Additional Credit Commitments definition

Additional Credit Commitments means the Commitment of any Lender (including any increase to a Lender’s then existing Commitment), established pursuant to Section 2.09(d), to make Loans to the Borrower.
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Additional Credit Commitments means the Commitment of any Lender (including any increase to a Lender’s then existing Commitment), established pursuant to Section 2.09(d), to make Loans to the Borrowers.
Sample 1Sample 2Sample 3

Examples of Additional Credit Commitments in a sentence

  • Each such notice shall set forth (A) the amount of the Additional Credit Commitments being requested (which shall be in a minimum amount of $50,000,000) and (B) the date on which such Additional Credit Commitments are requested to become effective (which shall not be less than ten business days (or such shorter period as may be acceptable to the applicable Additional Credit Lender) nor more than 45 days after the date of such notice (an “Increase Effective Date”)).

  • Each such notice shall set forth (A) the amount of the Additional Credit Commitments being requested (which shall be in a minimum amount of $10,000,000) and (B) the date on which such Additional Credit Commitments are requested to become effective (which shall not be less than 10 days (or such shorter period as may be acceptable to the applicable Additional Credit Lender) nor more than 45 days after the date of such notice).

  • Each Additional Credit Lender's Additional Credit Commitment shall expire on the Revolving Loan Commitment Termination Date and all Additional Credit Loans and all other amounts owed hereunder with respect to the Additional Credit Loans and the Additional Credit Commitments shall be paid in full no later than that date.

  • Any mandatory reduction of the Additional Credit Commitments pursuant to subsection 2.4B(iii) shall be applied on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) to each scheduled reduction of the Additional Credit Commitments referred to in subsection 2.4A(ii) that is remaining at the time of such mandatory reduction.

  • Each such notice shall set forth (i) the amount of the Additional Credit Commitments being requested (which shall be in a minimum amount of $2,500,000) and (ii) the date on which such Additional Credit Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice).

  • Anything contained in this Agreement to the contrary notwithstanding, the Additional Credit Loans and the Additional Credit Commitments shall be subject to the limitation that in no event shall the aggregate amount of Additional Credit Loans at any time exceed the Additional Credit Commitments then in effect and applicable to such Additional Credit Loans.

  • Any voluntary reduction of the Additional Credit ----------- Commitments pursuant to subsection 2.4B(ii) shall be applied on a pro rata basis to reduce the scheduled reductions of the Additional Credit Commitments set forth in subsection 2.4A(ii).

  • Notwithstanding any of the foregoing, this Agreement may be amended to extend the Maturity Date or to provide for Additional Credit Commitments in the manner contemplated by Sections 2.09(d) and (e) and without any additional consents.

  • Any ----------------------------------------------------- amount required to be applied as a mandatory prepayment of the Loans and/or a reduction of the Commitments pursuant to subsections 2.4B(iii)(a)-(c) shall be applied first to permanently reduce the ----- Additional Credit Commitments and Revolving Loan Commitments on a pro rata basis and then, to the extent that the Revolving Loan Commitments are less than the Letter of Credit Usage, cash collateralize Letters of Credit outstanding.

  • Any Lender that does not so notify the Agent within such period shall not be deemed to have committed to any such requested Additional Credit Commitments.

Related to Additional Credit Commitments

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.