Total Commitments of the Banks definition

Total Commitments of the Banks shall have the meaning set forth in Section 2.l hereof.
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Total Commitments of the Banks means the aggregate of each Bank's Commitment which on the date hereof total $420,963,733.
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Total Commitments of the Banks means the aggregate of each Bank's Commitment which on the date of the First Amendment hereto totals $423,709,254.
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Examples of Total Commitments of the Banks in a sentence

  • In the event of such extension, the Commitment of each Non-Extending Bank shall terminate on the Current Maturity Date applicable to such Non-Extending Bank, all Loans and other amounts (including non-contingent L/C Obligations) payable hereunder to such Non-Extending Bank shall become due and payable on such Current Maturity Date and the Total Commitments of the Banks hereunder shall be reduced by the aggregate Commitments of Non-Extending Banks so terminated on such Current Maturity Date.

  • The following description of our capital stock and provisions of our amended and restated articles of incorporation (Articles of Incorporation) and Amended and Restated Bylaws (Bylaws) are summaries, are not intended to be complete and are qualified in their entirety by reference such Articles of Incorporation and Bylaws, copies of which have been filed as exhibits to our registration statement, of which this prospectus forms a part.

  • Any such voluntary prepayment of principal shall, in the case of a Syndicated Loan, to that extent increase the amount (immediately prior to such prepayment) of the unused Total Commitments of the Banks available to the Company under the terms of this Agreement.

  • The Company shall have the right at any time or from time to time upon not less than two (2) Business Days' prior written notice to the Administrative Agent to reduce the Total Commitments of the Banks, in whole or in part, provided that each partial reduction shall be in an aggregate amount of not less than $25,000,000 and an integral multiple of $5,000,000, and shall reduce the respective Commitments of all the Banks proportionately.

  • In the event that an Event of Default under (c) above should occur, the Total Commitments of the Banks shall automatically terminate and the principal of and accrued interest on any Term Loans then outstanding and any accrued fees shall automatically become due and payable, without protest, presentment, notice or demand, all of which are expressly waived by the Company.

  • The obligation of each Bank to make Term Loans to the Company is hereby referred to as the Bank's "Commitment" and collectively as the "Total Commitments of the Banks".

  • Each Bank, so long as it has made the payment required to be made by it pursuant to Section 4.1(b) hereof, shall share in accordance with its pro rata share of the Total Commitments of the Banks in any interest which accrues pursuant to Section 4.4(b) hereof.

  • All amounts recovered by the Agent hereunder and which are applied by the Agent to the Reimbursement Obligations of the Company under Section 2.3 hereof shall be distributed by the Agent to the Banks who have made the payments required to be made by them pursuant to Section 2.1(b) hereof pro rata in accordance with their respective share of the Total Commitments of the Banks.

  • Any increase in the Total Commitments of the Banks beyond the parameters set forth above or other than as expressly permitted by this Section 2.3. shall require the prior written consent of the Agent Bank and each of the Banks.

  • The obligation of each Bank to make Syndicated Loans to the Company, and to participate in the Reimbursement Obligations with respect to Letters of Credit issued hereunder, is hereby referred to as the Bank's "Commitment" and collectively as the "Total Commitments of the Banks".

Related to Total Commitments of the Banks

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

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being US$250,000,000 at the date of this Agreement.

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

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being US$830,000,000 at the date of this Agreement.

  • Revolving Commitments means, collectively, the Dollar Commitments and the Multicurrency Commitments.

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

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.

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

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

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Facility A Commitment means, with respect to each Facility A Lender, the commitment, if any, of such Lender to make Facility A Revolving Loans and to acquire participations in Facility A Letters of Credit, Facility A Protective Advances and Facility A Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility A Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility A Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility A Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility A Commitments is $150,000,000.

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

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The initial amount of the Aggregate Revolving Commitments in effect on the Closing Date is $300,000,000.

  • Other Revolving Credit Commitments means one or more Classes of revolving credit commitments hereunder that result from a Refinancing Amendment.

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.

  • Aggregate Revolving Credit Commitments means the Revolving Credit Commitments of all the Lenders.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Extended Revolving Credit Commitments shall have the meaning provided in Section 2.14(g)(ii).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.