Total Term Commitment definition

Total Term Commitment means, as of any date of determination, the aggregate amount of the Term Commitments on such date, which as of (i) the Closing Date was $0 and (ii) the Amendment Date is $125,000,000.

Total Term Commitment means, as of any date of determination, the aggregate amount of the Term Commitments on such date, which as of the Effective Date is $0.

Total Term Commitment means the sum of the Term Commitments of each of the Lenders.

Examples of Total Term Commitment in a sentence

• Dollars of the Outstanding Principal under the Term Facility exceed the Total Term Commitment; or (ix) the Equivalent Amount in Cdn.

• Immediately after the Closing Date, the unused portion of the Total Term Commitment (and each Lender’s Term Commitment based upon its Applicable Percentage) shall be automatically cancelled without further action required.

• Customer acknowledges and agrees that this Agreement is based upon Customer's commitment to purchase the Total Term Commitment.

• The pricing for the Consumables under this Agreement is based upon the purchase of the Annual Commitment during each year of the Term and of the Total Term Commitment during the Term.

• The Term Facility will not revolve; once an Advance has been repaid, the Total Term Commitment (and each Lender’s Term Commitment based upon its Applicable Percentage) will automatically reduce in an amount equal to the Outstanding Principal so repaid.

More Definitions of Total Term Commitment

Total Term Commitment means, as of any date of determination, the aggregate amount of the Term Commitments on such date, and as may be reduced from time to time, which as of the Closing Date is $300,000,000.

Total Term Commitment means, as of any date of determination with respect to any Term Lender, the applicable aggregate amount of Term Commitments set forth opposite such Term Lender’s name on Annex A.

Total Term Commitment means the sum of the Total A Term Commitment and the Total B Term Commitment.

Total Term Commitment means (a) on or prior to the Term Commitment Termination Date, $120,000,000 (as such amount may be reduced from time to time pursuant to Section 2.05(b) or Section 2.06 or increased from time to time pursuant to Section 2.17) and (b) following the Term Commitment Termination Date, zero.

Total Term Commitment means, at any time, the sum of the Term Commitments of all Term Lenders at such time. The Total Term Commitment shall be $25,000,000 on the Effective Date.

Total Term Commitment means the sum of the Term Commitments of each of the Banks.

Total Term Commitment means the aggregate of the Term Commitments of each of the Term Lenders, as decreased, cancelled or terminated from time to time pursuant to this Agreement.