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FL » Topics » Commitment

This excerpt taken from the FL 8-K filed May 21, 2008.
Commitment” means, with respect to each Bank, the amount (if any) set forth opposite the name of such Bank on the Commitment Schedule (or, in the case of an Assignee, the portion of the transferor Bank’s Commitment assigned to such Assignee pursuant to Section 9.06(c)), in each case as such amount may be reduced from time to time pursuant to Sections 2.10 and 2.11, increased from time to time pursuant to Section 2.18 or changed as a result of an assignment pursuant to Section 8.06 or 9.06(c). The term “Commitment” does not include the Swingline Commitment.

 

 

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