KEXIM Covered Facility Commitment definition

KEXIM Covered Facility Commitment means, in relation to a KEXIM Covered Facility Lender, the amount referred to in Schedule 2.01 (KEXIM Covered Facility Commitments) to the KEXIM Covered Facility Agreement (as such Schedule 2.01 may be updated from time to time).
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KEXIM Covered Facility Commitment means, with respect to each KEXIM Covered Facility Lender, the commitment of such KEXIM Covered Facility Lender to make KEXIM Covered Facility Loans, as set forth opposite the name of such KEXIM Covered Facility Lender in the column entitled “ KEXIM Covered Facility Commitment” in Schedule 2.01, or if such KEXIM Covered Facility Lender has entered into one or more Lender Assignment Agreements, set forth opposite the name of such KEXIM Covered Facility Lender in the Register maintained by the KEXIM Facility Agent pursuant to Section 2.03(e) (Borrowing of Loans) as such KEXIM Covered Facility Lender’s KEXIM Covered Facility Loan Commitment, as the same may be reduced in accordance with Section 2.04 (Termination or Reduction of Commitments).
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Examples of KEXIM Covered Facility Commitment in a sentence

  • Each partial assignment shall be made as an assignment of the same percentage of outstanding KEXIM Covered Facility Commitment and outstanding KEXIM Covered Facility Loans and a proportionate part of all the assigning KEXIM Covered Facility Lender’s rights and obligations under this Agreement with respect to the KEXIM Covered Facility Loan and the KEXIM Covered Facility Commitment.

Related to KEXIM Covered Facility Commitment

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $500,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

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

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.