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Refinancing Commitment definition

Refinancing Commitment means any commitment from or other agreement with any Person providing for the financing of the Property, some or all of the proceeds of which are intended to be used for the repayment of all or a portion of the Loan.
Refinancing Commitment means the commitment of each Lender, pursuant to Section 2.21 to make a Refinancing Term Loan to the Borrower.

Examples of Refinancing Commitment in a sentence

  • On any Refinancing Facility Closing Date on which any Refinancing Commitments of any Class are effected, subject to the satisfaction of the terms and conditions in this Section 2.24, each Refinancing Lender of such Class shall make a Loan to the Borrower (a “Refinancing Loan”) in an amount equal to its Refinancing Commitment of such Class.

  • Subject to the terms and conditions set forth herein, each 2018 Refinancing Term Lender severally agrees to make Loans in dollars to the Borrower on the Amendment No. 1 Effective Date in an aggregate principal amount equal to such 2018 Refinancing Term Lender’s 2018 Refinancing Commitment.

  • Subject to the terms and conditions set forth herein and in Amendment No. 2, each 2021 Refinancing Term Lender severally agrees to make Loans in dollars to the Borrower on the Amendment No. 2 Effective Date in an aggregate principal amount equal to such 2021 Refinancing Term Lender’s 2021 Refinancing Commitment.

  • However, notwithstanding any other provision of this Section 5.5, the Purchaser shall not be required to take any action under this Section 5.5 which would violate any provision of the Refinancing Commitment or the Financial Assurance Commitment without the prior written consent of the financial institutions which are parties to such commitments.

  • The Refinancing Projects may, but need not, be included in one Refinancing Commitment.


More Definitions of Refinancing Commitment

Refinancing Commitment means a Refinancing Term Loan Commitment.
Refinancing Commitment means capital commitments reasonably satisfactory to the Purchaser which are sufficient to (i) pay the Cash Payment, (ii) refinance all of the Purchaser's outstanding indebtedness immediately prior to the Closing, (iii) provide collateral for required Financial Assurance, (iv) fund the payment of all reasonable costs and expenses of the transactions described in this Agreement and (v) provide ongoing funding for working capital needs and general corporate purposes. Such capital commitments shall contain normal and customary conditions including material adverse change but excluding syndication and due diligence.
Refinancing Commitment means the commitment of each Lender, pursuant to Section 2.212.20 to make a Refinancing Term Loan to the Borrower (including the 2018 Refinancing Commitments, the 2021 Refinancing Commitments and the 2023 Refinancing Commitments).
Refinancing Commitment means any commitment by a Lender to provide all or any portion of any Refinancing Facility.
Refinancing Commitment has the meaning assigned to such term in Section 2.07(a).
Refinancing Commitment set forth in Section 1.01 of the Credit Agreement (and including, without limitation, for purposes of Sections 7, 8 and 9 of the Fifth Amendment) is hereby amended in its entirety so as to read in full as follows:
Refinancing Commitment has the meaning specified in Section 2.16.