Aggregate Committed Amount definition
Examples of Aggregate Committed Amount in a sentence
Subject to the terms and conditions hereof, Buyers severally, not jointly, agree to enter into Transactions with Seller for a Purchase Price outstanding at any one time not to exceed the Aggregate Committed Amount; however, the Buyers may agree from time to time to enter into Transactions with Seller for a Purchase Price outstanding in excess of the Aggregate Committed Amount but not to exceed the Maximum Purchase Price.
The Aggregate Exposure does not exceed the Aggregate Committed Amount.
Subject to the terms and conditions hereof, Buyers severally, not jointly, agree to enter into Transactions with Sellers for a Purchase Price outstanding at any one time not to exceed the Aggregate Committed Amount; however, the Buyers may agree from time to time to enter into Transactions with Sellers for a Purchase Price outstanding in excess of the Aggregate Committed Amount but not to exceed the Maximum Purchase Price.
Once decreased, the Aggregate Committed Amount may no longer be increased under Section 2.01(b).
The Revolving Commitments may be terminated or permanently reduced in whole or in part upon three (3) Business Days' prior written notice to the Agent, provided that (i) after giving effect to any voluntary reduction the aggregate amount of Obligations shall not exceed the Aggregate Committed Amount, as reduced, and (ii) partial reductions shall be in a minimum principal amount of $2,000,000, and in integral multiples of $1,000,000 in excess thereof.