Term Commitment Amount definition

Term Commitment Amount means, on any date, $25,000,000.
Term Commitment Amount means, as of any date of determination, Fifteen Million Dollars ($15,000,000.00), as such amount may be reduced from time to time in accordance with the provisions hereof.
Term Commitment Amount means, with respect to each Lender, the amount of the Term Commitment set forth opposite that Lender’s name in Exhibit A or on any Assignment and Assumption, unless said amount is reduced pursuant to Section 2.10 or 7.2 or increased pursuant to Section 2.22, in which event it means the amount to which said amount is reduced or increased.

Examples of Term Commitment Amount in a sentence

  • Once reduced in accordance with this Section, neither the Revolving Line of Credit Commitment Amount nor the Term Commitment Amount may be increased.

  • Any reduction of the Revolving Line of Credit Commitment Amount or the Term Commitment Amount shall be applied to the applicable Commitment of each Lender according to its Pro Rata Share thereof.

  • Caissie That Report No. LBD-2019-009, dated May 1, 2019regarding Staff Development Day be received; AND FURTHER THAT the request to close all Library branches and cancel all offsite programs on Monday, October 7, 2019 to support a Library Staff Development Day be approved.Seconded by B.

  • Ibid.As the initial 28-year term of copyright protec- tion in the Captain America works neared its end, Simon sued Timely.

  • Pro Rata Share of Aggregate Commitments, Revolving Line of Credit Commitment Amount and Term Commitment Amount Bank of America, N.A. $ 7,500,000.00 $ 7,500,000.00 $ 15,000,000.00 50.000000000 % Xxxxx Fargo Bank, National Association $ 7,500,000.00 $ 7,500,000.00 $ 15,000,000.00 50.000000000 % Total $ 15,000,000.00 $ 15,000,000.00 $ 30,000,000.00 100.000000000 % SCHEDULE 5.06 Litigation TITLE CASE # Court/County/State Xxxxxxxxxx et al.


More Definitions of Term Commitment Amount

Term Commitment Amount means, with respect to each Lender, the amount of the Term Commitment set forth opposite that Lender’s name in Schedule 2.1 or on any Assignment Agreement.
Term Commitment Amount means, as of any date of determination, Thirty Million Dollars ($30,000,000.00), as such amount may be reduced from time to time in accordance with the provisions hereof.
Term Commitment Amount means $5,000,000.
Term Commitment Amount means Twenty-Five Million Dollars ($25,000,000), being the maximum amount of the Term Commitments of all Banks, in the aggregate, to make Term Advances to the Borrower pursuant to Section 2.2.
Term Commitment Amount means the lesser of (i) $4,800,000 or (ii) 80% of Borrower’s invoice cost (net of tax, shipping, freight, installation, and other so-called “soft costs”) of all Equipment that is to be or has been purchased by Borrower with the proceeds of Term Commitment Advances, or for which Borrower has been reimbursed with the proceeds of Term Commitment Advances.
Term Commitment Amount means the lesser of (i) $86,600,000 and (ii) an amount equal to 70 percent of the Project Cost, as certified by the Borrower to the Administrative Agent on or before the Effective Date.
Term Commitment Amount shall have the meaning assigned to that term in Section 1.2.