Initial Aggregate Commitment definition

Initial Aggregate Commitment means the Aggregate Commitment as of the Agreement Effective Date.
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Initial Aggregate Commitment has the meaning given such term in Clause 2.1;
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Examples of Initial Aggregate Commitment in a sentence

  • The Unused Fee shall be payable quarterly in arrears on the first Business Day of each calendar quarter (for the prior calendar quarter) commencing on April 3, 2017; provided that, and notwithstanding the foregoing, if, on or prior to January 31, 2017, the Lenders shall make Advances pursuant to Section 2.1(a) with an aggregate principal amount of at least the entire Initial Aggregate Commitment, no Unused Fee shall be due and/or payable by the Borrower hereunder for any period.

  • On the Availability Termination Date, the undrawn portion of the Initial Aggregate Commitment shall be permanently terminated, the Lenders shall have no further obligation to make Advances in respect of their respective portions of such undrawn Initial Aggregate Commitment hereunder, and the Borrower shall pay to the Administrative Agent the Commitment Termination Fee, if any, as set forth in Section 2.5.

  • The Borrower agrees to pay to the Administrative Agent, for the account of each Lender, on the Availability Termination Date, a commitment termination fee (the “Commitment Termination Fee”) equal to an aggregate amount computed by multiplying (i) 0.75%, times (ii) the amount of the unused Initial Aggregate Commitment.

  • Facility Fee; Initial Aggregate Commitment; Maximum Credit Amount; Commitment Fee Rate .............................................

Related to Initial Aggregate Commitment

  • Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure at such time.

  • Aggregate Commitment means the aggregate of the Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Commitment is $500,000,000.

  • Aggregate Commitment Amount means the aggregate principal amount of the Aggregate Commitments from time to time. On the Closing Date, the Aggregate Commitment Amount equals $1,500,000,000.

  • Revolving Credit Aggregate Commitment means Eighty Million Dollars ($80,000,000.00), subject to increases pursuant to Section 2.12 hereof up to the Revolving Credit Optional Increase Amount, and subject to reduction or termination under Section 2.11 or 9.2 hereof.

  • Aggregate Commitments means the Commitments of all the Lenders.