Contingent Commitment definition

Contingent Commitment means a commitment to
Sample 1Sample 2Sample 3
Contingent Commitment means the unobligated amounts of future available budget authority specified in law that FRA commits to obligate under the terms of this Agreement.
Sample 1Sample 2Sample 3
Contingent Commitment means for each Part C Bank the amount set forth opposite such Part C Bank's name in Part C of Schedule I hereto directly below the column entitled "Contingent Commitment", as the same may be (i) reduced from time to time pursuant to Section 3.02 and/or 3.03 and (ii) adjusted from time to time as a result of assignments to or from such Part C Bank pursuant to Section 3.04 or 12.
Sample 1

Examples of Contingent Commitment in a sentence

  • The Contingent Commitment of each Part C Bank shall be permanently reduced on each date a Loan is made by such Bank pursuant to Section 2.01(b) by the amount of such Loan.

  • The Borrower hereby covenants that it shall maintain a register on which it will record the Commitment and Contingent Commitment from time to time of each of the Banks, the Loans made by each of the Banks and each repayment in respect of the principal amount of the Loans of each Bank.

  • Contingent Commitment of $50 million to the Peninsula Corridor Electrification Project for potential cost overruns or revenue shortfalls.

  • The Commitment of any Bank which does not so agree, the Contingent Commitment, if any, of each Part C Bank with respect thereto and the Contingent Commitment of such Bank if such Bank is a Part C Bank, shall terminate upon the Expiry Date then in effect.

  • Subject to the satisfaction of the conditions to Closing set forth in Sections 5.1 and 5.2 and, in the case of the Contingent Commitment, the INVESTOR's discretion, INVESTOR shall deliver the Investment to PARKERVISION as set forth in Annex C.

  • Notes in the amount of the initial Commitment and initial Contingent Commitment of each Bank shall be delivered to each such Bank in connection with the execution and delivery of this Agreement.

  • In addition, the Contingent Commitment of each Part C Bank shall be permanently reduced on each date a Loan is made pursuant to Section 2.01(a) by any Bank that is not a Part C Bank by an amount equal to 30% of such Loan.

  • Notwithstanding anything herein to the contrary, the Borrower shall have the right to unilaterally terminate the Commitment or Commitments and/or Contingent Commitment or Contingent Commitments of any Bank demanding additional amounts under this Section 2.07 sixty (60) days after providing to such Bank a notice of termination.

  • Applicant must submit a Commitment or Contingent Commitment subject to approval of funding in the project.

  • No Bank shall be obligated to increase its Commitment or Commitments and/or Contingent Commitment or Contingent Commitments pursuant to this Section 3.05 and any such increase shall be in the sole discretion of each Bank.


More Definitions of Contingent Commitment

Contingent Commitment. ’ means a commit- ment to obligate an amount from future avail- able budget authority that is—
Sample 1Sample 2Sample 3
Contingent Commitment means a Municipal Tranche Contingent Commitment or a Structured Tranche Contingent Commitment.
Sample 1
Contingent Commitment means a commitment to obligate an amount from future available budget authority that is—
Sample 1
Contingent Commitment shall have the meaning specified in Section 2.01(f).
Sample 1
Contingent Commitment has the meaning set forth in Preamble A. [*]
Sample 1
Contingent Commitment. The commitment of each Lender hereunder to make Advances to the Borrower under this Agreement (which amounts are set forth on Exhibit B attached hereto) in an aggregate principal amount of up to $822,000, which amount shall be included in the Commitment if the conditions precedent to the Contingent Commitment in Section 2.11 are satisfied.
Sample 1

Related to Contingent Commitment

  • Incremental Commitment shall have the meaning set forth in Section 2.23.

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

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

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • LOC Commitment means the commitment of the Issuing Lender to issue Letters of Credit and with respect to each Lender, the commitment of such Lender to purchase participation interests in the Letters of Credit up to such Lender's LOC Committed Amount as specified in Schedule 2.1(a), as such amount may be reduced from time to time in accordance with the provisions hereof.

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

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

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

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Commitment Expiry Date means the earliest to occur of (i) the date on which all amounts due and owing to the CP Conduit Purchasers and the Committed Purchasers under the Receivables Transfer Agreement and the other Transaction Documents have been paid in full, (ii) the date on which the Aggregate Commitment has been reduced to zero pursuant to the Receivables Transfer Agreement, (iii) The Termination Date, and (iv) December 31, 2007.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

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

  • Extended Commitment as defined in Section 2.26(a).

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

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Group Commitment means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such Purchaser Group.

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

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