Total Commitment definition

Total Commitment means, at any time, the sum of the Commitments of each of the Lenders at such time.
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Total Commitment means, at any time, the sum of all of the Banks’ Commitments at such time.
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Total Commitment means the sum of the Total Revolving Credit Commitment and the Total Term Loan Commitment.
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Examples of Total Commitment in a sentence

  • Once reduced or cancelled, the Total Commitment may not be increased or reinstated.

  • From the effective date of any such reduction, the Facility Fee shall be computed on the basis of the Total Commitment (whether used or unused) as so reduced.

  • Notwithstanding anything in this Section 2.3.2 to the contrary, Borrower may not reduce or cancel any portion of the Total Commitment if, after giving effect to such reduction or cancellation, (a) the aggregate Revolving Credit Exposure of all Lenders then outstanding would exceed the Total Commitment or (b) such reduction or cancellation would cause a violation of any provision of this Agreement or the other Credit Facility Documents.

  • Subject to the terms and conditions set forth in this Agreement, each Lender severally agrees to make loans in Dollars to Borrower from time to time during the Availability Period (each, a “Revolving Loan”) in an aggregate principal amount that will not result, after giving effect thereto and the use of proceeds thereof, in (i) such ▇▇▇▇▇▇’s Revolving Credit Exposure exceeding such ▇▇▇▇▇▇’s Commitment or (ii) the total Revolving Credit Exposures of all the Lenders exceeding the Total Commitment.

  • Borrower may, from time to time upon three Banking Days’ written notice to Administrative Agent (who shall promptly deliver such notice to the Lenders), permanently reduce, by an amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof, or cancel in its entirety, the unused portion of the Total Commitment.


More Definitions of Total Commitment

Total Commitment means, at any time, the aggregate amount of the Commitments, as in effect at such time.
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Total Commitment shall have the meaning assigned to such term in Section 2.1.
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Total Commitment means, with respect to each Lender, its Total Commitment, and, with respect to all Lenders, their Total Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 attached hereto 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.
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Total Commitment means the sum of the Commitments of the Lenders.
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Total Commitment means at any time the aggregate amount of the Banks' Commitments, as in effect at such time.
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Total Commitment means the sum of the Commitments.
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Total Commitment means the sum of the Total Initial Term Loan Commitment, the Total Incremental Term Loan Commitment, the Total Revolving Credit Commitment, the Total Additional/Replacement Revolving Credit Commitment and the Total Extended Revolving Credit Commitment of each Extension Series.
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