US Loan Commitment definition

US Loan Commitment means the commitment by the Servicer to make Advances to a US Borrower in US Dollars in the amount not exceeding, and upon the terms described in, the applicable Funding Approval Notice and the applicable Loan Documents, which US Loan Commitment may be a US Line of Credit Commitment, US Revolving Commitment or a US Term Loan Commitment.
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US Loan Commitment as to any Lender, its obligation to make a Loan to the U.S. Borrower pursuant to subsection 2.1(a) in an aggregate amount not to exceed 0,51665 of its Loan Commitment; collectively, as to all Lenders, the “U.S. Loan Commitments.”
Sample 1
US Loan Commitment means, with respect to each Lender, the amount set forth opposite such Lender’s name on Schedule I hereto under the heading “U.S. Loan Commitment” (as such Schedule may be updated by any SPV from time to time by notice to the Facility Agent and the Administrators), or in the case of a Lender which becomes a party hereto pursuant to an Assignment and Assumption Agreement, as set forth in such Assignment and Assumption Agreement, minus the amount of any U.S. Loan Commitment or portion thereof assigned by such Lender pursuant to an Assignment and Assumption Agreement or any reductions in such Lender’s U.S. Loan Commitment pursuant to Section 2.4 hereof, plus the amount of any increase to such Lender’s U.S. Loan Commitment consented to by such Lender prior to the time of determination; provided, however, that from and after the Amortization Date, the amount of the U.S. Loan Commitment of any Lender shall equal the aggregate outstanding principal amount of all the U.S. Loans of such Lender outstanding as of the date of determination, and provided, further, that from and after the Termination Date or the Maturity Date, the amount of the U.S. Loan Commitment of any Lender shall equal zero.
Sample 1

Examples of US Loan Commitment in a sentence

  • Each Lender’s U.S. Loan Commitment shall terminate immediately and without further action on the Closing Date after giving effect to the funding of such Lender’s U.S. Loan Commitment on such date.

  • Subject to the terms and conditions hereof, each Lender severally agrees to make a loan in Dollars to the U.S. Borrower on the Closing Date, in a principal amount equal to such Lender’s U.S. Loan Commitment.

  • The U.S. Borrower may make only one borrowing under the U.S. Loan Commitment which shall be on the Closing Date.

  • Neither the US Loan Commitment nor the Canadian Commitment shall be permanently reduced by the amount of any such prepayments.

  • Each such note shall be in the principal amount of the US Loan Commitment of the applicable US Lender denominated in Dollars, dated the date such requesting US Lender became a US Lender hereunder and substantially in the form of Exhibit 1.1(a)(i) (each as amended, modified, extended, substituted, or replaced from time to time, a “US Note” and, collectively, the “US Notes”).

  • While 30.7% disagreed, quoting that the biometric technology can be violated and abused by an impostor.

  • Written notices for funding requests under the US Loan Commitment shall be in the form attached as Exhibit 1.1(a)(ii) (“Notice of US Revolving Credit Advance”).

  • The US Loan Commitment may, in addition to US Revolving Credit Advances, be utilized (subject to the limitations imposed by Section 1.1(a)), upon the request of US Borrower Representative on behalf of the applicable US Borrower, for the issuance of US Letters of Credit.

  • Any reduction of the US Loan Commitment shall not result in a pro rata or any other reduction of the US L/C Sublimit unless so designated in writing by US Borrower Representative or, unless the US Loan Commitment is reduced below $15,000,000, of the Canadian Commitment.

  • The revenues from each participant will be reviewed annually and/or at the end of theagreement to ensure that they equal or exceed the Floor price for each year of the agreement, up to the OAT revenue that the customer would have paid if it had not received the incentive.Applicant's rate under this schedule will be subject to an annual review, with potential additional lump- sum charges due to the City of Vernon or credits due to Applicant.

Related to US Loan Commitment

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

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

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • 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).

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

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

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

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

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • 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.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) 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 2.01 under the caption “Revolving Credit Commitment” or opposite such caption 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.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • U.S. Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.1(c).

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.