Aggregate Term Commitment Amount definition
Examples of Aggregate Term Commitment Amount in a sentence
The total amount of Term Loans made hereunder on the Effective Date shall not exceed the Aggregate Term Commitment Amount.
The Aggregate Term Commitment Amount shall be automatically and permanently reduced dollar-for-dollar by the amount of $3,000,000 on the 20th day of each November, February, May and August commencing November 20, 2020.
In no event shall any such Incremental Commitments cause the sum of the Aggregate Revolving Commitment Amount plus the Aggregate Term Commitment Amount to exceed the Maximum Aggregate Commitment Amount.
The Aggregate Term Commitment Amount shall be automatically and permanently reduced (A) dollar-for-dollar by the amount of each Term Borrowing on the date of such Term Borrowing and (B) to zero on the Term Commitment Termination Date.