Term Credit Commitment definition

Term Credit Commitment means, as to any Lender, such Lender’s 2025 Term Credit Commitment or 2026 Term Credit Commitment, as applicable.

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Term Credit Commitment has the meaning set out in Section 2.1(2).

Term Credit Commitment shall have the meaning assigned to such term in Paragraph 2.3 hereof.

Examples of Term Credit Commitment in a sentence

• Any undrawn portion of any Term Credit Commitment shall be cancelled immediately following the Closing Date.

• Each such reduction shall be in the aggregate amount of $10,000,000 or such greater amount which is in an integral multiple of $1,000,000, or the entire remaining Total Short Term Credit Commitment, and shall permanently reduce the Total Short Term Credit Commitment.

• The amount of each Term Loan which each Lender so made to the Borrower is as set forth opposite such Lender's signature hereto under the heading "Term Credit Commitment" (collectively, the "Term Credit Commitments" and individually, a "Term Credit Commitment").

• Any and all Loans and ------------- advances made by Bank pursuant to the Term Credit Commitment shall be payable on January 29, 1999.

• Loans made by each Lender shall be evidenced by the Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Short Term Credit Commitment, which Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.

More Definitions of Term Credit Commitment

Term Credit Commitment means, as to any Lender, the obligation of such Lender to make its Term Loans in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term Credit Commitments of the Lenders aggregate $50,000,000 on the Closing Date.

Term Credit Commitment is defined in Section 1.3 hereof.

Term Credit Commitment or "Commitment" shall mean Twenty Five Million and No/100 Dollars ($25,000,000.00) as the same may be increased or decreased from time to time as a result of any reduction thereof pursuant to Section 2.03 or any amendment thereof pursuant to Section 9.02.

Term Credit Commitment. Address: One First Union Center $33,333,333.32 301 ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇-▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Attention: Scot▇ ▇▇▇ta Cruz Lending Office: [Same As Above Attention: Operations]

Term Credit Commitment means, with respect to each Term Credit Bank, the amount set forth opposite such Term Credit Bank's name on Schedule 2.1 under the heading "Term Credit Commitment", as such Term Credit Commitment shall be terminated pursuant to Section 2.7(a)(iv) or Section 9.2.

Term Credit Commitment and "TERM CREDIT COMMITMENTS" shall have the meanings specified in Section 1.1(b) hereof.

Term Credit Commitment means Three Million Three Hundred Seventy Five Thousand U.S. Dollars (U.S. $3,375,000).