Capital Expenditure Loan Commitment definition

Capital Expenditure Loan Commitment means, with respect to each Bank, the amount set forth opposite such Bank's name in Schedule I hereto directly below the column entitled "Capital Expenditure Loan Commitment," as the same may be (x) reduced or terminated from time to time pursuant to Section 3.02, 3.03, 4.02 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.12 or 13.04.
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Capital Expenditure Loan Commitment means, with respect to any Lender, the maximum amount of Capital Expenditure Loans which such Lender has agreed to make, subject to the terms and conditions of this Agreement, as set forth on the signature page hereto or any Assignment and Acceptance Agreement executed by such Lender.
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Capital Expenditure Loan Commitment means the aggregate commitment of the Lender to make the Capital Expenditure Loans, which aggregate commitment shall be Six Million Four Hundred Thousand Dollars ($6,400,000) on the Fourth Amendment Effective Date. After advancing the Capital Expenditure Loans, each reference to the Capital Expenditure Loan Commitment shall refer to the outstanding amount of the Capital Expenditure Loans plus any undrawn amounts remaining with respect to the Capital Expenditure Loan facility.
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Examples of Capital Expenditure Loan Commitment in a sentence

  • Upon prior written notice to Agent at any time, Borrowers may, at their option, terminate the Capital Expenditure Loan Commitment and this credit facility.

  • Each Lender agrees, severally on a Pro Rata Capital Expenditure Loan basis up to its Capital Expenditure Loan Commitment, on the terms set forth herein, to make Capital Expenditure Loans to Borrowers from time to time through the Capital Expenditure Commitment Termination Date.

  • Upon prior written notice to Agent at any time, Borrowers may, at their option, terminate the Capital Expenditure Loan Commitment.

  • The Capital Expenditure Loan Commitment Fee is payable in arrears on each Quarterly Date and on the making of the Capital Expenditure Loan.

  • On the Closing Date, Borrower shall deliver to each Capital Expenditure Lender a Capital Expenditure Loan Note in a principal amount equal to the amount of such Lender's Capital Expenditure Loan Commitment, payable to such Lender for the account of its Applicable Lending Office, and dated the Closing Date.

  • Such nonuse fee shall be payable in arrears on the first day of each month (commencing on December 1, 1996) and on the Capital Expenditure Loan Termination Date (or such earlier date on which the Capital Expenditure Loan Commitment shall terminate) for any period then ending for which such fee shall not have been theretofore paid.

  • The Capital Expenditure Loan Notes shall represent the obligation of Borrower to pay the amount of the Capital Expenditure Loan Commitment or, if less, the aggregate unpaid principal amount of the Capital Expenditure Loan made by Lenders to Borrower and all other Obligations with interest thereon as prescribed in Section 1.

  • Subject to the terms and conditions set forth herein, each Capital Expenditure Loan Lender severally agrees to make a term loan (each a “Capital Expenditure Loan” and collectively the “Capital Expenditure Loans”) to the Borrower in an aggregate principal amount not to exceed the Capital Expenditure Loan Commitment of such Capital Expenditure Loan Lender.

  • The draft Bill was released for public consultation between 14 December 2019 and 7 February 2020.

  • The aggregate Capital Expenditure Advances incurred during the term of this Agreement shall not exceed the Capital Expenditure Loan Commitment.


More Definitions of Capital Expenditure Loan Commitment

Capital Expenditure Loan Commitment has the meaning set forth in ----------------------------------- Section 2.3 hereof.
Sample 1
Capital Expenditure Loan Commitment means (a) as to any Lender with a Capital Expenditure Loan Commitment, the aggregate commitment of such Lender to make the Capital Expenditure Advances as set forth on Annex N or in the most recent Lender Addition Agreement executed by such Lender and (b) as to all Lenders with a Capital Expenditure Loan Commitment, the aggregate commitment of all Lenders to make Capital Expenditure Advances, which aggregate commitment shall be the lesser of (i) the Maximum Capital Expenditure Loan and (ii) eighty percent (80%) of the aggregate Hard Costs of all Equipment acquired with proceeds of the Capital Expenditure Loan.
Sample 1
Capital Expenditure Loan Commitment means, with respect to each Capital Expenditure Loan Lender, the commitment of such Capital Expenditure Loan Lender to make Capital Expenditure Loans to the Borrower pursuant to Section 2.2, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Capital Expenditure Loan Lender’s name on Schedule 2.1. under the heading “Commitment” or in the Assignment and Assumption pursuant to which such Capital Expenditure Loan Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.
Sample 1
Capital Expenditure Loan Commitment means the agreement of the Lender relating to the making of the Capital Expenditure Loan and advances thereunder subject to and in accordance with the provisions of this Agreement.
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Capital Expenditure Loan Commitment has the meaning specified in Section 2.02.
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Capital Expenditure Loan Commitment. The obligation of the Lender to make Capital Expenditure Loans to the Borrower up to the Capital Expenditure Loan Amount upon the terms and subject to the conditions and limitations of this Agreement.
Sample 1

Related to Capital Expenditure Loan Commitment

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Loan Commitment means a statement transmitted in writing or electronically by a mortgage lender setting forth the terms and conditions upon which the mortgage lender is willing to make a particular residential mortgage loan to a particular borrower.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • 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).

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A 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.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.