Year Commitment. Borrower shall not be entitled to request a 3-Year Advance in an amount which, when added to the aggregate Individual Outstanding 3-Year Obligations of all Syndication Parties, would exceed the 3-Year Commitment.
Year Commitment. Borrower may not make a 3-Year Bid Request in an amount which, when added to the aggregate Individual Outstanding 3-Year Obligations of all Syndication Parties, would exceed the 3-Year Commitment.
Year Commitment. The Administrative Agent will notify Borrower of any event occurring after the date of this Credit Agreement that will entitle any such Syndication Party to compensation pursuant to this Section as promptly as practicable after it obtains knowledge thereof and of such Syndication Party’s determination to request such compensation. The Administrative Agent shall include with such notice, a certificate from such Syndication Party setting forth in reasonable detail the calculation of the amount of such compensation. Determinations by any Syndication Party for purposes of this Section of the effect of any increase in the amount of capital required to be maintained by any such Syndication Party and of the amount of compensation owed to any such Syndication Party under this Section shall be conclusive absent manifest error, provided that such determinations are made on a reasonable basis.
Year Commitment. Borrower shall not be entitled to request a 5-Year Advance in an amount which, when added to the aggregate Individual Outstanding 5-Year Obligations of all Lenders, would exceed the 5-Year Commitment.
Year Commitment. During the Five-Year Commitment Period, the Borrower may use the Five-Year Commitments by borrowing, prepaying the Five-Year Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Notwithstanding anything to the contrary contained in this Agreement, in no event (after giving effect to the use of proceeds of any Borrowing) shall (i) the amount of any Lender’s Five-Year Commitment Percentage multiplied by the amount of a Borrowing of Five-Year Loans exceed such Xxxxxx’s Five-Year Available Commitment at the time of such Borrowing or (ii) the aggregate amount of Five-Year Extensions of Credit and Five-Year Competitive Loans at any one time outstanding exceed the aggregate Five-Year Commitments then in effect of all Lenders.
Year Commitment. If the Individual 3-Year Commitments shall have terminated or expired, the Applicable Percentage shall be determined based upon the Individual 3-Year Commitments most recently in effect, giving effect to any assignments.
Year Commitment. If a potential owner chooses to join the LLC, he or she will have a commitment of 2 years before they can terminate their membership without penalty. If an owner decides to terminate their position in the LLC before the 2 year commitment is fulfilled, they will incur a penalty as stated in paragraph (28). Distributions will be made as stated in paragraph (26) of this agreement. Once the 2 year commitment is fulfilled, then all other parts of this agreement will be in effect. The 2 year commitment will commence on his or her anniversary date into the LLC. 37) Capitalization of Assets: The LLC at times will make purchases to conduct its business or to maintain the various properties’ condition. Any expense greater than
Year Commitment. The commitment of the Lenders to --------------------- make the Three-Year Facility available to Borrower.
Year Commitment. During the Five-Year Commitment Period, the Borrower may use the Five-Year Commitments by borrowing, prepaying the Five-Year Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Notwithstanding anything
