Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.
Participation Commitment means the obligation hereunder of each Lender holding a Revolving Commitment to buy a participation equal to its Revolving Commitment Percentage (subject to any reallocation pursuant to Section 2.22(b)(iii) hereof) in the Swing Loans made by Swing Loan Lender hereunder as provided for in Section 2.4(c) hereof and in the Letters of Credit issued hereunder as provided for in Section 2.14(a) hereof.
Participation Commitment means each Revolving Loan Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.
Examples of Participation Commitment in a sentence
All work indicated for performance by an approved DBE shall be performed, managed, and supervised by the DBE executing the DBE Participation Commitment Statement.
The Utilization Plan shall include a DBE Participation Commitment Statement, Department form SBE 2025, for each DBE proposed for the performance of work to achieve the contract goal.
More Definitions of Participation Commitment
Participation Commitment has the meaning set forth in Section 3.3.
Participation Commitment means, in relation to any Participated Tranche, the amount outstanding under that Participated Tranche, if applicable, less an amount equal to the Participant’s Proportion of any amount of the Commitment under that Participated Tranche cancelled or permanently reduced from time to time pursuant to the relevant Credit Agreement and/or Other Portfolio Agreement.
Participation Commitment shall have the meaning set forth in Section 8.1(c).
Participation Commitment means each Revolving Loan Lender's obligation to buy a participation of the Letters of Credit issuedhereunder.
Participation Commitment is defined in Section 9.9.2.
Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder. “Payee” shall have the meaning set forth in Section 3.10.
Participation Commitment means the obligation hereunder of each Revolving Lender to buy a participation equal to its Revolving Commitment Percentage (subject to any reallocation pursuant to Section 2.17(b)(iii)) in the Swing Loans made by Swing Loan Lender hereunder as provided for in Section 2.7(c) and in the Letters of Credit issued hereunder as provided for in Section 2.26.1.