Approved Commitment definition

Approved Commitment means each Commitment of the Company or any Predecessor Company listed on Part I of Schedule 5.1(D).
Sample 1Sample 2Sample 3
Approved Commitment has the meaning set forth in Section 4.3.4.
Sample 1

Examples of Approved Commitment in a sentence

  • Pursuant to Section 2.9(c) of the Loan Agreement, the Required Group Agents and the Administrative Agent hereby consent to the Approved Commitment Increase and the accession to the Loan Agreement and the other Financing Documents of one or more New Committed Lenders in an aggregate commitment amount no greater than the Approved Commitment Increase, provided that (i) the Applicable 6 Required Group Agent Action No. 13 [***] Confidential treatment has been requested for the bracketed portions.

  • No Unapproved Commitment (as defined below) is material to the operation of the Business, and each Commitment which is material to the operation of the Business is an Approved Commitment.

  • Each such Approved Commitment which is material to the operation of the Business is listed on Part I of Schedule 5.1(d), will be in full force and effect immediately following the Transfer of the Share at the Closing and represents the valid and binding obligation of the Company and to the knowledge of the Company, the other parties thereto.

  • Subject to Section 7, BNPP PB shall make available cash financing under this Agreement in an amount up to the relevant Approved Commitment Financing, which shall not, for the avoidance of doubt, exceed the Maximum Commitment Financing in the aggregate at any time.

  • If it would be difficult for the Approved Enterprise to implement the Approved Commitment Measures by the deadline for their implementation due to circumstances arising after approval of the Commitment Plan, or there is no longer a need to implement the Approved Commitment Measures due to changes in economic conditions or other reasons, the Approved Enterprise may apply for approval of modifications to the Approved Commitment Plan (hereinafter referred to as the “Application for Approval of Modification”).

  • The portion of the Borrowing Base attributable to all Approved Financing (Non-Eligible Deferred Amortization Notes) other than the Existing Forward Sold Asset, shall not exceed $50,000,000 in the aggregate; provided that the Borrowing Base attributable to any such Approved Financing (Non-Eligible Deferred Amortization Notes) that satisfies the Approved Commitment Conditions shall not count towards such $50,000,000 Borrowing Base limit.

  • Each Approved Commitment is listed on Part I of Schedule 5.1(g), will be in full force and effect immediately following the Transfer of the Purchased Shares of the Company and the employees of SZ at the Closing, and represents the valid and binding obligation of the Company and the applicable the Purchaser or its designee(s).

  • Pursuant to the provisions of Article 14, paragraph (1) or Article 28, paragraph (1) of Rules on Commitment Procedures, an Approved Enterprise intending to modify an Approved Commitment Plan must apply for approval of such modifications using the application Form No.2 or Form No.4 to Rules on Commitment Procedures (hereinafter collectively referred to as the “Modification Approval Application Form”).

  • For the avoidance of doubt, any Declining Committed Lender may participate in the Approved Commitment Increase in accordance with the terms set forth in this clause c, and any Approved Commitment Increase consented to herein shall be deemed a Commitment Increase in accordance with Section 2.9 of the Loan Agreement.

Related to Approved Commitment

  • Group Commitment means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such Purchaser Group.

  • Extended Commitment as defined in Section 2.26(a).

  • Unused Commitment means, with respect to each Lender at any time, (a) such Lender’s Revolving Credit Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Revolving Advances made by such Lender (in its capacity as a Lender) and outstanding at such time and (ii) such Lender’s Ratable Share of the aggregate L/C Obligations and, other than for the purposes of calculation of the commitment fees, such Lender’s Ratable Share of the aggregate Swingline Exposure outstanding at such time.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

  • Unused Commitments means an amount equal to all unadvanced funds (other than unadvanced funds in connection with any construction loan) which any third party is obligated to advance to Borrower or another Person or otherwise pursuant to any loan document, written instrument or otherwise.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Available Unused Commitment means, with respect to a Revolving Facility Lender under any Class of Revolving Facility Commitments at any time, an amount equal to the Dollar Equivalent of the amount by which (a) the applicable Revolving Facility Commitment of such Revolving Facility Lender at such time exceeds (b) the applicable Revolving Facility Credit Exposure of such Revolving Facility Lender at such time.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Unused Revolving Commitment means, for any Lender at any time, the excess of (i) such Lender’s Revolving Commitment at such time over (ii) such Lender’s Revolving Facility Exposure at such time.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Commitment means a Term Commitment or a Revolving Credit Commitment, as the context may require.

  • Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.

  • Extended Commitments has the meaning provided in Section 2.16(a).

  • Unutilized Commitment means, with respect to any Lender at any time, such Lender's Commitment at such time less the aggregate principal amount of all Loans made by such Lender that are outstanding at such time.

  • Aggregate Revolving Commitment means the aggregate of the Revolving Commitments of all of the Revolving Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $1,000,000,000.

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).