Initial Commitment definition

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.

Initial Commitment means, in relation to an Initial Senior Noteholder, the amount set out in the relevant Senior Noteholder Fee Letter.

Initial Commitment means with respect to each Lender, the commitment of such Lender to make a Loan on the Closing Date in the amount of such Xxxxxx’s Initial Commitment set forth on Schedule 2.01, as such commitment shall be terminated pursuant to Section 2.06.

Examples of Initial Commitment in a sentence

• Subject to the terms and conditions set forth herein, each Lender with an Initial Commitment severally agrees to make a single loan to the Borrower on the Closing Date in an amount not to exceed such Xxxxxx’s Initial Commitment (the “Initial Term Loans”).

• In consideration for the Investor’s execution and delivery of this Agreement, the Company shall issue the Initial Commitment Shares to the Investor or its designee not later than 4:00 p.m. (New York City time) on the Trading Day immediately following the date hereof and prior to the delivery of the initial Fixed Purchase Notice.

• Subject to the terms and conditions set forth herein, each Lender with an Initial Commitment severally agrees to make a single loan denominated in Dollars (the “Initial Loans”) to the Borrower on the Closing Date in an amount not to exceed such Lender’s Initial Commitment.

More Definitions of Initial Commitment

Initial Commitment. With respect to any Series, the aggregate initial commitment, expressed as a dollar amount, to purchase up to a specified principal balance of all Classes of such Series, which commitments shall be set forth in the related Supplement.

Initial Commitment means with respect to any Lender, such Lender’s Initial US Commitment and/or Initial Canadian Commitment.

Initial Commitment has the meaning ascribed thereto in subsection 7.1.

Initial Commitment has the meaning assigned such term in Section 2.01. -------------------

Initial Commitment has the meaning set forth in the definition of the term “Commitment”.

Initial Commitment means, for any Initial Lender, the obligation of such Initial Lender to make an Initial Loan hereunder, up to the principal amount shown on Schedule 1.01(a). The aggregate amount of the Initial Lenders’ Initial Commitments as of the Closing Date is $150,000,000.

Initial Commitment has the meaning specified in Section 2.01.