Construction Commitments definition

Construction Commitments means the Base Tranche Commitments and the Expansion Tranche Commitments. The aggregate amount of the Construction Commitments on the Execution Date is $260,000,000, which amount shall not be duplicative of the Term Commitments in such amount, and the aggregate amount of unused Construction Commitments on the Amendment Closing Date is $21,100,000.
Construction Commitments means, with respect to any Lender, the commitment of such Lender, if any, to make Construction Loans in an aggregate principal amount not to exceed the amount, expressed as a Dollar amount, set forth under the heading “Construction Commitment” opposite such Lender’s name on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Construction Commitment, as applicable, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04. The aggregate amount of the Construction Commitments on the date hereof is $100,275,000, which amount shall not be duplicative of the Term Commitments.

Examples of Construction Commitments in a sentence

  • Construction Commitments During the nine-month period ended September 30, 2017, MidAmerican Energy entered into contracts totaling $675 million for the construction of wind-powered generating facilities in 2017 through 2019, with remaining payments totaling $84 million for the fourth quarter of 2017, $340 million in 2018 and $8 million in 2019.

  • Construction Commitments During the three-month period ended March 31, 2017, MidAmerican Energy entered into contracts totaling $138 million for the construction of wind-powered generating facilities in 2017.

  • Construction Commitments During the six-month period ended June 30, 2017, MidAmerican Energy entered into contracts totaling $514 million for the construction of wind-powered generating facilities in 2017 through 2019, including $222 million in 2017, $284 million in 2018 and $8 million in 2019.

  • Construction Commitments The Port has no active construction commitments as of December 31, 2018.

  • Construction Commitments The District has entered into contracts with various construction companies for the 2020 District Improvement capital project.

  • Construction Commitments The County has active construction projects as of December 31, 2016.

  • Construction Commitments: The following construction contracts were outstanding and payable at June 30, 2017: Project by Activity DEQ Consent Order: The City of Bixby is currently under Consent Order 13-051 and an Addendum A from the Oklahoma Department of Environmental Quality that is related to its wastewater treatment facilities.

  • Any Lender offered or approached to provide all or a portion of the New Construction Commitments may elect or decline, in its sole discretion, to provide a New Construction Commitment.

  • Construction Commitments The government has active construction projects as of December 31, 2012.

  • Construction Commitments The government has active construction projects as of December 31, 2011.

Related to Construction Commitments

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

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

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

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

  • Term Facility Commitment means the commitment of a Term Lender to make Term Loans, including Initial Term Loans and/or Other Term Loans.

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.

  • New Revolving Commitments has the meaning assigned to such term in Section 2.04.

  • 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 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 $500,000,000.

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.

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

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $500,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • New Commitments has the meaning set forth in Section 2.18(a).

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The amount of the Aggregate Revolving Commitments in effect on the Closing Date is SIX HUNDRED MILLION DOLLARS ($600,000,000).

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.