Facility A Commitment definition

Facility A Commitment means, with respect to any Lender, the principal amount set out beside such Lender's name in Schedule V with reference to Facility A, as amended from time to time, and to the extent not cancelled or terminated hereunder.
Facility A Commitment means the several obligations of the Banks to fund their respective portions of Loans to the Borrower in accordance with their respective Commitment Ratios in an aggregate amount of up to $175,000,000 pursuant to the terms hereof and as such obligations may be reduced from time to time pursuant to the terms hereof.
Facility A Commitment means, with respect to each Facility A Lender, the commitment, if any, of such Lender to make Facility A Revolving Loans and to acquire participations in Facility A Letters of Credit, Facility A Protective Advances and Facility A Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility A Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility A Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility A Commitment, as applicable. The initial aggregate amount of the LendersFacility A Commitments is $150,000,000.

Examples of Facility A Commitment in a sentence

  • From the effective date of any reduction of the Total Facility A Commitment or the Total Facility B Commitment, the Commitment Fees payable pursuant to Subparagraph 2.06(b) shall be computed on the basis of the Total Facility A Commitment and/or the Total Facility B Commitment as so reduced.

  • Subject to the terms and conditions hereof, Advances under the Facility A Commitment may be repaid and reborrowed from time to time on a revolving basis.

  • Any cancellation in part shall be applied against the relevant Facility A Commitment, Facility B Commitment or, as the case may be, Facility C Commitment of each Lender pro rata.

  • Reductions to the Facility A Commitment shall be applied as set forth in Section 2.5 hereof.

  • The Facility A Total Commitment and the Facility A Commitment of each Lender shall terminate on the Facility A Termination Date.


More Definitions of Facility A Commitment

Facility A Commitment means in relation to a Bank and at any relevant time the amount set out opposite its name in column “A Facility” of Schedule 1 and/or, in the case of a Transferee, the amount specified in the relevant Transfer Certificate, as reduced, in each case, by any relevant term of this Agreement;
Facility A Commitment means, for each Facility A Lender, the obligation of such Lender to make Facility A Loans to the Company in an aggregate principal amount at any one time outstanding up to but not exceeding the amount set opposite the name of such Lender on the signature pages hereof under the caption "Facility A Commitment" (as the same may be reduced from time to time pursuant to Section 2.03 hereof). The original aggregate principal amount of the Facility A Commitments is $50,000,000.
Facility A Commitment means a Facility A (EUR) Commitment, a Facility A (GBP) Commitment and/or Facility A (USD) Commitment.
Facility A Commitment means, for each Lender, its commitment to make Facility A Loans to, and participate in Swing Loans made to and Letters of Credit issued upon the application of, the Borrower, as such commitment may be reduced from time to time in accordance with the terms of this Agreement. The amount of the Facility A Commitment of each Lender as of the Closing Date is set forth on Schedule 1.1(B) [Commitments of Lenders and Addresses for Notices].
Facility A Commitment means $125,000,000.00, as reduced pursuant to Section --------------------- 2.6 of the Credit Agreement .
Facility A Commitment shall have the meaning assigned to it in Section 2.01(a).
Facility A Commitment means, with respect to each Lender, the obligation of such Lender to make available to the Borrower, Borrowings under the Facility A in an aggregate principal amount at any one time outstanding of up to, but not exceeding, its Lender's Proportion of the Facility A Total Commitment;