Acceptance Commitment definition
Acceptance Commitment means, with respect to an Issuing Bank, the obligation of such Issuing Bank, pursuant to the terms and conditions of this Agreement, to create Acceptances for the account of the Borrowers.
Acceptance Commitment means, relative to the Fronting Bank, the Fronting Bank's obligation to create Acceptances pursuant to Section 2.1.2 and, with respect to each of the other Lenders, the obligations of each such Lender to participate in such Acceptances pursuant to the terms of this Agreement.
Acceptance Commitment means, with respect to the Issuer, the Issuer's obligation to create Acceptances pursuant to Section 2.1.3 and, with respect to each Revolving Lender, the obligation of such Lender to participate in such Acceptances pursuant to Section 2.9.2.
Examples of Acceptance Commitment in a sentence
The aggregate face amount of outstanding Banker's Acceptances at any time will not exceed the lesser of (a) the Banker's Acceptance Commitment or (b) the Borrowing Base less Revolving Credit Loans and Letters of Credit outstanding.
These included exposure as part of treatments such as CBT, Dialectical Behavioural Therapy (DBT) and Acceptance Commitment Therapy (ACT).
More Definitions of Acceptance Commitment
Acceptance Commitment. Acceptance Obligation", "Eligible Acceptance", "Eligibility Certificate", "Draft" and "Notice of Acceptance" in their entirety.
Acceptance Commitment shall have the meaning specified in Section 4 hereof.