Examples of Second Commitment in a sentence
Any purchases made by Axtel in an amount in excess of the amount of the First Commitment, shall be accounted for as an Axtel purchase under the Second Commitment.
If the Borrower delivers an Optional Prepayment Notice and fails to pay the applicable prepayment amount due to the Holder of the Note as provided in this Section 1.9, then the Borrower shall forever forfeit its right to prepay any part of the Note pursuant to this Section 1.9 and the Holder shall no longer be required to return the Second Commitment Shares to the Borrower under any circumstances.
The Initial Commitment Shares and the Second Commitment Shares shall collectively, in the aggregate, be referred to herein as the “Commitment Shares”.
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.
Embrace the goals of the Kyoto Second Commitment Period as and when adopted by Government.