Commitment Letter definition

Commitment Letter has the meaning set forth in Section 5.7.
Commitment Letter means the fully executed commitment letter or early rate lock application between Lender and Borrower issued in connection with the Loan, as such document may have been modified, amended or extended.
Commitment Letter means a written commitment from a lender or other provider of funds, representing a commitment to provide financing and stating the amount, interest rate, fees, term of the loan, debt service coverage, security and repayment terms, subject only to reasonable, commercially- acceptable contingencies.

Examples of Commitment Letter in a sentence

  • The Lenders and the Administrative Agent shall have received all fees required to be paid pursuant to the Commitment Letter and the Fee Letter, and all reasonable expenses for which invoices have been presented (including the reasonable fees and expenses of legal counsel and expenses relating to any field examination, collateral audit, or appraisal), at least two Business Days before the Fourth Restatement Date.

  • Other than as expressly set forth in the Equity Commitment Letter, the Equity Financing, including the funding, investing or use of the full proceeds thereof, is not subject to any condition precedent or other contingency.

  • All fees (if any) required to be paid under the Debt Commitment Letter on or prior to the date hereof have been paid in full.

  • Notwithstanding anything contained herein to the contrary, nothing in this Section 12.16 shall in any way affect any party hereto’s or any of its Affiliates’ rights and remedies under any binding agreement to which a Debt Financing Source is a party, including the Debt Commitment Letter.

  • Notwithstanding the foregoing, no assignment by any party hereto will relieve such party of any of its obligations hereunder (or the obligations of the Guarantors under the Limited Guaranty or the Equity Commitment Letter), and any assignment other than in accordance with this Section 12.5 shall be invalid ab initio.


More Definitions of Commitment Letter

Commitment Letter has the meaning set forth in Section 4.5.
Commitment Letter shall have the meaning ascribed thereto in Section 4.21 hereof.
Commitment Letter has the meaning set forth in Section 3.11(a).
Commitment Letter. That certain letter agreement dated as of October 18, 2006, between the Company and the Purchaser. Company: Xxxxx Fargo Bank, N.A., or its successor in interest or assigns, or any successor to the Company under this Agreement appointed as herein provided.
Commitment Letter. The commitment letter between the Company and the Purchaser which sets forth, among other things, the Purchase Price for certain Mortgage Loans described therein to be sold by the Company and purchased by the Purchaser on the Closing Date set forth therein.
Commitment Letter as defined in Section 10.20.
Commitment Letter means that certain commitment letter dated as of April 7, 2015 by and among the Borrower, BWPGG, the Arrangers, Bank of America, BNP Paribas, JPMorgan Chase Bank, N.A., Xxxxx Fargo Bank, National Association and Crédit Agricole Corporate and Investment Bank.