Interim Commitment definition

Interim Commitment means, in relation to an Interim Lender, its Interim Term Commitment. Interim Documents means each of this Agreement, the Fee Letter, the Security Documents, any Accession Letter, each Drawdown Request, any Compounding Methodology Supplement and any other document designated as such in writing by the Interim Facility Agent and the Guarantor or the Company.

Interim Commitment shall have the meaning given such term in Section 2.2(a).

Interim Commitment means an Interim Bridge Facility Commitment or an Interim Revolving Commitment.

Examples of Interim Commitment in a sentence

• In this case, the Interim Lender and its Affiliate will be treated as having a single Interim Commitment and a single vote, but, for all other purposes, will be treated as separate Interim Lenders.

• The Administrative Agent will promptly notify the Lenders of any such notice of termination or reduction of the Aggregate Revolver Commitments, the Aggregate WC Interim Commitment or Aggregate WC Commitments, as the case may be.

• Any reduction of the Aggregate Revolver Commitments, the Aggregate WC Interim Commitments or the Aggregate WC Commitments, as applicable, shall be applied to the WC Commitment, WC Interim Commitment or Revolver Commitment of each Lender, as applicable, according to its Applicable Percentage.

• All fees accrued until the effective date of any termination of the Aggregate Revolver Commitments, Aggregate WC Interim Commitment or Aggregate WC Commitments, as the case may be, shall be paid on the effective date of such termination.

• The amount of any such Aggregate Revolver Commitment, Aggregate WC Interim Commitment or Aggregate WC Commitment, as the case may be, reduction shall not be applied to the Alternative Currency Sublimit or the Revolver Letter of Credit Sublimit unless otherwise specified by the Borrowers.

More Definitions of Interim Commitment

Interim Commitment means provision of a written certification to the County (by delivery to the County’s Economic Development Department) confirming (i) the completed installation of planned exterior lighting by Dominion Energy, (ii) the expenditure of at least $200,000 by the Owner for capital improvements and maintenance at the Project, and

Interim Commitment means an Interim Facility B Commitment, Interim CAF Commitment or an Interim Revolving Facility Commitment.

Interim Commitment means with respect to each Purchaser who executes and delivers this Agreement on the date hereof, the “Interim Commitment” of such Purchaser designated on the Purchaser Schedule of such Purchaser. The aggregate Interim Commitments of all Purchasers shall not exceed $50,000,000.

Interim Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make Interim Term Loans hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Interim Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced 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 10.04. The initial amount of each Lender's Interim Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Interim Commitment, as applicable. The initial aggregate amount of the Lenders' Interim Commitments is $200,000,000.

Interim Commitment shall have the meaning set forth in Section 2.1(c).

Interim Commitment with respect to any Fiscal Year, means: (i) in relation to FY14, an Eligible Revenue of not less than [***] of the Annual Commitment for FY14; and (ii) in relation to each of FY15, FY16, FY17, and FY18, an Eligible Revenue of not less than [***] of the Annual Commitment for that respective Fiscal Year.

Interim Commitment with respect to each Lender, the commitment, if any, of such Lender to make an Interim Term Loan hereunder on the Effective Date. The initial aggregate amount of the Lenders' Interim Commitments is $200,000,000.