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Aggregate Commitments
Aggregate Commitments contract clause examples
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Aggregate Commitments” means, at any time, the aggregate amount of Revolving Commitments and the aggregate amount of Term Loan Commitmentsloans or commitments established pursuant to any Incremental Loan Facilities.

Aggregate Commitments” means the Commitments of all of the Lenders. As of the Closing Date, the Aggregate Commitments equal $80,000,000.

Aggregate Commitments” means the Commitments of all the Lenders. As of the Closing Date, the Aggregate Commitments were $75,000,000. As of

Aggregate Revolving Commitments” means the Revolving Commitments of all the Lenders. The aggregate principal amount of the Aggregate Revolving Commitments in effect on the Closing Date is Fifty Million Dollars ($50,000,000).

Compliance with Commitments. Immediately after giving effect to the making of any such Extension of Credit (and the application of the proceeds thereof), # the sum of the aggregate Revolving Credit Outstandings shall not exceed the Revolving Committed Amount then in effect and # the outstanding Swingline Loans shall not exceed the Swingline Committed Amount;

(b) Local Counsel Opinions

Reduction of Commitments. The Borrowers may permanently reduce the Aggregate Revolving Loan Commitment in whole, or in part ratably among the Lenders, in an aggregate minimum amount of $5,000,000 with respect thereto and integral multiples of

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Defaulting Lender), without recourse, all or a percentage of all of the following: # such Lender’s Commitment, # all Loans made by that Lender, # such Lender’s Notes, and # such Lender’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to [Section 2.2(b) or (c)])] or [Section 9.5] hereof.

Term Loan Commitments. On and subject to the terms and conditions of this Agreement, each Lender, severally and for itself alone, agrees to make a term loan to Borrower (each such loan, individually and collectively, a “Term Loan”) in an amount equal to such Lender’s applicable Pro Rata [[[Borrower:Organization]]] Credit Agreement #61304369

Prior to the Conversion Date, the Borrower may by written notice to Administrative Agent elect to request the establishment of one or more additional revolving facilities providing for revolving commitments (“Replacement Commitments” and the revolving loans thereunder, “Replacement Loans”) which Refinances one or more Classes of Commitments (and corresponding Loans) under this Agreement; provided, that any such Replacement Commitments may not be in an aggregate principal amount greater than the Commitments being refinanced plus unpaid accrued interest, fees, expenses and premium (if any) thereon and underwriting discounts, fees, commissions and expenses in connection with the Replacement Commitments and/or Replacement Loans. Each such notice shall specify the date (each, a “Replacement Effective Date”) on which the Borrower proposes that the Replacement Commitments shall become effective (each such date, the “Replacement Effective Date”), which shall be a date not less than five (5) Business Days after the date on which such notice is delivered to the Administrative Agent; provided that:

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