Additional Loan Commitment definition

Additional Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make Additional Loans hereunder up to the amount set forth in the applicable Incremental Agreement, and/or in any Assignment and Assumption pursuant to which such Lender assumes an Additional Loan Commitment, as applicable, as the same may be (a) reduced from time to time or terminated pursuant to this Agreement and (b) increased from time to time pursuant to Section 2.15 or assignments to such Lender pursuant to Section 10.06.

Additional Loan Commitment has the meaning ascribed to such term in Section 2.1(f) (i).

Additional Loan Commitment means with respect to each Additional Lender, the commitment of such Additional Lender to make Additional Loans hereunder, in an aggregate principal amount at any time outstanding not in excess of the amount set forth opposite the name of such Additional Lender in the column entitled "Additional Loan Commitment" in the table appearing on Annex 2.1 or, with respect to any New Additional Lender, as shall be set forth on the signature page hereto.

Examples of Additional Loan Commitment in a sentence

• In addition, in connection with the effectiveness of any Additional Loan Commitment, the Borrower shall deliver to the Administrative Agent customary supplemental opinions, corporate resolutions, certificates and other customary documents, in each case as the Administrative Agent may reasonably request in connection therewith.

• The proceeds of the Additional Loan Commitment shall be used in a manner not prohibited by this Agreement, including by Section 6.1 hereof, or by any other Loan Document, unless otherwise agreed to by Lender in its sole discretion.

• Any Loans drawn under the Additional Loan Commitment shall in all respects be subject to the terms of this Agreement as if they were part of and drawn under the original Loan Commitment.

• The Mortgage shall have been modified of record to reflect the addition of the Additional Loan Commitment in a manner in form and substance reasonably satisfactory to the Lender.

• Notwithstanding anything to the contrary in this Section 2.12(a), the Borrowers may elect, with respect to the initial $50,000,000 of reductions in Commitments required by this Section 2.12(a), by giving notice by telephone (promptly confirmed by writing or telecopy notice) prior to any reduction pursuant to this Section 2.12(a), to cause all or any portion of the applicable Net Cash Proceeds to reduce the Total Additional Loan Commitment or the Total Refinancing Loan Commitment or both.

More Definitions of Additional Loan Commitment

Additional Loan Commitment means, with respect to each Lender, the commitment of such Lender to make the Additional Loan to the BVI Borrower on the First Amendment Effective Date in the amount set forth opposite such Lender's name under the heading "Additional Loan Commitment" on Schedule 1.01(A) hereto, or in the Assignment and Acceptance pursuant to which such Lender became a Lender under this Agreement, as the same may be terminated or reduced from time to time in accordance with the terms of this Agreement.

Additional Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make term loans constituting Additional Loans hereunder up to the amount set forth in the applicable Incremental Agreement, and/or in any Assignment and Assumption pursuant to which such Lender assumes an Additional Loan Commitment, as applicable, as the same may be (a) reduced from time to time or terminated pursuant to this Agreement and (b) increased from time to time pursuant to Section 2.15 or assignments to such Lender pursuant to Section 10.06.

Additional Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make Additional Loans hereunder up to the amount set forth in the applicable Incremental Agreement, and/or in any Assignment and Assumption pursuant to which such Lender assumes an Additional Loan Commitment, as applicable, as the same may be (a) reduced from time to time or terminated pursuant to this Agreement and (b) increased from time to time pursuant to Section 2.15 or assignments to such Lender pursuant to Section 10.06. As of the Kodiak Pay-off Amendments Effective Time, unless and until a GCI Liberty Merger Agreement Termination occurs, each Kodiak Pay-off Loan Commitment shall be an Additional Loan Commitment hereunder.

Additional Loan Commitment means, with respect to each Lender, the commitment of such Lender to make the Additional Loan to the BVI Borrower on the First Amendment Effective Date in the amount set forth opposite such Lender’s name under the heading “Additional Loan Commitment” on Schedule 1.01(A) hereto, or in the Assignment and Acceptance pursuant to which such Lender became a Lender under this Agreement, as the same may be terminated or reduced from time to time in accordance with the terms of this Agreement.

Additional Loan Commitment means, for each Lender, the amount set for the opposite such lender's name in Schedule I to the Credit Agreement directly below the column entitled "Additional Loan Commitment", as same may be increased from time to time pursuant to Section 2.02 of the Agreement and reduced from time to time pursuant to Sections 2.06 and/or 2.07 of the Agreement or adjusted from time to time as a result of assignments to or from such Lender pursuant to Section 10.11(a) of the Agreement.

Additional Loan Commitment means, for each Lender, the amount set forth opposite such Lender’s name in Schedule 1.01(c) directly below the column entitled “Additional Loan Commitments,” as the same may be terminated pursuant to Sections 3.02 or 9, as applicable.

Additional Loan Commitment shall have the meaning assigned to such term in Section 2.25 hereof.