Total Aggregate Commitment definition

Total Aggregate Commitment means the total aggregate combined -------------------------- Commitments of each of the Banks. The Total Aggregate Commitment concurrently equals $200,000,000, and may decrease as provided in Sections 3.10 and 4.18.
Sample 1
Total Aggregate Commitment means the total aggregate combined Commitments of the Banks. The Total Aggregate Commitment currently equals $175,000,000, and may decrease as provided in SECTION 4.18 and SECTION 4.
Sample 1
Total Aggregate Commitment means the total aggregate combined Commitments of Lenders. The Total Aggregate Commitment currently equals $450,000,000, and may increase as provided in Section 3.10 or decrease as provided in Section 4.18 or Section 4.19.
Sample 1

Examples of Total Aggregate Commitment in a sentence

  • The obligation of Lenders under this Section 10.10 shall survive the termination of the Total Aggregate Commitment, repayment of all other Obligations hereunder, and the resignation of Administrative Agent.

  • The agreements in this Section 11.2 shall survive the termination of the Total Aggregate Commitment and repayment of all other Obligations.

  • The sum of the aggregate principal amount at any -------------- time outstanding under the Loans plus the L/C Obligations shall not at any time ---- exceed the lesser of (i) the Total Aggregate Commitment or (ii) the Borrowing Base less Total Borrowing Base Home Building Indebtedness (exclusive of the ---- outstanding amount of the Loans and L/C Obligations).

  • In such event, Borrower shall be deemed to have requested a Reference Rate Borrowing to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 3.1 for the principal amount of Reference Rate Borrowings, but subject to the amount of the unutilized portion of the Total Aggregate Commitment and the conditions set forth in Article 6 (other than the delivery of a Request for Borrowing).

  • The agreements in this Section 11.12 shall survive the resignation of Administrative Agent, the replacement of any Lender, the termination of the Total Aggregate Commitment and the repayment, satisfaction, or discharge of all the other Obligations.

  • The sum of the aggregate principal amount at any time outstanding under the Loans plus the L/C Obligations shall not at any time exceed either (a) the Total Aggregate Commitment, or (b) the Borrowing Base less Senior Unsecured Home Building Debt (exclusive of the outstanding amount of the Loans and L/C Obligations).

  • For avoidance of doubt, any Obligations arising out of any increases in the Total Aggregate Commitment under the Revolving Credit Agreement (whether arising under Section 3.10 of the Revolving Credit Agreement or otherwise) shall constitute Covered Obligations without the necessity of any further action in respect of this Agreement.

  • The Total Aggregate Commitment shall be permanently reduced by an amount equal to one hundred percent (100%) of the amount of any Debt incurred pursuant to Section 9.1(j), such application to the Aggregate Commitment under this Agreement and/or the 364-Day Credit Agreement to be determined by the Borrowers in their sole discretion.

  • The Total Aggregate Commitment shall be permanently reduced by an amount equal to fifty percent (50%) of the aggregate Net Proceeds from any sale or disposition of assets permitted pursuant to Section 9.6(e), such application to the Aggregate Commitment under this Agreement and/or the Five-Year Credit Agreement to be determined by the Borrowers in their sole discretion.

  • The sum of the aggregate principal amount at any time outstanding under the Loans PLUS the L/C Obligations shall not at any time exceed the lesser of (i) the Total Aggregate Commitment or (ii) the Borrowing Base LESS Total Borrowing Base Indebtedness (exclusive of the outstanding amount of the Loans and L/C Obligations).


