Peso Commitment definition

Peso Commitment means, with respect to each Lender providing such a commitment, the Peso amount set forth opposite its name on Schedule 2.1 under the heading “Peso Commitments.”
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Peso Commitment means, with respect to each Mexican Lender, the commitment of such Lender to (i) make Peso Loans to the Mexican Borrowers pursuant to Section 2.1(a) hereof and acquire interests in other Peso Outstandings in the aggregate principal amount outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule I (Commitments) under the caption “Peso Commitment,” as amended to reflect each Assignment and Acceptance executed by such Lender and as such amount may be reduced pursuant to this Agreement.
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Peso Commitment means, as to each Peso Lender, its obligation to make Peso Loans to the Borrower pursuant to Section 2.1(b), in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Peso Lender’s name on Schedule 1.1, as such amount may be adjusted from time to time in accordance with this Agreement.
Sample 1

Examples of Peso Commitment in a sentence

  • Within the limits of each Lender’s Mexican Peso Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(c), prepay under Section 2.06, and reborrow under this Section 2.01(c).

  • Any increase in the Peso Commitment may be made in an amount which is less than the increase requested by the Company if the Eligible US/UK Lenders do not agree to assume Peso Commitments in the entire requested amount.

  • In the event that, on the 10th day after the General Administrative Agent shall have delivered such notice, the Eligible US/UK Lenders shall have agreed pursuant to the preceding sentence to assume Peso Commitments in an aggregate amount greater than the total Peso Commitment requested by the Company, the Peso Commitment of each New Peso Lender shall be allocated ratably to the New Peso Lenders in accordance with the Peso Commitments accepted by them.

  • Within the limits of each Lender’s New Zealand Dollar/Mexican Peso Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(c), prepay under Section 2.06, and reborrow under this Section 2.01(c).

  • For all purposes under this Agreement, a New Peso Lender shall be treated as a Peso Lender to the extent of its Peso Commitment.

  • Each Initial Peso Lender severally and not jointly with the other Initial Peso Lenders agrees, on the terms and subject to the conditions set forth herein, and relying on the representations and warranties set forth herein, to make a single term loan in Mexican Pesos (each, a “Peso Loan”) in a single disbursement to the Company on the Closing Date in a principal amount not to exceed the Peso Commitment of such Initial Peso Lender.


More Definitions of Peso Commitment

Peso Commitment means, with respect to any Lender, the obligation of such Lender to make Loans in Pesos pursuant to the terms and conditions of this Agreement on the Closing Date, the amount of which shall not exceed the Peso Equivalent Amount that would result from the conversion of the principal amount set forth opposite such Lender’s name on Schedule 1.01(a) (Loans; Pro Rata Shares) under the heading “Peso Commitment” or the signature page of the Assignment and Acceptance by which it became (or becomes) a Lender, as such may be modified from time to time pursuant to the terms of this Agreement or to give effect to any applicable Assignment and Acceptance.
Sample 1
Peso Commitment means, as to each Peso Revolving Credit Lender, its obligation to make (a) Peso Revolving Credit Loans and (b) purchase participations in Peso Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the Dollar Amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Peso Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate Peso Commitments of all Peso Revolving Credit Lenders on the Closing Date shall be the Aggregate Peso Sublimit.
Sample 1
Peso Commitment with respect to each Lender, the amount (denominated in Dollars) specified as such Lender’s “Peso Commitment” in (a) the Register of the Mexican Administrative Agent on the day on which the Peso Commitments are increased pursuant to subsection 6.20 or (b) the Assignment and Acceptance pursuant to which such Lender assumed a portion of the total Peso Commitment, in each case as the same may be changed from time to time pursuant to the terms hereof. The total Peso Commitment as of the Closing Date is $0.
Sample 1

Related to Peso Commitment

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Initial Revolving Credit Commitment means, with respect to any Person, the commitment of such Person to make Initial Revolving Loans (and acquire participations in Letters of Credit and Swingline Loans) hereunder as set forth on the Commitment Schedule, or in the Assignment Agreement pursuant to which such Person assumed its Initial Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 or 2.19, (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.05 or (c) increased pursuant to Section 2.22. The aggregate amount of the Initial Revolving Credit Commitments as of the Closing Date is $75,000,000.

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.