Total Commitment Amount definition

Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.
Total Commitment Amount on any day, the sum of the Commitment Amounts of all Lenders on such day.
Total Commitment Amount means the Closing Commitment Amount, as such amount may be increased up to the Maximum Commitment Amount pursuant to Section 2.9(b) hereof, or decreased pursuant to Section 2.9(a) hereof.

Examples of Total Commitment Amount in a sentence

  • 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.

  • 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 Amount

Total Commitment Amount means the principal amount of Five Hundred Million Dollars ($500,000,000), as such amount may be increased pursuant to Section 2.9(b) hereof, or decreased pursuant to Section 2.9(a) hereof.
Total Commitment Amount means, with respect to a particular Credit Facility or both Credit Facilities, as the context so requires, at any particular time, the aggregate of the Individual Commitments with respect thereto of all of the relevant Lenders at such time.
Total Commitment Amount means the principal amount of One Hundred Seventy-Five Million Dollars ($175,000,000) (or such lesser amount as shall be determined pursuant to Section 2.5 hereof).
Total Commitment Amount means, at any time, the then aggregate amount of the Commitments of all Lenders hereunder. The Total Commitment Amount is $300,000,000 as of the Effective Date, and is subject to increase in accordance with Section 2.8 or decrease.
Total Commitment Amount means the principal amount of Two Hundred Fifty-Eight Million Seven Hundred Thirty Thousand Dollars ($258,730,000), or such lesser amount as shall be determined pursuant to Section 2.9(e) hereof; provided that, for the purposes of determining the Total Commitment Amount, Agent may, in its discretion, calculate the Dollar Equivalent of any Alternate Currency Loan on any Business Day selected by Agent.
Total Commitment Amount means the obligation of the Banks hereunder to make Loans (other than Swing Line Loans) and to issue Letters of Credit up to the maximum aggregate principal Dollar Equivalent amount of One Billion One Hundred Fifty Million and 00/100 Dollars ($1,150,000,000.00) or such greater amount as may be applicable in accordance with the provisions of Section 2.21 hereof.
Total Commitment Amount means the obligation of the Banks hereunder to make Loans (other than Swing Line Loans) and to issue Letters of Credit up to the maximum aggregate principal Dollar Equivalent amount of Seven Hundred Eighty-Five Million and 00/100 Dollars ($785,000,000.00) or such greater amount as may be applicable in accordance with the provisions of Section 2.21 hereof.