Commitment Two definition

Commitment Two means $10,000,000.
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Commitment Two means $3,000,000.
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Commitment Two means $10,000,000. “Commitment Two Warrant” mean the Warrant in favor of Lender to purchase securities of Borrower, substantially in the form of Exhibit C-2 attached to this Amendment 04 and issued in conjunction with Commitment Two. II. Section 1.1, the following definitions of the Agreement shall be deleted in its entirety and replaced with the following: “Basic Rate” (i) under Commitment One, as defined in the Notes, as amended pursuant to Amendment No. 01, and (ii) under Commitment Two, as defined in the Notes for Advances under Commitment Two. “Commitment” means Commitment One and Commitment Two. “Commitment Fee” means $10,000 under Commitment One and $10,000 under Commitment Two. “Commitment Termination Date” has occurred for Commitment One, and for Commitment Two it means the earliest to occur of (i) July 1, 2008; (ii) any Default or Event of Default, or (iii) Change of Management or Board Composition (unless Lender has waived this condition in writing). “Disclosure Schedule” means the Disclosure Schedule delivered to Lender in connection with the execution and delivery of Amendment No. 04 to this Agreement. “Loan Commencement Date” means (i) for Advances under Commitment One, as defined in the Notes, as amended pursuant to Amendment No. 01, and (ii) for Advances under Commitment Two, as defined in the Notes for Advances under Commitment Two.
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Examples of Commitment Two in a sentence

  • No Advance under Commitment Two will be made for less than $500,000.

  • The actual location of sampling units in the field will be semi-permanent to adhere to goals and objectives for monitoring under the safe harbor agreement (Marten Monitoring and Reporting Commitment Two) to achieve multiple estimates of occupancy and distribution over time and assess variation in those estimates and distribution of marten over the permit term.

  • To accomplish Marten Monitoring and Reporting Commitment Two, Green Diamond will establish a randomly located sampling frame for remote camera stations within its Initial Enrolled Lands and portions of the potential marten source area formerly owned by Green Diamond and now held in ownership by Western Rivers Conservancy and the Yurok Tribe.

  • The final Advance under Commitment Three of $296,972.97 is conditioned on Borrower having paid to Lender the September 2010 Scheduled Payment due under the Commitment Two Note.

  • A Note setting forth the specific terms of repayment will evidence each Advance under Commitment Two.

  • Each such notification shall be promptly confirmed by a Notice of Borrowing in substantially the form of Exhibit C hereto for Advances under Commitment One and in the form of Exhibit C-1 for Advances under Commitment Two.

  • The second Advance under Commitment Three of $296,972.97 is conditioned on Borrower having paid to Lender the August 2010 Scheduled Payment due under the Commitment Two Note.

  • Section 1.1, the following definitions of the Agreement shall be deleted in its entirety and replaced with the following: “Basic Rate” (i) under Commitment One, as defined in the Notes, as amended pursuant to Amendment No. 01, and (ii) under Commitment Two, as defined in the Notes for Advances under Commitment Two.

  • The obligation of Lender to make the Initial Advance under Commitment Two is subject the satisfaction of each of the following conditions: (a) This Amendment 04 duly executed by Borrower.

  • No Advance under Commitment Two or Commitment Three will be made for less than $500,000.


More Definitions of Commitment Two

Commitment Two means $1,000,000, available upon Borrower raising its Next Round Financing, provided Borrower provides Lender with copies of the executed version of such documentation and evidence reasonably acceptable to Lender of the initial closing of at least $2,000,000 thereunder.
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Commitment Two means Eight Million Dollars ($8,000,000).
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Commitment Two means $7,000,000.
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Commitment Two means $9,000,000.
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Related to Commitment Two

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Loan Commitment means, with respect to a Loan, the maximum aggregate amount, as defined by Lender in the applicable Commitment Letter, of advances available to be disbursed on such Loan.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.