CapEx Loan Commitment definition

CapEx Loan Commitment means an amount equal to $10,000,000, it being understood and agreed that in no event shall the aggregate principal amount of all CapEx Loan advances made by the Bank from time to time exceed $10,000,000.
CapEx Loan Commitment means an amount equal to Five Hundred Thousand and No/100 Dollars ($500,000.00) for the Capex Facility.
CapEx Loan Commitment means (a) as to any Lender, the commitment of such Lender to make CAPEX Advances as set forth on the signature page of this Agreement opposite such Lender's signature or in the most recent Lender Addition Agreement, if any, executed by such Lender and (b) as to all Lenders, the aggregate commitment of all Lenders to make CAPEX Advances.

Examples of CapEx Loan Commitment in a sentence

  • The parties hereto acknowledge and agree that, as of the date hereof, (a) the Term Loan has been repaid in full, (b) the CapEx Loan Commitment has terminated, (c) any obligations of the Bank to make CapEx Loans under the Loan Agreement have terminated, and (d) the Lender has no further obligations to make any CapEx Loans after the date hereof.


More Definitions of CapEx Loan Commitment

CapEx Loan Commitment means the sum of $1,000,000.
CapEx Loan Commitment means, with respect to each Lender, its Capex Loan Commitment, and, with respect to all Lenders, their Capex Loan Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.
CapEx Loan Commitment means (a) as to any Lender, the aggregate commitment of such Lender to make CapEx Advances as set forth on Annex I to the Agreement or in the most recent Assignment Agreement executed by such Lender and (b) as to all Lenders, the aggregate commitment of all Lenders to make CapEx Advances, which aggregate commitment shall be Eight Million ($8,000,000) on the Closing Date, as such amount may be adjusted, if at all, from time to time in accordance with the Agreement.
CapEx Loan Commitment means the commitment of each CapEx Lender to make a CapEx Loan pursuant to Section 2.1(c), which commitment shall be the amount set forth opposite such CapEx Lender’s name on Schedule A. “CapEx Loan Commitments” means the aggregate CapEx Loan Commitment of the CapEx Lenders. “CapEx Loan Commitment Expiration Date” means January 31, 2027. “CapEx Loan Conversion Date” shall mean, each of and collectively, the 2025 CapEx Loan Conversion Date, the 2026 CapEx Loan Conversion Date, and the 2027 CapEx Loan Conversion Date. “CapEx Loan” and “CapEx Loans” individually and collectively, as applicable, has the meaning specified in Section 2.1(c). “CapEx Loan Maturity Date” means the earlier to occur of (a) July 22, 2027 or (b) such other date on which the CapEx Loan Commitments are terminated pursuant to this Agreement. “CapEx Note” means a promissory note executed by the Borrower in favor of any CapEx Lender in the form of Exhibit C-4 evidencing the CapEx Loans of such CapEx Lender. “Capital Distribution” means a payment made, liability incurred or other consideration given by a Company to any Person that is not a Company, (a) for the purchase, acquisition, redemption, repurchase, payment or retirement of any Equity Interest of such Company, or (b) as a dividend, return of capital or other distribution (other than any stock dividend, stock split or other equity distribution payable only in capital stock or other equity of such Company) in respect of such Company’s Equity Interest. “Capitalized Lease Obligations” means obligations of the Companies for the payment of rent for any real or personal property under leases or agreements to lease that, in accordance with GAAP, have been or should be capitalized on the books of the lessee and, for purposes hereof, the amount of any such obligation shall be the capitalized amount thereof determined in accordance with GAAP. “Cash Collateralize” means to pledge and deposit with or deliver to the Administrative Agent, for the benefit of one or more of the Issuing Banks or Lenders, as collateral for Letter of Credit Exposure or
CapEx Loan Commitment. Commitment Termination Date", "Loan Documents", "Revolving Loan", "Revolving Loan Commitment", and "Termination Date" in their entireties with the following:
CapEx Loan Commitment means (a) as to any Lender, the aggregate commitment of such Lender to make CapEx Advances as set forth on Annex I to this Agreement or in the most recent Assignment Agreement executed by such Lender, as such amount may be adjusted, if at all, from time to time in accordance with this Agreement, and (b) as to all Lenders, the aggregate commitment of all Lenders to make CapEx Advances, which aggregate commitment shall be Twenty-Five Million ($25,000,000) on the Fourth Amendment Effective Date, as such amount may be adjusted, if at all, from time to time in accordance with this Agreement.
CapEx Loan Commitment. Capex Note", "First Amendment Closing Date", "First Amendment Term Loan", "Grafalloy", and the definitions thereof, as hereinafter provided and (ii) deleting the definitions of the following terms in their entireties and substituting the definitions set forth below in lieu thereof: "Loan" or "Loans", "Note", "Term Note", and "Total Credit Facility":