2008 Credit Agreement Commitment definition

2008 Credit Agreement Commitment means the aggregate amount of the commitments to make Advances under the 2008 Credit Agreement, as such amount is permanently reduced from time to time, provided that after the termination or expiration of all such commitments, then the outstanding amount of the 2008 Credit Agreement Commitment shall be deemed equal to the outstanding principal balance of all Advances. As of the date hereof (i.e., February 17, 2009), the 2008 Credit Agreement Commitment equals $175,000,000. Without duplication of any permanent reduction to the amount of the commitments to make Advances under the 2008 Credit Agreement as provided under the terms thereof, for all purposes of this Agreement the amount of the commitments to make Advances under the 2008 Credit Agreement shall be deemed to be reduced by the 2008 Credit Agreement Reduction Amount. Notwithstanding anything herein to the contrary, any reduction in the 2008 Credit Agreement Commitment shall be effective for purposes of this Agreement only to the extent that the outstanding principal amount of all Advances under the Credit Agreement has been reduced to an amount equal to or less than all commitments to make Advances under the 2008 Credit Agreement.
2008 Credit Agreement Commitment means the aggregate amount of the commitments to make Advances under the 2008 Credit Agreement, as such amount is permanently reduced from time to time, provided that after the termination or expiration of all such commitments, then the outstanding amount of the 2008 Credit Agreement Commitment shall be deemed equal to the outstanding principal balance of all Advances. As of the date hereof, the 2008 Credit Agreement Commitment equals $175,000,000. Without duplication of any permanent reduction to the amount of the commitments to make Advances under the 2008 Credit Agreements as provided under the terms thereof, for all purposes of this Agreement the amount of the commitments to make Advances under the 2008 Credit Agreements shall be deemed to be reduced by the 2008 Credit Agreement Reduction Amount. Notwithstanding anything herein to the contrary, any reduction in the 2008 Credit Agreement Commitment shall be effective for purposes of this Agreement only to the extent that the outstanding principal amount of all Advances under the Credit Agreement has been reduced to an amount equal to or less than all commitments to make Advances under the 2008 Credit Agreement; provided that it is acknowledged that the provisions of this sentence will not apply to the reductions in the commitments to make Advances under the 2008 Credit Agreement specified in Sections 2.3(b) and 2.3(e) of the 2008 Credit Agreement as in effect on the date hereof, as those reductions are made only in connection with a payment being made in the amount of such reduction.

Related to 2008 Credit Agreement Commitment

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • New Credit Agreement means the new credit agreement entered into as of December 23, 2021 in connection with the Closing of the Business Combination, by Fathom OpCo, certain lenders, and JPMorgan Chase Bank, N.A., as administrative agent thereunder.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.