Lender Commitment definition

Lender Commitment means, for each Lender, the amount set forth on Schedule 1.01 or on its respective Lender Joinder Agreement or on its respective Assignment and Assumption Agreement, as the same may be reduced from time to time, pursuant to Section 3.06 hereof, or by further assignment by such Lender pursuant to Section 13.14(b) hereof.

Lender Commitment means any obligation of a holder of a Transferred Interest to fund loans or make advances or issue letters of credit to or for the benefit of any Obligor, or any other funding liability, in each case pursuant to any related Transferred Loan Document.

Lender Commitment means, for any Lender, the amount set forth opposite such Lender's name on its signature page of this Agreement, or as may hereafter become a signatory hereto, as adjusted to reflect assignments in accordance with this Agreement.

Examples of Lender Commitment in a sentence

• Each Lender hereunder shall be liable to the Borrowers only for the amount of its respective Lender Commitment.

• The Administrative Agent shall have the right, but not the obligation, in its sole discretion, to acquire at par all of such Xxxxxx’s Lender Commitment, including its Pro Rata Share in the Obligations under this Credit Agreement.

• Each Lender shall be entitled to fund all or any portion of its Lender Commitment in any manner it deems appropriate, consistent with the provisions of Section 2.05, but for the purposes of this Credit Agreement such Lender shall, regardless of such Lender’s actual means of funding, be deemed to have funded its Lender Commitment in accordance with the Interest Option selected from time to time by the Borrowers for such Borrowing period.

• Each Note shall: (a) be in the amount of the applicable Lender’s Lender Commitment; (b) be payable to such Lender at the principal office of the Administrative Agent; (c) bear interest in accordance with Section 2.06 hereof; (d) be in the form of Exhibit B attached hereto (with blanks appropriately completed in conformity herewith); and (e) be made by the Borrowers.

• Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Xxxxxx’s rights and obligations under this Credit Agreement with respect to the Loans or the Lender Commitment assigned.

More Definitions of Lender Commitment

Lender Commitment means, with respect to a Lender, the sum of (a) the greater of (i) such Lender's Canadian Revolver Commitment, and (ii) such Lender's portion of the Canadian Facility Usage, plus (b) the greater of (i) such Lender's US Commitment and (ii) such Lender's US Facility Usage, plus (c) the outstanding principal balance of such Lender's Term Note, plus (d) the outstanding principal balance of such Lender's Term-B Note, in each case as of the time of determination.

Lender Commitment for each Lender means the Dollar amount set forth in Schedule 3 to the Participation Agreement below the term "Lender Commitment."

Lender Commitment has the meaning set forth for such term in the recitals.

Lender Commitment means the Commitment of each Lender in the amount set forth on Schedule I of the Participation Agreement, as such Schedule may be amended, supplemented, amended and restated, reduced or otherwise modified from time to time.

Lender Commitment means the Credit Loan Commitment for each Credit Lender and the Mortgage Loan Commitment for each Mortgage Lender.

Lender Commitment means the commitment of Lender to make Advances pursuant to Section 2.1; provided that (i) each Advance shall reduce the amount of the Lender Commitment by a like amount (to the extent such Advance has not been repaid by Borrower), and (ii) at no time shall the aggregate outstanding principal amount of funded Advances exceed the Initial Lender Commitment.

Lender Commitment means, for any Lender, the amount set forth opposite such Lender's name on its signature page of this Agreement, or as may hereafter become a signatory hereto. Lender Reply Period shall have the meaning ascribed thereto in Section 8.10. Letter of Credit shall have the meaning ascribed thereto in Section 2.8(a). Letter of Credit Collateral Account shall have the meaning ascribed thereto in Section 7.2. Letter of Credit Collateral shall have the meaning ascribed thereto in Section 7.2. Letter of Credit Fee shall have the meaning ascribed thereto in Section 2.6(b). Lien shall mean any mortgage, pledge, charge, encumbrance, security interest, collateral assignment or other lien or restriction of any kind, whether based on common law, constitutional provision, statute or contract, and shall include reservations, exceptions, encroachments, easements, rights of way, covenants, conditions, restrictions, leases and other title exceptions. Limiting Agreements shall mean (a) any agreement, instrument or transaction, including, without limitation, an Obligor's Organizational Documents, which has or may have the effect of prohibiting or limiting any Obligor's ability to pledge assets in the Pool to Agent as security for the Loans, or (b) any provision of an Obligor's Organizational Documents which have or may have the effect of prohibiting or limiting any Obligor's ability to sell, transfer or convey the assets in the Pool.