Debt Commitment Letter definition

Debt Commitment Letter shall have the meaning set forth in Section 5.7(a).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Debt Commitment Letter has the meaning set forth in Section 4.20.

Debt Commitment Letter has the meaning set forth in Section 3.4(a).

Examples of Debt Commitment Letter in a sentence

• Any assignment, replacement or other modification of the Debt Commitment Letter (including any change in the Debt Financing Borrower) shall be subject to, and shall not circumvent, the foregoing clause (i) or (ii).

• No reduction of the Debt Financing pursuant to the terms of the Debt Commitment Letter shall, individually or in the aggregate, result in the Debt Financing, together with cash or amounts from any other available sources of funding (including rights to receive equity contributions), being insufficient to pay the Required Financing Amount at the Closing.

• As of the date of this Agreement, the Debt Commitment Letter is in full force and effect, and represents a valid, binding and enforceable obligation of Buyer Parent and, to the Knowledge of the Buyer, of each other party thereto, in each case, except to the extent that enforcement may be affected by bankruptcy, reorganization, moratorium, insolvency and similar Laws of general application affecting the rights and remedies of creditors and by general equity principles.

• The Buyer has not entered into any agreement relating to the Debt Financing that adversely affects in any material respect the conditions precedent to the funding of the Debt Financing, other than as set forth in the Debt Commitment Letter and any fee letters related to the Debt Commitment Letter.

• Buyer Parent has fully paid (or caused to be paid) any and all commitment fees or other fees required by the Debt Commitment Letter to be paid on or before the date of this Agreement.

More Definitions of Debt Commitment Letter

Debt Commitment Letter means the commitment letter, if any, by and among the lenders party thereto (and any lenders who become party thereto by joinder in accordance with the terms thereof) and Parent, as may be amended, supplemented, replaced, extended or otherwise modified from time to time after the date of this Agreement.

Debt Commitment Letter means the commitment letter among the Buyer, Bank of America, N.A. and ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated, dated as of the date hereof, as amended, supplemented or replaced in compliance with this Agreement, pursuant to which the financial institutions party thereto have agreed to provide or cause to be provided the debt financing set forth therein for the purposes of financing the transactions contemplated by this Agreement.

Debt Commitment Letter means an executed commitment letter, including all schedules, annexes and exhibits thereto, dated as of the date hereof, from the Debt Financing Sources parties thereto.

Debt Commitment Letter means the Debt Commitment Letter as so amended, modified, supplemented, waived or replaced and the Buyer shall provide a copy of any such material amendment to the Company.

Debt Commitment Letter is defined in Section 4.5.

Debt Commitment Letter means that certain Second Amended and Restated Commitment Letter by and among the Company, Nordea Bank Finland plc, New York Branch, Skandinaviska Enskilda ▇▇▇▇▇▇ ▇▇ (publ), DVB Bank SE, ABN AMRO Capital USA LLC, Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG Filiale Deutschlandgeschäft, Crédit Industriel et Commercial and BNP Paribas in substantially the form attached hereto as Exhibit C.

Debt Commitment Letter. Section 4.11(a)