Examples of Facility Commitment in a sentence
On the Effective Date, Reorganized Congoleum shall obtain exit financing consistent with the terms and conditions set forth in the Exit Facility Commitment Letter or Term Sheet, which shall be filed as part of the Plan Supplement, from the Exit Facility Lenders.
Each Additional Facility Commitment shall terminate on the date specified in the relevant Additional Facility Joinder Agreement.
The aggregate principal balance of the Variable Advances Outstanding at any time shall not exceed the Variable Facility Commitment.
The Funding 1 Liquidity Facility Provider is not obliged to lend more than the Funding 1 Liquidity Facility Commitment.
Each Lender shall have the right, but not the obligation, to participate in any Incremental Facility Commitment on a pro rata basis.