Total Commitment definition

Total Commitment means, at any time, the sum of the Commitments of each of the Lenders at such time.
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Total Commitment means the sum of the Commitments of the Lenders.
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Total Commitment means, at any time, the sum of the Commitments of each of the Banks.
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Examples of Total Commitment in a sentence

  • The facility fee shall be payable quarterly in arrears on the first Business Day of each calendar quarter for the immediately preceding calendar quarter commencing on the first such date following the date hereof, with a final payment on the Maturity Date or any earlier date on which the Total Commitment shall terminate.

  • At any time prior to the Termination Date the Borrowers may, on the terms set forth below, request that the Total Commitment hereunder be increased by an aggregate amount of up to $200,000,000 in minimum increments of $25,000,000; provided, however, that (i) an increase in the Total Commitment hereunder may only be made at a time when no Default shall have occurred and be AMERICAS/2023306744.4 continuing and (ii) in no event shall the Total Commitment hereunder exceed $1,000,000,000.

  • If at any time the sum of the Outstanding amount of the Loans exceeds the Total Commitment, then the Borrowers shall immediately pay the amount of such excess to the Administrative Agent for application first, to the Swing Loans; and second, to the Revolving Credit Loans.

  • No termination of the Total Commitment hereunder shall relieve any Borrower of any of the Obligations or any of its existing obligations to any of the Banks arising under this Credit Agreement, the Notes or the other Loan Documents.

  • In the event of such a requested increase in the Total Commitment, any Bank or other financial institution which the Borrowers invite to become a Bank or to increase its Commitment may set the amount of its Commitment at a level agreed to by the Borrowers; provided, that each such other financial institution shall be reasonably acceptable to the Administrative Agent and each Swing Bank, and that the minimum Commitment of each such other financial institution equals or exceeds $10,000,000.


More Definitions of Total Commitment

Total Commitment means the sum of the Total Revolving Credit Commitment and the Total Term Loan Commitment.
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Total Commitment shall have the meaning assigned to such term in Section 2.1.
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Total Commitment means, with respect to each Lender, its Total Commitment, and, with respect to all Lenders, their Total Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 attached hereto or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.
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Total Commitment means, at any time, the aggregate amount of the Commitments, as in effect at such time.
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Total Commitment means at any time the aggregate amount of the Banks' Commitments, as in effect at such time.
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Total Commitment means at any time the aggregate amount of the Commitments in effect at such time.
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Total Commitment means, at any time, the sum of the Total Initial Term Loan Commitment and the Total Incremental Term Loan Commitment.
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