Adjusted Total Commitment definition

Adjusted Total Commitment means, at any time, the Total Commitment less the aggregate amount of Commitments of all Defaulting Lenders.

Adjusted Total Commitment means at any time the amount of the Total Commitments less the aggregate Commitments of all Defaulting Lenders.

Adjusted Total Commitment means, at any time, the Total Commitment less the aggregate amount of Commitments of all Defaulting Lenders. “Administrative Agent” shall mean MUFG Union Bank, N.A., as the administrative agent for the Lenders under this Agreement and the other CreditDocuments, or any successor administrative agent appointed in accordance with the provisions of Section 12.10.

Examples of Adjusted Total Commitment in a sentence

• If on any date the sum of the outstanding principal amount of Revolving Loans made by Non-Defaulting Lenders, Swingline Loans and Competitive Bid Loans and the aggregate amount of Letter of Credit Outstandings (all the foregoing, collectively, the "Aggregate Outstandings") exceeds the Adjusted Total Commitment as then in effect, the Borrower shall repay on such date the principal of Swingline Loans and, after Swingline Loans have been paid in full, Revolving Loans, in an amount equal to such excess.

• If, after giving effect to the prepayment of all outstanding Revolving Loans, the Aggregate Outstandings exceed the Adjusted Total Commitment then in effect, the Borrower shall repay on such date the principal of Competitive Bid Loans in an aggregate amount equal to such excess, provided that no Competitive Bid Loan shall be prepaid pursuant to this sentence unless the Bank that made same consents to such prepayment.

• If on any date prior to the Commitment Expiry Date the sum of the outstanding principal amount of Revolving Loans made by Non-Defaulting Banks and Competitive Bid Loans and the aggregate amount of Commercial Paper Outstandings (all the foregoing, collectively, the "Aggregate Outstandings") exceeds the Adjusted Total Commitment as then in effect, the Borrower shall repay on such date the principal of the Revolving Loans in an amount equal to such excess.

• If after giving effect to such repayment, the Letter of Credit Outstandings (less any amount thereof as to which Section 2.02 Arrangements are in place) exceeds the Adjusted Total Commitment, the Borrower shall pay to the Agent an amount in cash and/or Cash Equivalents equal to such excess and the Agent shall hold such payment pursuant to the L/C Cash Collateral Agreement as security for the obligations of the Borrower in respect of Letters of Credit.

• If on any date prior to the Commitment Expiry Date ------------ the sum of the outstanding principal amount of Revolving Loans made by Non- Defaulting Banks and Competitive Bid Loans and the aggregate amount of Commercial Paper Outstandings (all the foregoing, collectively, the "Aggregate Outstandings") exceeds the Adjusted Total Commitment as then in effect, the Borrower shall repay on such date the principal of the Revolving Loans in an amount equal to such excess.

More Definitions of Adjusted Total Commitment

Adjusted Total Commitment means at any time (i) the Total Commitment at such time less (ii) the aggregate Commitments at such time of all Defaulting Banks.

Adjusted Total Commitment means, at any time, the Total Commitment l ess the aggregate amount of Commitments of all Defaulting Lenders.

Adjusted Total Commitment means at any time the Total Revolving Loan Commitment less the aggregate Revolving Loan Commitments of all Defaulting Banks.

Adjusted Total Commitment means, for any date on or after the ------------------------- first Amortization Date, the greater of (x) the sum of (i) the outstanding principal balance of Revolving Loans, plus (ii) the aggregate Letter of Credit ---- Obligations, plus (iii) the aggregate Acceptance Obligations, in each case, as ---- of the immediately preceding Amortization Date (or if such date is an Amortization Date, as of such date) or (y) the amount listed opposite the immediately preceding Amortization Date (or if such date is an Amortization Date, listed opposite such date) in the definition of Projected Commitments. Affiliate shall mean (i) a Controlling Person or any Person which is --------- controlled by or is under common control with a Controlling Person and (ii) any other Person who is a director, officer or member of management of the Borrower, any of its Subsidiaries or any Controlling Person. For purposes of this Credit Agreement, control of a Person shall mean the power, direct or indirect, (a) to vote ten percent (10%) or more of the outstanding stock or other ownership interests having ordinary voting power for the election of directors of such Person or (b) to direct or cause the direction of the management and policies of such Person whether by contract or otherwise. Agent shall mean BTCo as provided in the preamble to this Credit ----- Agreement or any successor to BTCo. Amortization Date shall mean each date listed under the caption ----------------- "Amortization Date" in the definition of Projected Commitments. Ancillary Documents shall mean the Proprietary Rights Collateral ------------------- Documents, the Security Agreement, the Pledge Agreements, the Mortgages and the Collateral Assignments. Apollo shall mean Apollo Advisors, L.P. and Lion Advisors, L.P., both ------ Delaware limited partnerships. Applicable Lending Office shall mean, with respect to each Lender, ------------------------- such Lender's LIBOR Lending Office in the case of a LIBOR Rate Loan, and such Lender's Domestic Lending Office in the case of a Prime Rate Loan. Asset Disposition shall mean any sale, transfer, lease, license, grant ----------------- of right to use, assignment or other disposition of any asset (including Proprietary Rights) by the Borrower or any Subsidiary thereof, excluding, however, (i) any sale or disposition of Inventory in the ordinary course of business by a Borrower or Subsidiary, (ii) any license or grant of right to use any Proprietary Rights existing prior to...

Adjusted Total Commitment means at any time during the term of this Agreement the then current Total Class B Lender Commitment (as shown on Schedule 1 as amended from time to time as the subject Class B Lender Commitment changes) multiplied by seven (7).

Adjusted Total Commitment means the amount equal to 85% of the Total Commitment as in effect on the Closing Date.

Adjusted Total Commitment means $4,100,000.