Supplemental Commitment definition

Supplemental Commitment shall have the meaning specified in the Fee Letter.
Supplemental Commitment means, as of any date of determination, the lesser of (x) an amount equal to (1) One Hundred Twenty-Five Million Dollars (U.S. $125,000,000) minus (2) the Total Residual Facility Outstandings as of such date of determination and (y) the aggregate Principal Balance (as of the applicable Borrowing Base Reference Date) of all Class 1 Eligible Contracts.
Supplemental Commitment means, for each Lender, the obligation of such Lender to make Advances, in an aggregate principal and/or face amount not to exceed the Supplemental Commitment amount set forth opposite such Lender’s name on Appendix A(3) attached hereto.

Examples of Supplemental Commitment in a sentence

  • The Administrative Agent shall promptly notify the Lenders of the new Applicable Percentages after giving effect to the increase in the Commitments on the Supplemental Commitment Date.

  • The Administrative Agent shall promptly notify the Lenders of the new Applicable Percentages after giving effect to the Supplemental Commitment.

  • However, positive aspects of the program have also been identified with up to two-thirds of mental health related calls received through the program in Birmingham being addressed in the community without the need for police transportation or coercive measures.33 The third model, the Crisis Assessment and Treatment Team (CATT) model, promotes the sole use of mental health professionals for responding to mental health crises.

  • If the Aggregate Commitments are increased in accordance with this Section, the Administrative Agent shall promptly notify the Lenders of the amount of the Supplemental Commitment and the revised Applicable Percentages after giving effect to the same.

  • Each Lender made a Second Supplemental Loan to the Borrower on the Second Supplemental Closing Date in an amount equal to the amount of the Second Supplemental Commitment of such Lender.


More Definitions of Supplemental Commitment

Supplemental Commitment means, with respect to each Supplemental Lender, the commitment of such Supplemental Lender to make Supplemental Loans to the Borrower in an aggregate principal amount not exceeding the amount set forth with respect to such Revolving Lender on Schedule II, as such schedule may be amended pursuant to Section 2.23, or, in the case of a Person becoming a Supplemental Lender after the Closing Date, the amount of the assigned “Supplemental Commitment” as provided in the Assignment and Acceptance executed by such Person as an assignee, or the joinder executed by such Person, in each case as such commitment may subsequently be increased or decreased pursuant to the terms hereof.
Supplemental Commitment means the $7,000,000.00 of additional funds available over and above the basic Commitment of $19,500,000.00, which Supplemental Commitment shall be available only until April 30, 1997, and the $4,000,000.00 of additional funds available thereafter only until June 30, 1997, which Supplemental Commitment shall, while existent, unless otherwise specified, be considered a part of the Commitment."
Supplemental Commitment means, with respect to each Cash Equity ----------------------- Investor, the amount set forth opposite its name on Schedule I under the heading "Supplemental Commitment."
Supplemental Commitment means the commitment of Lenders having interests in the Supplemental Commitment to make Supplemental Loans and to issue Supplemental Letters of Credit in an aggregate amount not to exceed $30,500,000. As of February 26, 1999, ING Capital is the only Lender having an interest in the Supplemental Commitment.
Supplemental Commitment means, for each Lender, the obligation of such lender to make one or more Revolving Loans or Acquisition Loans not exceeding the amount set forth on EXHIBIT B opposite such Lender's name (or, if applicable, Additional Lender(s)) under the respective heading "Acquisition Loan Commitment After the Commitment Increase Date" and "Revolving Loan Commitment After the Commitment Increase Date", or as indicated in the Assignment by which it became a Lender in each case as modified from time to time pursuant to the terms of this Agreement.
Supplemental Commitment means the agreement of the Banks contained in the Credit Agreement, under which the Banks agree to provide a supplemental revolving line of credit to the Company in the maximum principal amount of $4,000,000 subject to the terms set forth therein.
Supplemental Commitment as to any Lender, its obligation to ----------------------- make a Supplemental Loan to the Borrower pursuant to Section 2.1(b) in the amount set forth opposite such Lender's name on Schedule I under the caption "Supplemental Loan".