CFC Commitment definition

CFC Commitment shall have the meaning as defined in Schedule 1 hereto.
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CFC Commitment shall have the meaning as defined in Schedule 1.
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CFC Commitment as referred to in Section 2.1 shall mean $1,612,903.
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Examples of CFC Commitment in a sentence

  • CFC agrees to make, and the Borrower agrees to request, on the terms and conditions of this Agreement, Advances from time to time at the main office of CFC, or at such other place as may be mutually agreed upon, in an aggregate principal amount not to exceed the CFC Commitment.

  • On the Termination Date, CFC may stop advancing funds and limit the CFC Commitment to the amount advanced prior to such date.

  • The Borrower may elect not to borrow all or any portion of the CFC Commitment in which event CFC shall release the Borrower from its obligations hereunder, provided the Borrower complies with such terms and conditions as CFC may impose for such release including, without limitation, payment of any rescission fee that CFC may from time to time prescribe.

  • If the Borrower elects to pay for such LCTC other than from loan funds, the amount of the CFC Commitment will be correspondingly reduced by said amount when the LCTC is fully paid.

  • CFC agrees to make, and the Borrower agrees to request, on the terms and conditions of this Agreement, Advances (herein called "Advances") from time to time at the main office of CFC, or at such other place as may be mutually agreed upon, in an aggregate principal amount not to exceed the CFC Commitment, as defined in Schedule 1 hereto.

  • CFC agrees to advance funds to the Borrower pursuant to the terms and conditions hereof (each such advance of funds is referred to herein as an "Advance"), provided, however, that the amount at any time outstanding under this line of credit shall not exceed the CFC Commitment.

  • CFC agrees to advance funds to the Borrower pursuant to the terms and conditions hereof, provided, however, that the principal amount at any time outstanding under this Agreement shall not exceed the CFC Commitment.

  • While an Advance is outstanding, CFC reserves the right to limit further Advances if the sum of (a) all Advances outstanding, (b) the amount of any further Advance requested, and (c) the total amount of Borrower's other unsecured outstanding debt, would exceed the CFC Commitment.

  • Notwithstanding anything in this Agreement to the contrary, in the event that Borrower does not obtain the written consent of CFC prior to consolidating with, merging or selling all or substantially all of its business assets to another entity or person, then CFC may stop advancing funds and limit the CFC Commitment to the amount advanced as of the effective date of such consolidation, merger or sale.

  • The Borrower may elect not to borrow all or any portion of the CFC Commitment in which event CFC shall release the Borrower from its obligations hereunder, provided the Borrower complies with such terms and conditions as CFC may impose for such release including, without limitation, payment of any rescission fee that CFC may from time to time prescribe, pursuant to its policies of general application.


More Definitions of CFC Commitment

CFC Commitment as referred to in Section 2.1 is $17,074,468.00.
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CFC Commitment as referred to in Section 2.1 shall mean five (5) loans, each in the following amount with the corresponding number: loan number 9018 - $4,301,075 loan number 9019 - $2,365,591 loan number 9020 - $4,301,075 loan number 9021 - $3,763,441 loan number 9022 - $3,225,806
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CFC Commitment means the total amount of money that CFC agrees to lend to Borrower pursuant to the terms and conditions of this Agreement pursuant to the loans and as evidenced by the Note or Notes and is in the amount as set forth in Schedule 1 hereto.
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CFC Commitment shall have the meaning as defined in Schedule 1. C42 100% CFC Long Term Loan Class A-Member - Distribution, Non-RUS Borrower TX 107-A-9050 and TX 107-A-9051 (JJJ) Rev. 11/99, 05/00
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Related to CFC Commitment

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

  • LOC Commitment means the commitment of the Issuing Lender to issue Letters of Credit and with respect to each Lender, the commitment of such Lender to purchase participation interests in the Letters of Credit up to such Lender's LOC Committed Amount as specified in Schedule 2.1(a), as such amount may be reduced from time to time in accordance with the provisions hereof.

  • LC Commitment means that portion of the Aggregate Revolving Commitment Amount that may be used by the Borrower for the issuance of Letters of Credit in an aggregate face amount not to exceed $15,000,000.

  • 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.

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.