Required Commitment definition
Examples of Required Commitment in a sentence
If the mortgage secured by the 35 Required Commitment has a balloon payment, it shall be due no sooner than years.
The Required Commitment may be 40 given by Seller or a third party.
The Debtors may extend the Subscription Expiration Deadline with the consent of the Required Commitment Parties (as defined in the Investment Agreement), such consent not to be unreasonably withheld, or as required by law.
Thereafter, Seller may, within 30 business days after the First Commitment Date ("Second Commitment Date"), secure the 39 Required Commitment for Buyer upon the same terms, and may extend the Closing Date by 30 business days.
If the Issuing Bank and the Required Commitment Banks shall have consented to such Extension Request, then, on the Current Expiration Date, the Expiration Date shall be deemed to have been extended to, and shall be, the date specified in such Extension Request.
If Buyer is unable to obtain the Required Commitment by the First Commitment Date, Buyer shall so notify Seller in writing on or 38 before that Date.
The Required Commitment may be 54 given by Seller or a third party.
Thereafter, Seller may, within 30 business days after the First Commitment Date ("Second Commitment Date"), secure the 53 Required Commitment for Buyer upon the same terms, and may extend the Closing Date by 30 business days.
If the mortgage secured by the 49 Required Commitment has a balloon payment, it shall be due no sooner than years.
Buyer shall furnish all requested credit information, sign customary documents relating to the application and 41 securing of the Required Commitment, and pay one application fee as directed by ▇▇▇▇▇▇.