Non-Extended 2023 Commitments definition

Non-Extended 2023 Commitments means, relative to any Lender, such Lender’s obligations to make Non-Extended 2023 Revolving Loans and purchase participations in L/C Obligations pursuant to Sections 2.1 and 2.12, initially in the amount and percentage set forth in Part I of Schedule 1.1-C attached as Exhibit B to the Fifth Amendment, or pursuant to Section 10.10, as such obligations may be reduced or increased from time to time as expressly provided pursuant to this Agreement. ​

Examples of Non-Extended 2023 Commitments in a sentence

  • If, but only if, Extending Lenders and Replacement Lenders have agreed to provide applicable Commitments in an aggregate amount greater ​ ​ ‌ ​ ‌ ​ ​ than 50% of the aggregate amount of the Non-Extended 2023 Commitments or Extended 2025 Commitments, as applicable, outstanding immediately prior to such anniversary date, the applicable Commitment Termination Date of such Extending Lenders and Replacement Lenders shall be extended by one year.

Related to Non-Extended 2023 Commitments

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • Affiliate of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Person means any individual, corporation, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.