Senior Debt Commitments definition

Senior Debt Commitments means, at any time, the aggregate of any principal amount that Holders of Senior Debt are committed to disburse or stated amount of letters of credit that Holders of Senior Debt are required to issue, in each case under any Senior Debt Instrument, and in the case of Senior Debt Commitments in respect of Secured Debt, the aggregate of the Facility Commitments.
Senior Debt Commitments has the meaning given in Schedule A of the CSAA.
Senior Debt Commitments means the aggregate principal amount any Senior Lender is committed to disburse to the Borrowers under any Senior Loan Agreement as set forth in Appendix B. The Indenture shall not be considered a Senior Debt Commitment for any purpose.

Examples of Senior Debt Commitments in a sentence

  • For so long as the Loans or Senior Debt Commitments in connection therewith are outstanding, the maintenance of insurance required to be procured and maintained pursuant to the insurance covenant of the Common Terms Agreement shall be deemed to meet the insurance covenant in this Section 4.23.

  • All proceeds of Replacement Senior Debt shall be used to pay or prepay Senior Debt or to replace Senior Debt Commitments in accordance with Section 2.10.

  • If any Independent Consultant is removed or resigns and thereby ceases to act as an Independent Consultant and any Bank Senior Debt or Bank Senior Debt Commitments remain outstanding, the Bank Senior Lenders Administrative Agent shall promptly designate a replacement Independent Consultant of recognized international standing and notify the Capital Markets Trustee and the Oil Payment Insurers Administrative Agent thereof.

  • The Initial Senior Lenders, the Initial Senior Debt, the Initial Senior Debt Commitments and the Indenture are each identified in Appendix B.

  • If no Bank Senior Debt or Bank Senior Debt Commitments remain outstanding, the Capital Markets Trustee shall promptly designate a replacement Independent Consultant of recognized international standing.

  • Work has started on site, and the shared ownership dwellings will be available from May this year, and the rented units early next year.

  • Prior to or concurrently with any disbursement of Bank Senior Loans, the Partnership shall have received at least a pro rata Capital Contribution of its total Capital Commitments based on the ratio of the sum of such Bank Senior Loans to the total of all outstanding Bank Senior Debt Commitments and Bank Senior Loans.

  • Upon resignation or removal of the Collateral Trustee, so long as any Bank Senior Debt or Bank Senior Debt Commitments remain outstanding, the Bank Senior Lenders Administrative Agent shall appoint a successor Collateral Trustee and shall notify the Capital Markets Trustee and the Oil Payment Insurers Administrative Agent thereof.

  • The Initial Senior Lenders, the Initial Senior Debt, the Initial Senior Debt Commitments, the Initial Senior Loan Agreements, the initial Oil Payment Insurers and the Oil Payment Commitment are each identified in Appendix B.

Related to Senior Debt Commitments

  • Refinancing Commitments shall have the meaning provided in Section 2.15(b)(i).

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Refinancing Revolving Commitments has the meaning assigned to such term in Section 2.26(a).

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • New Revolving Commitments has the meaning assigned to such term in Section 2.04.

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

  • Revolving Commitments means, collectively, the Dollar Commitments and the Multicurrency Commitments.