Bilateral Commitment definition

Bilateral Commitment means, in relation to a Bilateral Bank, the maximum amount from time to time of the Bilateral Facilities made available by such Bilateral Bank to the extent not cancelled.
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Bilateral Commitment with respect to the Bilateral Lender (and, if applicable, the Revolving Lender that has designated its Affiliate as the Bilateral Lender pursuant to Section 3.19), the maximum amount that the Bilateral Lender has agreed to make available from time to time during the Revolving Commitment Period under the Bilateral Facility; provided that at no time shall (a) the sum of (i) such Bilateral Commitment and (ii) the Available Revolving Commitment of the Bilateral Lender (or, if applicable, the Revolving Lender that has designated its Affiliate the Bilateral Lender) exceed (b) the Revolving Commitment of the Bilateral Lender (or, if applicable, such Revolving Lender).
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Bilateral Commitment with respect to the Bilateral Lender, the maximum amount that the Bilateral Lender has agreed to make available from time to time during the Revolving Commitment Period under the Bilateral Facility; provided that at no time shall (a) the sum of (i) such Bilateral Commitment and (ii) the Available Revolving Commitment of the Bilateral Lender exceed (b) the Revolving Commitment of the Bilateral Lender.
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Examples of Bilateral Commitment in a sentence

  • Subject to compliance with the requirements set forth in this Section 3.19, if the UK Borrower and a Revolving Lender agree, such Revolving Lender, in its capacity as the Bilateral Lender, shall be permitted to provide the Bilateral Facility on a bilateral basis to the UK Borrower, provided that the Bilateral Commitment shall not at any time exceed the Bilateral Commitment Limit.

  • On the date on which the Bilateral Facility expires, is terminated or is canceled (the “Bilateral Facility Termination Date”), the Available Revolving Commitment of the Bilateral Lender shall be increased by an amount equal to its Bilateral Commitment, unless the Revolving Commitments shall have been previously terminated.

  • The Bilateral Lender shall report in writing to the Administrative Agent on the first Business Day of each fiscal quarter (i) the Bilateral Facility Exposure for each day during the preceding fiscal quarter for the Bilateral Facility and (ii) the portion (expressed in Dollars) of its Bilateral Commitment that was unused on each day during the preceding fiscal quarter for the Bilateral Facility.

  • No Bilateral Bank is obliged to permit utilisations under any Bilateral Facility if this would render the aggregate Euro Equivalent of utilisations outstanding under that Bilateral Facility to be in excess of its Bilateral Commitment for that Bilateral Facility at any time.

  • Subject to compliance with the requirements set forth in this Section 3.19, if the UK Borrower and a Revolving Lender agree, such Revolving Lender or its designated Affiliate, in its capacity as the Bilateral Lender, shall be permitted to provide the Bilateral Facility on a bilateral basis to the UK Borrower, provided that the Bilateral Commitment shall not at any time exceed the Bilateral Commitment Limit.