MDTL Commitment definition
MDTL Commitment means the commitment of a Lender to make or otherwise fund a MDTL Term Loan and “MDTL Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s MDTL Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the MDTL Commitments as of the Restatement Date is $10,000,000.
MDTL Commitment means the commitment of a Lender to make any MDT Loans during the MDTL Commitment Period, and “MDTL Commitments” means such commitments of all such Lenders. The amount of each Lender’s MDTL Commitment as of the DIP Financing Amendment Effective Date is zero.
Examples of MDTL Commitment in a sentence
Each Lender’s MDTL Commitment shall terminate immediately and without further action on the MDTL Commitment Termination Date after giving effect to the funding of such Lender’s MDTL Commitment, if any, on such date.