Aggregate Elected Commitment Amounts definition

Aggregate Elected Commitment Amounts at any time shall equal the sum of the Elected Commitments, as the same may be (a) increased, reduced or terminated pursuant to Section 2.1(d), and (b) modified from time to time pursuant to assignments in accordance with Section 10.7(b). As of the Second Amendment Effective Date, the Aggregate Elected Commitment Amounts are $400,000,000.
Aggregate Elected Commitment Amounts at any time shall equal the sum of the Elected Commitments, as the same may be increased, reduced or terminated pursuant to Section 2.06(c). As of the Sixth Amendment Effective Date, the Aggregate Elected Commitment Amounts are $480,000,000.
Aggregate Elected Commitment Amounts means, at any time, an amount equal to the sum of the Elected Commitments of the Lenders, as the same may be increased, reduced or terminated pursuant to Section 2.06(c). As of the Effective Date, the Aggregate Elected Commitment Amounts of the Lenders is $170,000,000.

Examples of Aggregate Elected Commitment Amounts in a sentence

  • The Lenders (including the New Lender) hereby agree that (a) for the period from and including the First Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be increased from $1,500,000,000.00 to $1,600,000,000.00 and (b) the Aggregate Elected Commitment Amounts shall be increased from $1,000,000,000.00 to $1,200,000,000.00 effective as of the First Amendment Effective Date.

  • No increase in the Aggregate Elected Commitment Amounts shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this Section 2.06(c)(iv).

  • Each reduction of the Aggregate Elected Commitment Amounts shall be made ratably among the Lenders in accordance with each Lender’s Applicable Percentage.

  • Drainage-The contractor (s) shall provide sufficient arrangements for draining away sullage water so as to keep the camp neat and tidy.

  • Notwithstanding anything in Section 3(a)(y) of the Amended Limited Waiver to the contrary, the Borrower shall not be required to reduce the Aggregate Elected Commitment Amounts in connection with any Disposition of the Properties set forth in Annex A hereto; provided that, the aggregate gross proceeds of such Dispositions are approximately $1,000.


More Definitions of Aggregate Elected Commitment Amounts

Aggregate Elected Commitment Amounts at any time means the sum of the Elected Commitments, as the same may be increased, reduced or terminated pursuant to Section 2.06(c). As of the First Amendment Effective Date, the Aggregate Elected Commitment Amounts are $1,200,000,000.00.
Aggregate Elected Commitment Amounts at any time shall equal the sum of the Elected Commitments, as the same may be increased, reduced or terminated pursuant to Section 2.06(c). As of the Third Amendment Effective Date, the Aggregate Elected Commitment Amounts are $1,600,000,000.
Aggregate Elected Commitment Amounts. Applicable Margin”, “Borrowing Base” and “Loan Documentscontained in Section 1.02 of the Credit Agreement are hereby amended and restated in their entirety to read in full as follows:
Aggregate Elected Commitment Amounts means, at any time, and amount equal to the sum of the Elected Commitments, as the same may be
Aggregate Elected Commitment Amounts means, at any time, and amount equal to the sum of the Elected Commitments, as the same may be (a) increased, reduced, or terminated pursuant to Section2.04 and (b) modified from time to time pursuant to assignments in accordance with Section 9.07(b). As of the Amendment No. 12 Effective Date, the Aggregate Elected Commitment Amounts are$400,000,000.
Aggregate Elected Commitment Amounts at any time shall equal the sum of the Elected Commitments, as the same may be (a) increased, reduced or terminated pursuant to Section 2.1(d), and (b) modified from time to time pursuant to assignments in accordance with Section 10.7
Aggregate Elected Commitment Amounts at any time shall equal the lesser of (a) the Facility Amount and (b) the sum of the Elected Commitment Amounts, as the same may be increased, reduced or terminated pursuant to Section 2.06.