Total Commitments of the Banks definition

Total Commitments of the Banks shall have the meaning set forth in Section 2.1 hereof.
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Total Commitments of the Banks means the aggregate of each Bank's Commitment which on the date hereof total $420,963,733.
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Total Commitments of the Banks means the aggregate of each Bank's Commitment which on the date of the First Amendment hereto totals $423,709,254.
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Examples of Total Commitments of the Banks in a sentence

  • On July 12, 1991, the Borrower [ACQ] agrees to pay to Societe Generale for distribution pro rata to each of the Banks, according to its Commitment, a commitment fee from and including the date of signature hereof [May 30, 1991] to and including July 12, 1991 (or such earlier date as the Total Commitments of the Banks shall have been terminated).

  • The Company shall have the right at any time or from time to time upon not less than two (2) Business Days' prior written notice to the Administrative Agent to reduce the Total Commitments of the Banks, in whole or in part, provided that each partial reduction shall be in an aggregate amount of not less than $25,000,000 and an integral multiple of $5,000,000, and shall reduce the respective Commitments of all the Banks proportionately.

  • The obligation of each Bank to make Term Loans to the Company is hereby referred to as the Bank's "Commitment" and collectively as the "Total Commitments of the Banks".

  • Advance paymentAdvance payment in the year ended 31 March 2018 was recorded US$.29 thousand and US$ 0.2 thousand in the year ended 31 March 2017.

  • Any such voluntary prepayment of principal shall, in the case of a Syndicated Loan, to that extent increase the amount (immediately prior to such prepayment) of the unused Total Commitments of the Banks available to the Company under the terms of this Agreement.

  • Upon any optional reduction of the Total Commitments of the Banks, the Company shall prepay such amount of each Bank's outstanding Loans, if -21- 27 any, as may be necessary so that after such prepayment the sum of the aggregate unpaid principal amount of such Bank's Loans, such Bank's pro rata share of unpaid Reimbursement Obligations, and such Bank's liability in respect of all outstanding Letters of Credit does not exceed the amount of such Bank's Commitment as then reduced.

  • So long as no Event of Default then exists or would be caused thereby, the Total Commitments of the Banks may be increased by up to $500,000,000 from that in existence on the Effective Date, with the prior written consent of the Agent Bank and the Majority Banks.

  • If the Agent Bank so consents, kindly indicate such consent by signing at the space provided below.] [If proposed increase results in an increase of the Total Commitments of the Banks from that which exists on the Effective Date of between $250,000,000 and $500,000,000 - Pursuant to Section 2.3(a) of the Credit Agreement, the consent of the Agent Bank and Majority Banks is necessary for the proposed increase in such Bank's Commitment.

  • The Borrower may, upon at least three Business Days’ prior notice to the Administrative Agent, permanently terminate in whole or permanently reduce ratably in part the Commitments of the Banks; provided, however, that (i) each partial reduction shall be in the aggregate amount of not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof, and (ii) no such reduction shall result in the Total Commitments of the Banks being less than $100,000,000.

  • Upon any optional reduction of the Total Commitments of the Banks, the Company shall prepay such amount of each Bank's outstanding Loans, if any, as may be necessary so that after such prepayment the sum of the aggregate unpaid principal amount of such Bank's Loans, such Bank's pro rata share of unpaid Reimbursement Obligations, and such Bank's liability in respect of the Letter of Credit does not exceed the amount of such Bank's Commitment as then reduced.

Related to Total Commitments of the Banks

  • Total Commitments at any time, the aggregate amount of the Commitments then in effect.

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Total Commitment means the sum of the Commitments of the Lenders.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • Revolving Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Revolving Commitment as of the Closing Date is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Revolving Commitments as of the Closing Date is $75,000,000. The Revolving Commitment of each Lender will be equal to zero on the Revolving Commitment Termination Date.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Total Revolving Credit Commitments at any time, the aggregate amount of the Revolving Credit Commitments then in effect.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Facility A Commitment means, with respect to each Facility A Lender, the commitment, if any, of such Lender to make Facility A Revolving Loans and to acquire participations in Facility A Letters of Credit, Facility A Protective Advances and Facility A Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility A Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility A Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility A Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility A Commitments is $150,000,000.

  • Revolver Commitments means the aggregate amount of such commitments of all Lenders.

  • Existing Revolving Commitments has the meaning assigned to such term in Section 2.27(a).

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The initial amount of the Aggregate Revolving Commitments in effect on the Closing Date is $350,000,000.

  • Other Revolving Credit Commitments means one or more Classes of revolving credit commitments hereunder that result from a Refinancing Amendment.

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.