Definition of Revolving-1 Commitment


Revolving-1 Commitment means, as to each Lender, as of any date of determination, the commitment of such Lender to make Revolving-1 Loans and to acquire participations in Letters of Credit and Swingline Loans hereunder, as the same may be reduced from time to time pursuant to the provisions of this Agreement. The aggregate amount of the Revolving-1 Commitments as of the Restatement Date is $11,253,087.00.
Sample 1

Examples of Revolving-1 Commitment in a sentence

The principal amount of all Revolving-1 Loans shall be due and payable in full, in the currency in which each Revolving-1 Loan was initially funded, on the Revolving-1 Commitment Termination Date.
The Revolving-1 Commitments, the LOC Commitments and the Swingline Commitments shall automatically terminate on the Revolving-1 Commitment Termination Date.
Each Lender's Revolving-1 Loans may, at the election of such Lender, of the Borrower to such Lender in the original amount of such Lender's Revolving-1 Commitment and in substantially the form of Schedule 2.1(d).
ARTICLE II THE LOANS; AMOUNT AND TERMS SECTION 2.1 REVOLVING-1 LOANS 34 (a) Revolving-1 Commitment.
Any Lender not responding within such time period shall be deemed to have declined to increase its Revolving-1 Commitment.