Total Maximum Commitment definition

Total Maximum Commitment means, at any date of determination, (a) on and after the Closing Date and prior to the Commitment Termination Date, $266,000,000 and (b) on and after the Commitment Termination Date, zero; provided, that (1) the calculations in this definition shall be made after giving effect to all issuances, payments and other transactions contemplated on the applicable date; and (2) the Total Maximum Commitment may be reduced as provided in Sections 2.2, 2.3.5 and 9.12(c).
Total Maximum Commitment means, at the time any determination thereof is to be made, the sum of the respective Maximum Commitments, Additional Term Loan Commitments, Supplemental Revolving Loan Commitments, D Tranche Term Loan Commitments and E Tranche Term Loan Commitments of the Lenders at such time.
Total Maximum Commitment means, with respect to each Credit Agreement, the highest Total Commitment in effect under such Credit Agreement during the period from the date hereof until (and including) the date payment is due under paragraph (a) above. You agree that, once paid, the Underwriting Fee or any part thereof payable hereunder shall not be refundable under any circumstances, regardless of whether the transactions or borrowings contemplated by the Credit Agreements are consummated. The Underwriting Fee shall be paid in immediately available funds and shall be in addition to reimbursement of out-of-pocket expenses of the Joint Lead Arrangers and the Initial Underwriters pursuant to the Syndication Letter, dated the date hereof (the "SYNDICATION LETTER"), among TUC, the Initial Underwriters and the Joint Lead Arrangers. You agree that the Initial Underwriters may, in their sole discretion, share all or a portion of any of the Underwriting Fee with any of the other Lenders.

Examples of Total Maximum Commitment in a sentence

  • Any reduction in Commitments made pursuant to this Section 9.12(c) shall permanently reduce the amount resulting from each calculation of Total Maximum Commitment thereafter.

  • Upon the issuance of any additional Securities in accordance with this Section 2.14, the Total Maximum Commitment shall be deemed to have been increased by the aggregate principal amount of such newly issued Securities.

  • Any reduction in Commitments made pursuant to this subsection 9.12(c) shall permanently reduce the amount resulting from each calculation of Total Maximum Commitment thereafter.


More Definitions of Total Maximum Commitment

Total Maximum Commitment means, at any date of determination, (a) on and after the Closing Date and prior to the Commitment Termination Date, $473,000,000 and (b) on and after the Commitment Termination Date, zero; provided, that (1) the calculations in this definition shall be made after giving effect to all issuances, payments and other transactions contemplated on the applicable date; (2) the Total Maximum Commitment may be reduced as provided in Sections 2.2, 2.3.5 and 9.12(c); and (3) in no event shall the Total Maximum Commitment at any time after the Ramp-Up Period exceed the amount of the Total Maximum Commitment in effect on the last day of the Ramp-Up Period.
Total Maximum Commitment means (a) on the Closing Date $137,950,000 pursuant to a Commitment under which Loans are made and $20,620,000 in Preferred Stock; provided that on or before April 8, 2011 the Borrower may, upon prior written notice to the Administrative Agent, choose to increase the Total Maximum Commitment to an amount that shall not exceed (i) the quotient (rounded to the nearest one one-hundredth thereof) of (A) the aggregate amount of Common Stock issued by April 8, 2011 less all underwriting commissions and expenses related to such issuance divided by (B) 65% less (ii) the amount in clause (i)(A) above; provided, further, that no more than 87% of the number derived in the preceding proviso shall be a Commitment under which Loans are made, with the balance issued as Preferred Stock; provided, further, that as of the Effective Date, the Total Maximum Commitment will be equal to the aggregate amount of Loans and Preferred Stock then outstanding, and (b) on and after the Commitment Termination Date, zero. The calculations in this definition shall be made after giving effect to all issuances, payments and other transactions contemplated on the applicable date, and the Total Maximum Commitment may be reduced as provided in Section 3.3(a). "Transaction Documents" means this Agreement, the other Credit Documents, the Preferred Stock, the Borrower Organization Agreement and any other agreement executed and delivered by the Borrower in connection with the foregoing. "UCC" means, with respect to any jurisdiction, the Uniform Commercial Code as from time to time in effect in such jurisdiction. "United States" or "U.S." means the United States of America, its 50 States, the District of Columbia and the Commonwealth of Puerto Rico. "Value" has the meaning assigned to such term in Section 2(a)(41) of the Investment Company Act. "Welfare Plan" means a "welfare plan," as such term is defined in section 3(l) of ERISA. "WFBNA" means ▇▇▇▇▇ Fargo Bank, National Association, a national banking association, in its individual capacity, and its successors and assigns.
Total Maximum Commitment. At any date of determination, (a) on and after the Closing Date and prior to the Draw Period Termination Date, $216,000,000 and (b) on and after the Draw Period Termination Date, zero; provided, that the Total Maximum Commitment may be increased in accordance with Section 2.14 or reduced as provided in Section 9.3.
Total Maximum Commitment means (a) $122,704,615 pursuant to a Commitment under which Loans are made and $30,680,000 in Preferred Stock, and (b) on and after the Commitment Termination Date, zero. The calculations in this definition shall be made after giving effect to all issuances, payments and other transactions contemplated on the applicable date, and the Total Maximum Commitment may be reduced as provided in Section 3.3(a)."
Total Maximum Commitment means, at any time prior to June 15, 2009, $242,000,000, as such amount may be reduced as provided in paragraph (i) of Section 2 of this Statement or increased as provided in paragraph (j) of Section 2 of this Statement.

Related to Total Maximum Commitment

  • Maximum Commitment means initially the amount specified in item 4 on Schedule A, as such amount may be reduced from time to time in accordance with Section 2.04(a).

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.