Lender Commitments Clause Samples
The Lender Commitments clause defines the obligations and promises made by the lender to provide a specified amount of funds under agreed terms. It typically outlines the maximum amount the lender is willing to advance, the conditions that must be met before funds are disbursed, and any timeframes or limitations on the availability of the commitment. This clause ensures that both parties have a clear understanding of the lender's financial commitment, reducing uncertainty and providing assurance to the borrower that funds will be available as needed, provided all conditions are satisfied.
POPULAR SAMPLE Copied 1 times
Lender Commitments. Effective upon Closing, Schedule “G” to the Credit Agreement (which for certainty is attached as Appendix 1) is hereby replaced by the Schedule “G” attached to this Amending Agreement as Appendix 2.
Lender Commitments. The Administrative Agent shall have received proceeds of the Commitments of the Lenders for such Advance (it being understood that this condition is for the sole benefit of the Administrative Agent and may not be relied upon by any Lender as a condition to such Lender’s obligation to fund its pro rata share of the Advance).
Lender Commitments. 9.1 To issue loans to the Borrower as stipulated under the Contract.
9.2 To keep confidential non-public materials and information provided by the Borrower, unless laws and regulations require otherwise or the Contract stipulates otherwise.
Lender Commitments. Revolving Commitment Amount Pro Rata Share ----------------- --------------
Lender Commitments. Administrative Agent shall have received in cash the amount of each Lender’s respective Commitment of the Facility. Without limiting the generality of the provisions of the last paragraph of Section 10.03, for purposes of determining compliance with the conditions specified in this Section, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objection thereto.
Lender Commitments. Lender Commitments of Lender Applicable Percentage
Lender Commitments. Revolving Commitment Amount Pro Rata Share --------------------------- -------------- UNION BANK OF CALIFORNIA, N.A. $15,000,000 50% COMERICA BANK $15,000,000 50% =========== === Total: $30,000,000 100%
Lender Commitments. Buyer shall deliver to Seller a copy of the proposed lender's approval of the proposed financing.
Lender Commitments. Effective upon the completion of the Questfire Transaction, Schedule “G” to the Credit Agreement (which for certainty is attached as Appendix 1) is hereby replaced by the Schedule “G” attached to this Amending Agreement as Appendix 2. In the event that the Questfire Transaction is not completed, and until such time as the Questfire Transaction is completed, the Commitments of the Lenders as set out on Schedule “G” to the Credit Agreement (in the form attached as Appendix 1) will remain in full force and effect.
Lender Commitments. 9.1 extending the loan to the borrower in accordance with the contract. Non-public information and confidentiality of information 9.2 pairs provided by the borrower, except as otherwise provided in laws and regulations and this contract have agreed otherwise.