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

• Notice of termination must be received by us at least 3 days before the conclusion of your Initial Commitment Period.

• Your Membership Dues, as detailed in your Membership Sign-Up Form, encompass the entirety of your Initial Commitment Period and are payable for each fortnightly billing cycle, even in the event of membership termination within that cycle, unless termination occurs in accordance with paragraph 8.2(b).

• As a Homegrown SportsCentre Facility member, you are obligated to the Initial Commitment Period from the commencement of the first fortnightly billing cycle following your Membership Start Date, as specified in your Membership Application Form ("Initial Commitment Period").

• If Customer’s participation in the VaaS Program is terminated for any reason prior to the end of the Initial Commitment Term or any Subsequent Commitment Term, Customer will pay the pro-rated remainder of the aggregate Equipment MSRP price (prevailing as of the time of delivery), calculated by multiplying the MSRP price of all Equipment purchased under the VaaS Program by the percentage resulting from dividing the number of months remaining in the Commitment Term applicable to such Equipment by sixty (60).

• The calculation of your Initial Commitment Period will also be suspended during this time.

More Definitions of Initial Commitment

Initial Commitment means with respect to any Lender, such Lender’s Initial US Commitment and/or Initial Canadian 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 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 has the meaning specified in the definition of "Commitment" in this Section 1.01.

Initial Commitment means, as to each Lender, its obligation to make Initial Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1.01(b) under the caption “Initial Commitment” or opposite such caption 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. The aggregate Initial Commitments of all of the Lenders on the Closing Date shall be $300,000,000, which shall be funded on the Closing Date.