The Total Commitment Sample Clauses
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The Total Commitment. Subject to the terms and conditions of this Agreement, the Lender agrees to make available to the Borrower, during the applicable Availability Period, the Loans not to exceed the Total Commitment amount of $48,235,000 in two tranches identified as Loan I and Loan II as follows:
(a) Loan I. An amount up to $11,435,000 on account of Loan I to finance up to 70% of the costs of Phase I of the Project; and
(b) Loan II. An amount up to $36,800,000 on account of Loan II to finance up to (i) an amount equal to 75% of costs of Phase II of the Project, plus (ii) an amount equal to 5% of the costs of Phase I of the Project (the "Additional Amount").
The Total Commitment. Subject to all of the terms of this Agreement, Seller commits to deliver and sell to Buyer and Buyer commits to receive and purchase from Seller the Total Commitment of Gas. The Total Commitment (which is subject to adjustment) consists of an Initial Commitment of four hundred fifty-six (456) Bcf of Gas, plus Annual Additional Commitments, plus a Final Additional Commitment. Under specified circumstances, there may be no Annual or Final Additional Commitments. Subject to Buyer’s rights pursuant to Section 4.13(a, b and e), deliveries of the Additional Commitments shall begin immediately after Buyer has exhausted the Initial Commitment.
The Total Commitment. The Swingline Sublimit is part of, and not in addition to, the Total Commitment.
The Total Commitment. Within the foregoing limits, the Borrower may during the Commitment Period borrow, repay and reborrow under the Swing Line Commitment, subject to and in accordance with the terms and limitations hereof.
The Total Commitment