Adjusted Commitment definition

Adjusted Commitment means on any date of determination, with respect to a Committed Purchaser for a CP Conduit, such Committed Purchaser’s Commitment minus the sum of (a) the Class B Principal Balance held by such Committed Purchaser plus (b) the aggregate outstanding principal amount of its Support Advances to such CP Conduit (but excluding any Support Advances made to fund such CP Conduit’s obligations to pay interest, fees or other similar amounts relating to the funding of its making or maintaining its purchases hereunder).

Adjusted Commitment means on any date of determination with respect to an Alternate Purchaser for a Conduit, such Alternate Purchaser’s Commitment minus the sum of (a) the portion of the Purchaser Invested Amount with respect to the Purchaser Group of which such Conduit is a member funded by such Alternate Purchaser and (b) the portion of such Purchaser Invested Amount an interest in which was acquired by such Alternate Purchaser acting as a Liquidity Provider pursuant to a Liquidity Agreement.

Adjusted Commitment for each Non-Defaulting Bank shall mean at any time the product of such Bank's Adjusted Percentage and the Adjusted Total Commitment.

Examples of Adjusted Commitment in a sentence

• The immediate Past-Commodore shall be the Chairman of the Nomination Committee.

• The warranty timeframe lapses as of January 13, 2011 and, on information and belief, inspections of the completed work had occurred as of January 13, 2011, entitling Cornerstone LLC to release this portion of the Adjusted Commitment Guaranty.

• Each Backstop Party that is not a Defaulting Backstop Party (each, a “Non-Defaulting Backstop Party”) shall have the right, but not the obligation, to assume its Adjusted Commitment Percentage (or such other proportion as agreed by the Non-Defaulting Backstop Parties) of such Defaulting Backstop Party’s Backstop Commitment.

• E) If there is an adjusted commitment amount for this item, enter it in the DBE Work Item Adjusted Commitment Amount field.

• Each Series 2000-1 APA Bank’s Series 2000-1 Commitment shall be reduced pro rata by such Series 2000-1 APA Bank’s Series 2000-1 Adjusted Commitment Percentage of the amount of such Series 2000-1 Commitment Reduction.

More Definitions of Adjusted Commitment

Adjusted Commitment means with respect to any date of determination, with respect to an Owner, such Owner’s Commitment, minus the aggregate outstanding principal amount of its Support Advances to the Conduit Purchasers in its related Ownership Group as of such date.

Adjusted Commitment. On any date of determination, with respect to a Committed Lender for a Conduit Lender, such Committed Lender’s Commitment minus the aggregate outstanding principal amount of its Support Advances to such Conduit Lender.

Adjusted Commitment means, on any date of determination, with respect to a Committed Lender for a Conduit Lender, such Committed Lender’s Commitment minus the aggregate outstanding principal amount of its Support Advances to such Conduit Lender.

Adjusted Commitment shall have the meaning assigned to such term in Section 5.09(b).

Adjusted Commitment means on any date of determination, with respect to a Liquidity Purchaser for a Conduit Purchaser, such Liquidity Purchaser's Commitment minus the aggregate outstanding principal amount of its Support Advances to such Conduit Purchaser (excluding any portion thereof advanced to such Conduit Purchaser to fund interest, discount, fees, expenses or similar amounts in respect of Commercial Paper Notes or other indebtedness of such Conduit Purchaser or in respect of the Class A-2 Certificates).

Adjusted Commitment means, on any date of determination, (a) with respect to a Committed Lender for a Conduit Lender, such Committed Lender’s Commitment minus the aggregate outstanding principal amount of its Support Advances to such Conduit Lender and (b) with respect to any other Committed Lender, its Commitment.

Adjusted Commitment. On any date of determination, with respect to a Noteholder, such Noteholder's Commitment under the Note Purchase Agreement or Class E-2 Note Purchase Agreement, as applicable, minus the Outstanding Note Balance held by such Noteholder.