Secured Instrument Commitments definition

Secured Instrument Commitments means, at any time, commitments in ------------------------------ effect at such time to extend credit to the Borrower under any Secured Instrument that, if extended at such time, would constitute Principal Obligations.
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Secured Instrument Commitments means the Class A Secured Instrument Commitments or the Class B Secured Instrument Commitments (or both), as the context requires.
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Examples of Secured Instrument Commitments in a sentence

  • This Agreement shall automatically ------------ terminate when (i) the Liens and security interests granted under the Security Documents have terminated and (ii) the Collateral has been released and the Obligations have been indefeasibly paid and performed in full and all Secured Instrument Commitments shall have terminated; provided that the provisions of -------- Section 7.02 shall not be affected by any such termination.

  • Subject to Section 3.6(b), this Agreement shall terminate upon the termination of all Secured Instrument Commitments and the payment in full of the Obligations.

  • The Guarantees made hereunder (a) shall terminate when all the Obligations have been indefeasibly paid in full and all Secured Instrument Commitments shall have been terminated and (b) shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of any Obligation is rescinded or must otherwise be restored by any Secured Party or any Guarantor upon the bankruptcy or reorganization of the Borrower, any Guarantor or otherwise.

  • The Guarantee made hereunder (a) shall terminate ----------- when all the Obligations have been indefeasibly paid in full and all Secured Instrument Commitments shall have been terminated and (b) shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of any Obligation is rescinded or must otherwise be restored by any Secured Party or any guarantor upon the insolvency, bankruptcy or reorganization of the Borrower, any guarantor or otherwise.

  • This Agreement and the Security Interest shall terminate when all the Obligations have been indefeasibly paid in full and all Secured Instrument Commitments shall have terminated, at which time the Collateral Agent shall execute and deliver to the Grantors, at the Grantors' expense, all Uniform Commercial Code termination statements and similar documents which the Grantors shall reasonably request to evidence such termination.

  • The Collateral Agent shall maintain records regarding determinations of the amounts of the outstanding Obligations and Secured Instrument Commitments for any purpose, any distributions from the Collateral Accounts and any information received by the Collateral Agent pursuant to Section 6.02.

  • The Collateral Agent (in its capacity as Collateral Agent acting on behalf of the relevant Class of Secured Parties) shall maintain records regarding determinations, made for any purpose, of the amounts of the outstanding Obligations and Secured Instrument Commitments, in each case of the relevant Class, any distributions from its Collateral Accounts and any information received by the Collateral Agent pursuant to Section 6.02.

  • This Agreement shall automatically ----------- terminate when (i) the Liens and security interests granted under the Security Documents have terminated and (ii) the Collateral has been released and the Obligations have been indefeasibly paid and performed in full and all Secured Instrument Commitments shall have terminated; provided that the provisions of -------- Section 7.02 shall not be affected by any such termination.

  • This Agreement shall automatically terminate when (i) the Liens and security interests granted under the Security Documents have terminated and (ii) the Collateral has been released and the Obligations have been indefeasibly paid and performed in full and all Secured Instrument Commitments shall have terminated; provided that the provisions of Section 7.02 shall not be affected by any such termination.

Related to Secured Instrument Commitments

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Term Loan Obligations means any Obligations with respect to the Term Loan (including, without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower under this Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Revolving Loan Documents means the “Loan Documents” as defined in the Revolving Credit Agreement.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Subsidiary Loan Agreements means the agreements to be entered into pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Loan Agreements;

  • Letter of Credit Collateral has the meaning specified in Section 6.02(b).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Loan obligation means a bond, note, or other evidence of an obligation issued by a qualified borrower.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of January 1, 2007, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

  • Line of Credit Note shall have the meaning given the term in Section 2.1.a.