Additional Commitment Notice definition

Additional Commitment Notice means a notice substantially in the form set out in Schedule 9 (Additional Commitment Notice) delivered by the Company to the Agent in accordance with Clause 2.3 (Additional Commitments).
Sample 1Sample 2Sample 3
Additional Commitment Notice has the meaning assigned to such term in Section 10.17(b).
Sample 1Sample 2
Additional Commitment Notice has the meaning given to it in clause 3.2 (Additional Commitments).
Sample 1Sample 2Sample 3

Examples of Additional Commitment Notice in a sentence

  • Employees shall be advised in writing of their employment type and classification upon appointment.

  • Upon receipt of the Additional Commitment Notice, the Administrative Agent shall notify the then existing Lenders of the terms of such Additional Commitment Notice and each Lender’s pro rata share of the proposed Additional Commitment Amount.

  • Upon receipt of the Additional Commitment Notice, Administrative Agent shall notify the then existing non-Defaulting Lenders of the terms of such Additional Commitment Notice and each such Lender’s pro rata share (in proportion to the Applicable Percentages of the non-Defaulting Lenders) of the proposed Additional Commitment Amount and whether such Additional Commitment Amount shall increase the then outstanding Revolving Loan Commitments or Term Loan Commitments.

  • The Borrower may deliver an Additional Commitment Notice to the Lead Agent not more frequently than once every six (6) months until such time as the aggregate Additional Commitment has been obtained.

  • Notwithstanding the foregoing, during the period after the giving of the Additional Commitment Notice and prior to the Syndication Expiration Date, the Lender which is the Agent shall have the right, at its option, to commit to make the Additional Commitments available to the Borrower and, if the Lender which is the Agent shall so elect to commit to making the Additional Commitments available to the Borrower, to arrange a syndicate of Lenders with Commitments aggregating the Increased Facility Amount.

  • For purposes hereof, the "Syndication Expiration Date" means the --------------------------- 116 date which is 90 days after the applicable Additional Commitment Notice was received by the Agent.

  • Upon receipt of the Additional Commitment Notice, Administrative Agent shall notify the then existing Lenders of the terms of such Additional Commitment Notice and each Lender’s pro rata share of the proposed Additional Commitment Amount.

  • He testified that while the couple had planned to marry before buying a home together, they could not find housing in their price range until they happened upon this trailer home, so they made the purchase.Mr. Esprit figured that the couple could afford to pay for the financing, given that Ms. Henry’s expenses would be reduced by the $500.00 in rent she waspaying before moving into the home.

  • Upon receipt of the Additional Commitment Notice, Administrative Agent shall notify the then existing non-Defaulting Lenders of the terms of such Additional Commitment Notice and each such Lender’s pro rata share (in proportion to the Applicable Percentages of the non-Defaulting Lenders) of the proposed Additional Commitment Amount.

  • In the event of any dispute arising out of or related to this Agreement, the parties agree to enter into binding arbitration under the commercial rules of the American Arbitration Association.


More Definitions of Additional Commitment Notice

Additional Commitment Notice shall have the meaning assigned to such term in Section 2.24(a).
Sample 1Sample 2
Additional Commitment Notice has the meaning set forth in Section ---------------------------- 9.
Sample 1
Additional Commitment Notice has the meaning set forth in Section 2.21(a).
Sample 1
Additional Commitment Notice is defined in Section 14.23.
Sample 1
Additional Commitment Notice means a written notice delivered by the Company to the Parent Members at least three business days prior to the Closing, (a) setting forth the aggregate price of the shares of Company Common Stock to be purchased by the Parent Members at the Closing pursuant to paragraph (2) of this Agreement, and (b) allocating the aggregate price payable among the Parent Members based on the Proportionate Share of each Parent Member, (ii) “Additional Equity Commitment” shall mean the aggregate purchase price for the shares of Company Common Stock to be purchased by the Parent Members at the Closing, not to exceed $60,000,000, as designated in writing in the Additional Commitment Notice, (iii) “Per Share Price” shall mean, as of the Closing Date, the volume-weighted average price of the shares of Company Common Stock during the 10 consecutive trading day period ending on the trading day immediately preceding the Closing Date, calculated, for each such trading day, by dividing the aggregate value of the shares of Company Common Stock traded on the principal securities exchange or securities market on which the shares of Company Common Stock are then traded during regular hours (price per share multiplied by number of shares traded) by the total volume (number of shares) of the shares of Company Common Stock traded on such principal securities exchange or securities market for such trading day, as adjusted for combinations, consolidations, subdivisions, stock splits or similar transactions occurring during such 10 consecutive trading day period, (iv) “Proportionate Share” shall mean, as to each Parent Member, such Parent Member’s Percentage Interest (as defined in the RCAP Holdings LLC Agreement), (v) “RCAP Holdings LLC Agreement” shall mean the Third Amended and Restated Limited Liability Company Operating Agreement of RCAP Holdings, LLC dated as of December 28, 2012, as amended or restated from time to time, and (vi) “WMUPO Price” shall mean the same per share purchase price offered to the public as set forth in the Well-Marketed, Underwritten Public Offering.
Sample 1

Related to Additional Commitment Notice

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Commitment Increase Notice as defined in Section 2.1(b).

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • 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.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • 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.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • 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 Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Commitment shall have the meaning set forth in Section 2.23.

  • 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).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • 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.

  • 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.

  • 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.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

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

  • Commitment Increase Supplement as defined in subsection 2.20(c).

  • Term Commitment Increase has the meaning specified in Section 2.14(a).

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • Increase Notice has the meaning specified in Section 2.05(c)(ii).