C ommitment definition

C ommitment means, at any time, whether used or unused, the obligation of each Bank to make Advances in an aggregate amount up to and including the amount set forth opposite such Bank’s name on S chedule VIII hereto under the caption “Commitments” or in an Assignment, as such amount may be terminated, reduced or increased pursuant to S ection 2.05 , S ection 2 .17 , S ection 8.01 or S ection 10.06 .
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C ommitment means, for each Lender, its Revolving Credit Commitment then in effect. “C ommitment Increase Option” shall have the meaning ascribed to it in Section 2.3(B). “C ompliance Certificate” shall have the meaning ascribed to it in Section 7.2(C)(ii).
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C ommitment means, for each Lender, the obligation of such Lender to make Loans to, and participate in Facility LCs issued upon the application of, the Borrower in an aggregate amount not exceeding the amount set forth on S chedule 3 or as set forth in any Notice of Assignment relating to any assignment that has become effective pursuant to S ection 1 2.3.2, as such amount may be modified from time to time pursuant to the terms hereof.
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Examples of C ommitment in a sentence

  • C ommitment to Pay Tuition By paying the Tuition Deposit, Parent promises to pay the scheduled tuition, less Tuition Deposit, Indexed Tuition Deduction, scholarships or discounts, if applicable, for the current (new students) or approaching (re-enrolling students) school year.


More Definitions of C ommitment

C ommitment means the unfunded portion of a line of credit or other commitment reflected on the books and records of the Failed Bank to make an extension of credit (or additional advances with respect to a Loan) that was legally binding on the Failed Bank as of Bank Closing, other than extensions of credit pursuant to the credit card business and overdraft protection plans of the Failed Bank, if any.
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Related to C ommitment

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Loan Commitment means, with respect to a Loan, the maximum aggregate amount, as defined by Lender in the applicable Commitment Letter, of advances available to be disbursed on such Loan.

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • Facility B Commitment refers collectively to the Facility B-1 Commitment and the Facility B-2 Commitment.