Commitment One definition

Commitment One means the Commitment as that term is used in the Agreement prior to the effect of this Amendment 04.

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Commitment One means $5,000,000.

Commitment One means $6,000,000.

Examples of Commitment One in a sentence

• No Advance under Commitment One will be made for less than $1,000,000.

• Subject to the terms hereof, Lender will make Advances to Borrower up to the lesser of (i) the principal amount of the Commitment or (ii) in the case of Commitment One, Commitment Two and Commitment Three, 100% of Equipment Borrowing Base, on or before the Commitment Termination Date.

• Address and Amount and Percentage of Commitment: One Wall Street THE BANK OF NEW YORK New York, New York 10286 Attn: Mela▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ephone: 212-▇▇▇-▇▇▇▇ ▇▇▇simile: 212-▇▇▇-▇▇▇▇ By: /s/ Mela▇▇▇ ▇.

• Such fee shall be payable in arrears, on the last Business Day of each calendar quarter and on the Commitment One Termination Date.

• Term of Commitment One year commitment with an option to renew for an additional year subject to mutual consent of Lessor and City.

• Such fee shall be payable in arrears, on the last Business Day of each calendar quarter and on the Revolver Commitment One Termination Date.

• Each such notification shall be promptly confirmed by a Notice of Borrowing in substantially the form of Exhibit C hereto for Advances under Commitment One and in the form of Exhibit C-1 for Advances under Commitment Two.

• Co. --------------------------- -------------------- ------------------------------------------ ------------------------------------- PNC Bank, National PNC Bank, National Association PNC Bank, National Association Association Commitment: One PNC Plaza One PNC Plaza 249 Fifth Avenue 249 Fifth Avenue $10,000,000 Pit▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇vania 15222 Pittsburgh, Pennsylvania 1▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇ry Contact: Ronald L.

• Section 1.1, the following definitions of the Agreement shall be deleted in its entirety and replaced with the following: “Basic Rate” (i) under Commitment One, as defined in the Notes, as amended pursuant to Amendment No. 01, and (ii) under Commitment Two, as defined in the Notes for Advances under Commitment Two.

• In addition to the foregoing, for Advances funded under Commitment One, on the Loan Commencement Date, Borrower shall pay to Lender in advance, an amount equal to the Scheduled Payment that would otherwise be payable on the last Payment Date.

More Definitions of Commitment One

Commitment One means $750,000.

Commitment One means Seven Million Five Hundred Thousand Dollars ($7,500,000), provided, however, the amount available to Borrower shall be increased by an additional One Million Five Hundred Thousand Dollars ($1,500,000) (i) upon Borrower’s achieving the Additional Debt Milestones as defined herein (the “Additional Commitment”) or (ii) at Lender’s sole discretion (in the absence of the Additional Debt Milestones).

Commitment One means the Commitment as that term is used in the Agreement prior to the effect of this Amendment 04. “Commitment Two” means $10,000,000. “Commitment Two Warrant” mean the Warrant in favor of Lender to purchase securities of Borrower, substantially in the form of Exhibit C-2 attached to this Amendment 04 and issued in conjunction with Commitment Two. II. Section 1.1, the following definitions of the Agreement shall be deleted in its entirety and replaced with the following: “Basic Rate” (i) under Commitment One, as defined in the Notes, as amended pursuant to Amendment No. 01, and (ii) under Commitment Two, as defined in the Notes for Advances under Commitment Two. “Commitment” means Commitment One and Commitment Two. “Commitment Fee” means $10,000 under Commitment One and $10,000 under Commitment Two. “Commitment Termination Date” has occurred for Commitment One, and for Commitment Two it means the earliest to occur of (i) July 1, 2008; (ii) any Default or Event of Default, or (iii) Change of Management or Board Composition (unless Lender has waived this condition in writing). “Disclosure Schedule” means the Disclosure Schedule delivered to Lender in connection with the execution and delivery of Amendment No. 04 to this Agreement. “Loan Commencement Date” means (i) for Advances under Commitment One, as defined in the Notes, as amended pursuant to Amendment No. 01, and (ii) for Advances under Commitment Two, as defined in the Notes for Advances under Commitment Two.