Domestic Commitment Percentage definition

Domestic Commitment Percentage means the Applicable Percentages of the Domestic Lenders.

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Domestic Commitment Percentage means, with respect to each Lender, that percentage of the Domestic Commitments of all Lenders hereunder to make Credit Extensions to the Domestic Borrowers, in the amount set forth opposite its name on Schedule 1.1 hereto or as may subsequently be set forth in the Register from time to time, as the same may be reduced from time to time pursuant to Section 2.17 hereof.

Domestic Commitment Percentage. With respect to each Domestic Bank, the percentage set forth on Schedule 1 hereto (or in such other document pursuant to which such Domestic Bank becomes a party hereto), as such Schedule may be updated from time to time in accordance with §2.1.5, §2.3(f), §2.4 and §21 hereof, as such Domestic Bank’s percentage of the Total Domestic Commitment.

Examples of Domestic Commitment Percentage in a sentence

Each Lender agrees to fund its Domestic Commitment Percentage or Canadian Commitment Percentage, as applicable, of such unreimbursed payment notwithstanding a failure to satisfy any applicable lending conditions or the provisions of SECTION 2.01 or SECTION 2.06, or the occurrence of the Termination Date.
Immediately upon the making of a Swingline Loan, each Domestic Lender or Canadian Lender, as applicable, shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the applicable Swingline Lender a risk participation in such Swingline Loan in an amount equal to the product of such Lender’s Domestic Commitment Percentage or Canadian Commitment Percentage, as applicable, times the amount of such Swingline Loan.
Until a Bank funds its Domestic Base Rate Loan or risk participation pursuant to this §2.12(e) to refinance such Bank’s Domestic Commitment Percentage of any Domestic Swing Line Loan, interest in respect of such Domestic Swing Line Loan shall be solely for the account of the relevant Domestic Swing Line Lenders.
Immediately upon the making of a Domestic Swing Line Loan, each Domestic Bank shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from each Domestic Swing Line Lender a risk participation in such Domestic Swing Line Loan made by such Domestic Swing Line Lender in an amount equal to the product of such Domestic Bank’s Domestic Commitment Percentage times the amount of such Domestic Swing Line Loan made by such Domestic Swing Line Lender.
Such reduction shall be made by reducing the Domestic Commitments of each such Domestic Bank that is an affiliate of a Canadian Bank by an amount equal to such Domestic Bank’s Domestic Commitment Percentage of the Canadian Excess Amount.

More Definitions of Domestic Commitment Percentage

Domestic Commitment Percentage means the Commitment Percentages (other than the Tranche A-1 Commitment Percentages) of the Domestic Lenders.

Domestic Commitment Percentage means, with respect to each Domestic Lender, that percentage of the Domestic Commitments of all Domestic Lenders hereunder to make Revolving Credit Loans to the Domestic Borrowers and to participate in Letters of Credit and Swingline Loans to the Domestic Borrowers, in the amount set forth opposite its name on Schedule 1.1(b) hereto or as may subsequently be set forth in the Register from time to time, as the same may be increased from time to time pursuant to SECTION 2.02 or reduced from time to time pursuant to SECTION 2.15 and SECTION 2.17.

Domestic Commitment Percentage with respect to each Domestic Bank, the percentage set forth on Schedule 1.1 hereto, as such Schedule may be updated from time to time, as such Domestic Bank's percentage of the Total Domestic Commitment. "Domestic Eurodollar Rate" - for any Interest Period with respect to a Domestic Eurodollar Rate Loan, the rate of interest equal to (a) the rate per annum at which the Administrative Agent's Eurodollar Lending Office is offered Dollar deposits two Eurodollar Business Days prior to the beginning of such Interest Period in the interbank eurodollar market where the eurodollar and foreign currency and exchange operations of such Eurodollar Lending Office are customarily conducted, for delivery on the first day of such Interest Period for the number of days comprised therein and in an amount comparable to the amount of the Domestic Eurodollar Rate Loan to which such Interest Period applies, divided by (b) a number equal to 1.00 minus the Eurocurrency Reserve Rate.

Domestic Commitment Percentage means, for any Domestic Lender as of any date, the percentage equivalent of the ratio of (a) such Domestic Lender's Domestic Commitment to (b) the Domestic Commitments.

Domestic Commitment Percentage means, with respect to each Domestic Lender, that percentage of the Domestic Commitments of all Domestic Lenders hereunder to make Credit Extensions to the Domestic Borrowers, in the amount set forth opposite its name on Schedule 1.1 hereto or as may subsequently be set forth in the Register from time to time, as the same may be increased from time to time pursuant to SECTION 2.02 or reduced from time to time pursuant to SECTION 2.15 and SECTION 2.17; provided that, unless the Domestic Commitments of all Lenders shall have then expired or been terminated, after the Domestic Commitments of the Non-Extending Lenders shall have expired or been terminated and all Obligations owed to the Non-Extending Lenders shall have been paid in full, the Domestic Commitment Percentages of the Extending Lenders shall be appropriately adjusted to reflect the termination of the Domestic Commitments of the Non-Extending Lenders.

Domestic Commitment Percentage. With respect to each Domestic Lender, the percentage set forth on Schedule 1 hereto as such Domestic Lender's percentage of the aggregate Domestic Commitments of all of the Domestic Lenders. Domestic Lenders. BankBoston, Summit and the other lending institutions listed on the signature pages hereto, and any other Person who becomes an assignee of any rights and obligations of a Domestic Lender pursuant to section 20. Drawdown Date. The date on which any Revolving Credit Loan or any UK Loan is made or is to be made, and the date on which any Loan or is converted or continued in accordance with section 2.7 and section 4, as the case may be, or all or any portion of any of the Term Loans is converted or continued in accordance with section 4.5(2).

Domestic Commitment Percentage. With respect to each Domestic Bank, the percentage initially set forth next to such Domestic Bank's name on Schedule 1 hereto, as the same may be adjusted in accordance with Section 2.3 and Section 20.