Term Commitments definition

Term Commitments means an Initial Term Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.
Term Commitments means the Term A Commitments and the Term B Commitments.
Term Commitments means, collectively, the Tranche A Term Commitments, the Tranche B Term Commitments and any commitments to make Incremental Term Loans.

Examples of Term Commitments in a sentence

  • Each Incremental Request shall set forth the requested amount and proposed terms of the relevant Incremental Term Commitments or Incremental Revolving Commitments.

  • Unless previously terminated, the initial Term Commitments shall automatically terminate upon the reallocation of the Existing Term Loans on the Effective Date.


More Definitions of Term Commitments

Term Commitments means a Term B Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.
Term Commitments means the Term A Commitment.
Term Commitments means the aggregate of such commitments for all Term Lenders, and the aggregate amount of the Term Commitments on the Effective Date is $1,300,000,000.00.
Term Commitments means, as to each Term Lender, its obligation to make a Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount specified opposite such Lender’s name in Schedule 2.01 hereto under the caption “Term Commitment” or in the Assignment and Assumption Agreement pursuant to which such Term Lender becomes a party hereto, as applicable, as such commitment may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to (i) assignments by or to such Term Lender pursuant to an Assignment and Assumption Agreement, (ii) an Incremental Amendment, (iii) a Refinancing Amendment or (iv) an Extension. The initial amount of each Term Lender’s Commitment is specified in Schedule 2.01 hereto under the caption “Term Commitment” or, otherwise, in the Assignment and Assumption Agreement, Incremental Amendment, Refinancing Amendment or Extension Amendment, pursuant to which such Lender shall have assumed its Commitment, as the case may be. The initial aggregate amount of the Term Commitments is $1,000,000,000.