Extending Commitments definition
Extending Commitments shall have the meaning set forth in Section 2.16(b)(ii).
Extending Commitments has the meaning specified in Section 2.19(b).
Extending Commitments means, as to each Lender, the amount set forth under the caption “Commitment” opposite such Lender’s name on Schedule 1.01(b)(ii), or, as the case may be, opposite such caption in the Assignment and Acceptance pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. As of the Effective Date, the aggregate amount of Extending Commitments is $116,000,000.
Examples of Extending Commitments in a sentence
Immediately following the occurrence of the Amendment No. 2 Effective Date, the aggregate amount of the Lenders’ Extending Commitments shall be as set forth on Annex I hereto.
Each of the Borrower and each Consenting Lender hereby agrees that, effective as of (and subject to the occurrence of) the Amendment No. 2 Effective Date, each Consenting Lender’s Existing Loans and Existing Commitments (each, as defined below) shall be deemed to be Extending Loans and Extending Commitments and the Maturity Date in respect of such Extending Loans and Extending Commitments shall be October 15, 2027 (the “Extension”), all as more fully set forth in the Conformed Credit Agreement.
More Definitions of Extending Commitments
Extending Commitments has the meaning assigned to the term “Extending Commitments” in the Second Amendment.