Tranche A Total Commitment definition

Tranche A Total Commitment. Usage shall mean, at any time, the sum of (i) the aggregate outstanding principal amount of all Tranche A Loans and (ii) the aggregate LC Exposure at such time.
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Tranche A Total Commitment means $125,000,000 (the “Base Commitment”); provided that for up to 10 consecutive days in any calendar month the Base Commitment shall be increased by $15,000,000 (such additional $15,000,000 commitment, the “Swing Line Commitment”), as such amount may be reduced from time to time pursuant to the terms of this Agreement or limited by order of the Bankruptcy Court; provided further that at least 10 days must elapse between the date the Swing Line Commitment is reduced to zero and the date on which any amount is redrawn under the Swing Line Commitment.
Sample 1
Tranche A Total Commitment means at any time the sum of the Tranche A Revolving Commitment and the Tranche A Term Commitment of all the Lenders.
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Examples of Tranche A Total Commitment in a sentence

  • Usually before the meeting, the speaker has been given some guidelines on how long to speak and the Chair may need to offer a reminder of the time limit, if it starts to appear necessary.

  • Other than the initial Tranche B Loans to be made on the Closing Date, the Borrower may not borrow or reborrow any Tranche B Loans prior to the repayment in full of all of the Tranche A Loans and the cancellation, or permanent reduction to zero, of the Tranche A Total Commitment.

  • On each Remittance Date, the Borrowers shall pay to the Agent for the account of the Tranche A Lenders a non-usage fee of 0.50 percent per annum on the average daily difference in a given month between the Tranche A Total Commitment (inclusive of the Swing Line Commitment) in effect as of the prior Remittance Date (less the average daily LC Exposure for such month) and the outstanding principal of Tranche A Revolving Loans (the “Nonusage Fee”), payable monthly in arrears on each Remittance Date.

  • No reduction of the Tranche A Total Commitment may be reinstated.

  • If at any time the sum of the outstanding amount of the Tranche A Loans exceeds the Tranche A Total Commitment then in effect, then the Borrower shall immediately pay the amount of such excess to the Agent for application to the Tranche A Loans.

  • With respect to its Pro Rata Share of the Tranche A Total Commitment hereunder, the Tranche A Revolving Loans made by it and the Tranche A Revolving Loan Notes issued to or held by it, the 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 Tranche A Lender or holder of a Tranche A Revolving Loan Note.

  • Should the Tranche A Exposure exceed the Tranche A Borrowing Base Amount or the Tranche A Total Commitment at any time, the Borrowers shall within one (1) Business Day repay the Tranche A Revolving Loans in the amount of such deficiency.

  • Such repayment will not reduce the Tranche A Borrowing Base Amount or the Tranche A Total Commitment unless such cash represents Proceeds of Tranche A Borrowing Base Assets, in which case the provisions in Section 2.07(b)(i) and Section 2.07(b)(ii) above shall apply, as applicable.

  • The Tranche A Total Commitment shall be reduced automatically by an amount equal to $3,500,000 on March 31, 2006.

  • On the Closing Date, after giving effect to the repayment by the Borrower of the Loans under the Original Agreement from the DZ Bank Securitization, the amount of availability under the Tranche A Total Commitment shall not be less than $2,000,000.


More Definitions of Tranche A Total Commitment

Tranche A Total Commitment means, at any time, the sum of the Tranche A Commitments at such time.
Sample 1
Tranche A Total Commitment. The sum of the Tranche A Commitments of the Tranche A Banks, as in effect from time to time, which shall not exceed the amount of $35,000,000."
Sample 1

Related to Tranche A Total Commitment

  • Tranche A Commitment means, with respect to each Lender, the -------------------- commitment, if any, of such Lender to make Tranche A Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche A Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $175,000,000.

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

  • Tranche B Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche B Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche B Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Tranche B Commitment, as the case may be. The initial aggregate amount of the Lenders’ Tranche B Commitments is $750,000,000.

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

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Facility B Commitment means a Facility B1 Commitment or a Facility B2 Commitment.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • Revolving Commitment Fee has the meaning specified in Section 2.09(a).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Aggregate Commitment means the aggregate of the Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Commitment is $500,000,000.

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • Aggregate Revolving Commitment means the aggregate of the Revolving Commitments of all of the Revolving Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $1,000,000,000.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Commitment Amount means, as the context may require, the Revolving Loan Commitment Amount, the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.