Aggregate Committed Sum definition

Aggregate Committed Sum means, on any date of determination, the sum of all Committed Sums then in effect for all Lenders (as the same may have been reduced, increased or canceled as provided in the Loan Documents).

Aggregate Committed Sum means, on any day, the lesser of (a) the Maximum Aggregate Commitment for that day as stated in Schedule MAC in effect for that day, and (b) the aggregate of the Lenders’ individual Committed Sums for that day as stated in the definition of “Committed Sum” below.

Aggregate Committed Sum means, on any date of determination, the sum of all Committed Sums then in effect for all Lenders in respect of the Facility (as the same may have been increased, reduced or canceled as provided in the Loan Documents). The Aggregate Committed Sum on the Eleventh Amendment Effective Date is $300,000,000.00.

Examples of Aggregate Committed Sum in a sentence

• If the unpaid balance of the Loan should ever exceed the Aggregate Committed Sum or any other limitation set forth in this Agreement, such excess shall nevertheless constitute part of the Obligations that are secured by the Collateral and entitled to all benefits thereof.

• The fractions to be applied to determine the respective Funding Shares of the Lenders for any day are their respective Commitments divided by the Aggregate Committed Sum for that day.

• The Borrower shall prepay any Loans outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Loans ratable with any revised Pro Rata Shares arising from any nonratable increase in the Aggregate Committed Sum under this Section 2.13.

• On any day, the aggregate amount of Advances outstanding under the Loan shall in no event exceed either the Aggregate Committed Sum or the Borrowing Base for that day.

• If a decrease is made at the end or beginning of each three (3) month period, then the amount of the Facility Fee subsequently due for the ensuing three (3) month period shall be proportionately adjusted based on the new Aggregate Committed Sum.

More Definitions of Aggregate Committed Sum

Aggregate Committed Sum means, on any date of determination, the sum of all Committed Sums then in effect for all Lenders in respect of the Facility (as the same may have been increased, reduced or canceled as provided in the Loan Documents). The Aggregate Committed Sum on the Third Amendment Effective Date is $900,000,000.

Aggregate Committed Sum means, on any date of determination, the sum of all Committed Sums then in effect for all Lenders in respect of the Facility (as the same may have been increased, reduced or canceled as provided in the Loan Documents). The Aggregate Committed Sum on the Fifth Amendment Effective Date is $664,444,444.46.

Aggregate Committed Sum means, on any day, the lesser of (a) Fifty Million Dollars ($50,000,000) and (b) the aggregate of the Lenders' individual Committed Sums for that day as stated in the definition of "Committed Sum".

Aggregate Committed Sum means, on any date of determination, the sum of all Committed Sums then in effect for all Lenders (as the same may have been reduced or canceled as provided in the Loan Documents), not to exceed $700,000,000.

Aggregate Committed Sum means, on any date of determination, the sum of all Committed Sums then in effect for all Lenders in respect of the Facility (as the same may have been increased, reduced or canceled as provided in the Loan Documents). The Aggregate Committed Sum on the Eighth Ninth Amendment Effective Date is $500,000,000.00400,000,000. “Agreement” means this Third Amended and Restated Credit Agreement, as renewed, extended, amended or restated from time to time. “Amended and Restated Credit Agreement” has the meaning set forth in the recitals hereof.

Aggregate Committed Sum and "Committed Sum" set forth in Section 1.2 are hereby amended each in its entirety to henceforth read as follows:

Aggregate Committed Sum means, on any date of determination, the sum of all Committed Sums then in effect for all Lenders in respect of the Facility (as the same may