Examples of Original Term Commitment in a sentence
Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make to the Borrower on the Closing Date loans denominated in Dollars in an aggregate amount not to exceed the amount of such Term Lender’s Original Term Commitment.
The Original Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of Term Loans to be made by it on the Closing Date.
The Original Term Commitment of each Original Term Lender shall be automatically and permanently reduced to $0 upon the making of such Original Term Lender’s Original Term Loans pursuant to Section 2.01(a) on the Closing Date.
Xxxxxx Sxxxxxxx Revolving Commitment: Term Commitment: Total Commitment: Percentage: $ 9,570,707.07 $ 1,914,141.41 $11,484,848.49 13.672438674% Total Revolving Commitments: Total Term Commitment: $70,000,000 $14,000,0001 Total Aggregate Commitment: $84,000,000 1 Original Term Commitment was $55,000,000, and Total Aggregate Commitment was $125,000,000 at the Closing Date.
Subject to the terms and conditions set forth herein, each Lender severally agrees to make aan Original Term Loan to the Borrower on the Closing Date in a principal amount not exceeding such Lender’s Original Term Commitment.