Alternative Commitment definition

Alternative Commitment shall have the meaning set forth in Section 2(e) hereof.
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Alternative Commitment has the meaning set forth in Section 5.7(c)).
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Alternative Commitment means an Alternative Senior Term Facility A Commitment or an Alternative Senior Term Facility B Commitment;
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Examples of Alternative Commitment in a sentence

  • For the avoidance of doubt, the Fee shall not be payable if the Alternative Commitment is funded in full at or prior to the Closing.

  • The rights and obligations of LandCo may be assigned to LandCo Alternative as provided below, as long as (a) the Bondholders have not previously made a Firm Backstop Commitment before the maturity of the Exclusivity Period shall have expired, or (b) the Company accepts any Alternative Commitment (as such term is defined on the Plan Support Agreement and its Exhibits) without breaching any of its obligations under the Exclusivity Agreement.

  • In such event, the term “Financing” as used in this Agreement shall be deemed to include any Alternative Financing, and the term “Commitment Letter” as used in this Agreement shall be deemed to include any Alternative Commitment Letter.

  • Release date: April 24, 2000 This Tip Reporting Alternative Commitment (TRAC) agreement is part of the Tip Rate Determination/Education Program that the Internal Revenue Service implemented in 1993 to promote tip reporting compliance by employees in accordance with the Internal Revenue Code of 1986.

  • Parent shall promptly provide true, complete and correct copies of such Alternative Commitment Letter(s) to the Company.

  • In the event Alternative Commitment Letter(s) are obtained, the definitions of “Commitment Letters” and “Committed Financing” set forth in this Agreement shall be deemed to have been modified as appropriate to reflect such Alternative Commitment Letter(s) and such Alternative Financing contemplated thereby.

  • In such event, the term “Debt Financing” as used in this Agreement (other than in this Section 5.18(c)) shall be deemed to include any Alternative Financing, the term “Debt Commitment Letter” as used in this Agreement (other than in this Section 5.18(c)) shall be deemed to include any Alternative Commitment Letter, and the term “Debt Financing Agreement” as used in this Agreement (other than in this Section 5.18(c)) shall be deemed to include any Alternative Financing Agreement.

  • The terms and conditions of the Debt Commitment Letter and any Alternative Commitment Letters shall be reasonably satisfactory in form and substance to Seller.

  • Buyer shall have delivered to Seller and/or its Affiliates an addendum to Attachment A of the Tip Reporting Alternative Commitment (the "TRAC Agreement") between the Internal Revenue Service (the "IRS") and Seller for filing with the District Director of the Manhattan District of the IRS.

  • Silgan will furnish to Seller correct and complete copies of any Alternative Commitment Letters and ancillary documents thereto.

Related to Alternative Commitment

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

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.

  • Group Commitment means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such Purchaser Group.

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”