Supplemental Commitment shall have the meaning specified in the Fee Letter.
Supplemental Commitment means, for each Lender, the obligation of such Lender to make Advances, in an aggregate principal and/or face amount not to exceed the Supplemental Commitment amount set forth opposite such Lender’s name on Appendix A(3) attached hereto.
Supplemental Commitment means, as of any date of determination, the lesser of (x) an amount equal to (1) One Hundred Twenty-Five Million Dollars (U.S. $125,000,000) minus (2) the Total Residual Facility Outstandings as of such date of determination and (y) the aggregate Principal Balance (as of the applicable Borrowing Base Reference Date) of all Class 1 Eligible Contracts.
Examples of Supplemental Commitment in a sentence
Buyer shall have five (5) days after receipt of any Supplemental Commitment to give written notice to Seller (“Objection Notice”) disapproving any new items contained in the Supplemental Commitment (other than any items arising pursuant to Buyer’s request and Seller’s agreement thereto) and identifying the specific new items disapproved by Buyer (“Additional Exceptions”).
More Definitions of Supplemental Commitment
Supplemental Commitment means, with respect to each Supplemental Lender, the commitment of such Supplemental Lender to make Supplemental Loans to the Borrower in an aggregate principal amount not exceeding the amount set forth with respect to such Revolving Lender on Schedule II, as such schedule may be amended pursuant to Section 2.23, or, in the case of a Person becoming a Supplemental Lender after the Closing Date, the amount of the assigned “Supplemental Commitment” as provided in the Assignment and Acceptance executed by such Person as an assignee, or the joinder executed by such Person, in each case as such commitment may subsequently be increased or decreased pursuant to the terms hereof.
Supplemental Commitment means the $4,000,000.00 of additional funds available over and above the basic Commitment of $19,500,000.00, which Supplemental Commitment shall be available only until June 30, 1997, and which Supplemental Commitment shall, while existent, unless otherwise specified, be considered a part of the Commitment.
Supplemental Commitment as to any Lender, its obligation to ----------------------- make a Supplemental Loan to the Borrower pursuant to Section 2.1(b) in the amount set forth opposite such Lender's name on Schedule I under the caption "Supplemental Loan".
Supplemental Commitment means, with respect to any Supplemental Lender at any time, either the amount set forth opposite such Supplemental Lender's name on Schedule I hereto under the caption "Supplemental Commitment" or the aggregate amount set forth in the Register by the Agent pursuant to Section 2.01(b) for such Supplemental Lender as its ?Supplemental Commitment? on any future date on or before January 31, 1999, in any event in an aggregate amount not to exceed $50,000,000, or, in either case, if such Supplemental Lender has entered into one or more Assignments and Acceptances, the aggregate amount set forth for such Supplemental Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(e) as such Supplemental Lender's "Supplemental Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.05.
Supplemental Commitment means the agreement of the Banks contained in the Credit Agreement, under which the Banks agree to provide a supplemental revolving line of credit to the Company in the maximum principal amount of $4,000,000 subject to the terms set forth therein.
Supplemental Commitment means the commitment of Lenders having interests in the Supplemental Commitment to make Supplemental Loans and to issue Supplemental Letters of Credit in an aggregate amount not to exceed $30,500,000. As of February 26, 1999, ING Capital is the only Lender having an interest in the Supplemental Commitment.
Supplemental Commitment means, for each Lender, the obligation of such lender to make one or more Revolving Loans or Acquisition Loans not exceeding the amount set forth on EXHIBIT B opposite such Lender's name (or, if applicable, Additional Lender(s)) under the respective heading "Acquisition Loan Commitment After the Commitment Increase Date" and "Revolving Loan Commitment After the Commitment Increase Date", or as indicated in the Assignment by which it became a Lender in each case as modified from time to time pursuant to the terms of this Agreement.