Real Property Commitment definition

Real Property Commitment means with respect to each Real Property Lender, its Real Property Commitment, as such Dollar amount is set forth beside such Real Property Lender’s name under the applicable heading on Schedule C-1.
Sample 1
Real Property Commitment has the meaning set forth in Section 5(a)(xii) below. “Second Escrow Period” has the meaning set forth in Section 8(b)(v) below. “Security Interest” means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic’s, materialmen’s, and similar liens incurred in the Ordinary Course of Business not yet due and payable, (b) liens for Taxes not yet due and payable or for Taxes that the taxpayer is contesting in good faith through appropriate proceedings, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred in connection with the borrowing of money. “Steinach Property Transfer” means the sale, transfer, assignment, grant, gift or other conveyance of real property in Germany prior to the Closing Date by the Company or any corporation, partnership or other person or entity affiliated with the Company or the Stockholders, including without limitation three (3) parcels of real property located in Steinach, Germany. 6
Sample 1
Real Property Commitment means with respect to each Real Property Lender, its Real Property Commitment, as such Dollar amount is set forth beside such Real Property Lender’s name under the applicable heading on Schedule C-1. “Real Property Lenders” means Lenders which make Real Property Advances to U.S. Borrowers pursuant to such Real Property Lender’s Real Property Commitment. 9 “Real Property Revolver Usage” means, as of any date of determination, the sum of the then extant amount of outstanding Real Property Advances. “U.S. Eligible In-Transit Inventory” means Inventory of U.S. Borrowers that does not qualify as Eligible Inventory under clause (b) of the definition of Eligible Inventory solely because it is not at a location in the United States set forth on Schedule E-1 or in transit among such locations in the United States and that meets the following criteria, which criteria may be revised by Agent in its Permitted Discretion from time to time after the Closing Date: (a) the Inventory was the subject of a Qualified Import Letter of Credit, or was paid for in full by a U.S. Borrower, (b) such Inventory currently is in transit (whether by vessel, air, or land) to a location set forth on Schedule E-1 in the United States that is the subject of a Bailee Acknowledgment or a Collateral Access Agreement, (c) title to such Inventory has passed to the applicable U.S. Borrower, (d) such Inventory is insured against types of loss, damage, hazards, and risks, and in amounts, satisfactory to Agent in its Permitted Discretion, (e) such Inventory is either (1) the subject of a negotiable document of title that (x) is in the name of the Agent, a U.S. Borrower or an Approved Customs Broker and has not been consigned to any third parties other than to the Agent, a U.S. Borrower or an Approved Customs Broker (either directly or by means of endorsements), (y) was issued by the carrier or consolidator respecting the subject Inventory, and (z) is either (I) in the possession of the Borrowers (and held at a location in the United States listed on Schedule E-1), the Agent or an Approved Customs Broker or (II) the subject of a telefacsimile copy that Agent or a U.S. Borrower has received from the Underlying Issuer which issued the Underlying Letter of Credit and as to which Agent or a U.S. Borrower also has received a confirmation from such Underlying Issuer that such document is in-transit by air-courier to Agent, U.S. Borrower or an Approved Customs Broker; or (2) at a port of entry in a State of...
Sample 1

Examples of Real Property Commitment in a sentence

  • Section 14.1(a) of the Loan Agreement is hereby amended by inserting “in respect of the U.S. Commitment or the Canadian Commitment, and $2,500,000 in respect of the Real Property Commitment ” immediately after the reference “$10,000,000” in the fourth line therein.

  • Xxxxxxx Title: Vice President 31 Exhibit A Exhibit B-1 - Form of Borrowing Base Certificate 32 Exhibit B Exhibit C-3 Form of Instrument of Accession 33 Exhibit C 34 Schedule C-1 Commitments as of August 31, 2006 Lender Canadian Commitment U.S. Commitment Real Property Commitment Xxxxx Fargo Retail Finance, LLC $0 $65,000,000* $10,000,000 National City Business Credit, Inc.

  • Since the sampling capacitors are driven differentially in sampling phase, bottom-plate sampling technique is not an option, so input-dependent charge injected by sampling switches leads to gain error and distortion.

