Examples of Facility A Commitment Amount in a sentence
Xxxxxxx, AVP ABN AMRO Bank N.V., acting through its Atlanta Agency Lending Office (all Types of Loans): Initial Facility A Commitment Amount: -------------- ------------------------------------ Xxxxx 0000, Xxx Xxxxxxx Xxxxx $25,000,000 Xxxxxxx, Xxxxxxx 00000 Attention: Xxxxxx X.
The Facility A Commitment shall in any event terminate in full and the Facility A Commitment Amount shall be reduced to zero on the Facility A Commitment Termination Date.
If at any time the outstanding principal balance of Facility A (including the maximum aggregate face amount of all outstanding Letters of Credit, plus Swing Line Outstandings) shall exceed the lesser of (i) the Facility A Commitment Amount, and (ii) the Maximum Borrowing Base (such excess, in either case, being referred to herein as a “Borrowing Base Deficiency”), then the Borrowers shall immediately make a principal payment in the amount of the Borrowing Base Deficiency.
Seller shall transmit or cause the Designated Servicer to transmit to the applicable taxing authorities and insurance companies (including primary mortgage insurers, if applicable) and/or agents, not less than fifteen (15) days prior to the Servicing Transfer Date, notification of the transfer of the servicing to the Designated Servicer and instructions to deliver all notices, tax bills, and insurance statements, as the case may be, to the Designated Servicer from and after the Servicing Transfer Date.
For purposes hereof, the "Commitments" shall mean, individually or collectively as the context may require, the Facility A Commitment Amount and/or the Facility "B" Commitment Amount.