Class A-1R Commitment definition

Class A-1R Commitment means, in relation to any Class A-1R Noteholder, the obligation of such Class A-1R Noteholder at any time to make Class A-1R Advances in an aggregate principal amount not to exceed the initial Class A-1R Commitment of such Class A-1R Noteholder (as set out in the Class A-1R Note Purchase Agreement in the case of the initial Class A-1R Noteholder or, in relation to each other Class A-1R Noteholder, as set out in any transfer certificate pursuant to which such Class A-1R Noteholder shall have assumed its Class A-1R Commitment), as applicable, as such obligation may be reduced from time to time pursuant to the provisions of the Class A-1R Note Purchase Agreement.
Sample 1
Class A-1R Commitment. In respect of a Class A-1R Note, at any time, the maximum aggregate outstanding principal amount of advances (whether at the time funded or unfunded) that the Holder of such Class A-1R Note (or the related Liquidity Provider) is obligated from time to time to make to the Issuer under the Class AR Note Purchase Agreement.
Sample 1
Class A-1R Commitment means, in relation to any Class A-1R Noteholder, the obligation of such Class A- 1R Noteholder at any time to make Class A-1R Advances in an aggregate principal amount not to exceed€100,000,000 (including Sterling amounts converted at the Initial Spot Rate of up to approximately £ 68,105,000 at any time), as such obligation may be reduced from time to time pursuant to the provisions of the Class A-1R Note Purchase Agreement (including, without limitation, by the aggregate amount of any Class A- 1R Allocated Commitment from time to time);
Sample 1

Examples of Class A-1R Commitment in a sentence

  • In accordance with the proviso of the last sentence of prior paragraph, a “Class A-1-R Committed Purchaser” means, with respect to any Class A-1-R Structured Finance Entity, a financial institution that is not a Class A-1-R Structured Finance Entity and that has committed to fund directly to the Issuer the Advances under such Class A-1-R Structured Finance Entity’s Class A-1-R Commitment.

  • The Holders of the Class A-1R Notes shall also be entitled to receive the Class A-1R Commitment Fee on the Aggregate Undrawn Amount.

  • For the purposes of voting on resolutions and issuing directions to the Trustee and any other decisions required to be made by any Class of Noteholders, in the case of the Class A-1R Noteholders, votes shall be determined by reference to the Class A-1R Commitment of each Class A-1R Noteholder which has not been cancelled at such time.

  • Voting rights of the Class A-1R Noteholders For the purposes of voting on resolutions and issuing directions to the Trustee and any other decisions required to be made by any Class of Noteholders, in the case of the Class A-1R Noteholders, votes shall be determined by reference to the Class A-1R Commitment of each Class A-1R Noteholder which has not been cancelled at such time.

  • The ability to borrow and re-borrow amounts through Class A-1R Advances may be terminated in certain situations (see "Description of the Class A-1R Notes—Termination of the Aggregate Class A-1R Commitment" below), in which event the principal so repaid will cease to be available for reinvestment.

  • Section 7.1. Payment of Principal and Interest and Class A-1R Commitment Fees 170 Section 7.2. Maintenance of Office or Agency 170 Section 7.3. Money for Note Payments to be Held in Trust 171 Section 7.4. Existence of the Issuer 173 Section 7.5. Protection of Assets 174 Section 7.6. Notice of Any Amendments 175 Section 7.7. Performance of Obligations 175 Section 7.8. Negative Covenants 175 Section 7.9. Statement as to Compliance 178 Section 7.10.

  • The Secured Notes will be redeemed in full and interest (and, in the case of the Class A-1R Notes, any related Class A-1R Commitment Fee) on such Secured Notes shall cease to accrue on the Redemption Date.

  • If any Class A-1R Noteholder fails to satisfy the Rating Requirement at any time any Class A-1R Commitment is outstanding, it shall notify the Issuer and the Investment Manager as soon as practicable thereafter, and the Issuer (or the Investment Manager on its behalf) shall (within 60 days of such failure to satisfy the Rating Requirement) drawdown the entire undrawn amount of such Class A-1R Noteholder’s Class A-1R Commitment.

  • Interoperability checking of technical and connectivity issues ensuring reception and delivery of the messages among participating enterprises relates to the techni- cal perspective.

  • Interest will accrue on such payments made by the transferee or purchaser in respect of the first Class A-1R Advance Interest Period, and the Class A-1R Commitment Fee in respect of such Class A-1R Notes, from and including the date on which the Defaulted Class A-1R Advances are funded by such transferee or purchaser to, but excluding the next Payment Date.


More Definitions of Class A-1R Commitment

Class A-1R Commitment means, at any time in respect of any Class A-1R Note, the maximum aggregate principal amount of Advances that such Class A-1R Noteholder is obligated to make in respect of that Note to the Issuer under the Class A-1R Note Purchase Agreement.
Sample 1
Class A-1R Commitment means, at any time and in relation to any Class A-1R Noteholder and the Class A-1R Note held by it, the obligation of such Class A-1R Noteholder or its Committed Facility Provider under each Class A-1R Note held by it to make Class A-1R Advances in an aggregate principal amount equal to the Class A-1R Commitment of such Class A-1R Noteholder at that time in accordance with the Class A-1R Note Purchase Agreement. For the avoidance of doubt, the Class A-1R Commitment shall include the Class A-1R Allocated Commitment, the Class A-1R Drawn Amount and the Class A-1R Undrawn Amount and the Class A-1R Allocated Commitment shall be reduced by the Class A-1R Redemption Amount and may be increased or decreased in accordance with the applicable Leverage Scenario from time to time pursuant to the Class A-1R Note Purchase Agreement.
Sample 1

Related to Class A-1R Commitment

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Dollar Commitment means, with respect to each Dollar Lender, the commitment of such Dollar Lender to make Syndicated Dollar Loans, and to acquire participations in Dollar Letters of Credit and Dollar Swingline Loans, denominated in Dollars hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolving Dollar Credit Exposure hereunder, as such commitment may be (a) reduced or increased from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Dollar Commitment is set forth on Schedule I, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Dollar Commitment, as applicable. The aggregate amount of the Lenders’ Dollar Commitments on the Effective Date is $0.

  • 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.

  • L/C Commitment $50,000,000.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Aggregate Revolving Commitment means the aggregate amount of the Revolving Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $200,000,000.

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

  • Tranche B Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TCCI pursuant to Section 2.1(b) 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 B 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.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $25,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Restatement Date is $265,000,000.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the date hereof is $250,000,000.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • LC Commitment Amount means $600,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.08.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Term Loan Commitment Amount means, (a) as to any Lender that is a Lender on the Closing Date, the dollar amount set forth opposite such Lender’s name on the Commitment Annex under the column “Term Loan Commitment Amount”, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party, and (b) as to any Lender that becomes a Lender after the Closing Date, the amount of the “Term Loan Commitment Amount(s)” of other Lender(s) assigned to such new Lender pursuant to the terms of the effective assignment agreement(s) pursuant to which such new Lender shall become a Lender, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Aggregate Revolving Commitments means, collectively, all Revolving Commitments of all Lenders at any time outstanding.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) 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 2.01 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.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.