Commitment Limit definition

Commitment Limit shall have the meaning set forth in Article 2, below.

Commitment Limit means, at any particular date, the lesser of (x) the Amount (as it may be increased by the Banks from time to time) or (b) the Borrowing Base as most recently determined and in effect (including the effect of any Periodic Reductions).

Commitment Limit in Section 1.2 of the Credit Agreement is hereby deleted in its entirety therefrom and the following is substituted in lieu thereof:

Examples of Commitment Limit in a sentence

• All the Sub-Fund’s cash and cash equivalents are held in major financial institutions located in Hong Kong and Mainland China, which the Manager believes are of high credit quality.

• This section 4 of the QSL Common Pool Terms only applies to Committed Pools.In order to minimise the risk of Participants not supplying sufficient Raw Sugar to meet their obligations and to restrict the financial impact on QSL of the commitment of Raw Sugar by Participants to the Pricing Platform Pools, there will be a Commitment Limit on the amount of a Participant’s Committed Sugar at any point in time.

• Subordinated Loan Agreement Pursuant to a subordinated loan agreement entered into betweenthe Sellers and the Guarantor, dated 14 November 2008, as subsequently amended (the "Subordinated Loan Agreement") each of the Sellers granted to the Guarantor a subordinated loan (the "Subordinated Loan") with a maximum amount equal to the relevant individual commitment limit as specified in the Subordinated Loan Agreement (each, the "Individual Commitment Limit").

• Contact us at: globalclimatechange@rabobank.nl Rabobank & Climate ChangeOur ApproachClimate Commitment Limit global warming Mitigate climate change Lower greenhouse gas emission impacts Commit to the goals of the Paris AgreementRabobank considers continued global warming that overshoots planetary boundaries as a severe risk to the environment and to the food security of people and communities.

• This section 4 of the QSL Common Pool Terms only applies to Committed Pools.In order to minimise the risk of Participants not having sufficient Raw Sugar attributable to them suppliedto meet their obligations and to restrict the financial impact on QSL of the commitment of Raw Sugar by Participants to the Pricing Platform Pools, there will be a Commitment Limit on the amount of a Participant’s Raw Sugar that can be allocated to Committed Pools at any point in time.

More Definitions of Commitment Limit

Commitment Limit means the lesser of (a) $30,000,000.00 or (b) the ---------------- Borrowing Base.

Commitment Limit means, at any particular date, the lesser of (a) the Amount (as it may be increased by the Lenders from time to time) or (b) the Borrowing Base as most recently determined and in effect (including the effect of any Periodic Reductions), provided, however, that when a Defaulting Lender shall exist, Commitment Limit shall mean, at any particular date, the lesser of (x) the Amount minus the Defaulting Lender Unfunded Portion or the Borrowing Base minus the Defaulting Lender Unfunded Portion.

Commitment Limit means, at any particular date, the LESSER of (a) the Amount or (b) the Borrowing Base then in effect.

Commitment Limit has the meaning given to it in clause 2.3 (Reduction in Available Commitment).

Commitment Limit means the maximum amount of the subordinated loan granted by Banco Popolare as indicated in the Subordinated Loan Agreement, save for the further increase that may be determined unilaterally by Banco Popolare through a written notice to the Guarantor.

Commitment Limit means (a) commencing from October 31, 1997 and ending on December 31, 1997, the Commitment Limit shall be $11,000,000.00 and (b) thereafter until the Termination Date, the Commitment Limit shall be $9,000,000.00."

Commitment Limit means the dollar amount listed as the Commitment Limit on the signature page to this Agreement as that dollar amount may be reduced or terminated pursuant to Section 2.02, 2.03 or 3.01(i) or Article VII.