Examples of Acquisition Commitment in a sentence
Subject to the terms and conditions set forth herein, each Acquisition Lender severally agrees to make Acquisition Loans to the Borrowers from time to time, on any Business Day during the Availability Period for the Acquisition Facility, in an aggregate amount not to exceed such Acquisition Lender’s Acquisition Commitment.
Each reduction of the Long-term Acquisition Commitment under this Section 2.11(b) shall also result in an automatic reduction of the Letter of Credit Commitment on a nine dollar-to-one dollar basis.
Any reduction of the Total WC Revolver Commitments, the Total Revolver Commitments and/or the Total Acquisition Commitments, as the case may be, shall be applied to the applicable WC Revolver Commitment, the Acquisition Commitment and the Revolver Commitment of each Lender according to its Applicable Percentage.
Each Acquisition Loan by a Lender shall be in a principal amount equal to such Lender's Acquisition Commitment Percentage of the aggregate principal amount of Acquisition Loans requested or required on such occasion.
The sum of the Total Commitment and the Total Acquisition Commitment.