Aggregate Construction Loan Commitment definition

Aggregate Construction Loan Commitment means one hundred million Dollars ($100,000,000), as the same may be reduced in accordance with Section 2.07 (
Aggregate Construction Loan Commitment means, collectively, the aggregate of the In-Progress Plant 1 Aggregate Construction Loan Commitment, the In-Progress Plant 2 Aggregate Construction Loan Commitment, the Greenfield Plant 1 Aggregate Construction Loan Commitment, the Greenfield Plant 2 Aggregate Construction Loan Commitment, and the Greenfield Plant 3 Aggregate Construction Loan Commitment.
Aggregate Construction Loan Commitment means thirty-four million Dollars ($34,000,000).

Examples of Aggregate Construction Loan Commitment in a sentence

  • On the Construction Loan Closing Date, Borrower will pay to each Construction Lender a fee equal to one percent (1%) of such Construction Lender's Pro Rata Share of the Aggregate Construction Loan Commitment; PROVIDED, that the fee payable to Xxxxxx United Capital, as a Construction Lender, will be reduced by thirty thousand Dollars ($30,000) in recognition of fees previously paid.

  • A construction loan ("CONSTRUCTION LOAN") in an aggregate principal amount up to the Aggregate Construction Loan Commitment.

  • The amount of such commitment fee which shall be payable on the Closing Date shall be 25 basis points on $14,080,000 and, thereafter, such annual commitment fee shall be 25 basis points on the unadvanced amount of the Aggregate Construction Loan Commitment.

  • Each Construction Loan Note will be dated the Construction Loan Closing Date, will be in the principal amount of such Lender's Pro Rata Share of the Aggregate Construction Loan Commitment and will evidence the Construction Loans made by such Construction Lender.

  • Xxxxxx, Xx. Title: Senior Vice President Address: 000 Xxxx Xxxx Xxxx Xxxxxxxx, Xxxxxxxxxxx 00000 Facsimile No.: (000) 000-0000 Pro Rata Share of Aggregate Construction Loan Commitment: 65% CONSTRUCTION LENDER: COMERICA BANK, as a Construction Lender By /S/ XXXXXX X.

  • From the date of the initial Borrowing Notice through and including September 30, 2007, the Borrower shall have in place Interest Rate Protection Agreements with respect to fifty percent (50%) of the Aggregate Construction Loan Commitment.

  • Xxxx Xxx., Xxxxx 000 Xxxxxx, Xxxxxxxxxx 00000 Facsimile No.: (000) 000-0000 Pro Rata Share of Aggregate Construction Loan Commitment: 35% TERM LENDER: XXXXXX UNITED CAPITAL, A DIVISION OF TD BANKNORTH, N.A., as a Term Lender By /S/ XXXXXX X.


More Definitions of Aggregate Construction Loan Commitment

Aggregate Construction Loan Commitment means, collectively, the aggregate of the Albion Aggregate Construction Loan Commitment, the Bloomingburg Aggregate Construction Loan Commitment and the Linden Aggregate Construction Loan Commitment.

Related to Aggregate Construction Loan Commitment

  • Revolving Credit Aggregate Commitment means Twenty Five Million Dollars ($25,000,000), subject to reduction or termination under Section 2.11 or 9.2 hereof.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • 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.

  • 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).

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Aggregate Commitment means the aggregate of the Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Commitment is $500,000,000.

  • 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.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

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

  • Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loans of such Lender; provided, at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Lender’s Term Loan Commitment.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Swing Loan Exposure means, as of any date of determination with respect to any Lender, such Lender’s Pro Rata Share of the Swing Loans on such date.

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

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • 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.

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

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).