Mexican Commitment definition

Mexican Commitment means, with respect to each Mexican Lender, the commitment of such Lender to make Mexican Revolving Loans hereunder, in an aggregate amount not to exceed at any time outstanding the lesser of (i) the amount initially set forth opposite such Lender’s name on Schedule 2.01 under the heading “Mexican Commitment” or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Mexican Commitment, as applicable, and (ii) the US Commitment of such Mexican Lender, as either such commitment may be (a) reduced from time to time pursuant to Section 4.03 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 12.04. The original aggregate principal amount of the Mexican Commitments is $100,000,000.
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Mexican Commitment means, with respect to each Mexican Lender, the commitment of such Lender to make Mexican Revolving Loans hereunder, in an aggregate amount not to exceed at any time outstanding the lesser of (i) the amount initially set forth opposite such Lender’s name on Schedule 2.01 under the heading “Mexican Commitment”, “Mexican Extended Commitment” or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Mexican Commitment, as applicable, and (ii) the US Commitment of such Mexican Lender, as either such commitment may be (a) reduced from time to time pursuant to Section 4.03 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 12.04. The aggregate principal amount of the Mexican Commitments as of the Amendment No. 14 Effective Date is $80,500,000100,000,000 of which $80,500,000100,000,000 constitute Mexican Extended Commitments. For the avoidance of doubt, any Mexican Extended Commitments shall be a Mexican Commitment for all purposes of this Agreement.
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Mexican Commitment means, with respect to each Mexican Lender, the commitment of such Lender to make Mexican Revolving Loans hereunder, in an aggregate amount not to exceed at any time outstanding the lesser of (i) the amount initially set forth opposite such Lender’s name on Schedule 2.01 under the heading “Mexican Commitment”, “Mexican Extended Commitment” or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Mexican Commitment, as applicable, and (ii) the US Commitment of such Mexican Lender, as either such commitment may be (a) reduced from time to time pursuant to Section 4.03 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 12.04. The aggregate principal amount of the Mexican Commitments as of the Effective Date is $100,000,000 of which $80,500,000 constitute Mexican Extended Commitments. For the avoidance of doubt, any Mexican Extended Commitments shall be a Mexican Commitment for all purposes of this Agreement.
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Examples of Mexican Commitment in a sentence

  • If the amount of such Bank's Mexican Commitment Percentage of such Mexican Revolving Credit Loans is not made available to the Administrative Agent by such Bank within three (3) Mexican Business Days following such Drawdown Date, the Administrative Agent shall be entitled to recover such amount from the Mexican Borrower on demand, with interest thereon at the rate per annum applicable to the Mexican Revolving Credit Loans made on such Drawdown Date.

  • Collectively, the US Commitment Fee, the Australian --------------- Commitment Fee and the Mexican Commitment Fee.

  • The Mexican Revolving Credit Loans shall be made pro rata in --- ---- accordance with each US Revolving Credit Bank's Mexican Commitment Percentage.

  • The failure or refusal of any US Revolving Credit Bank to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Mexican Commitment Percentage of the requested Mexican Revolving Credit Loans shall not relieve any other US Revolving Credit Bank from its several obligation hereunder to make available to the Administrative Agent the amount of such other US Revolving Credit Bank's Commitment Percentage of any requested Mexican Revolving Credit Loans.

  • In addition, the Total Mexican Commitment and the Total Commitment shall be permanently reduced by the aggregate amount of all mandatory repayments (other than prepayments made pursuant to (S)4.2.1(c)).

  • On the Closing Date, the Total Mexican Commitment shall equal $15,000,000.

  • Not later than 2:00 p.m. (Boston time) ------------------ on the proposed Drawdown Date of any Mexican Revolving Credit Loan, each of the US Revolving Credit Banks will make available to the Administrative Agent at the Administrative Agent's Mexican Lending Office, in immediately available funds, the amount in Dollars of such US Revolving Credit Bank's Mexican Commitment Percentage of such Mexican Revolving Credit Loans made or to be made on such date.

  • The sum of the Total US Commitment of the US Revolving ---------------- Credit Banks, the Total Australian Commitment of the Australian Banks and the Total Mexican Commitment of the US Revolving Credit Banks, as in effect from time to time.

  • Upon the effective date of any such reduction or termination, the Mexican Borrower shall pay to the Administrative Agent for the respective accounts of the US Revolving Credit Banks the full amount of any Mexican Commitment Fee then accrued on the amount of the reduction.

  • Collectively, the US Commitment, Australian Commitment and ---------- Mexican Commitment with respect to each Bank.