Equipment Loan Commitment Amount definition

Equipment Loan Commitment Amount means, as to any Lender, the equipment loan commitment amount (if any) set forth below such Lender’s name on the signature page hereof (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the equipment loan commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement), as the same may be adjusted upon any assignment by or to such Lender pursuant to Section 16.3(c) or (d) hereof.
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Equipment Loan Commitment Amount means $579,582.00, inclusive of capitalized interest, if any, on the Equipment Loans."
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Equipment Loan Commitment Amount means, as of any applicable date of determination, Six Million Dollars ($6,000,000), reduced by the original principal amount of Equipment Term Loans made under this Agreement.
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Examples of Equipment Loan Commitment Amount in a sentence

  • Thereafter, the amount that is 40% of the amount that is the difference of the Total Revolving Loan Commitment minus the then applicable Total Equipment Loan Commitment Amount $49,600,000 Total $60,000,000 on the Closing Date (as such amount shall be reduced in accordance with Section 2(b) of Schedule A) (the “Total Equipment Loan Commitment Amount”) $40,000,000 on the Closing Date.

  • The Equipment Loan shall be evidenced by the Equipment Note payable to the order of the Bank in an amount equal to the Equipment Loan Commitment Amount.

  • Thereafter, the amount that is 60% of the amount that is the difference of the Total Revolving Loan Commitment minus the then applicable Total Equipment Loan Commitment Amount $50,400,000 GRC SPV Investments, LLC $33,600,000 on the Closing Date (as such amount shall be reduced by 56% of the amount that the Total Equipment Loan Commitment Amount is reduced in accordance with Section 2(b) of Schedule A) (the “GRC Equipment Loan Commitment Amount”) $16,000,000 on the Closing Date.

  • Upon satisfaction of the conditions contained in Sections 3.1, 3.2 and 3.3 hereof, the Bank agrees, subject to the terms and conditions of this Agreement, to make Equipment Loans to the Company, in such amounts as the Company requests pursuant to Section 2.3, from time to time, from and including the Effective Date, to, but excluding the Termination Date, in an amount not to exceed the Equipment Loan Commitment Amount.


More Definitions of Equipment Loan Commitment Amount

Equipment Loan Commitment Amount means $550,000, inclusive of capitalized interest, if any, on the Equipment Loans." AT&T Credit Corporation December 19, 1995
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Equipment Loan Commitment Amount means $550,000, inclusive of capitalized interest, if any, on the Equipment Loans." Each of the Funded Subsidiaries and AT&T also agree that to the extent (i) an amount previously borrowed by a Funded Subsidiary as an Equipment Loan exceeds the stated amount for the respective Equipment Loan Commitment Amount or (ii) an amount borrowed in the future by a Funded Subsidiary as a Capital Loan exceeds the Capital Loan Commitment Amount, but does not in either case cause the aggregate of the then outstanding respective Capital Loans and Equipment Loans for that Funded Subsidiary to exceed the aggregate Commitment Amount set forth above, such excess shall be treated as a Capital Loan. AT&T Credit Corporation December 19, 1995 Greenville, Columbia and AT&T therefore also agree that Section 2.08(f) of the respective Loan Agreement shall be amended so that it shall read in its entirety as follows: "If the aggregate principal balance (inclusive of capitalized interest) of (i) either Borrower's Equipment Loans exceeds such Borrower's Equipment Loan Commitment Amount or (ii) either Borrower's Capital Loans exceeds such Borrower's Capital Loan Commitment Amount, but in either case does not cause the aggregate of the then outstanding respective Capital Loans and Equipment Loans for such Borrower to exceed the amount which is the aggregate of such Borrower's Equipment Loan Commitment Amount and Capital Loan Commitment Amount, such excess shall be treated as a Capital Loan. Otherwise, then in each such case, such Borrower shall immediately repay to Lender, upon notice from Lender, the amount by which the outstanding principal balance of the respective Loan Balance exceeds its respective Commitment Amount, together with all accrued and unpaid interest on such excess principal up to the date of repayment." Fort Worth, El Paso and AT&T therefore also agree that Section 2.08(f) of the respective Loan Agreements shall be amended so that it shall read in its entirety as follows: "If the aggregate principal balance (inclusive of capitalized interest) of (i) the Equipment Loans exceeds the Equipment Loan Commitment Amount or (ii) the Capital Loans exceeds the Capital Loan Commitment Amount, but in either case does not cause the aggregate of the then outstanding Capital Loans and Equipment Loans to exceed the amount which is the aggregate of the Equipment Loan Commitment Amount and Capital Loan Commitment Amount, such excess shall be treated as a Capital Loan. Otherwise, then in e...
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Related to Equipment Loan Commitment Amount

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

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

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • 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.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

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

  • Swing Line Loan Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • 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).

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $50,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • 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.

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • 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.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.