Aggregate Combined Commitment definition

Aggregate Combined Commitment means the sum of the Aggregate Commitment and the “Aggregate Commitment” under the 364-Day Credit Agreement, as such amounts may be reduced or modified at any time or from time to time pursuant to the terms hereof and the terms of the 364-Day Credit Agreement. On the Effective Date, the Aggregate Combined Commitment is Seven Hundred Million Dollars ($700,000,000).
View Source
Aggregate Combined Commitment means the sum of the Aggregate ----------------------------- Commitment plus the Aggregate Incremental Commitment. ----
View Source
Aggregate Combined Commitment means the sum of the Aggregate Commitment and the “Aggregate Commitment” under the 364-Day Credit Agreement, as such amounts may be reduced or modified at any time or from time to time pursuant to the terms
View Source

Examples of Aggregate Combined Commitment in a sentence

  • As used herein, (A) “Applicable Prepayment Percentage” means (i) 100% until the Aggregate Combined Commitment shall have been reduced (other than pursuant to Article VII) to an amount equal to or less than $325,000,000 and (ii) 50% thereafter and (B) “Applicable Retention Amount” means (i) $10,000,000 until the Aggregate Combined Commitment shall have been reduced (other than pursuant to Article VII) to an amount equal to or less than $325,000,000 and (ii) $50,000,000 thereafter.

  • Each Committed Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof); provided, however, that any Alternate Base Rate Advance may be in the amount of the unused Aggregate Combined Commitment.

  • All accrued commitment and letter of credit fees to the effective date of any such reduction of the Aggregate Combined Commitment shall be paid on the effective date of such reduction.

  • Any reduction of the Aggregate Combined Commitment pursuant to this Section 2.05(c) shall be applied pro rata to each Bank's Commitment --------------- and/or Incremental Commitments in accordance with such Bank's Facility Percentage (and, in the case of a Bank with both a Commitment and one or more Incremental Commitments, allocated ratably among such Bank's Commitment and Incremental Commitment(s)).


More Definitions of Aggregate Combined Commitment

Aggregate Combined Commitment means the aggregate of the Aggregate Short Term Facility Commitment and the Aggregate Multi-Year Facility Commitment, as reduced from time to time pursuant to the terms hereof.
View Source