Equipment Commitment definition

Equipment Commitment means a credit extension of up to $1,000,000.00.
Sample 1Sample 2Sample 3
Equipment Commitment means a credit extension of up to
Sample 1Sample 2
Equipment Commitment means the Bank’s Commitment to make Advances in the aggregate amount of $7,000,000 pursuant to Section 2.01(b).
Sample 1

Examples of Equipment Commitment in a sentence

  • If the Company delivers an executed purchase order for Equipment to TCI pursuant to Section 2(a) and fails to purchase the same in accordance with the terms and conditions specified in the Terms Notice, then TCI may terminate the Equipment Commitment and its obligations under Section 2(b) by giving notice to such effect to the Company within 30 days thereafter.

  • The effectiveness of this Agreement is conditioned upon (a) the execution and delivery hereof by both Bank and Borrower; and (b) receipt by Bank from Borrower of a Facility Fee in the amount of $2,500.00 on account of the June 1999 Equipment Commitment.

  • As far as design recom- mendations are concerned, our findings stress the criticality of the mentioned features in that they do not only improve accessibility, but they also boost a positive perception of Web sites.

  • Form E2: Equipment Commitment Form The list of minimum equipment required is provided in Section 4.

  • Form E3: Equipment Commitment FormThe list of minimum equipment required is provided in Section 4.

  • The Contractor shall engage competent workers to achieve the workmanship stated in the tender documents.(Attach Form G-3 Personnel Commitment FORM) Must Meet Requirement (Y/N); Full Compliance as per (Attach Form G-4 Equipment Commitment Form) MustMeet Requirement (Y/N); The dedicated team assigned by contractor for this project should be free and will not be assigned to other ongoingprojects.

  • Any person, firm, association or corporation, or agent thereof violating any of the sections or provisions of this chapter shall, upon conviction, be punished as provided in section 1-4- 1 of this code.

  • Form C: Joint Venture/Consortium/Association Information Form(Not Applicable) 37Form D: Format of Technical Bid 40Format for CV of Proposed Key Personnel 42FORME: Price Schedule Form 43FORMF: Form of Bid Security 44Section 7: Form for Performance Security 46SIGNATURE AND SEAL OF THE GUARANTOR BANK 46Form G– 1 Projects in Hand/In-Progress and completed 47Form G-2: Work Programme 48Form G-3: Key Personnel Commitment Form 49Form G-4: Equipment Commitment Form 50 SECTION 1 .

  • Form C: Joint Venture/Consortium/Association Information Form(Not Applicable) 33Form D: Format of Technical Bid 34Format for CV of Proposed Key Personnel 36FORME: Price Schedule Form 37FORMF: Form of Bid Security 39Section 7: Form for Performance Security 40SIGNATURE AND SEAL OF THE GUARANTOR BANK 40Form G– 1 Projects in Hand/In-Progress and completed 41Form G-2: Work Programme 42Form G-3: Key Personnel Commitment Form 43Form G-4: Equipment Commitment Form 44SECTION 1 .

  • The Contractor shall engage competent workers to achieve the workmanship stated in the tender documents.(Attach Form G-3 Personnel Commitment FORM) Must Meet Requirement (Y/N); Full Compliance as per (Attach Form G-4 Equipment Commitment Form) Must Meet Requirement (Y/N); SECTION 3: Management Structure and Key Personnel3.1 Describe the overall management approach toward planning and implementing the project.


More Definitions of Equipment Commitment

Equipment Commitment. Equipment Loan", "Equipment
Sample 1
Equipment Commitment for each Lender shall mean the amount set forth opposite such Lender's name on Schedule 1.1 hereof as such Lender's Equipment Commitment.
Sample 1
Equipment Commitment set forth in SECTION 1.1 of the Loan Agreement is hereby amended and restated to read in its entirety as followings: "EQUIPMENT COMMITMENT - as at any date of determination thereof, an amount equal to (a) Thirty Million Dollars ($30,000,000), MINUS (b) the aggregate amount of all monthly reductions that have been scheduled to occur from the date of the Fifth Amendment through the date of determination of the Equipment Commitment, each in an amount of Three Hundred Twelve Thousand Five Hundred Dollars ($312,500), and each to occur on the first day of each calendar month during the term hereof, commencing on May 1, 1998 and continuing for each month thereafter."
Sample 1
Equipment Commitment means the obligation of Lender to make the Equipment Loan to Borrowers pursuant to Section 2.2 hereof in the principal amount of $2,000,000.00.
Sample 1

Related to Equipment Commitment

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

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

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

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

  • Loan Commitment means a statement transmitted in writing or electronically by a mortgage lender setting forth the terms and conditions upon which the mortgage lender is willing to make a particular residential mortgage loan to a particular borrower.

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

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

  • Facility B Commitment means a Facility B1 Commitment or a Facility B2 Commitment.

  • 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.

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

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

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

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

  • Take-out Commitment means a commitment of Seller to either (a) sell one (1) or more identified Mortgage Loans to a Take-out Investor or (b) (i) swap one (1) or more identified Mortgage Loans with a Take-out Investor that is an Agency for an Agency Security, and (ii) sell the related Agency Security to a Take-out Investor, and in each case, the corresponding Take-out Investor’s commitment back to Seller to effectuate any of the foregoing, as applicable.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

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

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

  • Commitment means a Term Commitment or a Revolving Credit Commitment, as the context may require.

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

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

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

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

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

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • 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.