Total Syndicated Commitment definition

Total Syndicated Commitment means, at any time, an amount equal to the aggregate of all of the Syndicated Commitments at such time;
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Total Syndicated Commitment means the aggregate Revolving Commitments and the aggregate Revolving Commitments of the Lenders, taken together.
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Examples of Total Syndicated Commitment in a sentence

  • Subject to the requirements of Section 4.1(a), in respect of payments to the Lenders, the Outstandings of each Lender shall be reduced so as to, following such payment, be in the same proportion as the amount of the Syndicated Commitment of such Lender at such time bears to the Total Syndicated Commitment.

  • The company BASTAonlines’ main business is the operations of the BASTA-system.

  • Any such notice of cancellation is irrevocable and the amount of the Total Syndicated Commitment so cancelled may not be reinstated.

  • Subject to Section 4.2, at no time shall (i) the aggregate Outstanding Principal of all Swing Line Borrowings plus the Outstanding Principal of all Syndicated Borrowings exceed the Total Syndicated Commitment; or (ii) the aggregate Outstanding Principal of all Swing Line Borrowings exceed US$500,000,000.