Maximum Commitments definition

Maximum Commitments means (a) as to any Lender, the aggregate commitment of such Lender to make its ratable portion of the Loan and (b) as to all Lenders, the aggregate commitment of all Lenders to make the Loan which aggregate commitment shall be the Loan Amount.
Sample 1Sample 2Sample 3
Maximum Commitments means (a) as to any Lender, the aggregate commitment of such Lender to make its ratable portion of the Loan and (b) as to all Lenders, the aggregate commitment of all Lenders to make the Loan which aggregate commitment shall be $50,000,000, as may be increased in an aggregate amount of up to $200,000,000 in the event Lenders elect to increase the Loan Amount in accordance with Section 2.5Section 2.5.
Sample 1

Examples of Maximum Commitments in a sentence

  • Administrative Agent may, at any time and from time to time during the Reinvestment Period, upon written notice to the Borrower Representative, increase the Maximum Commitments up to Two Hundred Million Dollars ($200,000,000) in the aggregate, in which case the Maximum Commitment of each Lender shall increase accordingly without the consent of any Lender.

  • On the terms and subject to the conditions of this Agreement, the Lenders agree to lend to Xxxxxxxx and Xxxxxxxx agreesBorrowers and Borrowers agree to borrow from Lenders, in installments, the Loan in a maximum principal amount at any time outstanding not to exceed at any time the Maximum Commitments (as may be increased pursuant to Section 2.5Section 2.5) or such lesser amount as shall then be available pursuant to the terms of this Agreement.

  • For any Tranche X Lender at any date, the Tranche X -------------------- Maximum Commitments as of such date, multiplied by such Tranche X Lender's Tranche X Commitment Percentage as of such date.

  • So long as no request for borrowing is outstanding, the Fund may terminate the lenders’ commitments (the “Commitments”) or reduce the Maximum Commitment by giving prior irrevocable written notice to the Administrative Agent Any reduction of the Maximum Commitments shall be in an amount equal to $10 million or multiples thereof; and in no event shall a reduction by the Fund reduce the Commitments to $35 million or less (in each case, except for a termination of all the Commitments).

  • Any reduction of the Maximum Commitments shall be in an amount equal to $10 million or multiples thereof; and in no event shall a reduction by the Fund reduce the Commitments to $35 million or less (in each case, except for a termination of all the Commitments).

  • If a Note Issuer elects not to fund its Purchaser Group’s portion in full, such Note Issuer’s related Purchasers with Maximum Commitments shall, subject to Sections 1.1(a), 1.2(a) and the satisfaction of the applicable conditions set forth in Exhibit II hereto, make available any such shortfall on such date of purchase.

  • The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Maximum Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required.

  • Ericsson shall present to the Board of ---------------- Directors of LM Ericsson Telefonaktiebolaget, at the next meeting of such Board of Directors after the date of this Amendment and Restatement, a proposal to increase the Tranche X Maximum Commitments from $202,500,000 to $217,500,000.

  • The Administrative Agent, acting solely for this purpose as an agent of the Borrowers, shall maintain at the Administrative Agent's office a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Maximum Commitments of, and principal amounts of the Loans owing to, each Lender pursuant to the terms hereof from time to time (the "Register").

  • For purposes of this Act, landfill gas produced in the 6 State is a renewable energy resource, but tires; garbage; 7 general household, institutional, and commercial waste; 8 industrial lunchroom or office waste; landscape waste (other 9 than trees and tree trimmings); railroad crossties; utility 10 poles; and construction or demolition debris (other than 11 untreated and unadulterated waste wood) are not.

Related to Maximum Commitments

  • Maximum Commitment means initially the amount specified in item 4 on Schedule A, as such amount may be reduced from time to time in accordance with Section 2.04(a).

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000).

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

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

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The initial amount of the Aggregate Revolving Commitments in effect on the Closing Date is $350,000,000.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Total Commitment means the sum of the Commitments of the Lenders.

  • Aggregate Revolving Commitment means the sum of the Revolving Commitments of all the Revolving Lenders.

  • Total Commitments at any time, the aggregate amount of the Commitments then in effect.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

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

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

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

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.

  • 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.

  • Aggregate Revolving Committed Amount means the aggregate amount of Revolving Commitments in effect from time to time, being initially ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000).

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.