Credit Facility Commitment definition

Credit Facility Commitment means “Commitment” under and as defined in the Credit Facility Agreement.

Credit Facility Commitment means “Commitment” (each time including the aggregate amount of all Commitments, if several made available) under and as defined in:

Credit Facility Commitment means, in relation to a Lender, the amount set opposite its name in the fourth column of Schedule 1, Part A or, as the case may require, the amount specified in the relevant Transfer Certificate, as that amount may be reduced, cancelled or terminated in accordance with this Agreement (and "Total Credit Facility Commitments" means the aggregate of the Credit Facility Commitments of all the Lenders);

Examples of Credit Facility Commitment in a sentence

• Each of the Trust and the Co-Borrower is entitled to borrow money ("Loans") from the Financial Institutions in amounts which in the aggregate do not exceed the amount of the Credit Facility Commitment, provided that the aggregate amount of Loans to the Trust or the Co-Borrower on an individual basis cannot exceed twenty-five percent (25%) of the net asset value of the Trust or Co-Borrower, as the case may be (defined as total assets minus total liabilities minus assets subject to liens).

• The sum of (i) the aggregate Dollar Equivalent principal amount of all Revolving Credit Loans outstanding, plus, (ii) the sum of the aggregate principal amount of all Swing Line Loans outstanding, plus (iii) the aggregate Dollar Equivalent amount of Letters of Credit Outstanding shall not exceed the amount of the Revolving Credit Facility Commitment as the same may be increased from time to time pursuant to Section 2.21.

• BrightSource Ivanpah agrees that this Agreement shall create a continuing security interest in the Supplemental Base Equity Collateral which shall remain in effect until the termination of the FFB Credit Facility Commitment and payment and performance in full of all Secured Obligations (other than inchoate indemnity obligations).

• Borrower’s obligations under Section 2.13 hereof shall survive repayment of the Loans made hereunder and termination of the Revolving Credit Facility Commitment for a period of 90 days.

• Each Equity Contributor agrees that this Agreement shall create a continuing security interest in the Collateral which shall remain in effect until the termination of the FFB Credit Facility Commitment and payment and performance in full of all Secured Obligations (other than inchoate indemnity obligations).

More Definitions of Credit Facility Commitment

Credit Facility Commitment in relation to a Credit Facility, has the meaning given to the term “Commitment” (or equivalent) in the relevant Credit Facility Agreement.

Credit Facility Commitment means (a) $4,500,000.00, plus (b) if and for so long as the ITC Condition exists, an amount up to the ITC Increase. The Credit Facility Commitment will be allocated between the FP Tranche and the Development Tranche, and if made available by the Lenders, the ITC Tranche, on the date of the first Drawdown under the Credit Facility by agreement between the Construction Receiver and the Administrative Agent with the advice of the Independent Cost Consultant, provided that such initial allocation may be subsequently readjusted or reallocated by further agreement between the Construction Receiver and the Administrative Agent with the advice of the Independent Cost Consultant.

Credit Facility Commitment means “Commitment” under and as defined in the relevant Credit Facility Agreement, including, on or prior to the Revolving Lender Discharge Date, the Initial Revolving Facility Agreement.

Credit Facility Commitment the obligation of the Lender to make Loan Advances to the Borrower under Section 2.1 (a) hereof in an aggregate amount not to exceed $5,000,000.00 subject to termination or reduction from time to time in accordance with Section 2.1(d) or (e) hereof.

Credit Facility Commitment means “Commitment“ (each time including the aggregate amount of all Commitments, if several made available) under and as defined in:

Credit Facility Commitment has the meaning ascribed in Clause 3.2(c);

Credit Facility Commitment is defined in Section 2.1 hereof.