Loan C Commitment definition

Loan C Commitment means USD 15,000,000.
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Loan C Commitment means for any Bank, the amount set opposite such Bank's name on the signature pages hereof as its Loan C Commitment, or if such Bank has entered into any Assignment and Acceptance, as set forth for such Bank as its Loan C Commitment in the Register maintained by the Agent pursuant to Section 8.5(c). Notwithstanding the definition of this term, funding under the Loan C Commitment is at the discretion of the Banks in accordance with Section 2.4(a).
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Examples of Loan C Commitment in a sentence

  • Each Advance under the Term Loan C Commitment shall be made pro rata on the basis of the applicable Commitment Ratios of the Lenders having Term Loan C Commitments.

  • Each Term Note C shall represent the obligation of Borrower to pay the amount of the applicable Lender's Term Loan C Commitment, together with interest thereon.

  • Each Lender, severally, agrees to lend to Borrower, on the Amendment No. 3 Closing Date, its Pro Rata Share of the Term Loan C Commitment which is in the aggregate amount of $15,000,000.

  • In addition, there has been some reluctance from key partner agencies to participate in the development of a Falkirk CHR.

  • Subject to the terms and conditions of this Agreement, on the Second Amendment Effective Date, the Lender shall fund the Term Loan C in the amount of the Term Loan C Commitment, the proceeds of which shall be used to repay, in part, outstanding Overadvances on such date.

  • Subject to and in reliance upon the terms, conditions, representations, and warranties in the Loan Documents, each Term Loan C Lender severally, but not jointly, agrees to lend to Borrower in a single Borrowing on the Closing Date such Lender's Commitment Percentage of the Term Loan C Commitment.

  • Subject to and in reliance upon the terms, conditions, representations, and warranties in the Loan Papers, each Term Loan C Lender severally and not jointly agrees to lend to Borrower in a single Borrowing on the Closing Date an amount up to such Lender's Committed Sum under Term Loan C; PROVIDED THAT (a) the aggregate Borrowings under Term Loan C from all Term Loan C Lenders shall never exceed the Term Loan C Commitment, and (b) Term Loan C Borrowings may not be repaid and reborrowed.

  • An individual Term Loan or the aggregate Term Loans, as the case may be, in the maximum principal amount of the Total Term Loan C Commitment made by the Term Loan C Lenders hereunder.

  • Upon the funding of the Term Loan C hereunder, the Term Loan C Commitment shall be permanently terminated.

  • Subject to the terms and conditions of this Agreement, on the Second Amendment Effective Date, the Lender shall fund the Term Loan C in the amount of the Term Loan C Commitment, the proceeds of which shall be used to repay, in part, outstanding Overadvances on such date, Upon the funding of the Term Loan C hereunder, the Term Loan C Commitment shall be permanently terminated.

Related to Loan C Commitment

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term A Loan Commitment means, for each Lender, the commitment of such Lender to make its portion of the Term A Loan, in the principal amount with respect to each such Lender equal to the amount set forth opposite the name of such Lender under "Term A Loan Commitment" on Schedule 1.01(A).

  • Term B Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term B Loan on the Closing Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term B Loan Commitments of the Lenders aggregate $50,000,000 on the Closing Date.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).