Lender Commitment Sample Clauses
The Lender Commitment clause defines the lender's obligation to provide financing under specified terms and conditions. It typically outlines the amount of funds to be made available, the timeframe for disbursement, and any conditions precedent that must be satisfied before the lender is required to fund the loan. This clause ensures that the borrower can rely on the lender's promise to provide financing, thereby facilitating planning and execution of the underlying transaction.
Lender Commitment. 9.1 Release loans to the Borrower in accordance with the contract.
9.2 Maintains the confidentiality of non-public information, except required by laws and regulations otherwise.
Lender Commitment. Upon receipt of a Loan Notice from Administrative Agent, the Lenders shall make such Loan, on a pro-rata basis, in accordance with their respective Applicable Percentage.
Lender Commitment. On the terms and subject to the conditions set forth in this Agreement, each Lender agrees to make loans to the SPV (each, a “Loan”, and collectively, the “Loans”) on a revolving basis from time to time before the earlier to occur of the Amortization Date and the Termination Date for such Lender in such amounts as may be from time to time requested by the SPV pursuant to Section 2.2; provided that:
(a) the aggregate outstanding principal amount of the Loans for any Lender shall not at any time exceed such Lender’s Commitment;
(b) the aggregate outstanding principal amount of the Loans for all Lenders shall not at any time exceed the Facility Limit; and
(c) the aggregate outstanding principal amount of the Loans for all Lenders on any Borrowing Date, after giving effect to the Loans to be made on such Borrowing Date, shall not exceed the Borrowing Base, as shown in the Borrowing Base Certificate which is delivered by the SPV to the Facility Agent in connection with such proposed Loans. Subject to the foregoing, the SPV may borrow, prepay and reborrow the Loans hereunder.
Lender Commitment. If for any reason any Lender fails or is otherwise unable to make payment to the Agent of any amount due under this Section 2.1(c), such Lender shall be deemed, at the option of the Agent, to have unconditionally and irrevocably purchased from PNC, without recourse or warranty, an undivided interest and participation in the applicable Swing Loan in the amount of such payment not made by such Lender and such interest and participation may be recovered from such Lender together with interest thereon at the Federal Funds Effective Rate for each day during the period commencing on the date of demand and ending on the date such amount is received. The Swing Loans shall be evidenced by the Swing Loan Note substantially in the form of Exhibit C-1 attached hereto.
Lender Commitment. Subject to the terms and conditions of this Agreement, the Lender agrees to make such loans (individually each a "Loan" and collectively the "Loans") to the Borrower as the Borrower may from time to time request; provided that all amounts loaned shall be used exclusively to advance Approved Purposes. Loans may take the form of funds advanced directly to the Borrower or amounts paid on the Borrower’s behalf and at the Borrower’s request to vendors, suppliers, service providers and others.
Lender Commitment. 8.1 To grant loans to the Borrower in accordance with this Contract.
8.2 Confidentiality of non-public data and information provided by the Borrower in relation to its financial and production operations, unless otherwise provided by laws and regulations and agreed in this Contract.
8.3 Lenders are not allowed to charge Borrowers commitment fees, fund management fees, financial advisory fees, consulting fees, legal person account overdraft commitment fees, credit reference fees, and other fees that are expressly required by the regulatory agencies to be prohibited by commercial banks for loans to small micro enterprise.
8.4 Lenders shall not force Borrowers to purchase wealth management, insurance, funds or other asset management products, and shall not lend in any way.
8.5 If the Lender breaches the terms of undertakings 8.1 to 8.4, the Borrower may, for example, call the 9▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ telephone number.
Lender Commitment. (i) Subject to the terms and conditions set forth in this Section 3, ▇▇▇▇▇▇ agrees to make, on the date hereof, and at any time prior to the Forbearance Period Advance Maturity Date (as hereinafter defined), one or more Revolving Loans to Borrower in an aggregate amount not to exceed the $1,050,000.00 (collectively, the “Forbearance Period Advances”). “Forbearance Period Advance Maturity Date” means the earlier to occur of (A) the Termination Date and (B) a Default (as defined in Section 20 hereof).
Lender Commitment. Subject to and upon the terms and conditions set forth in this Agreement and the Participation Agreement during the Commitment Period, each Lender agrees to make multiple, non-revolving loans in accordance with Section 4.2 of the Participation Agreement, to Borrower in an aggregate principal amount up to the amount of its Lender Commitment (each such advance, a "Loan").
Lender Commitment. Pro Rate Share ------------------------------- -------------- -------------- ABN AMRO Bank N.V. $ 12,019,230.77 4.807692308% Bank Hapoalim BM $ 4,807,692.31 1.923076924% Bank of America, N.A. $ 36,057,692.29 14.▇▇▇▇▇▇▇▇% Bank of Nova Scotia $ 21,634,615.38 8.▇▇▇▇▇▇▇▇▇% Bank One, NA $ 24,038,461.54 9.615384616% Bayerische Hypo-und Vereinsbank AG $ 14,423,076.92 5.769230768% Citicorp USA, Inc. $ 9,615,384.62 3.846153848% Credit Industriel et Commercial $ 12,019,230.77 4.807692308% Deutsche Bank AG $ 9,615,384.62 3.846153848% Dresdner Bank AG $ 9,615,384.62 3.846153848% DZ Bank AG Deutsche Zentral $ 9,615,384.62 3.846153848% Intesabci S.P.A. $ 4,807,692.31 1.923076924% Mizuho Corporate Bank Ltd. $ 9,615,384.62 3.846153848% Natexis Banque $ 4,807,692.31 1.923076924% Sumitomo Mitsui Banking Corporation $ 14,423,076.92 5.769230768% SunTrust Bank $ 21,634,615.38 8.653846152% U.S. Bank, National Association $ 9,615,384.62 3.846153848% Wachovia Bank, N.A. $ 21,634,615.38 8.653846152% $250,000,000.00 100.000000000% =============== =============
Lender Commitment. Banco Santander, S.A. $1,000,000,000 Citibank, N.A. $1,000,000,000 JPMorgan Chase Bank, N.A. $1,000,000,000 The Bank of Nova Scotia $1,000,000,000 TOTAL: $4,000,000,000 [[●][●], 20[●]]1 The Bank of Nova Scotia, as Administrative Agent Agency Services ▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇ Attn: ▇▇▇▇▇▇▇ ▇▇ Phone: +▇ ▇▇▇ ▇▇▇ ▇▇▇▇ Email: ▇▇▇▇▇▇▇.▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ ; ▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Ladies and Gentlemen: