Aggregate Commitment definition

Aggregate Commitment means the aggregate of the Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Commitment is $500,000,000.
Aggregate Commitment means the aggregate of the Commitments of all the Lenders, as reduced or increased from time to time pursuant to the terms hereof.
Aggregate Commitment means the aggregate of the Commitments of all the Lenders, as reduced from time to time pursuant to the terms hereof.

Examples of Aggregate Commitment in a sentence

  • Each Advance hereunder shall consist of Loans made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment.

  • Promptly after receipt thereof, the Administrative Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, and repayment notice received by it hereunder.

  • If any reduction in the Aggregate Commitment occurs between the date of this Assignment Agreement and the Effective Date, the percentage interest specified in Item 3 of Schedule 1 shall remain the same, but the dollar amount purchased shall be recalculated based on the reduced Aggregate Commitment.

  • Promptly after receipt thereof, the Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, and repayment notice received by it hereunder.

  • The amount of any such Aggregate Commitment reduction shall not be applied to the Alternative Currency Sublimit or the Letter of Credit Sublimit unless otherwise specified by the Borrower.


More Definitions of Aggregate Commitment

Aggregate Commitment means the aggregate amount of the Lenders' Commitments hereunder, as such amount may be increased or reduced at any time or from time to time pursuant to Section 2.5. On the Closing Date, the Aggregate Commitment shall be Fifty Million Dollars ($50,000,000).
Aggregate Commitment means the aggregate of the Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Commitment is $250,000,000.
Aggregate Commitment means the Commitments of all the Lenders.
Aggregate Commitment means the aggregate amount of the Commitments of all Banks.
Aggregate Commitment means, at any time, the sum of the Commitments then in effect.
Aggregate Commitment the total of all Commitments of all Lenders, as may be reduced from time to time in accordance with the terms of this Agreement. On the Closing Date, the Aggregate Commitment shall be equal to $950,000,000.
Aggregate Commitment means the aggregate of the Commitments of all the Lenders hereunder. The initial Aggregate Commitment is $35,000,000.