CapEx Loan Commitment definition

CapEx Loan Commitment means an amount equal to Five Hundred Thousand and No/100 Dollars ($500,000.00).

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CapEx Loan Commitment means an amount equal to $10,000,000, it being understood and agreed that in no event shall the aggregate principal amount of all CapEx Loan advances made by the Bank from time to time exceed $10,000,000.

CapEx Loan Commitment means (a) as to any Lender, the commitment of such Lender to make CAPEX Advances as set forth on the signature page of this Agreement opposite such Lender's signature or in the most recent Lender Addition Agreement, if any, executed by such Lender and (b) as to all Lenders, the aggregate commitment of all Lenders to make CAPEX Advances.

Examples of CapEx Loan Commitment in a sentence

If any Default or Event of Default has occurred and is continuing, Agent may (and at the written request of the Requisite CapEx Lenders shall), without notice, suspend the CapEx Loan Commitment with respect to additional CapEx Advances, whereupon any additional CapEx Advances shall be made or incurred in Agent's sole discretion (or in the sole discretion of the Requisite CapEx Lenders, if such suspension occurred at their direction) so long as such Default or Event of Default is continuing.
Upon any such reduction or termination of the CapEx Loan Commitment, Borrower's right to request CapEx Advances shall simultaneously be permanently reduced or terminated, as the case may be.
Due to the injury risk associated with football participation, services provided by the site athletic trainer will be available for football contact camps.
The CapEx Loan Commitment Fee provided in this subsection 2.13(f) shall be payable monthly in arrears on the first day of each calendar month (commencing on the first such date occurring after the Restatement Effective Date) at all times from and after the Restatement Effective Date until the CapEx Loan Commitment Termination Date.
The Pro Rata Share of the CapEx Loan of any CapEx Lender shall not at any time exceed its separate CapEx Loan Commitment.

More Definitions of CapEx Loan Commitment

CapEx Loan Commitment means an amount equal to $2,500,000, it being understood and agreed that in no event shall the aggregate principal amount of all CapEx Loan advances made by the Bank from time to time exceed $2,500,000.

CapEx Loan Commitment means, at any time, as to each Lender, the principal amount set forth below designated as the Capex Loan Commitment or on Schedule 1 to the Assignment and Acceptance Agreement pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 13.7 hereof, as the same may be adjusted from time to time in accordance with the terms hereof; sometimes being collectively referred to herein as “Capex Loan Commitments”: ▇▇▇▇▇ Fargo Capital Finance, LLC $6,000,000”

CapEx Loan Commitment means an amount equal to One Million and No/100 Dollars ($1,000,000.00).

CapEx Loan Commitment means, with respect to each Lender, the commitment hereunder of such Lender to make CAPEX Loan Advances in an aggregate outstanding amount not exceeding the amount of such Lender’s CAPEX Loan Commitment Amount.

CapEx Loan Commitment means, with respect to each Capex Loan Lender, the commitment to make Capex Loans to the Borrower pursuant to Section 2.2 of this Agreement, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Capex Loan Lender’s name on Schedule 2.1 attached to this Agreement under the heading “Capex Loan Commitment” or in the Assignment and Assumption pursuant to which such Capex Loan Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement, including pursuant to Section 2.8.

CapEx Loan Commitment means the commitment of each CapEx Lender to make a CapEx Loan pursuant to Section 2.1(c), which commitment shall be the amount set forth opposite such CapEx Lender’s name on Schedule A. “CapEx Loan Commitments” means the aggregate CapEx Loan Commitment of the CapEx Lenders. “CapEx Loan Commitment Expiration Date” means January 31, 2027. “CapEx Loan Conversion Date” shall mean, each of and collectively, the 2025 CapEx Loan Conversion Date, the 2026 CapEx Loan Conversion Date, and the 2027 CapEx Loan Conversion Date. “CapEx Loan” and “CapEx Loans” individually and collectively, as applicable, has the meaning specified in Section 2.1(c). “CapEx Loan Maturity Date” means the earlier to occur of (a) July 22, 2027 or (b) such other date on which the CapEx Loan Commitments are terminated pursuant to this Agreement. “CapEx Note” means a promissory note executed by the Borrower in favor of any CapEx Lender in the form of Exhibit C-4 evidencing the CapEx Loans of such CapEx Lender. “Capital Distribution” means a payment made, liability incurred or other consideration given by a Company to any Person that is not a Company, (a) for the purchase, acquisition, redemption, repurchase, payment or retirement of any Equity Interest of such Company, or (b) as a dividend, return of capital or other distribution (other than any stock dividend, stock split or other equity distribution payable only in capital stock or other equity of such Company) in respect of such Company’s Equity Interest. “Capitalized Lease Obligations” means obligations of the Companies for the payment of rent for any real or personal property under leases or agreements to lease that, in accordance with GAAP, have been or should be capitalized on the books of the lessee and, for purposes hereof, the amount of any such obligation shall be the capitalized amount thereof determined in accordance with GAAP. “Cash Collateralize” means to pledge and deposit with or deliver to the Administrative Agent, for the benefit of one or more of the Issuing Banks or Lenders, as collateral for Letter of Credit Exposure or

CapEx Loan Commitment means, as to any Lender, the obligation of such Lender to make its CapEx Loan prior to the CapEx Loan Commitment Termination Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The CapEx Loan Commitments of the Lenders aggregate $10,000,000 on the Restatement Effective Date.