Advance Loan Commitment definition

Advance Loan Commitment means, as to any Lender, the obligation, if any, of such Lender to make Advance Loans in an aggregate principal amount at any one time outstanding up to (but not exceeding) the amount, if any, set forth opposite such Lender's name on the signature pages hereof under the caption "Advance Loan Commitment", or otherwise provided for in an Assignment and Acceptance Agreement (as the same may be reduced from time to time pursuant to Section 2.3 hereof).
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Advance Loan Commitment set forth in Section 1.01 of the Credit Agreement is hereby amended to read in its entirety as follows:
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Advance Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make Advance Loans hereunder, expressed as an amount representing the maximum principal amount of the Advance Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Advance Loan Commitment is set forth on Schedule 2.01A, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Advance Loan Commitment, as applicable. The initial aggregate amount of the Lenders’ Advance Loan Commitments is $10,000,000.
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Examples of Advance Loan Commitment in a sentence

  • Such advance loan commitment fees shall be computed (on the basis of the actual number of days elapsed in a year composed of 360 days) on each day and shall be based on the excess of (x) the aggregate amount of each Advance Loan Lender's Advance Loan Commitment for such day over (y) the aggregate unpaid principal balance of such Lender's Advance Notes on such day.

  • Xxxx ------------------------------- Title: Banking Officer ------------------------------ Address for Notices: Revolving Loan Commitment: 00 Xxxx Xxxxx, X.X, Xxxx Code 124 Xxxxxxx, Xxxxxxx 00000 $3,289,473.68 Attention: Xx. Xxxxxxx Xxxx Telecopy No.: (000) 000-0000 Advance Loan Commitment: $16,710,526.32 THE NORTHERN TRUST COMPANY By: /s/ Xxxxxx X.

  • Xxxxxxxx, Vice President Address for Notices: Revolving Loan Commitment: 000 Xxxx Xxxxxx Xxxxxxx, Xxxxx 00000 $4,440,789.48 Attention: Manager, Franchise and Trademark Finance Division Telecopy No.: (000) 000-0000 Advance Loan Commitment: $22,559,210.53 76 XXXXXX FINANCIAL, INC., as Documentation Agent and as a Lender By: /s/ K.

  • Xxxxxxxx, Vice President Address for Notices: Revolving Loan Commitment: 000 Xxxx Xxxxxx Xxxxxxx, Xxxxx 00000 $4,440,789.48 Attention: Manager, Franchise and Trademark Finance Division Telecopy No.: (000) 000-0000 Advance Loan Commitment: $22,559,210.53 XXXXXX FINANCIAL, INC., as Documentation Agent and as a Lender By: /s/ K.

  • Each reference to the aggregate Protective Advance Loan Commitments shall be deemed to be a reference to the amended aggregate Protective Advance Loan Commitments of $17,700,000 and each reference to a Lender’s Protective Advance Loan Commitment shall be deemed to be a reference to such amount set forth next to such Lender’s name on Exhibit A attached to this Amendment.


More Definitions of Advance Loan Commitment

Advance Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make Advance Loans hereunder, expressed as an amount representing the maximum principal amount of the Advance Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The amount of each Lender’s Advance Loan Commitment as of May 17, 2017 is set forth on Schedule 2.01A. The aggregate amount of the Lenders’ Advance Loan Commitments as of May 17, 2017 is $0.
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Advance Loan Commitment means, as to each Lender, its obligation to make Advance Loans to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the lesser of (i) the amount set forth opposite such Lender's name on Schedule 2.01 under the caption "Advance Loan Commitment" or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto (but such amount may not be less than the Advance Loan Commitment of the transferring Lender), as applicable, as such amount may be adjusted from time to time in accordance with this Agreement, and (ii) such Lender's Pro Rata Percentage of the lesser of (A) (x)$l,OOO,OOO,OOO, minus (y) the amount of the Authorized Overage Loan Commitment then in effect, and.
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Related to Advance Loan Commitment

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • 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.

  • 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.

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

  • Loan Commitment means a statement transmitted in writing or electronically by a mortgage lender setting forth the terms and conditions upon which the mortgage lender is willing to make a particular residential mortgage loan to a particular borrower.

  • 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 A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • 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).

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

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

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

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • 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.

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

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