Firm Commitment definition

Firm Commitment has the meaning set forth in Section 4.2.

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Firm Commitment means the commitment for insurance of advances or commitment for insurance upon completion, dated __________, issued to Lender by HUD under which the debt evidenced by the Note is to be insured pursuant to a Section of the National Housing Act.

Firm Commitment means an underwriting in which a broker-dealer commits to buy the mortgage loan or the entire issue of securities based upon or backed by 1 or more mortgage loans and assumes all financial responsibility for any unsold securities.

Examples of Firm Commitment in a sentence

• If Client fails to satisfy the Firm Commitment for a Product in any time period, then Catalent may, from time to time, invoice Client, and Client shall be obligated to pay to Catalent in accordance with Article 7, the Price for all Batches of such Product that would have been Processed if Client had satisfied the Firm Commitment in that time period.

• Purchase Orders for quantities of Product in excess of the Firm Commitment shall be submitted by Client at least [***] in advance of the first Processing Date.

• Catalent may reject any Purchase Order in excess of the Firm Commitment or not given in accordance with this Agreement.

• Catalent is authorized to procure, inspect, and release adequate Raw Materials as necessary to meet the Firm Commitment (and, in Catalent’s discretion, for non-binding periods of the Rolling Forecast), or the minimum order quantities established by the vendor, if greater than the foregoing quantities.

• Client may submit Purchase Orders for quantities of Product in excess of the Firm Commitment, and Catalent may accept or reject such Purchase Orders in its sole discretion.

More Definitions of Firm Commitment

Firm Commitment means written commitment to make, purchase, issue, or deliver mortgage loans or mortgage-related securities at fixed interest rates on or before the date specified in the commitment.

Firm Commitment shall have the meaning specified in Section 3.1.

Firm Commitment means a commitment from an Approved Investor or security dealer satisfactory to the Bank, to purchase from the Company a Loan or Loans or a Mortgage-backed Security or Securities under which commitment the Company is obligated to sell such Loan, Loans, or Mortgage-backed Security or Securities.

Firm Commitment has the meaning attributed to it by Clause 2.1;

Firm Commitment means an obligation that is to be unaffected by the expiration of the Option or the termination of the Option by either party;

Firm Commitment means the Work Programs during the first *** Contract Years, as set forth in Sub-section 4.2 of this CONTRACT, for which CONTRACTOR is committed and obligated to complete.

Firm Commitment means the commitment for insurance of advances or commitment for insurance upon completion, dated , issued to Lender by HUD under which the debt evidenced by the Note is to be insured pursuant to a Section of the National Housing Act.