Debt Commitment Funding Amount definition

Debt Commitment Funding Amount means for each Debt Commitment Party, an amount equal to the Aggregate Debt Commitment Amount multiplied by such Debt Commitment Party’s Debt Commitment Percentage; as such product may be increased pursuant to Section 2.3(e); provided, however that the Debt Commitment Funding Amount of the Original Commitment Parties and the Select Commitment Parties shall be reduced by an amount equal to such Person’s Debt Rights Offering Reduction Amount, or as otherwise mutually agreed among the Company, the Original Commitment Parties and the Select Commitment Parties.
Debt Commitment Funding Amount means for each Debt Commitment Party, an amount equal to the Aggregate Debt Commitment Amount multiplied by such Debt Commitment Party’s Debt Commitment Percentage, as such product may be increased pursuant to Section 2.3(e); provided, however, that (a) the Debt Commitment Funding Amount of the Original Commitment Parties and the Select Commitment Parties shall be reduced by an amount equal to such Person’s Debt Rights Offering Reduction Amount and (b) the Debt Commitment Funding Amount of each New Commitment Party shall be increased by an amount equal to the principal amount of Reoffered Debt Rights Offering Securities, if any, that such New Commitment Party commits to purchase under Section 2.1(g).”
Debt Commitment Funding Amount means for each Debt Commitment Party, an amount equal to the Aggregate Debt Commitment Amount multiplied by such Debt Commitment Party’s Debt Commitment Percentage, as such product may be increased pursuant to Section 2.3(e) ; provided , however , that (a) the Debt Commitment Funding Amount of the Original Commitment Parties and the Select Commitment Parties shall be reduced by an amount equal to such Person’s Debt Rights Offering Reduction Amount and (b) the Debt Commitment Funding Amount of each New Commitment Party shall be increased by an amount equal to the principal amount of Reoffered Debt Rights Offering Securities, if any, that such New Commitment Party commits to purchase under Section 2.1(g) .”

Examples of Debt Commitment Funding Amount in a sentence

  • The Incremental Expenses and the Closing Fee shall have been so paid or reimbursed in accordance with this Agreement; it being understood and agreed that the Closing Fee may be payable by deducting such amount from the Debt Commitment Funding Amount.