Maximum Commitment definition

Maximum Commitment means initially the amount specified in item 4 on Schedule A, as such amount may be reduced from time to time in accordance with Section 2.04(a).

Maximum Commitment means initially $30,459,973 as the same may be reduced from time to time in accordance with Section 2.04(a).

Maximum Commitment means $27,634,896.00, as the same may be reduced from time to time in accordance with Section 2.04(a).

Examples of Maximum Commitment in a sentence

• Any reduction of the Maximum Commitment shall reduce the Commitments of the Lenders to each Fund Group according to their Pro Rata Share under the applicable Fund Group Sublimit.

• Any reduction of the Maximum Commitment pursuant to this Section 3.6 shall reduce the Commitments of the Lenders on a pro rata basis.

• If the value of the Sale Shares stated in the Sale Notice delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then the amounts of the Sale Shares and Purchase price will be reduced automatically to not exceed the Maximum Commitment Amount.

• The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum.

• Provided there exists no Event of Default or, to the knowledge of any Borrower or Administrative Agent, Potential Default on the effective date of the increase, and subject to compliance with the terms below, upon written notice to Administrative Agent, Borrowers may request the Lenders to increase the Maximum Commitment.

More Definitions of Maximum Commitment

Maximum Commitment means $275,000,000180,000,000, as such amount may be increased by Borrowers in accordance with Section 3.6 or decreased by Borrowers pursuant to Section 3.5.

Maximum Commitment means initially $31,494,204, as the same may be reduced from time to time in accordance with Section 2.04(a).

Maximum Commitment means, (a) at any date of determination prior to the Commitment Termination Date, the lesser of (x) $340,000,000 or (y) such lesser amount remaining following any reduction of the Maximum Commitment in accordance with Section 2.02 (Voluntary Reductions or Termination of the Maximum Commitment) or Section 2.04 (Commitment Reduction and Termination) and (b) on and after the Commitment Termination Date, zero.

Maximum Commitment means, when used with reference to any Lender, the aggregate of such Lender’s Term Commitments and Revolving Commitment in the amounts not to exceed those set forth opposite the name of such Lender on Schedule 1.1(a) hereto, subject to reduction from time to time in accordance with the terms of this Agreement.

Maximum Commitment means, as of any date of determination, the sum of the maximum Commitments of all Committed Investors hereunder.

Maximum Commitment means, at any time the same is to be determined, an amount equal to the aggregate Commitments of the Committed Lenders, as such amount may be increased pursuant to Section 2.17 or reduced by Borrower pursuant to Section 3.06.

Maximum Commitment means, for any day, the lesser of (x) $26,628,638.33 and (y) the Stated Portion of the Required Amount on such day.