Supplemental Commitment definition

Supplemental Commitment shall have the meaning specified in the Fee Letter.
Supplemental Commitment means, with respect to each Supplemental Lender, the commitment of such Supplemental Lender to make Supplemental Loans to the Borrower in an aggregate principal amount not exceeding the amount set forth with respect to such Revolving Lender on Schedule II, as such schedule may be amended pursuant to Section 2.23, or, in the case of a Person becoming a Supplemental Lender after the Closing Date, the amount of the assigned “Supplemental Commitment” as provided in the Assignment and Acceptance executed by such Person as an assignee, or the joinder executed by such Person, in each case as such commitment may subsequently be increased or decreased pursuant to the terms hereof.
Supplemental Commitment means, as of any date of determination, the lesser of (x) an amount equal to (1) One Hundred Twenty-Five Million Dollars (U.S. $125,000,000) minus (2) the Total Residual Facility Outstandings as of such date of determination and (y) the aggregate Principal Balance (as of the applicable Borrowing Base Reference Date) of all Class 1 Eligible Contracts.

Examples of Supplemental Commitment in a sentence

  • The Administrative Agent shall promptly notify the Lenders of the new Applicable Percentages after giving effect to the increase in the Commitments on the Supplemental Commitment Date.

  • The Administrative Agent shall promptly notify the Lenders of the new Applicable Percentages after giving effect to the Supplemental Commitment.

  • However, positive aspects of the program have also been identified with up to two-thirds of mental health related calls received through the program in Birmingham being addressed in the community without the need for police transportation or coercive measures.33 The third model, the Crisis Assessment and Treatment Team (CATT) model, promotes the sole use of mental health professionals for responding to mental health crises.

  • Academic dismissal requires the student to stay out of school for one full calendar year to reflect on their commitment to education and to make any necessary changes to facilitate future success.

  • Notwithstanding the foregoing, with respect to any Advance, in no event shall any Lender be obligated to transfer to any party an amount greater than its Base Commitment or Supplemental Commitment, as applicable, of the related Advance; provided that, a failure of a Lender to make any Advance with respect to its Base Commitment shall not relieve the other Lenders with respect to their respective Base Commitments.


More Definitions of Supplemental Commitment

Supplemental Commitment means, for each Lender, the obligation of such Lender to make Advances, in an aggregate principal and/or face amount not to exceed the Supplemental Commitment amount set forth opposite such Lender’s name on Appendix A(3) attached hereto.
Supplemental Commitment means the $4,000,000.00 of additional funds available over and above the basic Commitment of $19,500,000.00, which Supplemental Commitment shall be available only until June 30, 1997, and which Supplemental Commitment shall, while existent, unless otherwise specified, be considered a part of the Commitment.
Supplemental Commitment means, at any time, the maximum amount of credit that Bank of America is then committed to extend under the Supplemental Credit Agreement (including any principal amount then outstanding thereunder).
Supplemental Commitment means, with respect to any Supplemental Lender at any time, either the amount set forth opposite such Supplemental Lender's name on Schedule I hereto under the caption "Supplemental Commitment" or the aggregate amount set forth in the Register by the Agent pursuant to Section 2.01(b) for such Supplemental Lender as its ?Supplemental Commitment? on any future date on or before January 31, 1999, in any event in an aggregate amount not to exceed $50,000,000, or, in either case, if such Supplemental Lender has entered into one or more Assignments and Acceptances, the aggregate amount set forth for such Supplemental Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(e) as such Supplemental Lender's "Supplemental Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.05.
Supplemental Commitment means, for each Lender, the obligation of such lender to make one or more Revolving Loans or Acquisition Loans not exceeding the amount set forth on EXHIBIT B opposite such Lender's name (or, if applicable, Additional Lender(s)) under the respective heading "Acquisition Loan Commitment After the Commitment Increase Date" and "Revolving Loan Commitment After the Commitment Increase Date", or as indicated in the Assignment by which it became a Lender in each case as modified from time to time pursuant to the terms of this Agreement.
Supplemental Commitment means the commitment of Lenders having interests in the Supplemental Commitment to make Supplemental Loans and to issue Supplemental Letters of Credit in an aggregate amount not to exceed $30,500,000. As of February 26, 1999, ING Capital is the only Lender having an interest in the Supplemental Commitment.
Supplemental Commitment means, with respect to each Supplemental Lender, the commitment of such Supplemental Lender to make a Supplemental Loan to the Borrower in the amount specified on Schedule II. The aggregate amount of the Supplemental Commitments on the Fourth Amendment Effective Date equals $5,000,000.