Additional Commitment Notice definition

Additional Commitment Notice means a notice substantially in the form set out in Schedule 9 (Additional Commitment Notice) delivered by the Company to the Agent in accordance with Clause 2.3 (Additional Commitments).
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Additional Commitment Notice has the meaning assigned to such term in Section 10.17(b).
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Additional Commitment Notice has the meaning given to it in clause 3.2 (Additional Commitments).
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Examples of Additional Commitment Notice in a sentence

  • The Agent shall promptly execute the Additional Commitment Notice and notify the Company and the Accordion Lender upon being so satisfied.

  • Upon receipt of the Additional Commitment Notice, the Administrative Agent shall notify the then existing Lenders of the terms of such Additional Commitment Notice and each Lender’s pro rata share of the proposed Additional Commitment Amount.

  • Upon receipt of the Additional Commitment Notice, Administrative Agent shall notify the then existing non-Defaulting Lenders of the terms of such Additional Commitment Notice and each such Lender’s pro rata share (in proportion to the Applicable Percentages of the non-Defaulting Lenders) of the proposed Additional Commitment Amount and whether such Additional Commitment Amount shall increase the then outstanding Revolving Loan Commitments or Term Loan Commitments.

  • In the event of any dispute arising out of or related to this Agreement, the parties agree to enter into binding arbitration under the commercial rules of the American Arbitration Association.

  • Upon receipt of the Additional Commitment Notice, Administrative Agent shall notify the then existing non-Defaulting Lenders of the terms of such Additional Commitment Notice and each such Lender’s pro rata share (in proportion to the Applicable Percentages of the non-Defaulting Lenders) of the proposed Additional Commitment Amount.

  • Notwithstanding anything herein to the contrary, (A) Borrower’s rights to make Term Borrowings with respect to any Additional Commitment Amount pursuant to Section 10.17(c) shall expire six (6) months after the delivery of the applicable Additional Commitment Notice therefor, and (B) Borrower shall be permitted to make one single Term Borrowing in connection with each Additional Commitment Amount that Borrower elects to be provided in the form of additional Term Loan Commitments.

  • Notwithstanding the foregoing, during the period after the giving of the Additional Commitment Notice and prior to the Syndication Expiration Date, the Lender which is the Agent shall have the right, at its option, to commit to make the Additional Commitments available to the Borrower and, if the Lender which is the Agent shall so elect to commit to making the Additional Commitments available to the Borrower, to arrange a syndicate of Lenders with Commitments aggregating the Increased Facility Amount.

  • The Borrower may deliver an Additional Commitment Notice to the Lead Agent not more frequently than once every six (6) months until such time as the aggregate Additional Commitment has been obtained.

  • Upon receipt of the Additional Commitment Notice, Administrative Agent shall notify the then existing Lenders of the terms of such Additional Commitment Notice and each Lender’s pro rata share of the proposed Additional Commitment Amount.

  • For purposes hereof, the "Syndication Expiration Date" means the --------------------------- 116 date which is 90 days after the applicable Additional Commitment Notice was received by the Agent.


More Definitions of Additional Commitment Notice

Additional Commitment Notice shall have the meaning assigned to such term in Section 2.24(a).
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Additional Commitment Notice has the meaning given in Section 10.18(a).
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Additional Commitment Notice means a written notice delivered by the Company to the Parent Members at least three business days prior to the Closing, (a) setting forth the aggregate price of the shares of Company Common Stock to be purchased by the Parent Members at the Closing pursuant to paragraph (2) of this Agreement, and (b) allocating the aggregate price payable among the Parent Members based on the Proportionate Share of each Parent Member, (ii) “Additional Equity Commitment” shall mean the aggregate purchase price for the shares of Company Common Stock to be purchased by the Parent Members at the Closing, not to exceed $60,000,000, as designated in writing in the Additional Commitment Notice, (iii) “Per Share Price” shall mean, as of the Closing Date, the volume-weighted average price of the shares of Company Common Stock during the 10 consecutive trading day period ending on the trading day immediately preceding the Closing Date, calculated, for each such trading day, by dividing the aggregate value of the shares of Company Common Stock traded on the principal securities exchange or securities market on which the shares of Company Common Stock are then traded during regular hours (price per share multiplied by number of shares traded) by the total volume (number of shares) of the shares of Company Common Stock traded on such principal securities exchange or securities market for such trading day, as adjusted for combinations, consolidations, subdivisions, stock splits or similar transactions occurring during such 10 consecutive trading day period, (iv) “Proportionate Share” shall mean, as to each Parent Member, such Parent Member’s Percentage Interest (as defined in the RCAP Holdings LLC Agreement), (v) “RCAP Holdings LLC Agreement” shall mean the Third Amended and Restated Limited Liability Company Operating Agreement of RCAP Holdings, LLC dated as of December 28, 2012, as amended or restated from time to time, and (vi) “WMUPO Price” shall mean the same per share purchase price offered to the public as set forth in the Well-Marketed, Underwritten Public Offering.
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Additional Commitment Notice is defined in Section 14.23.
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Additional Commitment Notice has the meaning set forth in Section ---------------------------- 9.
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Related to Additional Commitment Notice