Increased Commitment Amount definition

Increased Commitment Amount has the meaning specified in Section 2.18(b).
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Increased Commitment Amount shall have the meaning given to that term in Section 14.1.
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Increased Commitment Amount means, at any time, aggregate amount of all increases pursuant to this proviso made at or prior to such time less the aggregate amount of all voluntary reductions of the Revolving Credit Commitments made prior to such time. Any such waiver and any such amendment, supplement or modification shall apply equally to each of the affected Lenders and shall be binding upon the Borrower, the Canadian Borrower, such Lenders, the Administrative Agent and all future holders of the affected Loans. In the case of any waiver, the Borrower, the Lenders and the Administrative Agent shall be restored to their former positions and rights hereunder and under the other Credit Documents, and any Default or Event of Default waived shall be deemed to be cured and not continuing, it being understood that no such waiver shall extend to any subsequent or other Default or Event of Default or impair any right consequent thereon.
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Examples of Increased Commitment Amount in a sentence

  • Effective on the effective date of this Supplement pursuant to Section 2 below, each of the undersigned Increasing Lenders hereby agrees to increase its Commitment by the amount of its applicable Increased Commitment Amount.

  • Subject to Section 3 above, each Increasing Lender and New Lender severally and not jointly agrees on the Borrowing Date to make its portion of the Additional Loan Advances provided for in this Supplement to the Borrower on the Borrowing Date, in a principal amount equal to such Increasing Lender’s Increased Commitment Amount or such New Lender’s New Commitment Amount, as applicable, in accordance with Section 2.16.(c) of the Loan Agreement.

  • From the Closing Date through the Commitment Increase Date, each Bank's Commitment shall be the amount set forth on Schedule 1 hereto under the heading "Initial ---------- Commitment Amount" and after the Commitment Increase Date, each Bank's Commitment shall be the amount set forth on Schedule 1 hereto under the heading ---------- "Increased Commitment Amount".

  • Effective on the effective date of this Supplement pursuant to Section 3 below, each of the undersigned Increasing Lenders hereby agrees to increase its Commitment by the amount of its applicable Increased Commitment Amount.

  • The credit facility established hereby is not a revolving credit facility; except as set forth in Section 2.8(c) with respect to the adjustments following any Increased Commitment Amount, the Borrower may not re-borrow the amount of any Term Loan that has been repaid.


More Definitions of Increased Commitment Amount

Increased Commitment Amount means, at any time, the aggregate amount of all increases pursuant to this proviso made at or prior to such time less the aggregate amount of all voluntary reductions of the Revolving Credit Commitments made prior to such time and provided further, that without the consent of any Lender, the relevant Credit Party or Credit Parties and the Administrative Agent and/or Collateral Agent may (in their respective sole discretion, or shall, to the extent required by any other Credit Document) enter into any amendment, modification or waiver of any Credit Document, or enter into any new agreement or instrument, to effect the granting, perfection, protection, expansion or enhancement of any security interest in any Collateral or additional property to become Collateral for the benefit of the Secured Parties, or as required by local law to give effect to, or protect any security interest for the benefit of the Secured Parties, in any property or so that the security interests therein comply with applicable law. Any such waiver and any such amendment, supplement or modification shall apply equally to each of the affected Lenders and shall be binding upon the US Borrower, the UK Borrower, such Lenders, the Administrative Agent and all future holders of the affected Loans. In the case of any waiver, the US Borrower, the Lenders and the Administrative Agent shall be restored to their former positions and rights hereunder and under the other Credit Documents, and any Default or Event of Default waived shall be deemed to be cured and not continuing, it being understood that no such waiver shall extend to any subsequent or other Default or Event of Default or impair any right consequent thereon. Upon any sale or other transfer to any Person (other than the US Borrower and any Restricted Domestic Subsidiary) by any Credit Party of any Collateral that is permitted under the Credit Agreement, the relevant Credit Party, together with the Administrative Agent and/or Collateral Agent, shall be permitted, without consent of any Lender, to amend, modify or waive any provision of the Pledge Agreement, the Security Agreement, the Foreign Security Documents or the Mortgages, as applicable, to the extent necessary to effect release of the security interest in such Collateral.
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Increased Commitment Amount is defined in Section 2.20.
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Increased Commitment Amount is defined in Section 10.1.
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Increased Commitment Amount is defined in SECTION 2.21.
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Increased Commitment Amount means the principal amount of Three Hundred Fifty Million Dollars ($350,000,000) (or such lesser amount or amounts as shall be determined pursuant to Section 2.8(b) or (c) hereof).
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Increased Commitment Amount means, as to each Bank, so long as 100% of the Original Commitment Amount is outstanding, the obligation of such Bank to make Loans in an aggregate amount not exceeding the amounts set opposite such Bank's name under the subcaption "Increased Commitment Amount" on Attachment I to the Sixth Amendment (as the same may be reduced at any time or from time to time pursuant to Section 2.03 hereof).
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Increased Commitment Amount means at any time, the aggregate amount of all increases pursuant to this proviso made at or prior to such time less the aggregate amount of all voluntary reductions of the Revolving Loan Commitment Amount made prior to such time. No failure or delay on the part of any Agent, the Issuer or any Lender in exercising any power or right under this Agreement or any other Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such power or right preclude any other or further exercise thereof or the exercise of any other power or right. No notice to or demand on the Borrower in any case shall entitle it to any notice or demand in similar or other circumstances. No waiver or approval by any Agent, the Issuer or any Lender under this Agreement or any other Loan Document shall, except as may be otherwise stated in such waiver or approval, be applicable to subsequent transactions. No waiver or approval hereunder shall require any similar or dissimilar waiver or approval thereafter to be granted hereunder.
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