Total Commitment definition

Total Commitment means, at any time, the sum of the Commitments of each of the Lenders at such time.
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Total Commitment means the sum of the Commitments of the Lenders.
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Total Commitment means, at any time, the sum of the Commitments of each of the Banks.
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Examples of Total Commitment in a sentence

  • SCHEDULE A LOAN TERMS BORROWER: ZSPACE, INC., a Delaware corporation LOAN Total Commitment: Up to $5,000,000, with (i) $2,500,000 (net of any closing, funding or other fees or Lender Expenses) which has already been disbursed under the short form agreement dated September 12, 2022 (the “Tranche I Loan”), and (ii) an additional $2,500,000 on or prior to November 10, 2022 (the “Tranche II Loan”).

  • The Borrowers shall not be permitted to reduce the Total Commitment Amount unless, concurrently with any reduction, the Borrowers shall make a principal payment on each Lender’s then outstanding Revolving Credit Loans in an amount equal to the excess, if any, of such Revolving Credit Loans, plus the aggregate Risk Participation Exposure, over the Commitment of such Lender as so reduced.

  • With respect to its Pro Rata Share of the Total Commitment hereunder and the Loans made by it, each Agent shall have and may exercise the same rights and powers hereunder and is subject to the same obligations and liabilities as and to the extent set forth herein for any other Lender or maker of a Loan.

  • Each reduction of the aggregate Commitments shall be made among the Lenders in accordance with their respective Ratable Portions and shall be allocated ratably to the Total Commitment Amount.

  • Any partial reduction in the Total Commitment Amount shall be irrevocable and effective during the remainder of the Commitment Period.


More Definitions of Total Commitment

Total Commitment means the sum of the Total Revolving Credit Commitment and the Total Term Loan Commitment.
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Total Commitment shall have the meaning assigned to such term in Section 2.1.
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Total Commitment means, with respect to each Lender, its Total Commitment, and, with respect to all Lenders, their Total Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 attached hereto or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.
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Total Commitment means, at any time, the aggregate amount of the Commitments, as in effect at such time.
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Total Commitment means at any time the aggregate amount of the Banks' Commitments, as in effect at such time.
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Total Commitment means at any time the aggregate amount of the Commitments in effect at such time.
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Total Commitment means, at any time, the sum of the Total Initial Term Loan Commitment and the Total Incremental Term Loan Commitment.
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