More Definitions of Total Aggregate Commitment

Total Aggregate Commitment means the total aggregate combined Commitments of Lenders, as increased as provided in Section 3.10 or decreased as provided in Section 4.16 or Section 4.17.
Sample 1
Total Aggregate Commitment means the collective reference to the Aggregate Commitment under this Agreement and the Aggregate Commitment (as defined in the 364-Day Credit Agreement) under the 364-Day Credit Agreement.
Sample 1
Total Aggregate Commitment means the total aggregate combined -------------------------- Commitments of the Banks. The Total Aggregate Commitment currently equals $275,000,000, and may decrease as provided in Section 4.18. ------------ "Total Borrowing Base Home Building Indebtedness" means the aggregate ----------------------------------------------- of all Senior Debt, plus all reimbursement obligations and other ---- obligations under any and all letters of credit related to the Company's home building operations, plus all unsecured obligations (excluding any ---- trade payables incurred in the ordinary course of business) of partnerships or joint ventures in which the Company is a general partner, or otherwise liable, plus the amount of all guaranties, suretyship agreements, or ---- similar agreements in which the Company agrees to answer for the indebtedness or other financial obligations of another person or entity, plus all unsecured indebtedness of the Company which is subordinate to the ---- Obligations. "Total Borrowing Base Home Building Indebtedness" shall not --- include indebtedness which is fully secured by real property or indebtedness which by its terms is non-recourse to the Company. The Majority Banks in their sole and absolute discretion may choose to exclude subordinated indebtedness from Total Borrowing Base Home Building Indebtedness.
Sample 1
Total Aggregate Commitment means the sum of the Aggregate U.S. Commitment and the Aggregate Canadian Commitment. Total Canadian Outstandings means the combined Canadian Outstandings of all Canadian Lenders.
Sample 1
Total Aggregate Commitment set forth in Section 1.1 of the Credit Agreement).
Sample 1
Total Aggregate Commitment means the total of the Aggregate Commitments hereunder and the "Aggregate Commitments" as defined in the L/C Credit Agreement.
Sample 1

Related to Total Aggregate Commitment

  • Aggregate Commitment means the aggregate of the Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Commitment is $500,000,000.

  • Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure at such time.

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • Revolving Credit Aggregate Commitment means Twenty Five Million Dollars ($25,000,000), subject to reduction or termination under Section 2.11 or 9.2 hereof.

  • Aggregate Commitments means the Commitments of all the Lenders.

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

  • Total Commitments means the aggregate of the Commitments of all the Lenders.

  • Aggregate Credit Exposure means, at any time, the aggregate Credit Exposure of all the Lenders at such time.

  • Aggregate Credit Exposures means, at any time, in respect of (a) the Term Facility, the aggregate amount of the Term Loans outstanding at such time and (b) in respect of the Revolving Credit Facility, the sum of (i) the unused portion of the Revolving Credit Facility at such time and (ii) the Total Revolving Credit Outstandings at such time.

  • Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Aggregate Revolving Commitment means the aggregate of the Revolving Commitments of all of the Revolving Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $1,000,000,000.

  • Aggregate Outstanding Credit Exposure means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders.

  • Aggregate Revolving Committed Amount means the aggregate amount of Commitments in effect from time to time, being initially One Hundred Fifty Million Dollars ($150,000,000) (as such amount may be increased as provided in Section 2.5 or reduced as provided in Section 2.9 from time to time).

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • 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.

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The amount of the Aggregate Revolving Commitments in effect on the Closing Date is SIX HUNDRED MILLION DOLLARS ($600,000,000).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Total Revolving Credit Exposure means, as to any Revolving Lender at any time, the unused Commitments and Revolving Exposure of such Revolving Lender at such time.

  • Aggregate Revolver Outstandings means, at any date of determination: the sum of (a) the unpaid balance of Revolving Loans, (b) the aggregate amount of Pending Revolving Loans, (c) one hundred percent (100%) of the aggregate undrawn face amount of all outstanding Letters of Credit, and (d) the aggregate amount of any unpaid reimbursement obligations in respect of Letters of Credit.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • 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 Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Aggregate Outstandings means, at a particular time, the sum of (a) the Aggregate Letters of Credit Outstandings at such time and (b) the aggregate outstanding principal amount of all Revolving Credit Loans at such time.

  • Revolver Commitments means the aggregate amount of such commitments of all Lenders.

  • Unused Revolving Commitment means, for any Lender at any time, the excess of (i) such Lender’s Revolving Commitment at such time over (ii) such Lender’s Revolving Facility Exposure at such time.