Forward Purchase Commitments definition

Forward Purchase Commitments means those agreements for the acquisition of a Project or Projects (or of ownership interests therein) for an agreed and specified purchase price entered into by Borrower, another member of the Consolidated Group or an Investment Affiliate which have become unconditional due to the expiration of any due diligence period or other right of purchaser to terminate such agreement, other than as a result of a default by the seller, a casualty or condemnation or the failure of another customary closing condition.
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Examples of Forward Purchase Commitments in a sentence

  • For the avoidance of doubt, except as provided above with respect to Forward Purchase Commitments or under “Additional Investments” below, the Borrower may enter into a Commitment with respect to a Portfolio Asset only when the Portfolio Asset is funded and at least 48 hours have thereafter elapsed.

  • For the avoidance of doubt, except as provided above with respect to Forward Purchase Commitments, the Issuer may enter into a Commitment with respect to a Collateral Debt Obligation only when the Collateral Debt Obligation is funded and at least 48 hours have thereafter elapsed.

Related to Forward Purchase Commitments

  • Purchase Commitment has the meaning set forth in Section 1.02(a).

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Commitment Date has the meaning specified in Section 2.18(b).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount equals $100,000,000.