Overall Commitments definition

Overall Commitments means, collectively, the Aggregate Revolving Commitments and the Aggregate Term Commitments.
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Overall Commitments shall have the meaning assigned to the term “Commitments” in the Working Capital Credit Agreement.
Sample 1
Overall Commitments means the aggregate Commitments of all of the Lending Units.
Sample 1

Examples of Overall Commitments in a sentence

  • All of the Borrower’s obligations under this Article III shall survive termination of the Overall Commitments and repayment of all other Obligations hereunder.

  • The agreements in this Section shall survive the resignation of the Administrative Agent and the L/C Issuer, the replacement of any Lender, the termination of the Overall Commitments and the repayment, satisfaction or discharge of all the other Obligations.

  • If the Overall Commitments are increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase.

  • Each such Notice of Borrowing shall also show the calculation of the Canadian Commitment Usage, the Australian Commitment Usage, the U.S. Commitment Usage and the Total Utilization of Overall Commitments after giving effect to the proposed borrowing, which calculation shall demonstrate compliance with the limitations on Loans set forth in subsection 2.1A(v).

  • Except as otherwise provided in this subsection 10.1, no Lender shall, as between any Borrower and such Lender, be relieved of any of its obligations hereunder as a result of any sale, assignment, transfer or negotiation of, or any granting of participations in, all or any part of the Loans, the Overall Commitments, Letters of Credit or participations therein or Bankers' Acceptances or the other Obligations owed to such Lender.

  • Administrative Agent shall have received evidence satisfactory to it that the Plutonic Credit Agreement and all borrowings and commitments thereunder shall have been terminated and that the Company shall have issued irrevocable instructions to cause to be applied borrowings hereunder up to $175 million of the Overall Commitments to repay in full all outstanding obligations thereunder.

  • Company and Borrowers shall initially allocate the Overall Commitments to Canadian Borrower, Australian Borrowers and U.S. Borrower, subject to the provisions of this Agreement.

  • Each Lending Unit's Commitment and the Canadian Commitment, if any, the Australian Commitment, if any, and the U.S. Commitment of such Lending Unit's Canadian Lender, Australian Lender and U.S. Lender, respectively, shall expire on the Commitment Termination Date and all Loans and all other amounts owed hereunder with respect to Loans, Bankers' Acceptances, Letters of Credit and Overall Commitments shall be paid in full no later than that date.

  • In such event, the Borrower shall be deemed to have requested a Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.03 for the principal amount of Base Rate Loans, but subject to the amount of the unutilized portion of the Overall Commitments and the conditions set forth in Section 4.02 (other than the delivery of a Loan Notice).

  • The aggregate amount of the Overall Commitments may be permanently reduced from time to time in accordance with subsection 2.4.


More Definitions of Overall Commitments

Overall Commitments means, collectively, the Aggregate Revolving Commitments, the Aggregate Term A Loan Commitments and the Aggregate Term B Loan Commitments, and any commitments to extend credit hereafter provided to the Borrowers pursuant to Section 2.24.
Sample 1

Related to Overall Commitments

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders, as adjusted from time to time in accordance with the terms hereof. The initial amount of the Aggregate Revolving Commitments in effect on the Closing Date is SEVEN HUNDRED MILLION DOLLARS ($700,000,000.00).

  • Existing Revolving Commitments has the meaning assigned to such term in Section 2.27(a).

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Revolving Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Revolving Commitment, if any, is set forth on Appendix A-3 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Revolving Commitments as of the Closing Date is $60,000,000.

  • 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.”

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • 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 $150,000,000.

  • 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 Closing Date is $265,000,000.

  • Total Revolving Commitment means, at any time, the sum of the Revolving Commitments at such time.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

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

  • 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).

  • Total Commitments means the aggregate of the Commitments of all the Lenders.

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

  • Term Commitments means a Term B Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

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

  • Refinancing Revolving Commitments means one or more Classes of commitments in respect of Revolving Loans hereunder that result from a Refinancing Amendment.

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;