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, at any time, the aggregate of any principal amount that Senior Debt Holders of Senior Debt are committed to disburse or stated amount of letters of credit that Senior Debt 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, as designated pursuant to the Common Terms Agreement.

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.

  • The Borrower shall make prepayments (if any) of Loans and cancel Senior Debt Commitments as may be required upon the occurrence of a LNG SPA Prepayment Event in accordance with Section 8.2 (LNG SPA Mandatory Prepayment).

  • 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.

  • The Borrower shall make prepayments (if any) of Loans and cancel Senior Debt Commitments as may be required upon the occurrence of an LNG SPA Prepayment Event in accordance with Section 8.2 (LNG SPA Mandatory Prepayment).

  • 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.

  • 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 appoint a replacement Collateral Trustee.

  • 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.

  • 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.

  • 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.