Maximum Commitment definition

Maximum Commitment means initially the amount specified in item 4 on Schedule A, as such amount may be reduced from time to time in accordance with Section 2.04(a).

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Maximum Commitment means initially $27,344,142 as the same may be reduced from time to time in accordance with Section 2.04(a).

Maximum Commitment means $275,000,000180,000,000, as such amount may be increased by Borrowers in accordance with Section 3.6 or decreased by Borrowers pursuant to Section 3.5.

Examples of Maximum Commitment in a sentence

Any reduction of the Maximum Commitment shall be permanent and shall reduce the Lender Commitments of the Lenders on a pro rata basis.
Provided there exists no Event of Default or Potential Default, and subject to compliance with the terms of this Section 2.18, with the consent of the Administrative Agent, such consent to be given in its sole and absolute discretion, the Borrower Parties may increase the Maximum Commitment to an amount not exceeding $100,000,000.
Notwithstanding the foregoing: (A) any reduction of the Maximum Commitment shall be in an amount equal to or greater than $5,000,000; and (B) other than in connection with the Commitment Stepdown, in no event shall a reduction by the Borrowers reduce the Maximum Commitment to $25,000,000 or less (except for a termination of all the Lender Commitments).

More Definitions of Maximum Commitment

Maximum Commitment means initially $15,555,162 as the same may be reduced from time to time in accordance with Section 2.04(a).

Maximum Commitment means initially $106,248,048.40, as such amount may be reduced from time to time in accordance with Section 2.04(a).

Maximum Commitment means, when used with reference to any Lender, the aggregate of such Lender’s Term Commitments and Revolving Commitment in the amounts not to exceed those set forth opposite the name of such Lender on Schedule 1.1(a) hereto, subject to reduction from time to time in accordance with the terms of this Agreement.

Maximum Commitment means, (a) at any date of determination prior to the Commitment Termination Date, the lesser of (x) $340,000,000 or (y) such lesser amount remaining following any reduction of the Maximum Commitment in accordance with Section 2.02 (Voluntary Reductions or Termination of the Maximum Commitment) or Section 2.04 (Tranche B Commitment Reduction and Conversion) and (b) on and after the Commitment Termination Date, zero.

Maximum Commitment means, at any time the same is to be determined, an amount equal to the aggregate Commitments of the Committed Lenders, as such amount may be increased pursuant to Section 2.17 or reduced by Borrower pursuant to Section 3.06.

Maximum Commitment means initially the amount specified in item 3 on Schedule A, as such amount may be reduced from time to time in accordance with Section 2.04(a).

Maximum Commitment means, as of any date of determination, the sum of the maximum Commitments of all Committed Investors hereunder.