Examples of Total Loan Commitments in a sentence
In addition during any Fiscal Year (x) Agent may release Collateral having a book value of not more than 10% of the book value of all Collateral, (y) Agent, with the consent of Requisite Lenders, may release Collateral having a book value of not more than 25% of the book value of all Collateral and (z) Agent, with the consent of Lenders having 90% of (i) the Total Loan Commitments and (ii) Loans, may release all the Collateral.
Total Loan Commitments; Limitations on Outstanding Loan Amounts................................27 1.13.
The Total Loan Commitments shall be reduced permanently and automatically by an amount equal to the aggregate principal amount of any prepayment of Loans made pursuant to Section 7.3 (other than paragraph (i) thereof) during the Construction Period.
Any reduction in the Total Loan Commitments pursuant to the foregoing sentence shall permanently and automatically reduce (a) the Total Bank Project Loan Commitments by an amount equal to the aggregate principal amount of any Bank Loans which were prepaid pursuant to any such Section and (b) the Total Institutional Commitments by an amount equal to the aggregate principal amount of any Institutional Loans which were prepaid pursuant to any such Section.
In addition during any fiscal year of Borrower (x) Agent may release Collateral having a book value of not more than 10% of the book value of all Collateral, (y) Agent, with the consent of Requisite Lenders, may release Collateral having a book value of not more than 25% of the book value of all Collateral and (z) Agent, with the consent of Lenders having 90% of (i) the Total Loan Commitments and (ii) Loans, may release all the Collateral.
In addition during any Fiscal Year (x) the Agent may release Collateral having a book value of not more than 10% of the book value of all Collateral, (y) the Agent, with the consent of Requisite Lenders, may release Collateral having a book value of not more than 25% of the book value of all Collateral and (z) the Agent, with the consent of Lenders having 90% of (i) the Total Loan Commitments and (ii) Loans, may release all the Collateral.
Total Loan Commitments; Limitations on Outstanding Loan Amounts..
ATel agrees to pay the Agent a commitment commission ("Commitment Commission") for the account of each Bank for the period from and including the Effective Date to but not including the date the Total Loan Commitments have been terminated, computed at a rate equal to .50% per annum on the daily average Unutilized Commitment of such Bank.
Such Loans (i) may be repaid or prepaid (without premium or penalty) in accordance with the provisions hereof, but once repaid or prepaid, may not be reborrowed, (ii) shall not exceed for any such Lender the Commitment of such Lender, and (iii) shall not exceed in the aggregate the Total Loan Commitments.
Borrower and Co-Borrower agree to pay to Lender on the Closing Date a commitment fee (the “Commitment Fee”) equal to 2.0% multiplied by the Total Loan Commitments.