Determination of Commitment Amounts Sample Clauses

Determination of Commitment Amounts. 14 1.3.1. Initial Commitments....................................... 14 1.3.2. Mandatory Commitment Reductions for the Line of Credit Facility.................................................. 14 1.3.3. Voluntary Reduction of Commitment......................... 15 1.4. Advances............................................................ 15
Determination of Commitment Amounts. 17 1.3.1. Initial Commitment.................................. 17 1.3.2. Availability Under the Line of Credit Facility...... 17 1.4. Advances...................................................... 18 1.4.1.
Determination of Commitment Amounts. 18 1.4 Advances...................................................18 1.5 Payments in General........................................19 1.6 [Intentionally Blank]......................................23
Determination of Commitment Amounts. 7 1.3.1. Initial Commitment; Commitment Increases.....................................................7 1.3.2. Determination of Borrowing Base..............................................................7 1.3.3. Voluntary Reduction of Commitment............................................................8 1.4. Advances................................................................................................8 1.4.1.
Determination of Commitment Amounts 

Related to Determination of Commitment Amounts

  • Termination of Commitments Declare the Commitments terminated whereupon the Commitments shall be immediately terminated.

  • Termination of Commitment On the service of a notice under paragraph (a) of Clause 18.2, the Commitment and all other obligations of the Lender to the Borrower under this Agreement shall terminate.

  • Prepayment; termination of Commitment On the Agent notifying the Borrower under Clause 23.2, the Notifying Lender’s Commitment shall terminate; and thereupon or, if later, on the date specified in the Notifying Lender’s notice under Clause 23.1 as the date on which the notified event would become effective the Borrower shall prepay the Notifying Lender’s Contribution in accordance with Clause 8.

  • Reduction or Termination of Commitments Unless previously terminated, the Commitments shall terminate on the Revolving Commitment Termination Date. The Borrower shall have the right, upon not less than two Business Days’ written notice to the Administrative Agent, to terminate the Commitments or, from time to time, reduce the amount of the Commitments; provided, however, that the Borrower shall not terminate or reduce any Commitment if, after giving effect to any concurrent repayment of the Loans in accordance with Section 2.07 and Section 2.08, the total Credit Exposure of the Lenders would exceed the sum of total Commitments. Any reduction shall be accompanied by prepayment of the Loans to the extent, if any, that the total Credit Exposure of the Lenders then outstanding exceeds the sum of the total Commitments as then reduced. Any termination of the Commitments shall be accompanied by prepayment in full of the Loans then outstanding and the payment of any unpaid fees then accrued hereunder. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender thereof. Any partial reduction shall be in an amount of $5,000,000 or a whole multiple thereof and shall reduce permanently the total amount of the Commitments, together with a corresponding reduction in the aggregate amount of each Lender’s applicable Commitment. The Commitments, once terminated or reduced, may not be reinstated. Each reduction of the Commitments shall be made ratably among the Lenders in accordance with their Commitments (except for in connection with the termination of this Agreement as to any Lender pursuant to Section 10.15).

  • Scheduled Termination of Commitments Unless previously terminated, the Commitments shall terminate on the Maturity Date. If at any time the Aggregate Maximum Credit Amounts or the Borrowing Base is terminated or reduced to zero, then the Commitments shall terminate on the effective date of such termination or reduction.