Additional Commitment Party definition

Additional Commitment Party means a Person that becomes a Commitment Party pursuant to Section 2.6 of this Agreement.
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Additional Commitment Party means a Person that executed a joinder agreement to the Backstop Commitment Letter in accordance with the terms thereof or becomes a Commitment Party pursuant to Section 2.6(c) of this Agreement.
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Additional Commitment Party means each Additional Arranger and each Additional Underwriter.
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Examples of Additional Commitment Party in a sentence

  • All commitments and undertakings of the Additional Commitment Party hereunder will terminate upon termination of the Commitment Letter.

  • No party has been authorized by Pinnacle, any Original Commitment Party or the Additional Commitment Party to make any oral or written statements that are inconsistent with this Commitment Joinder Letter.

  • This letter (this “Commitment Joinder Letter”) sets forth the agreement of Pinnacle, each Original Commitment Party and the additional commitment party signatory hereto (the “Additional Commitment Party”) regarding the commitment by the Additional Commitment Party to provide a portion of the commitments under the Commitment Letter.

  • The Additional Commitment Party acknowledges and agrees that, pursuant to the terms of the Commitment Letter, the Original Commitment Parties are respectively exclusively authorized by Pinnacle to act in the capacities set forth in Section 1(a) of the Commitment Letter in connection with the Facilities.

  • Furthermore, the Additional Commitment Party represents that its commitments hereunder are commitments from its institution only, and do not in any way include a commitment or other arrangement from any other non-affiliated institution.

  • The Additional Commitment Party acknowledges and agrees that (i) it will only share in commitment reductions prior to the completion of primary syndication as provided in Section 1 above and (ii) no secondary selling, offers to purchase or transfers of commitments or funded loans or participations in commitments or funded loans will occur with respect to the Facilities until the Final Syndication Date.

  • As consideration for the Additional Commitment Party’s agreements under this Commitment Joinder Letter with respect to the New Pinnacle Term Loans and the New Pinnacle Credit Facilities, the Additional Commitment Party shall be treated as if it were an Initial Pinnacle Credit Agreement Lender under the Fee Letter.

  • As consideration for the Additional Commitment Party’s agreements under this Commitment Joinder Letter with respect to the Acquisition Holdings Bridge Facility, the Additional Commitment Party shall be treated as if it were an Initial Acquisition Holdings Bridge Lender under the Fee Letter.

  • For the avoidance of doubt, nothing in this Commitment Joinder Letter shall give any rights to the Additional Commitment Party as a Lead Arranger, Joint Bookrunner, Administrative Agent or Syndication Agent.

  • Any party which purchases Claims from any Noteholder Co-Proponent, or otherwise is the transferee in respect of any Claims transferred by any Noteholder Co-Proponent, may not, in respect of such purchased or otherwise transferred Claims, become a Phase Two Commitment Party, a Phase Two Private Placement Party, an Additional Commitment Party or Additional Private Placement Party in respect of such Claims.


More Definitions of Additional Commitment Party

Additional Commitment Party means a Person that becomes a Commitment Party pursuant to Section 2.6(c) of this Agreement.
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Additional Commitment Party means each person appointed as an original lender of the Interim SUN Facility and as an original note purchaser in respect of the SUNs in accordance with paragraph 4 (Appointment) below.
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Additional Commitment Party has the meaning set forth in the Backstop Commitment Agreement.
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Additional Commitment Party means each person appointed as an original lender of the Interim PIK Facility and as an original note purchaser in respect of the PIK Notes in accordance with paragraph 4 (Appointment) below.
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Additional Commitment Party means each party that is a qualified institutional buyer (as defined in Rule 144A under the Securities Act) or an Institutional Accredited Investor (which is an “accredited investor” as such term is defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act) and that is a holder of an Eligible Backstop Claim that agrees to participate in the Backstop Commitment by joining this Agreement and the Plan Support Agreement pursuant to Article II of this Agreement. Initial Commitment Parties may be Additional Commitment Parties with respect only to additional Eligible Backstop Claims purchased in excess of the Eligible Backstop Claims held by such Initial Commitment Parties as of the execution of this Agreement.
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Related to Additional Commitment Party

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

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

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

  • 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.

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

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

  • 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.

  • Additional Lender has the meaning set forth in Section 2.14(c).

  • Existing Commitment shall have the meaning provided in Section 2.17.

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

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

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

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any Incremental Commitments which shall be consistent with the applicable provisions of this Agreement relating to such Incremental Commitments and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.

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

  • Additional Lenders has the meaning assigned to such term in Section 2.18(b).

  • 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.

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

  • 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.

  • 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.

  • 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.

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

  • 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).