Loan Commitments definition

Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Loan Commitment is set forth on Appendix A, as may be amended in respect of the Lenders pursuant to Section 2.1(b).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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

Loan Commitments means the collective reference to each commitment or obligation to extend credit to any Person (including pursuant to a letter of credit or bankers’ acceptance) or to participate therein, whether or not such commitment, obligation or participation has been accepted or utilized by such Person.

Examples of Loan Commitments in a sentence

The Borrowers may designate any Incremental Arranger of any New Loan Commitments with such titles under the New Loan Commitments as the Borrowers may deem appropriate.
The Register is intended to cause each Term Loan and Term Loan Commitments hereunder to be in registered form within the meaning of Section 5f.103-1(c) of the United States Treasury Regulations or any successor provision.
If any Default described in Section 7.6 or 7.7 occurs with respect to the Borrower, the Term Loan Commitments of each Lender hereunder shall automatically terminate and the Obligations shall immediately become due and payable, in each case without further act of the Agent or any Lender and without any election or action on the part of the Agent or any Lender.
The Term Loan Commitments are not revolving credit commitments, and the Borrower shall not have the right to borrow, repay and reborrow under Section 3.1.
No proceeds of any Borrowings or drawings under any Letter of Credit will be used to purchase or carry any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock; provided that this sentence shall not be included in any representation or warranty in connection with the establishment of any New Loan Commitments or the incurrence of New Term Loans unless otherwise agreed by the Borrowers and the applicable lenders under any such facility.

More Definitions of Loan Commitments

Loan Commitments means one or more of the Revolver Loan Commitment and the Incremental Term Loan Commitments, if and when applicable, as any such commitment is reduced from time to time as provided in this Agreement, and, in the case of any Incremental Term Loan Commitment, as provided in the amendment or supplement to this Agreement establishing such Incremental Term Loan Facility.

Loan Commitments means, collectively, the Loan Commitments for all the Lenders.

Loan Commitments mean, respectively, each of the Term Loan Commitments, the Revolving Loan Commitment and the Swingline Loan Commitment and collectively, the Term Loan Commitments, the Revolving Loan Commitment and the Swingline Loan Commitment.

Loan Commitments means, as to any Lender at any time, the Term Loan Commitment and/or the Working Capital Commitment of such Lender at such time. The aggregate amount of the Loan Commitments is $43,500,000, as set forth in the definitions of “Term Loan Commitment” and “Working Capital Commitment”.

Loan Commitments means, as to any Lender, the applicable amount set forth opposite such Lender’s name in Annex I to this Agreement as to all Loan Facilities; provided that the aggregate Loan Commitments shall not exceed [***] plus the amount of any Incremental Commitments. [***] Confidential Treatment Requested

Loan Commitments mean, individually, each of the Revolving Loan Commitment, the Term Loan A Commitment and the Term Loan B Commitment, and collectively, the Revolving Loan Commitment, Term Loan A Commitment and the Term Loan B Commitment, as each such commitment is reduced from time to time as provided in this Agreement.

Loan Commitments means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Acceptance (or the Affiliated Lender Assignment and Acceptance), subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Loan Commitments is $40,000,000.