Payment Commitment Sample Clauses

Payment Commitment. The New Vehicle Swing Line Lender is authorized to make New Vehicle Swing Line Loans for the account of the Borrowers directly to certain individual manufacturers or distributors that provide New Vehicles to the Borrowers, in accordance with the terms and conditions of the respective Payment Commitment agreed to between the New Vehicle Swing Line Lender and each such manufacturer or distributor. Each New Vehicle Swing Line Loan made pursuant to a Payment Commitment shall be a Eurodollar Rate Loan at the time of such Borrowing, but may be converted to a Base Rate Loan in accordance with the terms of this Agreement. The Borrowers shall remain jointly and severally liable to the New Vehicle Swing Line Lender for all payments made to a manufacturer or distributor pursuant to a Payment Commitment.
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Payment Commitment. We agree to sponsor the following student: student ID#: in the amount of $ for the following term at Gateway Seminary. Payment in full will be sent to Gateway Seminary no later than (enter date, must be within 30 days of payment deadline). (check or circle term) Payment Deadline or Agreement due to the Business Office by: Fall 2021 January 2022 Spring 2022 Summer 2022 August 17, 2021 January 3, 2022 January 25, 2022 May 31, 2022 Other Please indicate if the student can request funds in excess of tuition and fees be used for other expenses (i.e. housing, textbooks): YES NO _ Signature of authorized person (non-relative) Title Date *This agreement is neither a contract nor legally binding. The student is solely responsible for all charges. The student is also responsible for insuring that sponsorship agreements are received at the Business Office by the term’s payment deadline. Gateway is not responsible for monitoring conditional requirements made between the sponsoring organization and the student. Mail, or scan and email with signature to: Gateway Seminary Telephone No.: (000) 000-0000 0000 X Xxxxxx Xx Fax No.: (000) 000-0000 Ontario, CA 91761-8642 XxxxxxxxXxxxxx@xx.xxx
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Payment Commitment. Peregrine will pay Motive royalty fees, as outlined in this Schedule, at the minimum of: Year Minimum Payment Amount ---- ---------------------- [*] [*]
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Payment Commitment. KBI irrevocably commits itself to pay to ALCATEL the price of the EQUIPMENT ordered by KBI under the INDENT 17, as expressed in Article 2.2 of this AGREEMENT. All such payments will be made in EURO.
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Payment Commitment. BOZRAH shall take and pay for all capacity and energy which is furnished to BOZRAH pursuant to this Contract. Payments for such capacity and energy shall be made pursuant to the charges established in accordance with the provisions of Section 2.1 (Full-Requirements Contract), Section 3 (Rates and Charges) and Section 6 (Billing) of this Contract.
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Payment Commitment. The Bank is authorized to make Advances on the Borrower's behalf directly to individual manufacturers or distributors of Vehicles listed above, in accordance with the terms and conditions of the Payment Commitment agreed to between the Bank and each manufacturer or distributor. The Bank may revise, terminate or suspend a Payment Commitment at any time by giving written notice to the manufacturer or distributor. The Borrower shall remain liable to the Bank for all payments made to a manufacturer or distributor pursuant to a Payment Commitment.
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Payment Commitment. USD Marketing shall make a minimum monthly guaranteed payment to USD for each calendar month in the amount of [***] per month per month (the “Minimum Monthly Payment”). The Minimum Monthly Payment shall be paid by USD Marketing by wire transfer to an account(s) designated by USD in advance prior to the first day of each month. The Minimum Monthly Payment shall be payable without abatement, reduction, setoff, counterclaim, defense or offset.
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Payment Commitment. In consideration of the payment by Management Company to UNC of Six Hundred Sixty-Three Thousand ($663,000.00) Dollars (hereinafter referred to as the “Right to Manage Fee”) and the considerable investment of time and resources in LLC expected by Management Company, LLC grants to Management Company the exclusive right to provide the Business Services to LLC; provided, however, that nothing in this Agreement shall prohibit the System or any of its affiliates from providing services to LLC, upon approval by Management Company, such approval not to be unreasonably withheld.
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Related to Payment Commitment

  • Investment Commitment The undersigned's overall commitment to investments which are not readily marketable is not disproportionate to the undersigned's net worth, and an investment in the Shares will not cause such overall commitment to become excessive.

