SLP Commitment definition

SLP Commitment means €300,000 or such greater amount as determined by the General Partner in its sole discretion.
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Examples of SLP Commitment in a sentence

  • The Special Limited Partner hereby confirms it has made a Commitment to the Partnership equal to the SLP Commitment, a portion of which amounting to €12,000 (the “Initial Capital Contribution”) has been contributed to the Partnership on or about the date of the Initial Agreement against the issuance of Interests equal to €12,000.

  • The Special Limited Partner shall make Capital Contributions in the aggregate amount equal to the SLP Commitment.

  • The Special Limited Partner hereby confirms it has made a Commitment to the Partnership equal to the SLP Commitment, a portion of which amounting to the Initial Capital Contribution has been contributed to the Partnership against the issuance of Interests equal to €12,000.

  • The SLP Commitment shall be evidenced by a separate written employment contract between the Board and EMPLOYEE.

  • The Special Limited Partner shall commit to the Partnership the SLP Commitment and shall, for the avoidance of doubt, be treated as a Limited Partner with respect to such Commitment.

Related to SLP Commitment

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Group Commitment means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such Purchaser Group.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Initial Commitment means, for any Initial Lender, the obligation of such Initial Lender to make an Initial Loan hereunder, up to the principal amount shown on Schedule 1.01(a). The aggregate amount of the Initial Lenders’ Initial Commitments as of the Closing Date is $150,000,000.