Commitment definition

Commitment means, as to each Lender, its obligation to (a) make Committed Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

Commitment means the unfunded portion of a line of credit or other commitment reflected on the books and records of the Failed Bank to make an extension of credit (or additional advances with respect to a Loan) that was legally binding on the Failed Bank as of Bank Closing, other than extensions of credit pursuant to the credit card business and overdraft protection plans of the Failed Bank, if any.

Commitment means a Term Loan Commitment or a Revolving Credit Commitment, as the context may require.

Examples of Commitment in a sentence

• Immediately after giving effect to the making of a Loan (and the application of the proceeds thereof) or issuance or renewal of the Letter of Credit, the Utilized Revolving Commitment shall not exceed the Revolving Loan Commitment.

• To be eligible for the refund, the family must 1) fulfill their Volunteer Obligations, as outlined in this section, 2) fulfill their Team Commitment, as outlined in the next section, and 3) have no late monthly payments.

• The specific fee standard and collection method shall sign the Commitment Service Agreement separately during the promised service period.

• HUD has issued a Firm Commitment to the Owner pursuant to the Xxxxxxxx-Xxxxxxxx Affordable Housing Act of 1990, as amended, or Section 202 of the Housing Act of 1959, as amended, and Program Obligations, on which the Owner is relying for financing of the Project.

• We/I have read the 2024-25 Player/Family Participation and Membership Agreement for Sportsmanship, Team Commitment, Volunteer and Financial Obligations and We/I agree to meet the 2024-25 Player/Family Participation and Membership Agreement for Sportsmanship, Team Commitment, Volunteer and Financial Obligations for the entire 2024-25 season.

More Definitions of Commitment

Commitment means a Term Commitment or a Revolving Credit Commitment, as the context may require.

Commitment means, as to each Lender, its obligation to (a) make Loans to the Borrower pursuant to Section 2.01, and (b) purchase participations in L/C Obligations, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

Commitment has the meaning specified in Section 2.01.

Commitment means a Revolving Credit Commitment or a Letter of Credit Commitment.

Commitment means, as to each Lender, the Revolving Commitment of such Lender.

Commitment means, with respect to any Lender, such Lender’s Revolving Credit Commitment and Term Loan Commitment.

Commitment means, as to any Lender, the obligation of such Lender to make Loans to the Borrower hereunder in an aggregate principal amount at any time outstanding not to exceed the amount set forth opposite such Lender's name on Schedule 1, as the same may be reduced or modified at any time or from time to time pursuant to Sections 2.5, 2.6 and 12.8.