Applicable Commitment definition

Applicable Commitment has the meaning given it in Section 2.2
Applicable Commitment means the Tranche A-1 Commitment, the Tranche A-2 Commitment, the Tranche B Commitment, the Tranche C Commitment or the Tranche D Commitment, as the context may require.
Applicable Commitment means Assignor's Commitment under the Credit Agreement.

Examples of Applicable Commitment in a sentence

  • All such Continuations or Conversions of Loans shall be effected pro rata based on the Applicable Commitment Percentages of the Lenders.

  • Upon demand made by NationsBank, each Lender shall, according to its Applicable Commitment Percentage of such Swing Line Loan, promptly provide to NationsBank its purchase price therefor in an amount equal to its Participation therein.

  • Revolving Loans made by each Lender shall be evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.

  • All such continuations or conversions of Loans shall be effected pro rata based on the Applicable Commitment Percentages of the Lenders.

  • The Borrower agrees to pay to the Administrative Agent for account of each Lender a commitment fee, which shall accrue at the Applicable Commitment Fee Rate on the unused amount of the Commitment of such Lender, if any, on each day during the period from and including the Effective Date to the earlier of the date the Commitments terminate and the Revolver Termination Date.


More Definitions of Applicable Commitment

Applicable Commitment. Each Lender’s Domestic Revolving Loan Commitment, Canadian Revolving Loan Commitment, European Commitment or Australian Revolving Loan Commitment, as applicable.
Applicable Commitment shall have the meaning provided in Section 9.8(b).
Applicable Commitment means the Closing Date Tranche A Commitment, the Incremental Tranche A Commitment or the Tranche B Commitment, as applicable.
Applicable Commitment has the meaning specified in Section 2.19(b).
Applicable Commitment means, as to any Lender, its Domestic Commitment, Australian Commitment, Canadian Commitment or Japanese Commitment, as the context may require.
Applicable Commitment means, for any Lender, the obligation of such Lender to make a Credit Extension as and when available, up to the principal amount shown on Schedule 1.
Applicable Commitment means the Tranche A Commitment or the Tranche B Commitment, as the context may require.