Tranche C Commitment Amount definition

Tranche C Commitment Amount means $5,000,000, as reduced from time to time pursuant to the provisions of Section 2.2.
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Tranche C Commitment Amount means $5,400,000, as reduced from time --------------------------- to time pursuant to the provisions of Section 2.2. $300,000 of the Tranche ----------- C Commitment Amount shall be made available by the Lender to the Borrowers as a Tranche C Revolving Loan pursuant to Section 2.1.7." ------------- 2.1.2. There shall be added to Section 1.1 of the Existing Credit ----------- Agreement new definitions, in appropriate alphabetical sequence, reading in their entirety as follows:
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Tranche C Commitment Amount means $10,000,000.
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Examples of Tranche C Commitment Amount in a sentence

  • One Tranche C Note shall be payable to the order of each Bank in a principal amount equal to such Bank's Commitment Percentage of the Tranche C Commitment Amount or, if less, the outstanding amount of all Tranche C Loans made by such Bank, plus interest accrued thereon, as set forth below.

  • The sum of the Tranche A Commitment Amount plus, from the Secondary Closing Date until the Tranche C Conversion Date, the Tranche C Commitment Amount.

  • The Tranche A Commitment Amount and/or the Tranche C Commitment Amount shall be automatically and permanently reduced upon the effective date of the termination by the Borrower and its Affiliates of the Supply Agreement in accordance with its terms, in an amount equal to the portion of the respective Commitment Amount which remains unapplied to purchases under the Supply Agreement as of such effective date (less the amount of purchase orders which remain unfilled as of such date).

  • The commitment fee shall be payable quarterly in arrears on the last date of each calendar quarter, commencing on the first such date following the Secondary Closing Date, with a final payment on the earlier of the Tranche C Conversion Date, or in the event that the Borrower does not borrow any Tranche C Loans prior to May 31, 1999, May 31, 1999 and any earlier date on which the Tranche C Commitment Amount shall terminate.

  • The Tranche A Commitment Amount and the Tranche C Commitment Amount, respectively, shall be permanently reduced by the amount of such Net Proceeds applied to repay Tranche A Loans and Tranche C Loans (as the case may be); provided that, such reduction shall not reduce the scheduled Tranche A Commitment Amount reductions set forth in Section 2.1.3 above.

  • The Borrower agrees to pay to the Lender a commitment fee, accruing at a rate per annum equal to the Fee Rate, on the daily unused portion of the Tranche C Commitment Amount during the Tranche C Availability Period.

  • The Borrower shall pay to the Administrative Agent for the account of the Banks on the Tranche C Conversion Date any commitment fees accrued to date and payable with respect to the Tranche C Commitment Amount.

  • The sum of the Tranche A Commitment Amount plus, until the Tranche C Conversion Date, the Tranche C Commitment Amount.

  • Each Tranche C Lender severally agrees to make Loans, from time to time during the Commitment Period, in an aggregate principal amount not to exceed the Tranche C Commitment Amount of such Lender, to be used as provided in Section 2.2(c) (each such Loan, a "Tranche C Loan" and, collectively, the "Tranche C Loans").

  • Collectively, or individually as the context indicates, the Tranche A Loans if any are outstanding, the Tranche A Commitment Amount, the Tranche B Loans, the Fund Tranche Term Loans, the Tranche C Commitment Amount and the Tranche C Loans (or Tranche C Term Loans as the case may be) if any are outstanding.


More Definitions of Tranche C Commitment Amount

Tranche C Commitment Amount means an amount equal to nineteen million nine hundred eighty seven thousand six hundred twelve Dollars (US$19,987,612) to be used as provided in Section 2.2(c), as such amount is reduced by Disbursements and may be reduced from time to time pursuant to Section 2.5 or otherwise in accordance with this Agreement.
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Related to Tranche C Commitment Amount

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Commitment Amount means $125,000,000, as reduced from time to time pursuant to Section 6.1.

  • LC Commitment Amount means $600,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.08.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Tranche B Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TCCI pursuant to Section 2.1(b) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche B Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Tranche A Commitment means, with respect to each Lender, the commitment of such Lender to make Tranche A Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Tranche A Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09, (b) increased from time to time pursuant to Section 2.26 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • LOC Committed Amount shall have the meaning set forth in Section 2.3(a).

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Revolving Commitment Fee has the meaning specified in Section 2.09(a).

  • 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.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Term Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to the Borrower in a principal amount not to exceed the amount set forth under the heading “Term Commitment” opposite such Lender’s name on Schedule 1.1.

  • Aggregate Revolving Committed Amount means the aggregate amount of Revolving Commitments in effect from time to time, being initially ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000).

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.