"key": "supply-fee", "type": "definition", "offset": [490, 500]}, {"key": "after-june", "type": "clause", "offset": [530, 540]}], "size": 1, "snippet": "In order to meet budgetary needs, we ask that families make a commitment for the full school year from September\u2014May. \u00b7 Withdrawal policy: A sixty-day verbal or written notice is required for all children withdrawing from Kingdom Kids. For any withdrawals with less than a 60 day notice, remaining tuition will not be refunded and the next two months\u2019 tuition is still due unless the loss of tuition is covered by a new student enrolling. \u00b7 Registration Fee : $150/child (Non-Refundable) \u00b7 Supply Fee : $100/child (Non-Refundable after June 30th)", "hash": "53c9381e28e6fd1181c9d3290e15ae83", "id": 9}, {"samples": [{"hash": "dUgCx24GZoz", "uri": "/contracts/dUgCx24GZoz#year-commitment", "label": "Operating Agreement", "score": 21.6187542779, "published": true}], "snippet_links": [{"key": "potential-owner", "type": "definition", "offset": [5, 20]}, {"key": "the-llc", "type": "clause", "offset": [37, 44]}, {"key": "a-commitment", "type": "definition", "offset": [66, 78]}, {"key": "without-penalty", "type": "definition", "offset": [133, 148]}, {"key": "an-owner", "type": "clause", "offset": [153, 161]}, {"key": "parts-of-this-agreement", "type": "clause", "offset": [437, 460]}, {"key": "in-effect", "type": "definition", "offset": [469, 478]}, {"key": "anniversary-date", "type": "definition", "offset": [530, 546]}, {"key": "to-maintain", "type": "clause", "offset": [655, 666]}], "size": 1, "snippet": "If a potential owner chooses to join the LLC, he or she will have a commitment of 2 years before they can terminate their membership without penalty. If an owner decides to terminate their position in the LLC before the 2 year commitment is fulfilled, they will incur a penalty as stated in paragraph (28). Distributions will be made as stated in paragraph (26) of this agreement. Once the 2 year commitment is fulfilled, then all other parts of this agreement will be in effect. The 2 year commitment will commence on his or her anniversary date into the LLC. 37) Capitalization of Assets: The LLC at times will make purchases to conduct its business or to maintain the various properties\u2019 condition. Any expense greater than", "hash": "a9231eda9eb139d9a804959ccaddd2e2", "id": 10}], "next_curs": "ClgSUmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjQLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihh5ZWFyLWNvbW1pdG1lbnQjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Year Commitment", "parents": [["existing-indebtedness-permitted-to-remain-outstanding", "Existing Indebtedness Permitted to Remain Outstanding"]], "children": [], "size": 15, "id": "year-commitment", "related": [["l-c-commitment", "L/C Commitment", "L/C Commitment"], ["the-commitment", "The Commitment", "The Commitment"], ["time-commitment", "Time Commitment", "Time Commitment"], ["revolver-commitment", "Revolver Commitment", "Revolver Commitment"], ["loan-commitment", "Loan Commitment", "Loan Commitment"]], "related_snippets": [], "updated": "2025-07-07T12:37:50+00:00", "also_ask": [], "drafting_tip": null, "explanation": "A Year Commitment clause establishes a binding obligation for one or both parties to maintain a contractual relationship or fulfill certain obligations for a specified period, typically one year. This clause may require a customer to subscribe to a service or lease equipment for a full year, often with penalties or fees for early termination. Its core practical function is to provide predictability and stability for both parties by ensuring a minimum duration of engagement, which helps with planning and resource allocation."}, "json": true, "cursor": ""}}