Increased Commitments definition

Increased Commitments has the meaning assigned to such term in Section 2.19(a).

Increased Commitments has the meaning specified in Section 2.13(a).

Increased Commitments has the meaning set forth in Section 2.19(a).

Examples of Increased Commitments in a sentence

• If funding in excess of the Increased Commitments is required to satisfy any claims from the banking facilities, the Company shall have the obligation to fund the excess amount should the other joint venture partner not fund its proportionate share.

• Each Lender party to this Agreement at such time shall have the right (but no obligation), for a period of 15 days following receipt of such notice, to elect by notice to the Borrower and the Administrative Agent to increase its Commitment by a principal amount which bears the same ratio to the Increased Commitments as its then Commitment bears to the aggregate Commitments then existing.

• The Increased Commitments shall be in the ratio of 75:25 based on the current proportion of the joint venture partners’ existing equity interests in EW-Ballymore Holding.

• Any funding provided in excess of the Increased Commitments by one partner will result in a corresponding adjustment to the equity interest in the joint venture.

• Each Bank party to this Agreement at such time shall have the right (but no obligation), for a period of 15 days following receipt of such notice, to elect by notice to the Borrower and the Administrative Agent to increase its Commitment by a principal amount which bears the same ratio to the Increased Commitments as its then Commitment bears to the aggregate Commitments then existing.

More Definitions of Increased Commitments

Increased Commitments as defined in Section 2.22(a).

Increased Commitments has the meaning set forth in Section 2.02(a).

Increased Commitments means the difference between the Total Commitments as of the Upsize Effective Date and the Original Commitments.

Increased Commitments. As defined in Section 2.1(b)(i). ---------------------

Increased Commitments has the meaning set forth in Section 2.16(a). "Indemnitee" has the meaning set forth in Section 9.03(b).

Increased Commitments as defined in Section 10.1.

Increased Commitments as defined in Section 2.22(a). “Increased Commitment Lender” as defined in Section 2.22(b). “Increased-Cost Lender” as defined in Section 2.21.