Guarantee Facility Commitment definition

Guarantee Facility Commitment means USD 50,000,000 as that amount may be reduced, cancelled or terminated in accordance with this Agreement.
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Guarantee Facility Commitment means USD 280,000,000 as that amount may be reduced, cancelled or terminated in accordance with this Agreement.
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Guarantee Facility Commitment means $100,000,000 or the equivalent thereof in Optional Currencies as such amount may be reduced or cancelled by any relevant term of this Agreement;
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Examples of Guarantee Facility Commitment in a sentence

  • If the Commercial Lenders Guarantee is not issued by the expiry of the Availability Period-Commercial Lenders’ Guarantee, the Guarantee Facility Commitment shall automatically be cancelled at the same time.

  • Subject to the terms of this Agreement, the Commercial Lenders make available to the Borrower, during the Availability Period-Commercial Lenders’ Guarantee, a guarantee facility in the amount of up to the Guarantee Facility Commitment (the “Guarantee Facility”) granted by the Commercial Lenders in the form of the Commercial Lenders’ Guarantee conditional upon the utilisation of the Eksportfinans Commercial Facility.

  • At close of business at the end of the Availability Period, the undrawn portion of the Guarantee Facility Commitment will be cancelled automatically.

  • Notwithstanding anything to the contrary in this Agreement and irrespective of the Original Lender’s Loan Commitment, it is understood among the Parties that for as long as the Total Commitments are less than CHF [], the credit facility made available to the Borrower under this Agreement shall not exceed the Initial Construction Facility Amount and the Guarantee Facility Commitment.


More Definitions of Guarantee Facility Commitment

Guarantee Facility Commitment means, in relation to a Lender, the amount set opposite its name in the second column of Schedule 1, as that amount may be reduced, cancelled or terminated in accordance with this Agreement (and “Total Guarantee Facility Commitments” means the aggregate of the Guarantee Facility Commitments of all the Lenders);
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Guarantee Facility Commitment means in relation to the Guarantee Facility Lender the amount set opposite its name under the heading “Guarantee Facility Commitment” in Schedule 1B.
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