Credit Commitments definition

Credit Commitments means the commitment of a Lender to make Credit Extensions under this Agreement.

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Credit Commitments means the commitments of each of the Banks for the Credit Loan set forth on Schedule 1 hereto under the heading titled "Credit Commitment," as amended from time to time.

Credit Commitments has the meaning assigned in Section 6.6.

Examples of Credit Commitments in a sentence

• During the Revolving Credit Commitment Period the Borrower may use the Revolving Credit Commitments by borrowing, prepaying the Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.

• Such request shall be made in writing (which written request shall be deemed to be a Committed Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, but subject to the unutilized portion of the aggregate Revolving Credit Commitments and the conditions set forth in Section 4.02.

• Upon any reduction of the Revolving Credit Commitments, the Revolving Credit Commitment of each Revolving Credit Lender shall be reduced by such Lender’s Applicable Revolving Credit Percentage of such reduction amount.

• Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the Revolving Credit Commitments then in effect.

• In such event, the Borrower shall be deemed to have requested a Revolving Credit Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the amount of the unutilized portion of the Revolving Credit Commitments and the conditions set forth in Section 4.02 (other than the delivery of a Committed Loan Notice).

• All Commitment Fees accrued until the effective date of any termination of the Revolving Credit Commitments shall be paid on the effective date of such termination.

• The Administrative Agent shall give prompt notice to each Lender of any such termination of the Revolving Credit Commitments.

• No Lender shall be obligated to provide any Incremental Term Loans or Incremental Revolving Credit Commitments, unless it so agrees.

• No Lender shall have any obligation to agree to have any of its Term Loans of any Existing Term Loan Tranche amended into Extended Term Loans or any of its Revolving Credit Commitments amended into Extended Revolving Credit Commitments, as applicable, pursuant to any Extension Request.

• For purposes of determining the available Revolving Credit Commitments of the Lenders at any time, each outstanding Swingline Loan shall be deemed to have utilized the Revolving Credit Commitments of the Lenders (including those Lenders which shall not have made Swingline Loans) pro rata in accordance with such respective Revolving Credit Commitments.

More Definitions of Credit Commitments

Credit Commitments the Revolving Credit Commitment and Letter of Credit Commitment.

Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

Credit Commitments means the aggregate of each Lender’s Credit Commitment. The maximum aggregate Credit Commitments shall not exceed, as of any date, the Maximum Revolving Commitment then in effect.

Credit Commitments means the commitments of each of the Banks for the Credit Loan set forth on Schedule 1 hereto under the heading titled “Credit Commitment,” as amended from time to time.

Credit Commitments means the aggregate principal amount of the Revolving ------------------ Credit Commitments of all the Lenders, the maximum amount of which shall be $175,000,000 as reduced from time to time pursuant to Section 4.1. -----------