Initial Commitment Percentage definition

Initial Commitment Percentage means, with respect to any Commitment Party, such Commitment Party’s pro rata portion of an aggregate principal amount equal to $1,250,000,000 of Rights Offering Notes in the Rights Offering that such Commitment Party is willing to backstop as set forth opposite such Commitment Party’s name under the column titled “Commitment Percentage” on the Schedule 3.”
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Initial Commitment Percentage on any day, and as to any Lender, the quotient of (i) such Lender’s Initial Commitment Amount on such day, divided by (ii) the Total Initial Commitment Amount on such day.
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Initial Commitment Percentage of a Lender shall mean the Initial Commitment Percentage set forth below such Xxxxxx’s name on the signature page hereof as the same may be adjusted upon assignment by or to any Lender pursuant to Section 16.3(c) or (d) hereof.
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Examples of Initial Commitment Percentage in a sentence

  • The percentage that an Underwriter's Initial Commitment bears to the aggregate Initial Commitments of all of the Underwriters is hereinafter referred to as the "Initial Commitment Percentage" of such Underwriter.

  • Such Loans shall be made pro rata in accordance with each Lender’s Initial Commitment Percentage.

  • Except for any such sale designated by a purchaser to be for the account of a particular Underwriter, such reservations and sales for your account shall be made as nearly as practicable in accordance with your Initial Commitment Percentage, unless you agree to a smaller amount at the request of the Representatives.

  • In the event that the Securities include debt obligations maturing serially, your Securities shall include, subject to any adjustments provided for in the Underwriting Agreement or in the Invitation, a principal amount of each series of such debt obligations that equals your Initial Commitment Percentage of the aggregate principal amount of such series.

  • Initial Commitment Percentage Amount 14.0000000000% $25,000,000.00 KEYBANK NATIONAL ASSOCIATION, as a Lender By /s/ Xxxxxx X.

  • Notwithstanding any settlement or settlements hereunder you will remain liable for any transfer taxes on transfers for your account and for your Initial Commitment Percentage of all expenses and liabilities incurred by or for the accounts of the Underwriters, including any expenses and liabilities incurred by or for the accounts of the Underwriters, including any expenses and liabilities referred to in Sections 14 and 15 hereof, which shall be determined as provided in this Section 12.

  • Notwithstanding any settlement or settlements hereunder, you will remain liable for any transfer taxes on transfers for your account and for your Initial Commitment Percentage of all expenses and liabilities incurred by or for the accounts of the Underwriters, including any expenses and liabilities referred to in Sections 14 and 15 hereof, which shall be determined as provided in this Section 12.

  • By: Name: Title: SCHEDULE I LENDERS AND APPLICABLE LENDING OFFICES, COMMITMENTS AND INITIAL COMMITMENT PERCENTAGES Lender and Applicable Lending Office Commitment Initial Commitment Percentage Wachovia Bank, National Association One Wachovia Center 000 Xxxxx Xxxxxxx Xxxxxx Xxxxxxxxx, Xxxxx Xxxxxxxx 00000-0000 Attn: Agency Services Telephone: (000) 000-0000 Facsimile: (000) 000-0000 $35,000,000.00 17.50% Bank of America, N.A. GCIB Credit Services 00 Xxxxxxxxx Xxxx Farmington, CT 06032 Attn: Xxxxxx X.

  • South Jersey Gas Company By: Name: Title: SCHEDULE I LENDERS AND APPLICABLE LENDING OFFICES, COMMITMENTS AND INITIAL COMMITMENT PERCENTAGES Lender and Applicable Lending Office Commitment Initial Commitment Percentage Xxxxx Fargo Bank, National Association 1500 X XX Xxxxxx Boulevard Charlotte, NC 28262 Mail Code: D1109-019 Attn: Syndication Agency Services Telephone: (000) 000-0000 Facsimile: (000) 000-0000 With a copy of notices to: 300 X.

Related to Initial Commitment Percentage

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.

  • 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.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender, the percentage of the total Revolving Facility Commitments represented by such Lender’s Revolving Facility Commitment. If the Revolving Facility Commitments have terminated or expired, the Revolving Facility Percentages shall be determined based upon the Revolving Facility Commitments most recently in effect, giving effect to any assignments pursuant to Section 9.04.

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