Acquisition Commitment Amount definition

Acquisition Commitment Amount means, on any date, (x) $390,000,000, as reduced from time to time pursuant to Section 6.1 minus (y) the Revolving Outstandings on such date.
Sample 1
Acquisition Commitment Amount means $30,000,000, as such amount may be reduced from time to time pursuant to Section 6.2.
Sample 1
Acquisition Commitment Amount means $50,000,000, as such amount may be reduced from time to time pursuant to Section 6.2.
Sample 1

Examples of Acquisition Commitment Amount in a sentence

  • The Company may reduce the Revolving Commitment Amount or the Acquisition Commitment Amount upon at least ten Business Days’ notice to the Agent (which shall promptly advise each Lender thereof) and payment of the early termination fee set forth below.

  • The Company may from time to time on at least five Business Days' prior written notice received by the Administrative Agent (which shall promptly advise each Bank thereof) permanently reduce the Acquisition Commitment Amount.

  • All reductions of the Acquisition Commitment Amount shall reduce the Acquisition Commitments pro rata among the Lenders according to their respective Pro Rata Shares.

  • All reductions of the Acquisition Commitment Amount shall reduce the Acquisition Commitments pro rata among the Banks according to their respective Acquisition Percentages.

  • The Company shall not be entitled to a reduction in the amount of the Servicing Acquisition Commitment Fee in the event the Servicing Acquisition Commitment Amount is reduced or in the event that the Servicing Acquisition Commitment is terminated at the request of the Company or the Servicing Acquisition Advances are prepaid by the Company or become due and payable pursuant to Section 8.2 below.

  • Each Lender will make loans on a revolving basis (“Acquisition Loans”) to the Company from time to time until the Termination Date in such Lender’s Pro Rata Share of such aggregate amounts as the Company may request; provided that (x) the Acquisition Outstandings will not at any time exceed the Acquisition Commitment Amount and (y) the Total Outstandings will not, at any time, exceed the Borrowing Base by more than the lesser of (x) $300,000,000 and (y) 35% of the Domestic Blue Sky Value at such time.

  • For purposes of calculating usage under this Section, the Revolving Commitment Amount shall be deemed used to the extent of the sum of the aggregate outstanding principal amount of all Revolving Loans and the Stated Amount of Letters of Credit at such time and the Acquisition Commitment Amount shall be deemed used to the extent of the aggregate outstanding principal amount of all Acquisition Loans at such time.

  • Each Lender severally agrees, on the terms and conditions set forth herein, to make loans to the Company (each such loan, an "Acquisition Loan"), from time to time on any Business Day during the period from the Effective Date to December 31, 1998, in an aggregate amount not to exceed such Lender's Percentage of the Acquisition Commitment Amount as in effect on such day.

  • On each date on which the Acquisition Commitment Amount is reduced pursuant to Section 6.2.6, the Company shall prepay Acquisition Loans in the amount, if any, by which the Acquisition Loans exceed the Acquisition Commitments after giving effect to such reduction.

  • Acquisition Commitment Amount means, on any date, (x) $250,000,000, as reduced from time to time pursuant to Section 6.1 minus (y) the Revolving Outstandings on such date.


More Definitions of Acquisition Commitment Amount

Acquisition Commitment Amount means $70,000,000, as reduced from time to time in accordance with the terms hereof. Acquisition Loan - see subsection 2.1(b).
Sample 1
Acquisition Commitment Amount means the lesser of $5,000,000 or 30% of the NASDAQ National Markets daily stock value of the Medar, Inc. shares owned by Borrower.
Sample 1

Related to Acquisition Commitment Amount

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Commitment Amount means, as the context may require, the Revolving Loan Commitment Amount, the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount.

  • LC Commitment Amount means $600,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.08.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Total Incremental Term Loan Commitment means the sum of the Incremental Term Loan Commitments of any Class of Incremental Term Loans of all the Lenders providing such Class of Incremental Term Loans.

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Equity Commitment means (a) options, warrants, convertible securities, exchangeable securities, subscription rights, conversion rights, exchange rights, or other Contracts that could require a Person to issue any of its Equity Interests or to sell any Equity Interests it owns in another Person; (b) any other securities convertible into, exchangeable or exercisable for, or representing the right to subscribe for any Equity Interest of a Person or owned by a Person; (c) statutory pre-emptive rights or pre-emptive rights granted under a Person's Organizational Documents; and (d) stock appreciation rights, phantom stock, profit participation, or other similar rights with respect to a Person.

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Aggregate Revolving Committed Amount means the aggregate amount of Commitments in effect from time to time, being initially One Hundred Fifty Million Dollars ($150,000,000) (as such amount may be increased as provided in Section 2.5 or reduced as provided in Section 2.9 from time to time).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • SBIC Equity Commitment means a commitment by the Borrower to make one or more capital contributions to an SBIC Subsidiary.

  • Total Commitment means, at any time, the sum of the Commitments of each of the Lenders at such time.