Committed Equity Amount definition

Committed Equity Amount means $720 million, inclusive of the Equity Investor Purchase Amount, the Delta Purchase Amount and the Mexican Investor Purchase Amount.
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Committed Equity Amount shall have the meaning set forth in Section 5.1(c).
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Committed Equity Amount means $1.1875 billion.
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Examples of Committed Equity Amount in a sentence

  • Prior to such date, Bally’s will have the right to terminate in whole or reduce in part the Committed Equity Amount upon written notice to GLPI.

  • In the event (and only to the extent) that Bally’s does not request the funding of the entire Committed Equity Amount, the amount to be funded under this agreement may be reduced by Bally’s to an amount that Bally’s determines it requires to pay Deal Costs.

  • Additional weekly fees of 0.025% of the Committed Equity Amount in respect of the period from 1 May 2010 to 7 May 2010 and 0.05% of the Committed Equity Amount in respect of the period from 8 May 2010 until the date of publication of this document are also payable.Subject to certain provisions continuing in full force and effect, the Standby Equity Financing Letter automatically lapsed and terminated upon the Underwriting Agreement being entered into.

  • GLPI will not, under any circumstances, be obligated to invest more than $500 million (the “Committed Equity Amount”); provided, however, that the Committed Equity Amount will be reduced dollar-for-dollar to the extent any equity capital raised by Bally’s prior to the Funding Date exceeds $850 million.

  • GLPI will not, under any circumstances, be obligated to invest more than $500 million (the “Committed Equity Amount”); provided, however, that the Committed Equity Amount will be reduced dollar- for-dollar to the extent any equity capital raised by Bally’s prior to the Funding Date exceeds $850 million.

Related to Committed Equity Amount

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Unfunded Exposure Equity Amount On any date of determination, an amount equal to the sum, for each Loan, of (a) the Unfunded Exposure Amount for such Loan minus (b) the product of (i) the Unfunded Exposure Amount for such Loan, (ii) the Advance Rate for such Loan and (iii) the Assigned Value of such Loan.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Maximum Advance Amount shall be Two Hundred Fifty Thousand Dollars ($250,000) per Advance Notice.

  • Commitment Amount means, as the context may require, the Revolving Loan Commitment Amount, the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Total loan amount means the principal of the loan minus those

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Committed Revolving Line means a credit extension of up to Two Million Dollars ($2,000,000).

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • Maximum Revolving Advance Amount means $25,000,000.

  • Liquidity Amount means, as of any date of determination, the sum of (a) the Aggregate Borrowing Availability as of such date and (b) the Unrestricted Cash Amount as of such date.

  • Available Commitment means a Lender’s Commitment minus:

  • Available Incremental Amount has the meaning set forth in Section 2.14(d)(v).

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Issuance Amount means the aggregate Sales Price of the Shares to be sold by the Agent pursuant to any Issuance Notice.

  • Uncommitted Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.