Initial Commitments definition

Initial Commitments means the initial amounts of Commitments so identified in the Commitment Schedule.

Initial Commitments means, as to any Initial Lender, the obligation of such Initial Lender, if any, to make an Initial Loan to the Borrower hereunder (to be deposited in the Escrow Account pending consummation of the Acquisition on the Acquisition Effective Date) in a principal amount not to exceed the amount set forth under the heading “Initial Commitment” opposite such Initial Lender’s name on Schedule 1.01(a) or, as the case may be, in the Assignment and Assumption pursuant to which such Initial Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The aggregate principal amount of the Initial Commitments on the Closing Date is $2,500,000,000.

Initial Commitments means the Commitments existing as of the Closing ------------------- Date which in the aggregate shall be equal to the Maximum Facility Amount as of the Closing Date.

Examples of Initial Commitments in a sentence

• All expenses incurred by you in connection with an Offering and with this Agreement are to be charged to the Underwriters' accounts in proportion to their respective Initial Commitments except that any transfer taxes on sales made by you to dealers are to be charged to the Underwriter for whose account such sales were made.

• Sales of Securities to customers for the account of Underwriters will be as nearly as practicable in proportion to their respective Initial Commitments, and sales of Securities to dealers for the account of Underwriters will be as nearly as practicable in proportion to each Underwriter's pro rata share of Securities reserved for such sales.

• The Initial Commitments shall automatically and permanently terminate on the Closing Date upon the funding of the Loans under the Initial Facility.

• With regard to techniques to be used in the drafting of offers and schedules of commitments on basic telecommunications, the draft model schedule entails few, if any, departures from the techniques recommended in Scheduling of Initial Commitments in Trade in Services: Explanatory Note (MTN.GNS/W/164, 3 September 1993 and Add.1, 30 November 1993).

• The exercise was based on the two documents which were produced and circulated during the Uruguay Round negotiations: MTN.GNS/W/164, entitled Scheduling of Initial Commitments in Trade in Services: Explanatory Note of 3 September 1993, and document MTN.GNS/W/164/Add.1, entitled Scheduling of Initial Commitments in Trade in Services: Explanatory Note, Addendum of 30 November 1993.

More Definitions of Initial Commitments

Initial Commitments means the Commitments of a Lender at the time it became a party to this Agreement as a Lender.

Initial Commitments means, with respect to each Lender, the commitment (excluding any Step-Up Date Commitment) of such Lender to make Loans and to acquire participations in Letters of Credit hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolving Credit Exposure hereunder, as such commitment may be (a) reduced or increased from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Initial Commitment as of the Restatement Effective Date is set forth on Schedule I, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Initial Commitment, as applicable. The initial aggregate amount of the Lenders’ Initial Commitments as of the Restatement Effective Date is $615,000,000.

Initial Commitments has the meaning assigned to such term in Section 2.06(d)(iv)(H).

Initial Commitments means, with respect to each Lender, the commitment (excluding any Step-Up Date Commitment) of such Lender to make Loans and to acquire participations in Letters of Credit hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolving Credit Exposure hereunder, as such commitment may be (a) reduced or increased from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Initial Commitment as of the Closing Date is set forth on Schedule I, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Initial Commitment, as applicable. The initial aggregate amount of the Lenders’ Initial Commitments as of the Closing Date is $75,000,000.

Initial Commitments has the meaning given in Clause 4.1; “Initial Investors” has the meaning given in Clause 4.1; “Initial Investments” has the meaning given in Clause 4.1; “Investment Date” has the meaning given in Clause 4.1; “Investors” has the meaning given in Clause 4.1;

Initial Commitments means as to each Lender, such Lender’s obligation to make the Initial Term Loan on the Closing Date and such Lender’s obligation to make the Delayed Draw Term Loans on the Delayed Draw Funding Date, as the case may be, in an amount up to, but not exceeding the amount set forth for such Lender on Schedule C-1 as such Lender’s “Commitment Amount”. For the avoidance of doubt, as of the Amendment No. 2 Effective Date, the Initial Commitments are equal to $0.

Initial Commitments means the Commitments made available to the Borrower pursuant to Section 2.01 on the Closing Date, as the same may be (a) reduced from time to time pursuant to Section 2.09 or (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.03. The aggregate amount of the Initial Commitments as of the Closing Date is $50,000,000.