Total Available Commitment definition

Total Available Commitment means the sum of the Available -------------------------- Commitments of all of the Lenders.

Total Available Commitment means, as of any date, the Total Commitment as of such date minus an amount equal to the excess of (i) the aggregate Net Cash Proceeds to be used as specified in all notices given by the Obligors' Representative to the Administrative Agent in accordance with Sections 2.03(b) hereof over (ii) the sum of (x) the aggregate amount of all reductions of the Total Commitment required by reason of the provisos to Section 2.03(b) with respect to such Net Cash Proceeds and (y) the aggregate amount of Loans (including the Loans requested to be made on such date) the proceeds of which have been or, upon the making thereof, will be used for the purposes specified in such notices in accordance with such Section.

Total Available Commitment means, at any time, the Total Commitment less (x) the Blocked Commitment and (y) the Additional Blocked Commitment.

Examples of Total Available Commitment in a sentence

• On or after the Effective Date, to make one or more Loans to the Obligors from time to time on any Business Day prior to the Commitment Termination Date in an aggregate principal amount not to exceed at any time outstanding such Bank's Commitment; provided that at no time shall the aggregate outstanding principal amount of all Loans exceed the Total Available Commitment.

• To the extent that, after giving effect to any repayment of the Loans and reduction of the Aggregate Commitment required by the preceding sentence, the sum of the Aggregate Outstandings of Credit of all Lenders exceeds the Total Available Commitment (as reduced), then (in addition to the Borrower's obligations under Section 4.2(c) above) any amounts remaining of such Debt Proceeds shall be deposited in the Cash Collateral Account.

• Each borrowing under the Total Available Commitment shall be in an amount equal to (x) in the case of ABR Loans, $5,000,000 or a whole multiple of $1,000,000 in excess thereof (or, if the then Total Available Commitment is less than $5,000,000, such lesser amount) and (y) in the case of Eurodollar Loans, $5,000,000 or a whole multiple of $1,000,000 in excess thereof.

• If at any time the Outstanding Amount exceeds the then applicable Total Available Commitment, Borrower shall immediately prepay Loans (or cause Letters of Credit to be cancelled) in an amount sufficient to reduce the Outstanding Amount to the then applicable Total Available Commitment.

• India has set the legal age for marriage at 18 for females and 21 for males, but certain castes and ethnic groups, especially in rural areas, tend to marry their children at younger ages.

More Definitions of Total Available Commitment

Total Available Commitment means, as to any Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Commitment then in effect over (b) the sum of (i) such Lender’s then outstanding Euribor Rate Loans and (ii) the Euro Equivalent Amount of such Lender’s then outstanding Offshore Rate Loans.

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

Total Available Commitment means an amount equal to:

Total Available Commitment in relation to any Bank at any time means, save as otherwise provided herein, the aggregate of its Available Dollar Commitment and the dollar equivalent of its Available Sterling Commitment at such time;

Total Available Commitment the sum of the Available Commitments -------------------------- of all the Lenders.

Total Available Commitment for any calendar year means the amount set out as the total available commitment from the PIDG Trust for such calendar year in Schedule 1 (as may be increased or decreased from time to time in accordance with the provisions of Clause 4.5); and

Total Available Commitment means in relation to the Facility, the aggregate for the time being of each Lender’s Available Commitment.