Series A Commitment definition

Series A Commitment means, for each Series A Lender, the obligation of such Lender to make Series A Loans in an aggregate amount at any one time outstanding up to but not exceeding the amount set opposite the name of such Lender on Annex 1 hereto under the caption "Series A Commitment" (as the same may be reduced from time to time pursuant to Section 2.04 hereof or increased or reduced from time to time pursuant to Section 11.06 hereof). The original aggregate principal amount of the Series A Commitments is $100,000,000.
Series A Commitment means, with respect to each Purchaser, the amount set forth opposite such Purchaser's name in Annex I directly below the column entitled "Series A Commitment," as the same may be reduced from time to time pursuant to Section 2.02.
Series A Commitment means the commitment of a Lender to make Series A Advances pursuant to Section 2.01(a) hereof, and "Series A Commitments" means such commitments of all Lenders in the aggregate.

Examples of Series A Commitment in a sentence

  • In the event that the Company fails to so advise the Administrative Agent, or if the Company fails to reimburse the Issuing Lender for a demand for payment under a Letter of Credit by the date of such payment, the Administrative Agent shall give each Series A Lender prompt notice of the amount of the demand for payment, specifying such Lender's Series A Commitment Percentage of the amount of the related demand for payment.

  • This Agreement (including the exhibits hereto), the Series A Certificate of Designation, the Series A Securities Purchase Agreement and the Series A Commitment Letter (to the extent the obligations that are expressly stated in the Series A Commitment Letter to survive termination thereof as set forth therein) constitute the entire agreement, and supersede all other prior agreements and understandings, both written and oral, between the Parties with respect to the subject matter hereof.

  • The Facility Fee shall be payable monthly in arrears on each Settlement Date with respect to the prior Collection Period and shall be forwarded by the Facility Agent to (i) the Series A Bank based on the available Series A Commitment and the Facility Fee Rate applicable to the Series A Bank's Commitment, and (ii) ratably to the Series B Banks according to their Pro Rata Shares of the available Series B Commitment and the Facility Fee Rate applicable to each Series B Bank's Commitment.

  • As evidence of the loan advanced by the Original Series A Lender, on the Funding Date the Borrower shall issue and deliver to the Original Series A Lender, as provided hereunder, a Series A Note payable to the Original Series A Lender in an original principal amount equal to the amount of its Series A Commitment.

  • Subject to the terms and conditions of this Loan Agreement, on the Funding Date the Original Series A Lender shall make a loan to the Borrower in the principal amount equal to the Series A Commitment, and the Original Series B Lender shall make a loan to the Borrower in the principal amount equal to the Series B Commitment.


More Definitions of Series A Commitment

Series A Commitment means, with respect to any Lender, its commitment to make such portion of the Series A Loan as is set forth on its signature page hereto.
Series A Commitment means, for each Series A Lender, the obligation of such Lender to make Series A Loans, and to participate in Series A Letters of Credit, in an aggregate amount at any one time outstanding up to but not exceeding the amount set opposite the name of such Lender on Annex 1 hereto under the caption "Series A Commitment" (as the same may be reduced from time to time pursuant to Section 2.04 hereof or increased or reduced from time to time pursuant to Section 11.06 hereof). The original aggregate principal amount of the Series A Commitments is $100,000,000.
Series A Commitment means, with respect to each Limited Partner that entered into a subscription agreement with the Partnership prior to the expiration of the Series A Commitment Period pursuant to which such Limited Partner committed to make Capital Contributions to the Partnership in exchange for Series A Participating Preferred Units, the aggregate amount of cash agreed to be contributed to the Partnership as a Capital Contribution by such Limited Partner, as specified in such subscription agreement. As of the Second Effective Date, all Series A Commitments have been funded in full.
Series A Commitment means the amount set forth in Schedule 3 to this Agreement.
Series A Commitment means $75,563,891.
Series A Commitment means the amount set forth in Schedule 4 hereof.
Series A Commitment means $35,000,000.