Examples of Applicable Commitments in a sentence
Each Credit Extension in respect of each Credit Facility shall be in an amount at least equal to the applicable Minimum Credit Extension Amount for such Credit Facility as set forth in the Credit Facility Schedule or such lesser amount as shall remain undisbursed under the Applicable Commitments for such Credit Facility.
Each Borrowing Notice shall be for the full amount of each of the Applicable Commitments and no Borrowing Notice for less than such full amount shall be permitted.
The Borrower shall have the right at any time or from time to time to terminate in full (but not in part) all the then outstanding Applicable Commitments; provided that the Borrower shall give the Lender at least five (5) Business Days’ notice of each such termination.
The decision of the Constitutional Court, therefore, is likely to have an impact also on other cases of expelled foreigners, whereby the substantial extending beyond the personal interests of the complainant is given as for the constitutional complaint filed under Section 75 (2) of the Act on the Constitutional Court and, therefore, this complaint cannot be rejected as inadmissible in terms of the alleged substantive violation of the prohibition of ill-treatment.
Mr. Schmidt reviewed the Proposal from Connections as presented, and Authorization for the Board President to work with Board Counsel and Connections to draft an Agreement based upon the Proposal to be submitted to the Board for consideration at their next meeting.
Commitment Termination Date: the earliest to occur of (a) March 31, 2023, and (b) the delivery of a written notice by Agent to Borrower terminating the Applicable Commitments following an Event of Default that has not been waived or cured at the time such notice is delivered.
Each Borrowing Notice shall be forthe full amount of each of the Applicable Commitments and no Borrowing Notice for less than such full amount shall be permitted.
Agent may at any time assign its rights, powers, privileges and duties hereunder to (i) another Lender, or (ii) any Person to whom Agent, in its capacity as a Lender, has assigned (or will assign, in conjunction with such assignment of agency rights hereunder) fifty percent (50%) or more of the Credit Extensions or Applicable Commitments then held by Agent (in its capacity as a Lender), in each case without the consent of the Lenders or Borrower.
If PJM determines at any time that a Material Adverse Change in the financial condition of the Guarantor has occurred, or if the Corporate Guaranty comes within thirty (30) calendar days of expiring without renewal, PJM may reduce or eliminate any Unsecured Credit afforded to the Participant through the guaranty.
Except as expressly contemplated in this Section 2.24, the terms and provisions of the New Incremental Commitments shall be identical to the existing Applicable Commitments.