Commitment Reduction Notice definition

Commitment Reduction Notice has the meaning given that term in Section 2.13.

Commitment Reduction Notice has the meaning set forth in Section 1.6.

Commitment Reduction Notice shall have the meaning assigned to it in Section 2.02(a) of the Purchase Agreement.

Examples of Commitment Reduction Notice in a sentence

• Promptly after receipt of a Commitment Reduction Notice the Administrative Agent shall notify each Lender of the proposed termination or Revolving Commitment reduction.

More Definitions of Commitment Reduction Notice

Commitment Reduction Notice shall have the meaning assigned to it in Section 2.02(a) of the Funding Agreement.

Commitment Reduction Notice has the meaning given to such term in Section 5.5 [Voluntary Commitment Reductions].

Commitment Reduction Notice has the meaning given to such term in Section 5.5 [Voluntary Commitment Reductions]. Compliance Certificate has the meaning assigned to such term in Section 8.3.3 [Certificate of the Borrower].

Commitment Reduction Notice shall have the meaning assigned to it in Section 2.02(a) of the Credit Agreement.

Commitment Reduction Notice has the meaning set forth in Section 1.05(a) of the Participation Agreement.

Commitment Reduction Notice has the meaning given that term in Section 2.13. “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), and any successor statute. “Compliance Certificate” has the meaning given that term in Section 9.3. “Conforming Changes” means, with respect to the Adjusted Term SOFR Rate, the Adjusted Daily Simple SOFR Rate or any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of “Base Rate,” the definition of “Business Day,” the definition of “Interest Period,” timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation notices, the applicability and length of lookback periods, the applicability of breakage provisions, and other technical, administrative or operational matters) that the Administrative Agent decides, in consultation with the Borrower may be appropriate to reflect the adoption and implementation of the Adjusted Term SOFR Rate, the Adjusted Daily Simple SOFR Rate or such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of the Adjusted Term SOFR Rate, the Adjusted Daily Simple SOFR Rate or the Benchmark Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of this Agreement and the other Loan Documents). “Connection Income Taxes” means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

Commitment Reduction Notice as defined in Section 2.1.8.