Posting Commitment definition

Posting Commitment means, (a) with respect to each Lender that is a Lender on the date hereof, the percentage of the Actual MTM Exposure (the “Posting Percentage”) set forth opposite such Lender’s name on Schedule 1.1 (a) as such Lender’s “Posting Commitment”, and (b) in the case of any Lender that becomes a Lender after the date hereof, the percentage of the Actual MTM Exposure specified as such Lender’s “Posting Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total Posting Commitment.
Posting Commitment means, (a) with respect to each Lender that is a Lender on the date hereofClosing Date, the percentage of the Actual MTM Exposure (the “Posting Percentage”) set forth opposite such Lender’s name on Schedule 1.1 (a) as such Lender’s “Posting Commitment”, and (b) in the case of any Lender that becomes a Lender after the date hereofClosing Date, the percentage of the Actual MTM Exposure specified as such Lender’s “Posting Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total Posting Commitment.

Related to Posting Commitment

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.