Examples of Commitment Reallocation in a sentence
In no event shall at any time U.S. Revolver Commitments be less than Canadian Revolver Commitments, including after any Commitment Reallocation under Section 2.1.8, any Revolver Commitment Increase under Section 2.1.7, any Commitment reduction or termination under Section 2.1.4 or any other adjustment in Commitments hereunder.
Upon giving effect to a Commitment Reallocation Request, the sum of the Borrowers' Sub-Commitments shall not exceed the Total Commitment in effect at that time.
The Administrative Agent shall keep a record of each Commitment Reallocation Request and the Sub-Commitment of each Borrower as in effect on each date and such record shall be conclusive, in the absence of manifest error.
In the rare case where it may not be appropriate to discuss an issue with your supervisor or where you do not feel comfortable approaching your supervisor with your question, discuss it locally with your office manager or an appropriate member of Company management.
Each such notice shall specify (i) each Borrower's Sub-Commitment as of the date of such notice, (ii) each Borrower's Sub-Commitment after giving effect to such notice, and (iii) the effective date of such reallocation, which date shall be no less than two (2) Business Days after the date of such notice (the "Commitment Reallocation Date").
Each such notice shall specify (i) the Total Acquisition Loan Commitment and Total UK Acquisition Loan Commitment as of the date of such notice, (ii) each Borrower's Total Acquisition Loan Commitment and Total UK Acquisition Loan Commitment, as the case may be, after giving effect to such notice, and (iii) the effective date of such reallocation, which date shall be no less than ten (10) Business Days after the date of such notice (the "Commitment Reallocation Date").
The Borrower shall give to the Agent written notice in the form of Exhibit J hereto of each reallocation requested under this ss.4.1(e) (a "Commitment Reallocation Request").
Upon giving effect to a Commitment Reallocation Request, the sum of the Acquisition Loan Commitments and UK Acquisition Loan Commitments shall not exceed the Total Acquisition Commitment in effect at that time.
On the Commitment Reallocation Date, the Acquisition Loan Commitments and UK Acquisition Loan Commitments shall be reallocated in accordance with the related Commitment Reallocation Request given in compliance with the foregoing requirements and Schedule 1 shall be deemed revised to reflect the reallocation.
Harvest shall not permit its Tangible Net Worth at any time to be less than (a) as of any date prior to the Commitment Reallocation Trigger Date, Sixty Million and No/100 Dollars ($60,000,000).