Commitment Release definition

Commitment Release means the election of the Investor (exercisable at the Investor’s sole discretion) not to effect the Second Closing due to the non-satisfaction of the condition set forth in Section 6.03(j).

Related to Commitment Release

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.