Examples of Original Commitments in a sentence
The Additional Commitments are binding on PPL, can be enforced against PPL in the same manner as the Original Commitments in the Approval Order, and in all circumstances where the Additional Commitments impose requirements on PPL that exceed those set forth in the Original Commitments, PPL is bound by the terms of the Additional Commitments.
The Administrative Agent will promptly notify the Lenders of any such notice of termination or reduction of the Aggregate Commitments or the Original Commitments.
Asbestos management planner" means any person who develops an individual with the requisite training and credentials to develop plans for the management of asbestos-containing material under the Asbestos Hazard Emergency Response Act.
The Borrower shall repay any outstanding Loans in respect of the Original Commitments of any Original Commitment Lender on the effective date of the termination of the Original Commitments prior to the Original Maturity Date pursuant to Section 2.05(a) (it being understood that the Borrower shall not be obligated to repay any Loans in respect of Extended Commitments of any Extended Commitment Lender on such date).
The Commitments of a Lender that is not a 2016 Lender shall be replaced with an Additional Commitment of an Extending Lender and/or with a New Commitment of a New Lender, at the discretion of the Administrative Agent, and the Original Commitments of such Lender shall terminate as of the Amendment Effective Date and the Borrower shall pay any and all amounts owing to such Lender under the Original Credit Agreement in accordance with the Original Credit Agreement on the Amendment Effective Date.
Compliance with the Original Commitments was to be monitored by an independent Monitoring Trustee on behalf of the Commission.
The Commission considers that the cap in the Original Commitments was already expressed to cover all charges (regardless of whether they formed part of the base rate) but, for the avoidance of doubt, has secured a clarification on ITT charges from the Parties.
Both OOCL and Maersk Group queried why the duration of the price-related and overflow commitments was restricted to eight years in the Original Commitments.
However, there was no formal review and agreement as to their allocability.3. Readily Available Information Is Not Part Of The Variance Analysis The agency annually receives a myriad of CAM related information from KCM.
The Commission received nine representations on the Original Commitments by the deadline of 26 August 2020, which have been published on its website and are also summarised in Part V below.