Facility C Commitment definition

Facility C Commitment means at any time the amount set opposite BMO’s name in Schedule 1.1.74 in respect of Facility C Commitment less any amount by which it has been cancelled, terminated or reduced in accordance with this Agreement, as it may be adjusted pro rata or otherwise further to an assignment or otherwise.

Facility C Commitment means in relation to any Facility C Lender, the amount in Singapore Dollars of any Facility C Commitment assumed by it in accordance with Clause 2.3 (Accordion Feature – Increase in Facility C) or transferred to it under this Agreement, to the extent not cancelled, reduced, extinguished or transferred by it under this Agreement.

Facility C Commitment means the amount set opposite the Lender’s name under the heading of “Commitment” in Section III of Schedule 1 (Lender and Commitments), to the extent not cancelled, reduced or transferred by it pursuant hereto.

Examples of Facility C Commitment in a sentence

• Any cancellation in part shall be applied against the relevant Facility A Commitment, Facility B Commitment or, as the case may be, Facility C Commitment of each Lender pro rata.

• Accrued commitment fee is also payable to the Facility Agent for the relevant Lender(s) on the cancelled amount of its (their) Facility A Commitment, Facility B Commitment or Facility C Commitment, as the case may be, at the time the cancellation takes effect (but only in respect of the period up to the date of cancellation).

• Because the spent sorbent would not need to be calcined in the kiln (releasing CO2 to form CaO), using it as a replacement for limestone in cement would reduce CO2 emissions from calcination, which accounts for more than 50 percent of total CO2 emissions from the cement production process.

• Until such time as the Facility C Commitment and the Facility D Commitment has been terminated, the Facility A Loans have been fully repaid and the Facility C Credit and the Facility D Credit has been fully cancelled, the US Borrower shall be a Guarantor and a Restricted Subsidiary Wholly Owned by the Canadian Borrower.

• A Lender shall not be responsible for the Facility C Commitment of any other Lender.

More Definitions of Facility C Commitment

Facility C Commitment means, in relation to a Lender, the aggregate for the time being of its:

Facility C Commitment means, as to each Bank, the amount set forth opposite such Bank's name on Schedule 2.01 hereof under the caption "Facility C Commitment," as the same may be reduced under Section 2.05 or 2.07 or as a result of one or more assignments under Section 11.08; provided, that the maximum aggregate Facility C Commitment of all Banks shall not exceed $185,000,000 at any time.

Facility C Commitment means, with respect to any Lender, the principal amount set out beside such Lender's name in Schedule V with reference to Facility C, as amended from time to time, and to the extent not cancelled or terminated hereunder.

Facility C Commitment means, for each Lender, the obligation of such Lender to make Facility C Loans to the Company in an aggregate amount at any one time outstanding up to but not exceeding the amount set forth opposite the name of such Lender on the signature pages hereof under the caption "Facility C Commitment" (as the same may be reduced from time to time pursuant to Section 2.03 hereof). The original aggregate principal amount of the Facility C Commitments is $100,000,000.

Facility C Commitment means, in relation to a Lender, its Facility C1 Commitment and/or its Facility C2 Commitment and/or its Facility C2 Swiss Commitment, in each case as the context requires.

Facility C Commitment means, as to each Facility C Lender, the obligation of such Lender, if any, to make Facility C Loans and participate in Swing Line Loans and Letters of Credit issued under the Facility C Commitments in an aggregate principal and/or face amount not to exceed the amount set forth under the heading “Facility C Commitment” opposite such Facility C Lender’s name on Schedule 1 or in the Assignment and Acceptance pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The original amount of the Facility C Commitments is $25,000,000.

Facility C Commitment means, in relation to a Facility C Lender, the amount set opposite its name in column 3 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;