New Commitment definition

New Commitment has the meaning specified in Section 2.21(a).
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New Commitment shall have the meaning assigned to such term in Section 2.23.
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New Commitment has the meaning specified in Section 2.12(a)(vi).
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Examples of New Commitment in a sentence

  • Upon the execution, delivery, acceptance and recording of a New Commitment Acceptance, from and after the Increase Date related thereto such New Lender shall be a party hereto and have the rights and obligations of a Lender hereunder having the Commitment specified therein (or such lesser Commitment as shall be allocated to such New Lender in accordance with Section 2.06(b)(vi) or 2.15(d)).

  • Check only one of the following: □ The undersigned is a Bank with an existing Commitment and consents to this Amendment with respect to the full amount of its existing Commitment, which amount will be converted in full to a New Commitment.

  • Check only one of the following: □ The undersigned is a Bank with an existing Commitment and consents to this Amendment with respect to the full amount of its existing Commitment, which amount will be converted in full to an New Commitment.

  • Each such notice shall specify the date (each, an “Increased Amount Date”) on which the applicable Borrower proposes that the New Commitments shall be effective, which shall be a date not less than five Business Days after the date on which such notice is delivered to Agent (or such shorter period as may be agreed by the Agent); provided that any Lender offered or approached to provide all or a portion of the New Commitments may elect or decline, in its sole discretion, to provide a New Commitment.

  • Notwithstanding anything herein to the contrary, any Extended Commitment provided by New Commitment Lenders shall be pro rata to each New Commitment Lender.


More Definitions of New Commitment

New Commitment has the meaning set forth in Section 9.7.
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New Commitment means any written commitment Seller may receive during the Term of this Agreement from a third party to provide factoring to Seller, which commitment Seller intends to accept.
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New Commitment means, for each Lender, any commitment to make New Term Loans provided by such Lender pursuant to Section 2.05(e) in such amount as agreed by such Lender.
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New Commitment means the Commitment of each Remaining Lender under the Credit Facility as set out in Appendix 2.
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New Commitment means, with respect to each New Lender, the commitment, if any, of such New Lender to make New Loans on the Restatement Effective Date, expressed as an amount representing the maximum principal amount of the New Loan to be made by such New Lender hereunder. The amount of each New Lender’s New Commitment is set forth on Schedule 1.1-I, or in the Assignment and Acceptance Agreement pursuant to which such New Lender shall have assumed its New Commitment, as applicable.
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New Commitment means any Commitment entered into by or on behalf of CDC after the Commencement Date (for the avoidance of doubt, a follow-on investment entered into by CDC in respect of any New Commitment shall alsobe considered to be a New Commitment for the purposes of this Investment Policy).
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New Commitment means, with respect to any Pro Rata Lender, its allocated principal amount of the Pro Rata Facilities (including all unfunded commitments and outstanding loans under any of the Pro Rata Facilities) on and immediately after giving effect to the Amendment No. 5 Effective Date in excess of the aggregate principal amount of such Pro Rata Lender’s existing unfunded commitments and outstanding loans under the Existing Pro Rata Facilities as of (but immediately prior to) the Amendment No. 5
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