Commitment Letter definition

Commitment Letter has the meaning set forth in Section 5.8.

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Commitment Letter means the fully executed commitment letter or early rate lock application between Lender and Borrower issued in connection with the Loan, as such document may have been modified, amended or extended.

Commitment Letter means a written commitment from a lender or other provider of funds, representing a commitment to provide financing and stating the amount, interest rate, fees, term of the loan, debt service coverage, security and repayment terms, subject only to reasonable, commercially- acceptable contingencies.

Examples of Commitment Letter in a sentence

For the avoidance of doubt, nothing in this Article IX limits or restricts payment obligations expressly provided in the Risk of Loss Agreement, the A&R Commitment Letter, the Fee Letters or the Allocation and Expense Reimbursement Letter or the Parties other rights and Liabilities under the Main JV Agreements.
Except as specifically set forth in the A&R Commitment Letter, there are no conditions precedent to the obligation of Co-Investors to fund the amounts contemplated under the A&R Commitment Letter.
There are no side letters, agreements, arrangements or understandings to which Parent or any of its Affiliates is a party related to the funding or investing, as applicable, of the Financing that would reasonably be expected to adversely affect the availability of the Financing (or add (or have the effect of adding) additional conditions to funding under the applicable Commitment Letter) other than as expressly set forth in the Commitment Letters.
Neither Parent nor the Merger Subs shall agree to or permit the withdrawal, repudiation, termination or rescission of any Commitment Letter other than in connection with an Alternative Financing (subject to Section 6.18(d)) or an amendment or modification executed pursuant to this Section 6.18(c).
The Debt Commitment Letter is the legal, valid and binding obligation of Parent and, to the Knowledge of Parent, the other parties thereto, is in full force and effect as of the date hereof, and is enforceable against Parent (and, to the Knowledge of Parent, the other parties thereto) in accordance with its terms, subject only to the Bankruptcy and Equity Exception.

More Definitions of Commitment Letter

Commitment Letter has the meaning specified in Section 4.01(b).

Commitment Letter has the meaning set forth in Section 3.11(a).

Commitment Letter. The commitment letter between the Company and the Purchaser which sets forth, among other things, the Purchase Price for certain Mortgage Loans described therein to be sold by the Company and purchased by the Purchaser on the Closing Date set forth therein.

Commitment Letter. That certain letter agreement dated as of October 18, 2006, between the Company and the Purchaser. Company: ▇▇▇▇▇ Fargo Bank, N.A., or its successor in interest or assigns, or any successor to the Company under this Agreement appointed as herein provided.

Commitment Letter as defined in Section 10.20.

Commitment Letter shall have the meaning set forth in Section 6.10(a).

Commitment Letter means that certain commitment letter, dated as of June 14, 2021, by and among Borrower, Bank of America and BofA Securities, Inc., as amended, supplemented or otherwise modified by the joinders thereto entered into among Initial Borrower, Bank of America, BofA Securities, Inc. and the other Commitment Parties.