Common use of The Commitment Clause in Contracts

The Commitment. Subject to the terms and conditions herein set out, the Bank agrees and commits, from time to time, from the Closing Date until the Termination Date, to make loan advances to the Borrower, and/or any Co-Borrower and to issue letters of credit, all in an aggregate principal amount not to exceed, at any one time outstanding, the lesser of (a) Forty Million Dollars ($40,000,000.00); or (b) the Borrower's Borrowing Base, as defined in Section One.

The Commitment. Subject to the terms and conditions herein set out, the Bank agrees and commits, from time to time, from the Closing Date until the Termination Date, to make loan advances to the Borrower, and/or any Co-Borrower and to issue commercial and standby letters of credit, all in an aggregate principal amount not to exceed, at any one time outstanding, the lesser of (a) Forty Million Dollars ($40,000,000.00); or (b) the Borrower's Borrowing Base, as defined in Section Article One.

The Commitment. Subject to the terms and conditions herein set out, the Bank agrees and commits, from form time to time, from the Closing Date until the Termination Date, to make loan advances to the Borrower, and/or any Co-Borrower and to issue letters of credit, all in an aggregate principal amount not to exceed, at any one time outstanding, the lesser of (a) Forty Fifty Million Dollars ($40,000,000.0050,000,000.00); or (b) the Borrower's Borrowing Base, Base as defined in Section Article One.

The Commitment. Subject to the terms and conditions herein set out, the Bank agrees and commits, from time to time, from the Closing Date until the Termination Date, to make loan advances to the Borrower, and/or any Co-Borrower Borrower, and to issue letters of credit, all in an aggregate principal amount not to exceed, at any one time outstanding, the lesser of (a) Forty Twenty Million Dollars ($40,000,000.0020,000,000.00); or (b) the Borrower's Borrowing Base, as defined in Section One.

The Commitment. Subject to the terms and conditions herein set out, the Bank agrees and commits, from time to time, from the Closing Date until the Termination Date, to make loan advances to the Borrower, and/or any Co-Borrower and to issue letters commercial and standby letter of credit, all in an aggregate principal amount not to exceed, at any one time outstanding, outstanding the lesser of (a) Forty Million Dollars ($40,000,000.00); ) or (b) the Borrower's Borrowing Base, as defined in Section Article One.

The Commitment. Subject to the terms and conditions herein set out, the Bank agrees and commits, from time to time, from the Closing Date until the Termination Date, to make loan advances to the Borrower, and/or any Co-Borrower and to issue letters commercial and standby letter of credit, all in an aggregate principal amount not to exceed, at any one time outstanding, outstanding the lesser of (a) Forty Thirty Million Dollars ($40,000,000.0030,000,000.00); or (b) the Borrower's Borrowing Base, as defined in Section Article One.

The Commitment. Subject to the terms and conditions herein set out, the Bank agrees and commits, from time to time, from the Closing Date until the Termination Date, to make loan advances to the Borrower, and/or any Co-Borrower and to issue letters of credit, all in an aggregate principal amount not to exceed, at any one time outstanding, outstanding the lesser sum of (a) Forty Twenty Million Dollars ($40,000,000.0020,000,000.00); or (b) the Borrower's Borrowing Base, as defined in Section One.

The Commitment. Subject to the terms and conditions herein set out, the Bank agrees and commits, from time to time, from the Closing Date until the Termination Date, to make loan advances to the Borrower, and/or any Co-Borrower and to issue letters of credit, all in an aggregate principal amount not to exceed, at any one time outstanding, the lesser of (a) Forty Thirty-Five Million Dollars ($40,000,000.0035,000,000.00); or (b) the Borrower's Borrowing Base, Base as defined in Section Article One.

The Commitment. Subject to the terms and conditions herein set out, the Bank agrees and commits, from time to time, from the Closing Date until the Termination Date, to make loan advances to the Borrower, and/or any Co-Borrower and to issue commercial and standby letters of credit, all in an aggregate principal amount not to exceed, at any one time outstanding, the lesser of (a) Forty Sixty Million Dollars ($40,000,000.0060,000,000.00); or (b) the Borrower's Borrowing Base, as defined in Section Article One.