Fund Commitment definition

Fund Commitment means monies contributed to the Fund in the form of Redeemable Convertible Preference Shares (RCPS) which is loan convertible to equity, may be deployed by the Fund for financing, investments and operations in the manner in which the capital of the Fund is deployed.
Sample 1Sample 2Sample 3
Fund Commitment means $25,000,000.
Sample 1
Fund Commitment means the sum of (i) the purchase price of the Preferred Shares to be purchased by the Investors pursuant to this Agreement plus (ii) the purchase price of the Common Shares to be purchased by the Investors pursuant to this Agreement plus (iii) the purchase price of the Investor Warrants.
Sample 1

Examples of Fund Commitment in a sentence

  • The Sovereign Participant hereby:- (i) acknowledges receipt of a copy of the General Conditions and the Rules, each as in force is of the date of this Agreement; and (ii) agrees that the General Conditions and the Rules shall apply to this Contribution Agreement, the Sovereign Project Fund Commitment and any Green Carbon Fund Commitment made pursuant to this Agreement and to each Contribution, as if incorporated herein in full.

  • The Sovereign Participant hereby commits the amount of Euro Five Million (€5,000,000) to the Sovereign Project Fund of the MCCF, as a Sovereign Project Fund Commitment.

  • The Sovereign Participant hereby:- (i) acknowledges receipt of a copy of the General Conditions and the Rules, each as in force as of the date of this Agreement; and (ii) agrees that the General Conditions and the Rules shall apply to this Contribution Agreement and any Green Carbon Fund Commitment made pursuant to this Agreement and to each Contribution, as if incorporated herein in full.

  • The Participant’s Sovereign Project Fund Commitment is made in respect of, and its Sovereign Project Fund Contribution is to be used solely for the purposes of, the Sovereign Project Fund, as agreed between the Participant and EBRD in the General Conditions and the Rules.

Related to Fund Commitment

  • Incremental Commitment means any commitment made by a lender to provide all or any portion of any Incremental Facility or Incremental Loan.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) 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 2.01 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.

  • Group Commitment means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such Purchaser Group.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Restatement Date is $265,000,000.

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Aggregate Revolving Commitment means the aggregate amount of the Revolving Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $200,000,000.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Backstop Commitment has the meaning set forth in Section 2.2(b).

  • 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.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • Commitment means, as to each Lender, its obligation to (a) make Committed Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) 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 2.01 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.

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Liquidity Commitment means, as to each Liquidity Provider, its commitment under the Liquidity Agreement (which generally will equal 102% of its Commitment hereunder).