Initial Commitments definition
Initial Commitments means the initial amounts of Commitments so identified in the Commitment Schedule.
Initial Commitments means, as to any Initial Lender, the obligation of such Initial Lender, if any, to make an Initial Loan to the Borrower hereunder (to be deposited in the Escrow Account pending consummation of the Acquisition on the Acquisition Effective Date) in a principal amount not to exceed the amount set forth under the heading “Initial Commitment” opposite such Initial Lender’s name on Schedule 1.01(a) or, as the case may be, in the Assignment and Assumption pursuant to which such Initial Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The aggregate principal amount of the Initial Commitments on the Closing Date is $2,500,000,000.
Initial Commitments means the Commitments existing as of the Closing ------------------- Date which in the aggregate shall be equal to the Maximum Facility Amount as of the Closing Date.
Examples of Initial Commitments in a sentence
Accrued commitment fees shall be payable in arrears on the first Business Day of each January, April, July and October for the quarterly period then ended (commencing on July 1, 2021) and on the date -114- on which the Initial Commitments terminate.
More Definitions of Initial Commitments
Initial Commitments means the Commitments of a Lender at the time it became a party to this Agreement as a Lender.
Initial Commitments means, with respect to each Lender, the commitment (excluding any Step-Up Date Commitment) of such Lender to make Loans and to acquire participations in Letters of Credit hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolving Credit Exposure hereunder, as such commitment may be (a) reduced or increased from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Initial Commitment as of the Closing Date is set forth on Schedule I, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Initial Commitment, as applicable. The initial aggregate amount of the Lenders’ Initial Commitments as of the Closing Date is $75,000,000.
Initial Commitments means, with respect to each Lender, the commitment (excluding any Step-Up Date Commitment) of such Lender to make Loans and to acquire participations in Letters of Credit hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolving Credit Exposure hereunder, as such commitment may be (a) reduced or increased from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Initial Commitment as of the Restatement Effective Date is set forth on Schedule I, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Initial Commitment, as applicable. The initial aggregate amount of the Lenders’ Initial Commitments as of the Restatement Effective Date is $615,000,000.
Initial Commitments has the meaning assigned to such term in Section 2.06(d)(iv)(H).
Initial Commitments has the meaning given in Clause 4.1; “Initial Investments” has the meaning given in Clause 4.1; “Initial Investors” has the meaning given in Clause 4.1; “Investment Date” has the meaning given in Clause 4.1; “Investors” has the meaning given in Clause 4.1;
Initial Commitments the Commitments in effect on the Effective Date, prior to giving effect to any Commitment Increases.
Initial Commitments means the Commitments made available to the Borrower pursuant to Section 2.01 on the Closing Date, as the same may be (a) reduced from time to time pursuant to Section 2.09 or (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.03. The aggregate amount of the Initial Commitments as of the Closing Date is $50,000,000.