Acquisition Loan Commitment Percentage definition

Acquisition Loan Commitment Percentage as to any Lender, the percentage equal to the quotient of such Lender's Acquisition Loan Commitment divided by the aggregate Acquisition Loan Commitments.
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Acquisition Loan Commitment Percentage means, for any Lender, the percentage identified as its Acquisition Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 11.3.
Sample 1
Acquisition Loan Commitment Percentage as to any Acquisition Lender -------------------------------------- at any time, the percentage which such Acquisition Lender's Acquisition Loan Commitment then constitutes of the Aggregate Acquisition Loan Commitment (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Term Loan Lender's Acquisition Loans then outstanding constitutes of the aggregate principal amount of the Acquisition Loans then outstanding).
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Examples of Acquisition Loan Commitment Percentage in a sentence

  • If the amount of such Bank's Acquisition Loan Commitment Percentage of such Acquisition Loans is not made available to the Agent by such Bank within three (3) Business Days following such Drawdown Date, the Agent shall be entitled to recover such amount from the Borrower on demand, with interest thereon at the rate per annum applicable to the Acquisition Loans made on such Drawdown Date.

  • The Agent may, unless notified to the contrary by any Bank prior to a Drawdown Date, assume that such Bank has made available to the Agent on such Drawdown Date the amount of such Bank's Acquisition Loan Commitment Percentage of the Acquisition Loans to be made on such Drawdown Date, and the Agent may (but it shall not be required to), in reliance upon such assumption, make available to the Borrower a corresponding amount.

  • Each Acquisition Note shall (a) be dated the Closing Date, (b) be stated to mature in installments in amounts equal to such Bank's Acquisition Loan Commitment Percentage of the amounts, and payable on the dates, calculated as set forth on Schedule 2.14 and be stated to mature on the Acquisition Loan Maturity Date and (c) provide for the payment of interest in accordance with subsections 5.2 and 5.3.

  • Each U.S. Dollar Bank will make the amount of its pro rata share of each borrowing (based on its Acquisition Loan Commitment Percentage at that time) available to the Administrative Agent for the account of SAC at the office of the Administrative Agent specified in subsection 12.2 prior to 10:00 A.M., New Jersey time, on the Borrowing Date requested by SAC in funds immediately available to the Administrative Agent.

  • Each Lender will make its Acquisition Loan Commitment Percentage of each Acquisition Loan borrowing available to the Agent for the account of the Borrower as specified in SECTION 3.15(a), or in such other manner as the Agent may specify in writing, by 2:00 P.M. (Charlotte, North Carolina time) on the date specified in the applicable Notice of Borrowing in Dollars and in funds immediately available to the Agent.

  • In consideration of the Acquisition Loan Commitments of the Lenders hereunder, the Borrower agrees to pay to the Agent for the account of each Lender a fee (the "ACQUISITION LOAN UNUSED FEE") on such Lender's Acquisition Loan Commitment Percentage of the Unused Acquisition Loan Committed Amount computed at a per annum rate for each day during the applicable Acquisition Loan Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time.

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  • With respect to any Bank, its Revolving Credit Commitment Percentage, and/or its Acquisition Loan Commitment Percentage, and/or its ratable share of the outstanding principal amount of the Term Loan, as the context may require.

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  • In consideration of the Acquisition Loan Commitments of the Lenders hereunder, the Borrower agrees to pay to the Agent for the account of each Lender a fee (the "Acquisition Loan Unused Fee") on such Lender's Acquisition Loan Commitment Percentage of the Unused Acquisition Loan Committed Amount computed at a per annum rate for each day during the applicable Acquisition Loan Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time.


More Definitions of Acquisition Loan Commitment Percentage

Acquisition Loan Commitment Percentage means, with respect to any Acquisition Direct Lender at any date, the percentage which the Acquisition Loan Commitment of such Acquisition Direct Lender constitutes of the Aggregate Acquisition Loan Commitment then in effect (or, if no Aggregate Acquisition Loan Commitment is then in effect, the percentage which the aggregate outstanding principal amount of Syndicated Acquisition Loans of such Acquisition Direct Lender constitutes of the aggregate principal amount of all Syndicated Acquisition Loans then outstanding or, if no Aggregate Acquisition Loan Commitment is then in effect and no Syndicated Acquisition Loans are then outstanding, the percentage which the aggregate principal amount of Fronted Acquisition Loans in which such Acquisition Direct Lender has purchased participating interests constitutes of the aggregate principal amount of all Fronted Acquisition Loans then outstanding);
Sample 1
Acquisition Loan Commitment Percentage. With respect to any Bank, the percentage set forth opposite the name of such Acquisition Loan Bank on Schedule 1 hereto in the column entitled "Acquisition Loan Commitment Percentage".
Sample 1
Acquisition Loan Commitment Percentage as to any Lender at any time, the percentage which such Lender's Extended Acquisition Loan Commitment or Non-Extended Acquisition Loan Commitment, as the case may be, constitutes of all of such Extended Acquisition Loan Commitments or Non-Extended Acquisition Loan Commitments (or, if such Extended Acquisition Loan Commitments or Non-Extended Acquisition Commitment shall have been terminated, the percentage of the outstanding Acquisition Loans constituted by such Lender's Acquisition Loans).
Sample 1
Acquisition Loan Commitment Percentage as to any Acquisition Loan Lender at any time, the percentage which (a) the sum of (i) the aggregate then outstanding principal amount of such Acquisition Loan Lender's Acquisition Loans and (ii) such Acquisition Loan Lender's Available Acquisition Loan Commitment at such time then constitutes of (b) the sum of (i) the aggregate then outstanding principal amount of Acquisition Loans of all the Acquisition Loan 10 3 Lenders and (ii) the aggregate Available Acquisition Loan Commitments of all the Acquisition Loan Lenders at such time.
Sample 1

Related to Acquisition Loan Commitment Percentage

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • 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.

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.

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

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

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

  • Revolver Percentage means, for each Lender, the percentage of the Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.

  • 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.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Swing Line Loan Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • 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.

  • Aggregate Revolving Credit Commitment means the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at any given time. The Aggregate Revolving Credit Commitment on the Closing Date is $1,250,000,000.

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

  • 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).