Note Commitment definition

Note Commitment means a commitment by any Holders of Permitted Indebtedness to purchase, subscribe for or pay any amounts in respect of any Notes, VF Notes or other External Permitted Debt in the form of notes, or additional interests therein.

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Note Commitment means in relation to a Noteholder, the aggregate maximum amount of Note Advances which may be requested of such Noteholder pursuant to the Notes.

Note Commitment of any Purchaser means such Purchaser's Interim Note Commitment plus such Purchaser's Series 1 Note Commitment.

Examples of Note Commitment in a sentence

• Each Bank selling a participating interest in any Loan, Note, Commitment or other interest under this Agreement shall, within 10 Domestic Business Days of such sale, provide the Borrower and the Agent with written notification stating that such sale has occurred and identifying the Participant and the interest purchased by such Participant.

• For so long as the Buyer beneficially owns the Note, Commitment Shares, or any Conversion Shares, the Company shall comply with the reporting requirements of the 1934 Act; and the Company shall continue to be subject to the reporting requirements of the 1934 Act.

• Any Lender may assign all or any portion of its Lender Note, Commitment and Advances hereunder pursuant to an assignment and assumption agreement in substantially the form attached hereto as Exhibit C (each, an “Assignment and Assumption Agreement”) or sell participation interests in its Advances and Obligations hereunder.

• Once drawn, no Delayed Draw Note Commitment may be redrawn, whether or not the Delayed Draw Notes related thereto have been repaid or prepaid.

• Each Bank selling a participating interest in any Loan, Note, Commitment or other interest under this Agreement shall, within 10 Domestic Business Days of such sale, provide the Borrower and the Administrative Agent with written notification stating that such sale has occurred and identifying the Participant and the interest purchased by such Participant.

More Definitions of Note Commitment

Note Commitment means, individually or collectively, as the context may require, the Tranche A Note Commitment, the Tranche B Note Commitment, the Initial Note Commitment and/or the Delayed Draw Note Commitment.

Note Commitment means a commitment by any Holders of Permitted Indebtedness to purchase or subscribe for any Notes or additional interests therein.

Note Commitment of any Note Holder means (i) the aggregate of the A-Note Commitment and B-Note Commitment of such Note Holder or (ii) if such Note Holder has only an A-Note Commitment or B-Note Commitment, the amount of the A-Note Commitment or the amount of the B-Note Commitment of such Note Holder, as applicable.

Note Commitment the commitment of a Purchaser to make or otherwise fund any Note, and “Note Commitments” means such commitments of all Purchasers in the aggregate. The amount of each Purchaser’s Note Commitment is set forth on the Schedule of Purchasers, as such Schedule of Purchasers may be modified in connection with additional Note Commitments or Notes under Section 2.1.1, or, if such Purchaser’s Note Commitment has been assigned, in the applicable Assignment and Acceptance Agreement, subject to any adjustment pursuant to the terms and conditions hereof.

Note Commitment means, with respect to each Noteholder, its commitment set forth on Schedule 2.02 (or in the Assignment and Acceptance pursuant to which it assumed its Commitment), to purchase Notes issued by the Issuer, as the same may be (a) reduced or increased from time to time pursuant to assignments by or to such Noteholder pursuant to Section 9.04 or (b) terminated pursuant to Section 2.07. The aggregate amount of Note Commitments as of the Closing Date is $275,000,000.

Note Commitment means, with respect to each Noteholder, its commitment set forth on Schedule 2.02 (or in the Assignment and Acceptance pursuant to which it assumed its Commitment), to purchase Notes issued by the Issuer, as the same may be (a) reduced or increased from time to time pursuant to assignments by or to such Noteholder pursuant to Section 9.04 or (b) reduced pursuant to Section 2.07. The aggregate amount of Note Commitments as of the Closing Date is $275,000,000.

Note Commitment means a commitment by any Holders of Issuer Indebtedness to purchase or subscribe for or pay any amounts in respect of any Notes or VF Notes, or additional interests therein.