Examples of Ancillary Commitment in a sentence
The total Ancillary Commitments shall not at any time exceed the Ancillary Commitment Limit.
Each Ancillary Loan shall be made as part of a Borrowing consisting of Loans of the same Type made by the applicable Ancillary Lenders with an Ancillary Commitment for such Ancillary Loan ratably in accordance with such Ancillary Commitments on the date such Ancillary Loans and otherwise in accordance with the applicable Ancillary Facility Document.
Notwithstanding any other term of this Agreement, each Lender shall ensure that at all times its Revolving Commitment is not less than the aggregate of its Ancillary Commitment (and the Ancillary Commitment of its Affiliates).
The Company may, if it gives the Agent and the relevant Ancillary Lender not less than 5 Business Days’ prior notice, cancel the whole or any part of the Ancillary Commitment under an Ancillary Facility.
If Tenant fails to do so Landlord may, but shall not be required to, procure such insurance and charge the cost thereof to Tenant, which amount shall be payable by Tenant upon demand.