Term Credit Commitment definition

Term Credit Commitment has the meaning set out in Section 2.1(2).
Term Credit Commitment shall have the meaning assigned to such term ---------------------- in Paragraph 2.5 hereof.
Term Credit Commitment means, as to any Lender, such Lender’s 2025 Term Credit Commitment or 2026 Term Credit Commitment, as applicable.

Examples of Term Credit Commitment in a sentence

  • Any undrawn portion of any Term Credit Commitment shall be cancelled immediately following the Closing Date.

  • Any undrawn portion of any Term Credit Commitment shall be cancelled at the close of business in Toronto, Ontario on the Final Term Credit Availability Date.

  • The Term Loan made by each Lender to the Borrower shall be evidenced by a term loan note of the Borrower (individually a "Term Loan Note" and collectively the "Term Loan Notes") payable to the order of such Lender in the amount of its Term Credit Commitment, with each such Term Loan Note to be in the form (with appropriate insertions) attached hereto as Exhibit B.

  • The amount of each Term Loan which each Lender so made to the Borrower is as set forth opposite such Lender's signature hereto under the heading "Term Credit Commitment" (collectively, the "Term Credit Commitments" and individually, a "Term Credit Commitment").

  • Loans made by each Lender shall be evidenced by the Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Short Term Credit Commitment, which Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.


More Definitions of Term Credit Commitment

Term Credit Commitment means, as to any Lender, the obligation of such Lender to make its Term Loans in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term Credit Commitments of the Lenders aggregate $50,000,000 on the Closing Date.
Term Credit Commitment is defined in Section 1.3 hereof.
Term Credit Commitment means, with respect to each Term Credit Bank, the amount set forth opposite such Term Credit Bank's name on Schedule 2.1 under the heading "Term Credit Commitment", as such Term Credit Commitment shall be terminated pursuant to Section 2.7(a)(iv) or Section 9.2.
Term Credit Commitment means $4,000,000.00.
Term Credit Commitment means Three Million Three Hundred Seventy Five Thousand U.S. Dollars (U.S. $3,375,000).
Term Credit Commitment and "TERM CREDIT COMMITMENTS" shall have the meanings specified in Section 1.1(b) hereof.
Term Credit Commitment appearing in Section 4.1 of the Credit Agreement is hereby deleted, and the definitions of "Applicable LIBOR Margin" and "Revolving Credit Termination Date" appearing in Section 4.1 of the Credit Agreement (Definitions) shall each be amended and restated in their entirety to read as follows: