Subscription Commitment definition

Subscription Commitment has the meaning set forth in Section 2.2(a).
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Subscription Commitment means a Partner’s or prospective Partner’s agreement to purchase Units, as set forth in such Partner’s Supplementary Agreement.
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Subscription Commitment of a Standby Purchaser means the amount set out opposite the name of such Standby Purchaser in Schedule B hereto;
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Examples of Subscription Commitment in a sentence

  • In the event that the Agreement is terminated by Customer under and in accordance with clause (a) or (b) – or by 8x8 under clause (c), (d), or (e) – of Section 12.1 (Exclusive Termination Rights), Customer shall be relieved of its Subscription Commitment for any post- termination period, and 8x8 shall refund any amounts un-used and pre-paid for Ordered SaaS Services for any such period.

  • For clarity: (a) no other termination of the Agreement shall relieve Customer of its Subscription Commitment (which shall survive any such termination) or entitle Customer to any refund and (b) in no event shall termination or expiration of the Agreement relieve Customer of its obligation to pay any amount incurred thereunder prior to such termination or expiration.

  • The Debtors, in their reasonable discretion (and with the consent of the Plan Sponsor), may, but shall not be obligated to, waive any defect or irregularity, or permit a defect or irregularity to be corrected within such times as they may determine, or reject the purported Subscription Commitment.

  • For the avoidance of doubt, in no event shall Subscriber be obligated to purchase shares of common stock valued at the Per Share Price in excess of the Total Subscription Commitment.

  • Section 2.1 The Rights Offering 14 Section 2.2 The Subscription Commitment and Backstop Commitment 14 Section 2.3 Backstop Party Default 14 Section 2.4 Funding 15 Section 2.5 Closing 17 Section 2.6 No Transfer of Backstop Commitments 18 Section 2.7 Designation Rights 18 Section 2.8 Notification of Aggregate Principal Amount of Exercised Subscription Rights and Oversubscription Rights.

  • In order for any Subscription Commitment to be effective, a Participating Qualified PIK/Term Lender shall tender as a deposit the amount of Cash that would be necessary to purchase the number of New Investment Units subscribed for pursuant to such holder's Subscription Agreement (the "Subscription Price Deposit").

  • On the Subscription Commencement Date, Debtors will cause a Subscription Agreement and other offering materials to be delivered to each Qualified PIK/Term Lender offering each Qualified PIK/Term Lender the right, pursuant to and on the terms and conditions of the Reorganized PSC Offering, to make a Subscription Commitment for up to its Pro Rata portion of the New Investment Units at the Subscription Price.

  • Any Participating Qualified PIK/Term Lender shall make its Subscription Commitment by causing its Subscription Agreement to be executed and delivered to the Subscription Agent on or prior to the Subscription Expiration Date, having properly completed and executed the Subscription Agreement, and tendered the Subscription Price Deposit (as defined in this paragraph) in accordance with the procedures set forth herein and in the Subscription Agreement.

  • The Excess Application Facility is subject to the terms of the Brian Marsh Subscription Commitment.

  • For clarity: (a) no other termination of the Agreement shall relieve Customer of its Subscription Commitment (which shall surviveany such termination) or entitle Customer to any refund and (b) in no event shall termination or expiration of the Agreement relieve Customer of its obligation to pay any amount incurred thereunder prior to such termination or expiration.


More Definitions of Subscription Commitment

Subscription Commitment means the Delayed Draw Subscription Commitment and the Primary Subscription Commitment.
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Subscription Commitment means the initial aggregate subscription price
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Subscription Commitment of the Standby Purchaser means twenty million US Dollars (US$20,000,000);
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Subscription Commitment of the Standby Purchaser means fifteen million US Dollars (US$15,000,000);
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Subscription Commitment means the DNC 2025 Subscription Commitment and/or the DNC 2026 Subscription Commitment, as applicable.
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Related to Subscription Commitment

  • Option Commitment means the notice of grant of an Option delivered by the Company hereunder to a Service Provider and substantially in the form of Schedule A attached hereto;

  • Subscription Limit means any applicable limit on the Issuer’s ability to fund newly issued ETP Securities pursuant to the terms of the LS Operating Procedures Agreement or the LS Margin Account Agreement, as may be amended from time to time.

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Backstop Commitment has the meaning set forth in Section 2.2(b).

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Minimum Initial Subscription means such greater or lesser amount as may be

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

  • Total Commitment means, at any time, the sum of the Commitments of each of the Lenders at such time.

  • New Commitments has the meaning set forth in Section 2.18(a).

  • Equity Commitment means (a) options, warrants, convertible securities, exchangeable securities, subscription rights, conversion rights, exchange rights, or other Contracts that could require a Person to issue any of its Equity Interests or to sell any Equity Interests it owns in another Person; (b) any other securities convertible into, exchangeable or exercisable for, or representing the right to subscribe for any Equity Interest of a Person or owned by a Person; (c) statutory pre-emptive rights or pre-emptive rights granted under a Person's Organizational Documents; and (d) stock appreciation rights, phantom stock, profit participation, or other similar rights with respect to a Person.

  • Commitment Amount means, as the context may require, the Revolving Loan Commitment Amount, the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount.

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.

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

  • Commitment Increase Notice as defined in Section 2.1(b).

  • Purchase Commitment means a written commitment, in form and substance satisfactory to Lender, issued in favor of Borrower by an Investor under which that Investor commits to purchase Mortgage Loans or Mortgage-backed Securities.

  • Annual Subscription means the subscription paid by a member in accordance with the Registered Clubs Act and being paid either annually or otherwise.

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Subscription Plan means a fixed term plan which relates to the Licensed Services as specified in the PGi Service Agreement

  • Initial Revolving Credit Commitment means, with respect to any Person, the commitment of such Person to make Initial Revolving Loans (and acquire participations in Letters of Credit and Swingline Loans) hereunder as set forth on the Commitment Schedule, or in the Assignment Agreement pursuant to which such Person assumed its Initial Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 or 2.19, (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.05 or (c) increased pursuant to Section 2.22. The aggregate amount of the Initial Revolving Credit Commitments as of the Closing Date is $75,000,000.

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Minimum Subscription means the minimum subscription for Shares as specified in the relevant Supplement.

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

  • U.S. Commitment means, with respect to each U.S. Lender, the commitment, if any, of such U.S. Lender to make U.S. Revolving Loans and to acquire participations in U.S. Letters of Credit, U.S. Overadvances and U.S. Swingline Loans hereunder, expressed as an amount representing the maximum possible aggregate amount of such U.S. Lender’s U.S. Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such U.S. Lender pursuant to Section 9.04. The initial amount of each U.S. Lender’s U.S. Commitment is set forth on the Revolving Commitment Schedule, or in the Assignment and Assumption pursuant to which such U.S. Lender shall have assumed its U.S. Commitment, as applicable. The U.S. Commitment is a sub-facility of the Revolving Commitment and is not in addition to the Revolving Commitment.

  • Tranche A Commitment means, with respect to each Lender, the -------------------- commitment, if any, of such Lender to make Tranche A Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche A Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $175,000,000.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.