Fund Commitment definition

Fund Commitment means monies contributed to the Fund in the form of Redeemable Convertible Preference Shares (RCPS) which is loan convertible to equity, may be deployed by the Fund for financing, investments and operations in the manner in which the capital of the Fund is deployed.
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Fund Commitment means the sum of (i) the purchase price of the Preferred Shares to be purchased by the Investors pursuant to this Agreement plus (ii) the purchase price of the Common Shares to be purchased by the Investors pursuant to this Agreement plus (iii) the purchase price of the Investor Warrants.
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Fund Commitment means $25,000,000.
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Examples of Fund Commitment in a sentence

  • Cohesion Fund Commitment bv01e 2005-05-27The map shows the regional differentiation for the two relevant expenditure categories at 2-digit level, i.e. for transport infrastructure and environmental infrastructure.

  • Fund Commitment: $79,598.00 Board Action Request: Approval of LED light replacement contract for MedTech Center to Gilligan Electric for $79,598.00 This was recommended for approval by the Committee.

  • This letter, and the obligation of each Sponsor Fund to fund its Sponsor Fund Commitment will terminate automatically and immediately upon the earliest to occur of (a) the Closing, (b) the first anniversary of the date hereof, (c) the valid termination of the Merger Agreement in accordance with its terms, or (d) the Company or any of its affiliates asserting a claim that would make the Limited Guarantee become terminable in accordance with Section 8(b) thereof.

  • Commission Action: The Commission approved the GASB 54 Fund Commitment upon motion by Commissioner Coffin, seconded by Commissioner Alternate Love and unanimously carried (7 in favor, 0 opposed, 0 abstentions).

  • This Letter Agreement and the obligation of the Fund to fund the Commitment will terminate automatically and immediately upon the earliest to occur of (i) the full discharge of the obligations herein in connection with the Closing, (ii) the valid termination of the Purchase Agreement in accordance with its terms or (iii) the valid termination of the Other Fund Commitment.

  • Ms. Hom presented the GASB 54 Fund Commitment which requires governments on an annual basis to identify how fund balance is reported in its financial statements.

  • This Letter Agreement and the Other Fund Commitment constitute the sole agreement, and supersede all prior agreements, understandings and statements, written or oral, between the Fund or any of its affiliates, on the one hand, and the Purchaser or any of its affiliates, on the other, with respect to the subject matter herein.

  • The program will be funded with General Fund Commitment for Economic Development in the amount of $1,000,000 for small business grants.

  • Phase II Funding Commitment Documentation5.11.1. Phase II Fund Commitment Form (Mandatory template for Topic AF211-DCSO1 at Attachment 2; may be used for Topic AF211-DCSO2.)5.11.2. Private Investment Letter (if applicable)5.12.

  • Notwithstanding anything to the contrary contained herein, the Purchaser may request, and the Fund shall, if requested, increase the Commitment by increasing the Cash Amount to the extent that the Closing Adjustment increases the Purchase Price; provided, however, that such request for an increase to the Cash Amount shall be made to the Fund and the Other Fund proportionally based on the Commitment of the Fund and the Other Fund Commitment Amounts.

Related to Fund Commitment

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

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

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

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached 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).

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

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

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

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

  • 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.

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

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Aggregate Revolving Commitment means the aggregate of the Revolving Commitments of all of the Revolving Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $1,000,000,000.

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

  • 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.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

  • 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.

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Backstop Commitment has the meaning set forth in Section 2.2(b).

  • 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.

  • 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.

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Revolving Commitment Fee has the meaning specified in Section 2.09(a).

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

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

  • 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 Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.