Aggregate Commitment Reduction Notice definition

Aggregate Commitment Reduction Notice has the meaning specified in Section 2.04(a).
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Aggregate Commitment Reduction Notice is defined in Section 2.5. ------------
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Examples of Aggregate Commitment Reduction Notice in a sentence

  • The Agent will promptly notify each Lender of the --------------------- contents of each Aggregate Commitment Reduction Notice, Borrowing Notice, Conversion/Continuation Notice, and Prepayment Notice received by it hereunder.

  • Except for the security interest granted to the Agent for the ratable benefit of the Credit Parties pursuant to this Agreement and the other Liens permitted to exist on the Collateral by the Credit Agreement, each Grantor owns each item of the Collateral free and clear of any and all Liens or claims of others.

  • The Borrower may ---------------------------------- permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in integral multiples of $1,000,000, upon at least three Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction (the "Aggregate Commitment Reduction Notice").

Related to Aggregate Commitment Reduction Notice

  • Commitment Reduction Notice has the meaning given that term in Section 2.13.

  • Aggregate Commitment Amount means the aggregate principal amount of the Aggregate Commitments from time to time. On the Closing Date, the Aggregate Commitment Amount equals $1,500,000,000.

  • 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 $500,000,000.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Total Commitment means, at any time, the sum of the Commitments of each of the Lenders at such time.