Committed Loan Amount definition

Committed Loan Amount means Three Hundred Fifty Thousand Dollars ($350,000).
Committed Loan Amount means Ten Million Dollars ($10,000,000).
Committed Loan Amount means with respect to a particular Loan the amount requested by Borrower and approved by Lender pursuant to the provisions of this Agreement and the other Loan Documents.

Examples of Committed Loan Amount in a sentence

  • Any interest, fees and other payments accrued on and after the Effective Date with respect to the Assigned Committed Loan Amount shall be for the account of Assignee.

  • The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, a commitment fee, in Dollars, equal to the Applicable Rate times the daily amount by which the Aggregate Commitments exceed the sum of (i) the Outstanding Committed Loan Amount of Committed Loans plus (ii) the Outstanding Committed Loan Amount of L/C Obligations, calculated on the basis of a 360-day year and the number of actual days elapsed.

  • If CoBank determines, in its sole discretion, that (a) any such information (including without limitation, assumptions, projections, forecasts or costs included in the Contiguous System Information) lacks a reasonable basis, or (b) that the Acquisition Cost is too high, then CoBank may reject such information, in which case CoBank shall not make the requested Acquisition Loan, or CoBank may make adjustments to such information before determining the Contiguous System Committed Loan Amount.

  • When FFCA and Debtor have agreed upon the provisions of such Term Sheet (including, without limitation, the Committed Loan Amount) and executed the Term Sheet, FFCA will order a title insurance commitment and phase I environmental report for the proposed Site and instruct its counsel to begin preparing the applicable Loan Documents.

  • Such Lender’s commitment on the Loan Fund that has not been disbursed and its Disposable Committed Loan Amount shall be automatically cancelled upon such notice by the Agent Bank.

  • Subject to and upon the terms and conditions of this Agreement, Bank agrees, at any time from the date of this Agreement through the Term Availability Date, to make Advances to Borrower in an aggregate principal amount not to exceed the Committed Loan Amount; provided, however, the initial Advance in the amount of approximately Six Million Dollars ($6,000,000) shall be used by Borrower to pay in full an obligation owed to one of Borrower's European distributors (the "Existing Obligation").

  • Subject to and upon the terms and conditions of this Agreement, Bank agrees, at any time from the date of this Agreement through April 29, 1999, to make Advances to Borrower in an aggregate principal amount not to exceed the Committed Loan Amount LESS the outstanding Obligations under the First Term Loan Facility as determined on the Closing Date.

  • Xxxxxx Title: VP Technology Ventures [SIGNATURE PAGE TO FIRST AMENDMENT TO NOTE PURCHASE AGREEMENT] EXHIBIT A SCHEDULE OF PURCHASERS Name and Address Committed Loan Amount Alex & Xxxxxxx Xxxxxx $ 100,000 Xxxx, Xxxxxx Trust Under Deed of Trust Dated January 11, 1997 $ 30,000 Buff Investments L.P. $ 30,000 Xxxx, Xxxxxxxx Xxxxx Trust Under Deed of Trust Dated January 11, 1997 $ 25,000 Buff, Xxx Xxxxxxx $ 65,000 Istock Family Trust as Amended and Restated in 2016 $ 100,000 PM Operating Ltd.

  • Bank shall, at its option, charge such interest, all Bank Expenses, and all Periodic Payments against any of Borrower's deposit accounts or against the Committed Loan Amount, in which case those amounts shall thereafter accrue interest at the rate then applicable hereunder.

  • In consideration of the increase of the Committed Loan Amount to $3,000,000, the Company shall amend the Royalty Agreement (the “Royalty Agreement Amendment”) to increase the perpetual royalty payment payable to CPP to six percent (6%) of the proceeds of the Company’s oil, gas and mineral sales, effective as of August 1, 2011, as described in the Royalty Agreement Amendment.


More Definitions of Committed Loan Amount

Committed Loan Amount means with respect to each Site which:
Committed Loan Amount means Eight Million Dollars ($8,000,000).
Committed Loan Amount means Five Million Dollars ($5,000,000).
Committed Loan Amount means $2,000,000.
Committed Loan Amount means Seven Hundred Fifty Thousand Dollars ($750,000).

Related to Committed Loan Amount

  • Committed Loan has the meaning specified in Section 2.01.

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

  • Committed Loans means loans made pursuant to Section 2.1(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.

  • 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.

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

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

  • Swing Line Loan Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Committed Loan Notice means a notice of (a) a Committed Borrowing, (b) a conversion of Committed Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • 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 Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • 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 Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • 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.

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

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

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

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • 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.