Aggregate Elected Commitment Amounts definition

Aggregate Elected Commitment Amounts 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(c) or Section 10.02(a). As of the Effective Date, the Aggregate Elected Commitment Amounts are $0.00 and, upon the satisfaction of the conditions set forth in Section 6.03 as provided therein, the Aggregate Elected Commitment Amounts shall automatically be increased to $50,000,000.

Aggregate Elected Commitment Amounts at any time means the sum of the Elected Commitments, as the same may be increased, reduced or terminated pursuant to Section 2.06(c). As of the First Amendment Effective Date, the Aggregate Elected Commitment Amounts are $1,200,000,000.00.

Aggregate Elected Commitment Amounts 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(c). As of the Sixth Amendment Effective Date, the Aggregate Elected Commitment Amounts are $480,000,000.

Examples of Aggregate Elected Commitment Amounts in a sentence

• Administrative Agent will promptly notify Revolving Credit Lenders of any such notice of termination or reduction of the Aggregate Elected Commitment Amounts.

• Any reduction of the Aggregate Elected Commitment Amounts shall be applied to the Elected Commitment of each Revolving Credit Lender according to its Applicable Percentage.

• No increase in the Aggregate Elected Commitment Amounts shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this Section 2.07(b)(iv).

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

• Without prejudice to the survival of any other obligation of any Loan Party hereunder, the obligations of the Loan Parties under Sections 12.1 and 12.2 shall survive repayment of the Obligations and termination of the Elected Commitments and Aggregate Elected Commitment Amounts, as applicable.

More Definitions of Aggregate Elected Commitment Amounts

Aggregate Elected Commitment Amounts means, at any time, an amount equal to the sum of the Elected Commitments of the Revolving Credit Lenders, as the same may be increased, reduced or terminated pursuant to Section 2.7(b). The Aggregate Elected Commitment Amounts as of the Fourth Amendment Effective Date are $325,000,000.

Aggregate Elected Commitment Amounts 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(c). As of the Third Amendment Effective Date, the Aggregate Elected Commitment Amounts are $1,600,000,000.

Aggregate Elected Commitment Amounts. “Applicable Margin”, “Borrowing Base” and “Loan Documents” contained in Section 1.02 of the Credit Agreement are hereby amended and restated in their entirety to read in full as follows:

Aggregate Elected Commitment Amounts at any time means the sum of the Elected Commitments, as the same may be increased, reduced or terminated pursuant to Section 2.06. As of the Effective Date, the Aggregate Elected Commitment Amounts are $1,500,000,000.

Aggregate Elected Commitment Amounts means, at any time, and amount equal to the sum of the Elected Commitments, as the same may be (a) increased, reduced, or terminated pursuant to Section2.04 and (b) modified from time to time pursuant to assignments in accordance with Section 9.07(b). As of the Amendment No. 12 Effective Date, the Aggregate Elected Commitment Amounts are$400,000,000.

Aggregate Elected Commitment Amounts at any time shall equal the sum of the Elected Commitments, as the same may be (a) increased, reduced or terminated pursuant to Section 2.1(d), and (b) modified from time to time pursuant to assignments in accordance with Section 10.7

Aggregate Elected Commitment Amounts is hereby added where alphabetically appropriate to read as follow: