Certificate Commitment definition

Certificate Commitment of any Certificate Holder means the commitment of such Person to make Investments pursuant to Section 1.02(a) of the Participation Agreement up to the aggregate stated amount set forth below the name of such Person on Schedule I to the Participation Agreement under the heading "Certificate Commitment", as the same may be adjusted from time to time pursuant to any Assignment(s) and Acceptance(s) executed by such Certificate Holder, which commitment shall expire on the Commitment Termination Date; provided, however, that in no event shall any Certificate Holder be obligated to make an Investment pursuant to Article I of the Participation Agreement if after giving effect thereto, the sum of the stated amounts of such Certificate Holder's Certificates would exceed the amount set forth below the name of such Person on Schedule I to the Participation Agreement under the heading "Certificate Commitment".
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Certificate Commitment means the Commitment of each Certificate Holder to make available Certificate Amounts in an aggregate principal amount not to exceed the amount set forth on Schedule I of the Participation Agreement.
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Certificate Commitment of any Purchaser means the commitment of such Person, if any, to make an Investment pursuant to the Certificates up to the aggregate stated amount set forth below the name of such Person on Schedule I to the Participation Agreement under the heading "Total Certificate Commitment," as the same may be adjusted from time to time pursuant to any Assignment(s) and Acceptance(s) executed by such Purchaser or reduced pursuant to the terms of the Participation Agreement.
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Examples of Certificate Commitment in a sentence

  • No Certificate Holder shall have any obligation to make any Investment for any amount in excess of the lesser of (A) its aggregate Certificate Commitment and (B) its Percentage of the aggregate amount of Acquisition Costs (exclusive of Certificate Yield), less the aggregate amount of all prior Investments made by such Certificate Holder.

  • From and after the Financing Closing Date, to and including the Interim Note Maturity Date, the Company shall pay to the Agent for the account of each Purchaser, on the last day of each March, June, September and December in each year and on the Interim Note Maturity Date, a facility fee at the applicable rate per annum set forth on the pricing grid attached hereto as Schedule II on the unused portion of its respective Note Commitment or Certificate Commitment, as the case may be ("Facility Fee").

  • The obligation of each Certificate Holder to make Investments will automatically terminate and any remaining unused Certificate Commitment will be canceled on the Commitment Termination Date.

  • Notwithstanding anything to the contrary contained in this Agreement, Advances and Investments shall be limited in the aggregate to the Actual Project Costs, up to each Note Purchaser's Note Commitment plus each Certificate Purchaser's Certificate Commitment.

  • The Company shall have delivered or caused to be delivered to the Agent and the Purchasers sufficient advance notice before the anticipated Financing Closing Date, which notice shall request that each Purchaser make all necessary arrangements to fund the Series 1 Note Commitment and the Investment in respect of the Series 1 Certificate Commitment.

  • The Notes and Certificates will be issued to each Lender and each Certificate Holder in a principal amount equal to such Lender's Loan Commitment (as specified in the column entitled "Commitment" on Schedule II) and such Certificate Holder's Certificate Commitment (as specified in the column entitled "Commitment" on Schedule I).

  • After making its Equity Investment on the Funding Date, each Certificate Holder's Certificate Commitment shall automatically and permanently expire.

  • No Certificate Holder shall have any obligation to make any Equity Investment for any amount in excess of its aggregate Certificate Commitment.

  • Following the transfers described at SECTION 2.1, the Initial Lender and Initial Certificate Holder shall exchange their Original Note and Original Certificate for a new Note and Certificate in the amount of their revised Loan Commitment and Certificate Commitment, respectively.

  • The amounts made available by each Certificate Holder shall be evidenced by a separate Certificate issued by Lessor to each Certificate Holder in the amount of its Certificate Commitment.


More Definitions of Certificate Commitment

Certificate Commitment means the Commitment of each Certificate Holder to make available Certificate Amounts on a Delivery Date in an aggregate principal amount outstanding not to exceed the amount with respect to such Certificate Holder set forth on Schedule I of the Participation Agreement applicable to it.
Sample 1
Certificate Commitment means, as to any Certificate Purchaser, the obligation of such Certificate Purchaser to fund Certificate Purchaser Amounts to the Lessor under Section 3.2 of the Participation Agreement in an aggregate amount not to exceed the amount set forth opposite such Certificate Purchaser's name on Schedule I to the Participation Agreement
Sample 1
Certificate Commitment of any Certificate Holder means the commitment of such Person to make Equity Investments pursuant to Section 1.02 of the Participation Agreement up to the aggregate stated amount set forth below the name of such Person on Schedule I to the Participation Agreement next to the heading "Certificate Commitment", which commitment shall expire on, and after giving effect to the transactions to occur on, the Funding Date.
Sample 1

Related to Certificate Commitment

  • Aggregate Commitment means the aggregate of the Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Commitment is $500,000,000.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • Revolving Credit Aggregate Commitment means Eighty Million Dollars ($80,000,000.00), subject to increases pursuant to Section 2.12 hereof up to the Revolving Credit Optional Increase Amount, and subject to reduction or termination under Section 2.11 or 9.2 hereof.

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

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • 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.

  • 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).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

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

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

  • 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.

  • Aggregate Revolving Commitment means the aggregate amount of the Revolving Commitments of all of the 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 $150,000,000.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Aggregate Commitments means the Commitments of all the Lenders.

  • Aggregate Revolving Credit Commitment means the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at any given time. The Aggregate Revolving Credit Commitment on the Closing Date is $1,250,000,000.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 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).

  • Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure at such time.

  • Revolving Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Revolving Commitment, if any, is set forth on Appendix A-3 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Revolving Commitments as of the Closing Date is $60,000,000.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Letter of Credit Commitment means, with respect to any Issuing Bank at any time, the amount set forth opposite such Issuing Bank’s name on Schedule I hereto under the caption “Letter of Credit Commitment” or, if such Issuing Bank has entered into one or more Assignment and Acceptances, set forth for such Issuing Bank in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Issuing Bank’s “Letter of Credit Commitment”, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • 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.

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

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders, as adjusted from time to time in accordance with the terms hereof. The initial amount of the Aggregate Revolving Commitments in effect on the Closing Date is SEVEN HUNDRED MILLION DOLLARS ($700,000,000.00).