Acquisition Commitment means, with respect to any Acquisition Lender at any time, the amount set forth opposite such Lender's name on Schedule I hereto under the caption "Acquisition Commitment" or, if such Lender has entered into one or more Assignments and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(d) as such Lender's "Acquisition Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.05.
Acquisition Commitment means, as to each Acquisition Lender, its obligation to make Acquisition Loans to the Borrowers pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Acquisition Lender’s name on Schedule 2.01 under the caption “Acquisition Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Acquisition Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.
Acquisition Commitment has the meaning specified in Section 2.1(a).
Examples of Acquisition Commitment in a sentence
Each reduction of the Long-term Acquisition Commitment under this Section 2.11(b) shall also result in an automatic reduction of the Letter of Credit Commitment on a nine dollar-to-one dollar basis.
Each Acquisition Loan by a Lender shall be in a principal amount equal to such Lender's Acquisition Commitment Percentage of the aggregate principal amount of Acquisition Loans requested or required on such occasion.
For any other amendment of a High Value Acquisition Commitment, the approval process for a non-competitive High Value Acquisition would apply.
Subject to the terms and conditions set forth herein, each Acquisition Lender severally agrees to make Acquisition Loans to the Borrowers from time to time, on any Business Day during the Availability Period for the Acquisition Facility, in an aggregate amount not to exceed such Acquisition Lender’s Acquisition Commitment.
It is not possible to exercise the Acquisition Commitment with respect to free allocation rights acquired on the market.
More Definitions of Acquisition Commitment
Acquisition Commitment means, (a) as to any Lender, the obligation of such Lender to make Acquisition Loans to the Borrower hereunder in an aggregate principal amount at any time outstanding not to exceed the amount so designated opposite such Lender's name on SCHEDULE 1 hereto, as the same may be reduced or modified at any time or from time to time pursuant to the terms hereof, and (b) as to all Lenders, the aggregate commitment of all Lenders to make Acquisition Loans, as such amount may be reduced at any time from time to time pursuant to the terms hereof. The Acquisition Commitment of all Lenders on the Closing Date shall be Twenty-Five Million Dollars ($25,000,000).
Acquisition Commitment means an amount equal to $125,000,000 to become available for Borrowing with effect from the Waterfall Acquisition Effective Date.
Acquisition Commitment means the obligation of the Bank to make the Acquisition Loans under this Agreement in the aggregate principal amount of up to $10,000,000, as such amount may be reduced or otherwise modified from time to time.
Acquisition Commitment means, with respect to each Lender, the amount, if any, specified by such Lender in a written notice to the Borrower and the Administrative Agent as its Acquisition Commitment in response to a written request by the Borrower to some or all of the then existing Lenders and to other Eligible Transferees acceptable to the Agents and the Borrower to provide Acquisition Commitments (or such lesser amount as is allocated to such Lender by the Agents if the aggregate Acquisition Commitments offered by all Lenders exceed the maximum Acquisition Commitments requested by the Borrower (which maximum shall not exceed $165 million) and which amount shall be set forth opposite such Lender's name in a revised Annex I prepared by the Administrative Agent directly below the column entitled "Acquisition Commitment," as the same may be (x) reduced or terminated from time to time pursuant to Section 2.02, 2.03 and/or 8 or (y) adjusted from time to time as a result of assignments to or from such Lender pursuant to Section 1.13 and/or 11.04.
Acquisition Commitment means the aggregate principal amount which Banks have agreed to make available under Paragraph 2.1(b) hereof, being Sixty Million Dollars ($60,000,000) on the date hereof, subject to adjustment from time to time in accordance with Paragraphs 2.1(e) and 2.8 hereof; except, however, that from and after the date of the Fifth Amendment, such aggregate principal amount shall be not more than $42,458,135.25.
Acquisition Commitment means, as to any Bank and on each relevant date of determination, the obligation of such Bank to make Acquisition Loans to Operating Subsidiary in an aggregate principal amount at any one time outstanding not exceeding the amount set forth opposite such Bank's name in Annex A under the caption "Acquisition Commitment", as the same may be reduced from time to time pursuant to this Agreement, including reductions attributable to each Unavailable Commitment for the applicable quarterly period.
Acquisition Commitment means the lesser of Four Million Eight Hundred Sixty Five Thousand Dollars and No/100 ($4,865,000.00) or 90% of Borrower's cost to acquire the Property pursuant to that certain Purchase and Sale Agreement dated August 6, 1995 between Borrower, as purchaser, and The Villas at Monterey Limited Partnership, 209 Tango Limited Partnership and First Wilkow Venture, as seller, as amended ("Sale Agreement").