Initial Commitment Party definition

Initial Commitment Party means each Initial Secured Commitment Party and each Initial Unsecured Commitment Party.
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Initial Commitment Party means each Commitment Party party to this Agreement as of the date hereof, listed as an Initial Commitment Party on Schedule 1 (as it may be amended, supplemented or otherwise modified from time to time in accordance with this Agreement, and subject to Section 2.2(a)). Unless the context otherwise requires, each reference herein to an Initial Commitment Party shall be deemed also to include a reference to such Initial Commitment Party’s Related Purchaser, if applicable.
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Initial Commitment Party means Osmium Partners, LLC.
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Examples of Initial Commitment Party in a sentence

  • The BCA Approval Order and the Disclosure Statement Order shall be in form and substance reasonably acceptable to the Initial Commitment Party.

  • The Company shall provide to the Initial Commitment Party and its counsel a copy of the proposed Plan and the Disclosure Statement and any proposed amendment, modification, supplement or change to the Plan or the Disclosure Statement, and a reasonable opportunity to review and comment on such documents.

  • The Plan and Disclosure Statement shall be in form and substance reasonably acceptable to the Initial Commitment Party.

  • You also agree that each Commitment Party may at any time and from time to time assign all or any portion of its Commitment hereunder to one or more of its affiliates; provided that no Commitment Party shall be relieved of any portion of its Commitments hereunder (other than, in the case of an Initial Commitment Party, in connection with the assignment of Commitment to an Additional Commitment Party) prior to the funding under the ABL Facility.

  • The Initial Commitment Party shall promptly provide summary copies of all invoices (redacted as necessary to protect privileges) to the Debtors and to the United States Trustee.

  • On the Closing Date, except in the case of a Commitment Party Default, the Company shall issue to the Commitment Parties or their respective designees warrants to purchase 10,000,000 shares of Common Stock at a strike price equal to 150% of the Offering Price and with a term of five years from the Effective Date (the “Warrants”), pursuant to a warrant agreement in form and substance reasonably acceptable to the Initial Commitment Party and the Company.

  • In the event of any such reallocation, the Commitment Pro Rata Share of each Initial Commitment Party shall be reduced by an amount equal tothe Reallocated Pro Rata Share multiplied by such Initial Commitment Party's Commitment Pro Rata Share as at the date of this Commitment Letter.

  • Following the Closing, the Company shall timely file a Form D with the SEC with respect to the Rights Offering Shares and the Unsubscribed Shares issued hereunder to the extent required under Regulation D of the Securities Act and shall provide, upon request, a copy thereof to each Initial Commitment Party.

  • It is further understood that, other than as contemplated by the Commitment Letter and the Facilities Fee Letter (each, as amended by this letter agreement), and as otherwise agreed to by you, us and each Initial Commitment Party, no other titles may be given, or compensation paid, to lenders in respect of the Facilities.

  • Royal Bank hereby acknowledges that it has, independently and without any reliance upon any Initial Commitment Party or any of its affiliates, or any of its officers, directors, employees, agents, advisors or representatives, and based on such information and * RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of Canada and its affiliates.

Related to Initial Commitment Party

  • Initial Commitment means, in relation to an Initial Senior Noteholder, the amount set out in the relevant Senior Noteholder Fee Letter.

  • Commitment Parties means the “Commitment Parties” as defined in the Commitment Letter.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Incremental Commitment means an Incremental Term Loan Commitment or an Incremental Revolving Facility Commitment.

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • U.S. Commitment means, with respect to each U.S. Lender, the commitment, if any, of such U.S. Lender to make U.S. Revolving Loans and to acquire participations in U.S. Letters of Credit, U.S. Overadvances and U.S. Swingline Loans hereunder, expressed as an amount representing the maximum possible aggregate amount of such U.S. Lender’s U.S. Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such U.S. Lender pursuant to Section 9.04. The initial amount of each U.S. Lender’s U.S. Commitment is set forth on the Revolving Commitment Schedule, or in the Assignment and Assumption pursuant to which such U.S. Lender shall have assumed its U.S. Commitment, as applicable. The U.S. Commitment is a sub-facility of the Revolving Commitment and is not in addition to the Revolving Commitment.

  • 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.

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Commitment Amount means $125,000,000, as reduced from time to time pursuant to Section 6.1.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Backstop Commitment has the meaning set forth in Section 2.2(b).