U.S. Commitment definition

U.S. Commitment means, with respect to each U.S. Revolving Lender, the commitment, if any, of such U.S. Revolving Lender to make U.S. Revolving Loans and to acquire participations in U.S. Letters of Credit, Swingline Loans and U.S. Protective Advances hereunder, expressed as an amount representing the maximum possible aggregate amount of such U.S. Revolving Lender’s U.S. 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 U.S. Revolving Lender pursuant to Section 9.04. The initial amount of each U.S. Revolving Lender’s U.S. Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such U.S. Revolving Lender shall have assumed its U.S. Commitment, as applicable. The aggregate initial amount of the U.S. Commitments is $800,000,000.
U.S. Commitment means, with respect to each U.S. Lender, the commitment, if any, of such U.S. Lender to make U.S. Revolving Loans and to acquire participations in U.S. Letters of Credit, U.S. Overadvances and U.S. Swingline Loans hereunder, expressed as an amount representing the maximum possible aggregate amount of such U.S. Lender’s U.S. 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 U.S. Lender pursuant to Section 9.04. The initial amount of each U.S. Lender’s U.S. Commitment is set forth on the Revolving Commitment Schedule, or in the Assignment and Assumption pursuant to which such U.S. Lender shall have assumed its U.S. Commitment, as applicable. The U.S. Commitment is a sub-facility of the Revolving Commitment and is not in addition to the Revolving Commitment.
U.S. Commitment means, at any time, a U.S. Revolving Commitment or an Extended U.S. Revolving Commitment as in effect at such time.

Examples of U.S. Commitment in a sentence

  • Chrysler Group LLC shall concurrently make prepayments to the US Lender of the US Loans and reductions of the US Commitment in an aggregate amount equal to the US Lender’s Pro Rata Share of the Net Cash Proceeds of any Indebtedness described in clause (ii).

  • Section 14.1(a) of the Loan Agreement is hereby amended by inserting “in respect of the U.S. Commitment or the Canadian Commitment, and $2,500,000 in respect of the Real Property Commitment ” immediately after the reference “$10,000,000” in the fourth line therein.

  • Additional U.S. Advances may not be advanced in respect thereof, (1) if the aggregate U.S. Commitment to be increased pursuant to this Section 2.2.A(h) is in an amount which exceeds, in the aggregate, the Accordion Amount and (2) if a Default or Event of Default will occur as a result of such Accordion Activation.

  • When faced with an external threat, states either seek to align, or balance, “with others 5 Xxxx Xxxxxxxxxx and Xxxx Xxxxxxxxxx, “Obama Says U.S. Commitment to Defend Philippines ‘Ironclad,’” Reuters, April 29, 2014, xxxx://xxx.xxxxxxx.xxx/article/us-philippines-usa-obama- idUSBREA3S02T20140429.

  • Xxxxxxx Title: Vice President 31 Exhibit A Exhibit B-1 - Form of Borrowing Base Certificate 32 Exhibit B Exhibit C-3 Form of Instrument of Accession 33 Exhibit C 34 Schedule C-1 Commitments as of August 31, 2006 Lender Canadian Commitment U.S. Commitment Real Property Commitment Xxxxx Fargo Retail Finance, LLC $0 $65,000,000* $10,000,000 National City Business Credit, Inc.


More Definitions of U.S. Commitment

U.S. Commitment means, as to each US$ Lender, the obligation of such US$ Lender to make US$ Loans, and to issue or participate in Letters of Credit and US$ Swingline Loans pursuant to Section 2.08 hereof, in an aggregate principal or stated amount at any one time outstanding up to but not exceeding the amount set forth opposite such US$ Lender’s name on Schedule I hereto under the caption “US$ Commitment” or, in the case of a Person that is party to an assignment permitted under Section 12.06 hereof after the Effective Date, as specified in the respective instrument of assignment pursuant to which such assignment is effected (as the same may be reduced or increased at any time or from time to time pursuant to Section 2.01, 2.02 or 3.02 hereof). The aggregate amount of the US$ Commitments on the Closing Date is $500,000,000.
U.S. Commitment means, for each US Facility Lender, the obligation of such US Facility Lender to advance to the relevant Borrower (including, for the avoidance of doubt, the US Borrower and the Canadian Borrower) the amount set forth opposite such US Facility Lender’s name on Schedule II as its US Commitment, or if such US Facility Lender has entered into any Assignment and Acceptance, set forth for such US Facility Lender as its US Commitment in the Register, as such amount may be reduced pursuant to Section 2.1(c)(i) or (d) or increased pursuant to Section 2.17; provided that, after the Maturity Date, the US Commitment for each US Facility Lender shall be zero. The aggregate amount of all US Commitments on the Amendment No. 1 Effective Date is $25,000,000.00.
U.S. Commitment as to any U.S. Lender, the obligation of such U.S. Lender to make U.S. Revolving Credit Loans to the Borrower hereunder in an aggregate principal and/or stated amount at any one time outstanding not to exceed the Dollar amount set forth opposite such U.S. Lender's name on Schedule I under the heading U.S. Commitment, as the same may be changed from time to time pursuant to the terms hereof.
U.S. Commitment means, with respect to each U.S. Lender, the "Commitment" of such U.S. Lender (as defined in the U.S. Credit Agreement). The initial aggregate amount of the U.S. Lenders' Commitments is U.S.$75,000,000.
U.S. Commitment means, with respect to any US Lender, such US Lender’s US Revolving Commitment or Swingline Commitment.
U.S. Commitment means a U.S. Revolving Commitment or a U.S. Term Commitment, as the context requires.