Fund Commitment definition

Fund Commitment means monies contributed to the Fund in the form of Redeemable Convertible Preference Shares (RCPS) which is loan convertible to equity, may be deployed by the Fund for financing, investments and operations in the manner in which the capital of the Fund is deployed.
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Fund Commitment means the sum of (i) the purchase price of the Preferred Shares to be purchased by the Investors pursuant to this Agreement plus (ii) the purchase price of the Common Shares to be purchased by the Investors pursuant to this Agreement plus (iii) the purchase price of the Investor Warrants.
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Fund Commitment means $25,000,000.
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Examples of Fund Commitment in a sentence

  • Notwithstanding anything to the contrary contained herein, the Purchaser may request, and the Fund shall, if requested, increase the Commitment by increasing the Cash Amount to the extent that the Closing Adjustment increases the Purchase Price; provided, however, that such request for an increase to the Cash Amount shall be made to the Fund and the Other Fund proportionally based on the Commitment of the Fund and the Other Fund Commitment Amounts.

  • This Letter Agreement and the Other Fund Commitment constitute the sole agreement, and supersede all prior agreements, understandings and statements, written or oral, between the Fund or any of its affiliates, on the one hand, and the Purchaser or any of its affiliates, on the other, with respect to the subject matter herein.

  • This Letter Agreement and the obligation of the Fund to fund the Commitment will terminate automatically and immediately upon the earliest to occur of (i) the full discharge of the obligations herein in connection with the Closing, (ii) the valid termination of the Purchase Agreement in accordance with its terms or (iii) the valid termination of the Other Fund Commitment.

  • Permitted Encumbrances - Golfcrest Taxes for 1996 Permitted Encumbrances - Cedar Hills Taxes for 1996 and matters set forth in Schedule B-II, items 4, 5, 6 and 7 of Attorneys Title Insurance Fund Commitment No. C2262506.

  • INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT, AS TRUSTEE OF THE GLOBAL PARTNERSHIP FOR EDUCATION FUND GENERAL SECRETARIAT FOR INTERNATIONAL DEVELOPMENT COOPERATION / SECRETARÍA GENERAL DE COOPERACIÓN INTERNACIONAL PARA EL DESARROLLO Global Partnership for Education Fund Commitment of Funds Global Partnership for Education Fund Cancellation of Commitment of Funds Global Partnership For Education Fund [SE/ME name] [SE/ME Name] Ref.

  • The Investment Manager shall close each Investment Opportunity for which all of the conditions of the related Investment Manager Commitment and Fund Commitment have been satisfied by utilizing documentation acceptable to the General Partner (the “Documents”).

  • The Participant’s Sovereign Project Fund Commitment is made in respect of, and its Sovereign Project Fund Contribution is to be used solely for the purposes of, the Sovereign Project Fund, as agreed between the Participant and EBRD in the General Conditions and the Rules.

  • The Sovereign Participant hereby:- (i) acknowledges receipt of a copy of the General Conditions and the Rules, each as in force as of the date of this Agreement; and (ii) agrees that the General Conditions and the Rules shall apply to this Contribution Agreement and any Green Carbon Fund Commitment made pursuant to this Agreement and to each Contribution, as if incorporated herein in full.

  • If at any time between the date of the Triggering Event and the End Date the value of the Icahn Fund Commitment is less than $1 billion, the management fee and incentive allocation assessed against the Icahn Committed Funds shall equal to the fees applicable if the value of the Icahn Fund Commitment were $1 billion.

  • The Sovereign Participant hereby commits the amount of Euro Five Million (€5,000,000) to the Sovereign Project Fund of the MCCF, as a Sovereign Project Fund Commitment.

Related to Fund Commitment

  • Incremental Commitment means any commitment made by a lender to provide all or any portion of any Incremental Facility or Incremental Loan.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Group Commitment means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such Purchaser Group.

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.