Lender’s Commitment definition

Lender’s Commitment means, with respect to a Lender, the Commitment for such Lender as set forth on Schedule 2.1(a) of the Loan Agreement or in the Assignment and Assumption Agreement pursuant to which such Lender becomes a party to the Loan Agreement.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Lender’s Commitment has the meaning set forth in Section 2.1.

Lender’s Commitment. As defined in Section 2.1.

Examples of Lender’s Commitment in a sentence

Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01.
Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01.
For the purpose of calculating any Lender’s Commitment Fee, the outstanding Swingline Loans during the period for which such Lender’s Commitment Fee is calculated shall be deemed to be zero.
All or any part of such Defaulting Lender’s participation in L/C Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment.
Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01.

More Definitions of Lender’s Commitment

Lender’s Commitment means, at any time with respect to any Lender, the amount in the currency then set forth opposite such Lender's name under the heading "Commitment Amount" in Schedule 1 hereto (as amended from time to time), provided that, each Lender's Commitment shall be in integral multiples of $100,000;

Lender’s Commitment means, at any time, an amount equal to the aggregate sum of the Lender's Commitments at such time, which amount, so long as there is any holder of the Notes other than a Lender hereunder, shall be sufficient to retire the face amount of all Notes at such time, including any Notes issued under this agreement;

Lender’s Commitment means, with respect to any Lender at any time, the amount set forth opposite such Lender's name on Schedule 1.

Lender’s Commitment the amount set forth next to each Lender's name on the signature pages hereto.

Lender’s Commitment means, at any time, the relevant amount designated as such and set forth under such Lender’s name on Schedule 9, in the assignment and assumption agreement executed and delivered pursuant to ARTICLE 18 pursuant to which it shall become a party hereto, or as otherwise increased or decreased pursuant to this Agreement.

Lender’s Commitment means, at any time, the relevant amount designated as such and set forth opposite the Lender's name on the signature pages (as reduced or increased pursuant to Articles 2 and 3).

Lender’s Commitment means, at any time, the relevant amount designated as such and set forth under such ▇▇▇▇▇▇’s name on SCHEDULE 8, in the assignment and assumption agreement executed and delivered pursuant to Article 18 pursuant to which it shall become a party hereto, or as otherwise increased or decreased pursuant to this Agreement. For greater certainty, the BDC Commitment, as defined herein, constitutes a ▇▇▇▇▇▇’s Commitment hereunder.