  • Company will not be entitled to any Program Grants for the Phase 2 Real Property Commitment if the City terminates this Agreement for failure to comply with the Phase 1 Real Property Commitment.

Related to Real Property Commitment

  • Service commitment area means a medically underserved Iowa city with a population of less than 26,000 that is located more than 20 miles from a city with a population of 50,000 or more. Each applicant participating in the program must contract with the service commitment area to ensure the service commitment area provides a nonrefundable $2,000 contribution for deposit in the rural Iowa advanced registered nurse practitioner and physician assistant trust fund. Payment of the nonrefundable contribution to the trust fund can be made by, but is not limited to, the following organizations: community agencies, hospitals, medical groups, municipalities, community foundations, local government entities, or other community entities. Locations and distances between cities will be consistently measured and verified by calculating the straight-line distance between main post offices.

  • Real Property Collateral means the parcel or parcels of Real Property identified on Schedule R-1 and any Real Property hereafter acquired by Borrower.

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

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

  • Revolving Facility Commitment means, with respect to any Revolving Facility Lender, such Lender’s commitment to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Lender’s Revolving Facility Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04 and (c) increased (or replaced) as provided under Section 2.20. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 to the Original Credit Agreement, or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment (or Incremental Revolving Facility Commitment), as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments as of the Closing Date is $100,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Title Commitments has the meaning set forth in Section 5.9.

  • Mortgaged Real Property means each of the parcels of real property set forth on Schedule 4 hereto, or interests therein, owned in fee by a Credit Party, together with each other parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • U.S. Commitment means, with respect to each U.S. Revolving Lender, the commitment, if any, of such U.S. Revolving Lender to make U.S. Revolving Loans and to acquire participations in U.S. Letters of Credit, Swingline Loans and U.S. Protective Advances hereunder, expressed as an amount representing the maximum possible aggregate amount of such U.S. Revolving Lender’s U.S. Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such U.S. Revolving Lender pursuant to Section 9.04. The initial amount of each U.S. Revolving Lender’s U.S. Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such U.S. Revolving Lender shall have assumed its U.S. Commitment, as applicable. The aggregate initial amount of the U.S. Commitments is $800,000,000.

  • Letter of Credit Commitment means, with respect to the Issuer, the Issuer's obligation to issue Letters of Credit pursuant to Section 2.1.3 and, with respect to each of the other Lenders that has a Revolving Loan Commitment, the obligation of each such Lender to participate in such Letters of Credit pursuant to Section 2.6.1.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Real Property Laws shall have the meaning set forth in Section 3.8(c).

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Canadian Commitment means the obligation of the Canadian Lender to (a) make Canadian Loans to the Canadian Borrowers and (b) issue Canadian Letters of Credit for the account of the Canadian Borrowers pursuant to Section 2.03, in an aggregate principal amount at any one time outstanding not to exceed C$15,000,000, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being US$830,000,000 at the date of this Agreement.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Unissued Letter of Credit Commitment means, with respect to any Issuing Bank, the obligation of such Issuing Bank to issue Letters of Credit for the account of the Borrower or its specified Subsidiaries in an amount equal to the excess of (a) the amount of its Letter of Credit Commitment over (b) the aggregate Available Amount of all Letters of Credit issued by such Issuing Bank.

  • Facility B Commitment means, with respect to each Facility B Lender, the commitment, if any, of such Lender to make Facility B Revolving Loans and to acquire participations in Facility B Letters of Credit, Facility B Protective Advances and Facility B Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility B Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09, (b) assignments by or to such Lender pursuant to Section 9.04 and (c) Section 2.22. The initial amount of each Lender’s Facility B Commitment is set forth on the Commitment Schedule, in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility B Commitment or in the supplement to this Agreement pursuant to which such Lender shall have provided an additional Facility B Commitment in accordance with Section 2.22, as applicable. The initial aggregate amount of the Lenders’ Facility B Commitments is $200,000,000.

  • L/C Commitment $50,000,000.

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Facility A Commitment means, with respect to any Lender, the principal amount set out beside such Lender's name in Schedule V with reference to Facility A, as amended from time to time, and to the extent not cancelled or terminated hereunder.