Commitment Cap definition

Commitment Cap means, as to each Lender, the amount set opposite its name on Schedule 2.1 as such Lender’s “Commitment Cap” 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.

Commitment Cap means the amount that is the lesser of subsection (i) and (ii) herein. The value of the Properties shall be acceptable to Wachovia in its sole discretion. Notwithstanding the foregoing, the parties acknowledge and agree that value of the Properties has not yet been determined by Wachovia and therefore, the $4,000,000.000 amount set forth in subsection (i) above may be adjusted prior to the Maturity Date. If said amount is adjusted, Wachovia shall provide written notice to Borrower of any said

Commitment Cap means, as to each Lender, the amount set opposite its name on Schedule 2.1 as such Lender’s “Commitment Cap” 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. Toyota - 364 Day Credit Agreement (2017)

Examples of Commitment Cap in a sentence

• Notwithstanding the above, the facility fees payable to each Lender shall be calculated with respect to such Lender’s Commitment Cap, such that in no event shall the aggregate amount of the facility fees paid to any Lender pursuant to this Section 2.8(a) exceed the facility fees that would have been payable to such Lender if the aggregate amount of such Lender’s Commitments were equal to the amount of its Commitment Cap.

• Each Commitment Increase shall be in an aggregate amount of $10,000,000 or any whole multiple of $1,000,000 in excess thereof (provided that the amount of a Commitment Increase may be less than $10,000,000 if such amount represents all remaining availability under the Incremental Commitment Cap).

• Each Commitment Increase shall be in an aggregate amount of $5,000,000 or any whole multiple of $1,000,000 in excess thereof (provided that the amount of a Commitment Increase may be less than $5,000,000 if such amount represents all remaining availability under the Incremental Commitment Cap).

• If Guarantor chooses to participate in multiple Commitment Units, the Commitment Cap shall apply separately to each such unit.

• Borrower shall pay to Wachovia a fee equal to one percent (1%) of the Commitment Cap (as defined in subsection (d)) per year.

More Definitions of Commitment Cap

Commitment Cap has the meaning set forth in Section 8.6(a) hereof. “Commitment Period” means the period commencing upon and ending on the earliest of (i) (ii) the dissolution of the Partnership under Section 10.2 hereof, (iii) an affirmative vote of to terminate the Commitment Period following a Key Person Event, (iv) the removal of the General Partner in its capacity as general partner pursuant to Section 8.8(a), Section 8.8(b), Section 8.8(c), or Section 8.8(d), and (v) an affirmative vote of to terminate the Commitment Period. The Commitment Period may also be suspended pursuant to Section 8.15.

Commitment Cap has the meaning assigned to such term in Section 2.02(d).

Commitment Cap means, at any time(a) from and after the Closing Date to (but not including) the First Amendment Effective Date, U.S.$ 1,000,000,000 and (b) thereafter, U.S.$ 750,000,000 or such other amount in USD as the Borrower and the Lenders otherwise agree (each in their sole and absolute discretion).

Commitment Cap means, at any time, U.S.$ 1,000,000,000 or such other amount in USD as the Borrower and the Lenders otherwise agree (each in their sole and absolute discretion).

Commitment Cap means, at any time, U.S.$600,000,000 or such other amount in USD as the Borrowers and the Lenders otherwise agree (each in their sole and absolute discretion).” “”Cooperation Agreement” the Cooperation Agreement dated as of July 31, 2018 among the Borrowers and Xxxxxxx Xxxxx Bank USA.”

Commitment Cap means, as to each Lender, the amount set opposite its name on Schedule 2.1 as such Lender’s

Commitment Cap shall have the meaning provided in Section 14.3.