Aggregate Elected Commitment Amount definition

Aggregate Elected Commitment Amount at any time shall equal the sum of the Elected Commitments, as the same may be increased, reduced or terminated pursuant to Section 2.06(b) or Section 2.06(c). As of the Effective Date, the Aggregate Elected Commitment Amount is $450,000,000.

Aggregate Elected Commitment Amount means, at any time, an amount equal to the sum of the aggregate Elected Commitments, as the same may be increased, reduced or terminated pursuant to Section 2.16. The Aggregate Elected Commitment Amount as of the Closing Date is $540,000,000.

Aggregate Elected Commitment Amount means, at any time, an amount equal to the sum of the Elected Commitments, as the same may be increased, reduced or terminated pursuant to Section 2.15. As of the Fifth Amendment Effective Date, the Aggregate Elected Commitment Amount is $290,000,000.

Examples of Aggregate Elected Commitment Amount in a sentence

• Each reduction of the Aggregate Elected Commitment Amount shall be made ratably among the Lenders in accordance with each Lender’s Applicable Percentage.

• If at any time the Aggregate Maximum Credit Amounts, the Borrowing Base or the Aggregate Elected Commitment Amount are terminated or reduced to zero, then the Commitments shall terminate on the effective date of such termination or reduction.

• No increase in the Aggregate Elected Commitment Amount shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this Section 2.06(c)(iv).

• Any termination or reduction of the Aggregate Elected Commitment Amount shall be permanent and may not be reinstated, except pursuant to Section 2.06(c)(i).

• No increase in the Aggregate Elected Commitment Amount shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this Section 2.16(d).

More Definitions of Aggregate Elected Commitment Amount

Aggregate Elected Commitment Amount at any time shall equal the sum of the Elected Commitments, as the same may be terminated, reduced or increased from time to time in accordance with the terms hereof. As of the Fourth Amendment Effective Date, the Aggregate Elected Commitment Amount is $725,000,000.

Aggregate Elected Commitment Amount at any time shall equal the sum of the Elected Commitments, as the same may be increased, reduced or terminated pursuant to Section 2.01(b). As of the Third Amendment Effective Date, the Aggregate Elected Commitment Amount is $1,600,000,000.

Aggregate Elected Commitment Amount means the sum of the Elected Commitment Amounts of all of the Lenders. The Aggregate Elected Commitment Amount as of the Seventh Amendment Effective Date is $1,300,000,000.

Aggregate Elected Commitment Amount at any time shall equal the sum of the Elected Commitments, as the same may be terminated, reduced or increased from time to time in accordance with the terms hereof. As of the Effective Date, the Aggregate Elected Commitment Amount is $825,000,000.

Aggregate Elected Commitment Amount means, at any time, an amount equal to the sum of the aggregate Elected Commitments, as the same may be increased, reduced or terminated pursuant to Section 2.16. The Aggregate Elected Commitment Amount as of the Closing Date is $592,010,923.53.

Aggregate Elected Commitment Amount in Section 1.02 of the Credit Agreement is hereby deleted and the following is substituted therefor:

Aggregate Elected Commitment Amount at any time shall equal the sum of the Elected Commitment Amounts, as the same may be modified from time to time pursuant to Section 2.07A.