Bilateral Commitment definition

Bilateral Commitment means, in relation to a Bilateral Bank, the maximum amount from time to time of the Bilateral Facilities made available by such Bilateral Bank to the extent not cancelled.
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Bilateral Commitment with respect to the Bilateral Lender (and, if applicable, the Revolving Lender that has designated its Affiliate as the Bilateral Lender pursuant to Section 3.19), the maximum amount that the Bilateral Lender has agreed to make available from time to time during the Revolving Commitment Period under the Bilateral Facility; provided that at no time shall (a) the sum of (i) such Bilateral Commitment and (ii) the Available Revolving Commitment of the Bilateral Lender (or, if applicable, the Revolving Lender that has designated its Affiliate the Bilateral Lender) exceed (b) the Revolving Commitment of the Bilateral Lender (or, if applicable, such Revolving Lender).
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Bilateral Commitment with respect to the Bilateral Lender, the maximum amount that the Bilateral Lender has agreed to make available from time to time during the Revolving Commitment Period under the Bilateral Facility; provided that at no time shall (a) the sum of (i) such Bilateral Commitment and (ii) the Available Revolving Commitment of the Bilateral Lender exceed (b) the Revolving Commitment of the Bilateral Lender.
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Examples of Bilateral Commitment in a sentence

  • Subject to compliance with the requirements set forth in this Section 3.19, if the UK Borrower and a Revolving Lender agree, such Revolving Lender, in its capacity as the Bilateral Lender, shall be permitted to provide the Bilateral Facility on a bilateral basis to the UK Borrower, provided that the Bilateral Commitment shall not at any time exceed the Bilateral Commitment Limit.

  • On the date on which the Bilateral Facility expires, is terminated or is canceled (the “Bilateral Facility Termination Date”), the Available Revolving Commitment of the Bilateral Lender shall be increased by an amount equal to its Bilateral Commitment, unless the Revolving Commitments shall have been previously terminated.

  • The Bilateral Lender shall report in writing to the Administrative Agent on the first Business Day of each fiscal quarter (i) the Bilateral Facility Exposure for each day during the preceding fiscal quarter for the Bilateral Facility and (ii) the portion (expressed in Dollars) of its Bilateral Commitment that was unused on each day during the preceding fiscal quarter for the Bilateral Facility.

  • No Bilateral Bank is obliged to permit utilisations under any Bilateral Facility if this would render the aggregate Euro Equivalent of utilisations outstanding under that Bilateral Facility to be in excess of its Bilateral Commitment for that Bilateral Facility at any time.

  • Subject to compliance with the requirements set forth in this Section 3.19, if the UK Borrower and a Revolving Lender agree, such Revolving Lender or its designated Affiliate, in its capacity as the Bilateral Lender, shall be permitted to provide the Bilateral Facility on a bilateral basis to the UK Borrower, provided that the Bilateral Commitment shall not at any time exceed the Bilateral Commitment Limit.

Related to Bilateral Commitment

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • U.S. Commitment means, with respect to each U.S. Lender, the commitment, if any, of such U.S. Lender to make U.S. Revolving Loans and to acquire participations in U.S. Letters of Credit, U.S. Overadvances and U.S. Swingline Loans hereunder, expressed as an amount representing the maximum possible aggregate amount of such U.S. Lender’s U.S. Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such U.S. Lender pursuant to Section 9.04. The initial amount of each U.S. Lender’s U.S. Commitment is set forth on the Revolving Commitment Schedule, or in the Assignment and Assumption pursuant to which such U.S. Lender shall have assumed its U.S. Commitment, as applicable. The U.S. Commitment is a sub-facility of the Revolving Commitment and is not in addition to the Revolving Commitment.

  • 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.

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).