Series A Commitment definition

Series A Commitment means, for each Series A Lender, the obligation of such Lender to make Series A Loans in an aggregate amount at any one time outstanding up to but not exceeding the amount set opposite the name of such Lender on Annex 1 hereto under the caption "Series A Commitment" (as the same may be reduced from time to time pursuant to Section 2.04 hereof or increased or reduced from time to time pursuant to Section 11.06 hereof). The original aggregate principal amount of the Series A Commitments is $100,000,000.

Series A Commitment means, with respect to each Purchaser, the amount set forth opposite such Purchaser's name in Annex I directly below the column entitled "Series A Commitment," as the same may be (x) reduced from time to time pursuant to Section 2.02 and/or 8 or (y) adjusted as a result of assignments to or from such Purchaser pursuant to Section 11.04.

Series A Commitment means, for each Series A Lender, the obligation of such Lender to make Series A Loans, and to participate in Series A Letters of Credit, in an aggregate amount at any one time outstanding up to but not exceeding the amount set opposite the name of such Lender on Annex 1 hereto under the caption "Series A Commitment" (as the same may be reduced from time to time pursuant to Section 2.04 hereof or increased or reduced from time to time pursuant to Section 11.06 hereof). The original aggregate principal amount of the Series A Commitments is $100,000,000.

Examples of Series A Commitment in a sentence

• What is not insured:Claims for Emergency Expenses and unless You have claimed under the insurance policy to which this cover attaches for the repairs to the Vessel and that claim has been accepted.

• Your Funded Series A Commitment and Unfunded Series A Commitment amounts may change up to November 16 due to capital calls and/or any return of capital until November 16; this agreement shall apply to amounts as of November 16, and an acknowledgement of final amounts shall be distributed to you at that time.

• This Agreement (including the exhibits hereto), the Series A Certificate of Designation, the Series A Securities Purchase Agreement and the Series A Commitment Letter (to the extent the obligations that are expressly stated in the Series A Commitment Letter to survive termination thereof as set forth therein) constitute the entire agreement, and supersede all other prior agreements and understandings, both written and oral, between the Parties with respect to the subject matter hereof.

• As evidence of the loan advanced by the Original Series A Lender, on the Funding Date the Borrower shall issue and deliver to the Original Series A Lender, as provided hereunder, a Series A Note payable to the Original Series A Lender in an original principal amount equal to the amount of its Series A Commitment.

• Each Lender having a Series A Commitment severally agrees, subject to the terms and conditions hereinafter set forth, to make Series A Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Termination Date in an aggregate amount not to exceed such Lender's Series A Commitment at such time.

More Definitions of Series A Commitment

Series A Commitment means, with respect to each Limited Partner that entered into a subscription agreement with the Partnership prior to the expiration of the Series A Commitment Period pursuant to which such Limited Partner committed to make Capital Contributions to the Partnership in exchange for Series A Participating Preferred Units, the aggregate amount of cash agreed to be contributed to the Partnership as a Capital Contribution by such Limited Partner, as specified in such subscription agreement. As of the Second Effective Date, all Series A Commitments have been funded in full.

Series A Commitment means the amount set forth in Schedule 4 hereof.

Series A Commitment means $35,000,000.

Series A Commitment means the commitment of a Lender to make Series A Advances pursuant to Section 2.01(a) hereof, and "SERIES A COMMITMENTS" means such commitments of all Lenders in the aggregate.

Series A Commitment means, with respect to any Lender, its commitment to make such portion of the Series A Loan as is set forth on its signature page hereto.

Series A Commitment means the amount set forth in Schedule 3 to this Agreement.

Series A Commitment means $75,563,891.