Class A-2 Commitment definition

Class A-2 Commitment means for each Class A-2 Lender, (a) prior to the Facility Termination Date, the commitment of such Lender to make Class A-2 Advances (including, for the avoidance of doubt, any term loan Advances following conversion to a term loan commitment pursuant to Section 2.9) to the Borrower in an amount not to exceed, in the aggregate, the amount set forth opposite such Lender’s name on Annex B or pursuant to the assignment executed by such Lender and its assignee(s) and delivered pursuant to Article XV (as such Commitment may be reduced as set forth in Section 2.5), and (b) on and after the earlier to occur of (i) the Facility Termination Date and (ii) the end of the Revolving Period, such Lender’s pro rata share of all Class A-2 Advances outstanding. Upon any change to the Class A-2 Commitment, the Administrative Agent shall provide notice to Morningstar (via email at ABSMonitoring@morningstar.com).ABSMonitoring@morningstar.com). Annex C lists each Lender’s share of the outstanding Class A-2 Advances as of the Amendment No. 6 Date.
Class A-2 Commitment means, with respect to any Class A-2 Note at any time, the maximum aggregate outstanding principal amount of advances, whether at the time funded or unfunded, that the Noteholder (or any Liquidity Providers with respect to such Noteholder) of such Class A-2 Note is obligated from time to time under the Class A-2 Purchase Agreement to make to the Issuer; provided that the aggregate Class A-2 Commitments in effect at any time shall not exceed the Maximum Class A-2 Commitment.
Class A-2 Commitment means for each Class A-2 Lender, (a) prior to the Facility Termination Date, the commitment of such Lender to make Class A-2 Advances (including, for the avoidance of doubt, any term loan Advances following conversion to a term loan commitment pursuant to Section 2.9) to the Borrower in an amount not to exceed, in the aggregate, the amount set forth opposite such Lender’s name on Annex B or pursuant to the assignment executed by such Lender and its assignee(s) and delivered pursuant to Article XV (as such Commitment may be reduced as set forth in Section 2.5), and (b) on and after the earlier to occur of (i) the Facility Termination Date and (ii) the end of the Revolving Period, such Lender’s pro rata share of all Class A-2 Advances outstanding. Upon any change to the Class A-2 Commitment, the Administrative Agent shall provide notice to Morningstar (via email at XXXXxxxxxxxxx@xxxxxxxxxxx.xxx).

Examples of Class A-2 Commitment in a sentence

  • All payments made by the Issuer with respect to this Class A-2 Note shall be applied first to interest and Class A-2 Commitment Fee due and payable on this Class A-2 Note as provided above and then to the unpaid principal of this Class A-2 Note.

  • V.; Locker, D., Canadian dental students’ perceptions of stress and social support.

  • Any communication given to the Representative of the Owner by the Contractor shall be considered as being given to the Owner.

  • The principal of, interest, Class A-2 Commitment Fee and any Class A-2 Increased Costs and Class A-2 Breakage Costs on this Class A-2 Note are payable in such coin or currency of the United States as at the time of payment is legal tender for payment of public and private debts.

  • The Borrower shall provide Morningstar with all reasonably available information that is reasonably requested by Morningstar in connection with its rating of the Class A-2 Commitment.


More Definitions of Class A-2 Commitment

Class A-2 Commitment means for each Class A-2 Lender, (a) prior to the Facility Termination Date, the commitment of such Lender to make Class A-2 Advances to the Borrower in an amount not to exceed, in the aggregate, the amount set forth opposite such Lender’s name on Annex B or pursuant to the assignment executed by such Lender and its assignee(s) and delivered pursuant to Article XV (as such Commitment may be reduced as set forth in Section 2.5), and (b) on and after the earlier to occur of (i) the Facility Termination Date and (ii) the end of the Revolving Period, such Lender’s pro rata share of all Class A-2 Advances outstanding.
Class A-2 Commitment means, in the case of any Holder, the obligation of such Holder at any time during the Revolving Period to make Advances in an aggregate principal amount not to exceed the initial Class A-2 Commitment of each Holder as set forth on Schedule 2.01 (in the case of an Initial Holder) or in the Assignment and Acceptance pursuant to which such Holder shall have assumed its Class A-2 Commitment, as applicable, as such obligation may be reduced from time to time pursuant to Section 2.05 or pursuant to assignments by or to such Holder pursuant to Section 6.03.
Class A-2 Commitment means, for each Committed Lender, (a) prior to the Facility Termination Date, the commitment of such Committed Lender to make Class A-2 Advances to the Borrower in an amount not to exceed, in the aggregate, the amount set forth opposite such Committed Lender’s name on Annex B or pursuant to the assignment executed by such Committed Lender and its assignee(s) and delivered pursuant to Article XV (as such Commitment may be reduced as set forth in Section 2.5), and (b) on and after the earlier to occur of (i) Facility Termination Date and (ii) the end of the Revolving Period, such Committed Lender’s pro rata share of all Class A-2 Advances outstanding.
Class A-2 Commitment means, in respect of the Class A-2 Notes from and including the Closing Date to but excluding the Class A-2 Commitment Termination Date, a maximum aggregate amount equal to €33,000,000 , unless otherwise permanently reduced following the redemption of the Class A-2 Notes in accordance with the Priorities of Payment.
Class A-2 Commitment means, in relation to any Class A-2 Noteholder and the Class A-1 Note held by by it, the obligation of such Class A-2 Noteholder or its Committed Facility Provider under each Class A-2 Note held at such time up to and including the Class A-2 Final Funding Date to make Class A-2 Advances in an aggregate principal amount equal to the initial Class A-2 Commitment of such Class A-2 Noteholder (as set out in the Class A-2 Note Purchase Agreement in the case of the initial Class A-2 Noteholder or, in relation to each other Class A-2 Noteholder, as set out in any transfer certificate pursuant to which such Class A-2 Noteholder shall have assumed its Class A-2 Commitment).
Class A-2 Commitment means an amount equal to €120,000,000 or the Euro Equivalent thereof in any Non-Euro Available Currency (provided however that changes in currency exchange rates may mean that the Funded Amount could exceed such amount), unless permanently reduced following the redemption of the Class A-2 Notes in accordance with Condition 7 (Redemption and Purchase).
Class A-2 Commitment means the obligation of the Class A-2 Noteholders at any time to make Class A-2 Advances in an aggregate amount up to but not exceeding €86,500,000 as the same may be reduced from time to time upon a partial redemption of the Notes in accordance with Condition 8(c) (Redemption Upon Breach of Coverage Tests), Condition 8(d) (Special Redemption) and Condition 8(e) (Redemption Upon Effective Date Rating Event).