Alternative Financing Commitment definition

Alternative Financing Commitment means an alternative financing commitment arranged by the Buyer on terms and conditions satisfactory to it in its sole discretion in the event that all or any portion of the Specified Financing becomes unavailable on the terms and conditions described in or contemplated by the Specified Financing Commitment for any reason; (vi) “Alternative Financing Source” means any financing source that is a party to an Alternative Financing Commitment; (vii) “Alternative Financing” means the financing on terms and conditions satisfactory to the Buyer in its sole discretion described in the Alternative Financing Commitment; (viii) “Financing Commitment” means the Specified Financing Commitment together with any Alternative Financing Commitment; and (ix) “subsidiary” shall mean, with respect to any person, any corporation or other person whether incorporated or unincorporated, of which at least a majority of the securities or interests having by their terms thereof ordinary voting power to elect at least a majority of the board of directors or other similar governing body of such corporation or other person is directly or indirectly owned or controlled by such person. If any date on which any action is required to be taken under this Agreement is not a business day, such action shall be required to be taken on the next succeeding business day.
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Alternative Financing Commitment has the meaning set forth in Section 5.8(a). “Antitrust Laws” has the meaning set forth in Section 5.15.
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Alternative Financing Commitment has the meaning set forth in Section 5.8(a).
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Examples of Alternative Financing Commitment in a sentence

  • Nothing in this Section 9.3 shall in any way expand the circumstances in which Purchaser may be liable under this Agreement, any of the transactions contemplated hereby, the Debt Commitment Letter or the Debt Financing (or any Alternative Financing Commitment Letter or Alternative Financing, as applicable).

  • Defined Term Section Accountants 3.2(b)(ii) Agreement Preamble Allocation 3.5 Alternative Financing 6.11(b) Alternative Financing Commitment Letter 6.11(b) Applicable Parties 9.3 Balance Sheet Date 4.5(c) *** Confidential treatment has been requested for redacted portions of this exhibit.

  • The funding of the term loans in an amount sufficient to pay the Required Amount (as defined in the Merger Agreement) and the initial availability of the revolving commitments, in each case comprising part of the Debt Financing as contemplated by the Debt Financing Commitment Letter or any Permitted Alternative Financing Commitment Letter, in each case, will have occurred prior to or will occur contemporaneously with the Closing subject to the terms and conditions, as applicable, thereof.

  • There are no conditions or other contingencies related to the provision, funding or investing of the full amount of the Financing (including pursuant to any market flex provisions in the fee letter or otherwise), other than as expressly set forth in the Commitment Letters delivered to Seller prior to the date hereof (or, in the case of any Alternative Financing Commitment Letter, at the time provided for in Section 5.16).

  • Notwithstanding the foregoing, NAEL hereby agrees to pay on the Closing Date C$1.82 million in fees and expenses to Paribas and/or any other lender(s) relating to the Alternative Financing Commitment.


More Definitions of Alternative Financing Commitment

Alternative Financing Commitment shall have the meaning given such term in Section 3.1 of the Agreement.
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Alternative Financing Commitment means, with respect to any Alternative Financing Provider, such Alternative Financing Provider’s legally valid and binding commitment to provide Alternative Financing. The amount of any Alternative Financing Provider’s Alternative Financing Commitment is the amount of Alternative Financing that such Alternative Financing Provider has made a legally valid and binding commitment to provide in cash, or in the case where such Alternative Financing Provider’s commitment is not capped, an amount equal to the total amount of Alternative Financing reasonably expected to be provided by such Alternative Financing Provider taking into account the then-current Eligible Loan SPA Project Back-Log and the aggregate amount of Alternative Financing Commitments from all other Alternative Financing Providers.
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Related to Alternative Financing Commitment

  • Financing Commitment shall have the meaning set forth in Section 6.4.

  • Financing Commitments has the meaning set forth in Section 5.7.

  • Refinancing Commitments shall have the meaning provided in Section 2.14(h).

  • Alternative Financing has the meaning set forth in Section 5.14(b).

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in substantially the form of Exhibit F (appropriately completed, and with such modifications as may be reasonably satisfactory to the Administrative Agent) executed and delivered in accordance with Section 2.14.

  • Debt Commitment Letters shall have the meaning set forth in Section 5.7(a), as supplemented by Section 6.11, as applicable.

  • Commitment Letters has the meaning set forth in Section 4.5.

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Equity Commitment Letters has the meaning set forth in Section 6.6(a).

  • Debt Commitment Letter has the meaning set forth in Section 4.20.

  • Equity Commitment Letter has the meaning set forth in Section 3.4(a).

  • Debt Financing has the meaning set forth in Section 5.7.

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Equity Commitment means (a) options, warrants, convertible securities, exchangeable securities, subscription rights, conversion rights, exchange rights, or other Contracts that could require a Person to issue any of its Equity Interests or to sell any Equity Interests it owns in another Person; (b) any other securities convertible into, exchangeable or exercisable for, or representing the right to subscribe for any Equity Interest of a Person or owned by a Person; (c) statutory pre-emptive rights or pre-emptive rights granted under a Person's Organizational Documents; and (d) stock appreciation rights, phantom stock, profit participation, or other similar rights with respect to a Person.

  • Backstop Commitment has the meaning set forth in Section 2.2(b).

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Incremental Commitment means any commitment made by a lender to provide all or any portion of any Incremental Facility or Incremental Loan.

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Refinancing Lender means, at any time, any bank, other financial institution or institutional investor that agrees to provide any portion of any Credit Agreement Refinancing Indebtedness pursuant to a Refinancing Amendment in accordance with Section 2.28; provided that each Refinancing Lender (other than any Person that is a Lender, an Affiliate of a Lender or an Approved Fund of a Lender at such time) shall be subject to the approval of the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) (such approval not to be unreasonably withheld or delayed), in each case to the extent any such consent would be required from the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) under Section 10.4(b) for an assignment of Loans or Commitments to such Refinancing Lender.