  • Increase in Total Commitment (a) The Company may from time to time, by written notice to the Administrative Agent (which shall deliver a copy thereof to each Lender), request that the Total Commitment be increased by an amount not to exceed the Incremental Facility Amount at such time. Such notice shall set forth the amount of the requested increase in the Total Commitment (which shall be an integral multiple of $10,000,000) and the date on which such increase is requested to become effective (which shall not be less than 10 Business Days or more than 60 days after the date of such notice), and shall offer to each Lender the opportunity to increase its Commitment by its Pro Rata Percentage of the proposed increased amount. Each Lender shall, by notice to the Company and the Administrative Agent given not more than 10 days after the date on which the Administrative Agent shall have delivered the Company's notice, either agree to increase its Commitment by all or a portion of the offered amount (each Lender so agreeing being an "Increasing Lender") or decline to increase its Commitment (and any Lender that does not deliver such notice within such period of 10 days shall be deemed to have declined to increase its Commitment) (each Lender so declining or being deemed to have declined being a "Non-Increasing Lender"). In the event that, on the 10th day after the Administrative Agent shall have delivered the Company's notice, the Lenders shall have agreed pursuant to the preceding sentence to increase their Commitments by an aggregate amount less than the increase in the Total Commitment requested by the Company, the Company may arrange for one or more banks or other financial institutions (any such bank or other financial institution referred to in this clause (a) being called an "Augmenting Lender"), which may include any Lender, to extend Commitments or increase their existing Commitments in an aggregate amount equal to the unsubscribed amount; provided that each Augmenting Lender, if not already a Lender hereunder, shall be subject to the approval of the Administrative Agent and the Company and each Augmenting Lender shall execute all such documentation as the Administrative Agent shall specify to evidence its Commitment and/or its status as a Lender hereunder. Any increase in the Total Commitment may be made in an amount which is less than the increase requested by the Company if the Company is unable to arrange for, or chooses not to arrange for, Augmenting Lenders.

  • Loan Commitment Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Company herein set forth, the Lender hereby agrees to lend to the Company on the Closing Date and thereafter up to $11,900,000 in the aggregate (the "Loan") consisting of $5,950,000 of 7-year Tranche advances and $5,950,000 of 10-year Tranche advances. The Lender's commitment to make the Loan to the Company pursuant to this Section 2.1 is herein called the "Loan Commitment."

  • Commitment Within 20 days after the Title Company receives a copy of this contract, Seller shall furnish to Buyer a commitment for title insurance (Commitment) and, at Buyer's expense, legible copies of restrictive covenants and documents evidencing exceptions in the Commitment (Exception Documents) other than the standard printed exceptions. Seller authorizes the Title Company to deliver the Commitment and Exception Documents to Buyer at Buyer's address shown in Paragraph 21. If the Commitment and Exception Documents are not delivered to Buyer within the specified time, the time for delivery will be automatically extended up to 15 days or 3 days before the Closing Date, whichever is earlier. If the Commitment and Exception Documents are not delivered within the time required, Buyer may terminate this contract and the xxxxxxx money will be refunded to Buyer.

  • Revolving Loan Commitment Each Lender with a Revolving Loan Commitment agrees to make loans on a revolving basis (“Revolving Loans”) from time to time until the Termination Date in such Lender’s Pro Rata Share of such aggregate amounts as the Company may request from all Lenders; provided that the Revolving Outstandings will not at any time exceed Revolving Loan Availability.

  • Term Loan Commitment As to each Term Loan Lender, the amount equal to such Term Loan Lender’s Term Loan Commitment Percentage of the aggregate principal amount of the Term Loans from time to time outstanding to the Borrower.

  • Total Commitment The sum of the Commitments of the Banks, as in effect from time to time.

  • Revolving Commitment Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make available to the Borrower such Lender's Revolving Commitment Percentage of revolving credit loans requested by the Borrower in Dollars ("REVOLVING LOANS") from time to time from the Closing Date until the Maturity Date, or such earlier date as the Revolving Commitments shall have been terminated as provided herein; PROVIDED, HOWEVER, that the sum of the aggregate outstanding principal amount of Revolving Loans shall not exceed ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 3.4, the "REVOLVING COMMITTED AMOUNT"); PROVIDED, FURTHER, (A) with regard to each Lender individually, such Lender's outstanding Revolving Loans shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount, and (B) the sum of the aggregate outstanding principal amount of Revolving Loans PLUS LOC Obligations PLUS Swingline Loans shall not exceed the Revolving Committed Amount. The initial advance of the Revolving Loans on the Closing Date shall consist solely of Base Rate Loans. Thereafter, Revolving Loans may consist of Base Rate Loans or Eurodollar Loans, or a combination thereof, as the Borrower may request; PROVIDED, HOWEVER, that no more than 15 Eurodollar Loans shall be outstanding hereunder at any time (it being understood that, for purposes hereof, Eurodollar Loans with different Interest Periods shall be considered as separate Eurodollar Loans, even if they begin on the same date, although borrowings, extensions and conversions may, in accordance with the provisions hereof, be combined at the end of existing Interest Periods to constitute a new Eurodollar Loan with a single Interest Period). Revolving Loans hereunder may be repaid and reborrowed in accordance with the provisions hereof.

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