Term B Loan Commitment Sample Clauses

Term B Loan Commitment. In a single Borrowing on any Business Day occurring from and after the Effective Date but prior to the Term B Loan Commitment Termination Date, each Lender that has a Term B Loan Commitment will make loans (relative to such Lender, its "Term B Loans") to the Borrower equal to such Lender's Term B Percentage of the aggregate amount of the Borrowing of Term B Loans requested by the Borrower to be made on such day (with the commitment of each such Lender described in this clause herein referred to as its "Term B Loan Commitment"). No amounts paid or prepaid with respect to Term B Loans may be reborrowed.
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Term B Loan Commitment. 1. In a single Borrowing (which shall be on a Business Day) occurring on the Effective Date, each Term B Lender agrees that it will make Term B Loans to the Borrower equal to such Lender's Term B Percentage of the aggregate amount of the Borrowing of Term B Loans requested by the Borrower to be made on such day. The aggregate amount of Term B Loans shall not exceed the Term B Loan Commitment Amount.
Term B Loan Commitment. Each Lender agrees to make term loans (“Term B Loans”) from time to time until the date that is the third anniversary of the Initial Closing Date in such Lender’s Pro Rata Share of such aggregate amounts as the Parent may request from the Administrative Agent; provided that the aggregate amounts of the Term B Loans (whether outstanding or previously paid by the Borrowers) will not at any time exceed the Term B Loan Commitment. Any amounts borrowed by the Borrowers constituting Term B Loans may not be repaid and reborrowed.
Term B Loan Commitment. On a date prior to the Term B Loan Commitment Termination Date, each Term B Lender severally will make loans in U.S. Dollars (relative to such Lender, its "Term B Loan") to the Borrower equal to such Lender's Term Percentage of the aggregate amount of the Borrowing of Term B Loans requested by the Borrower to be made on such day. The Commitment of each Term B Lender described in this Section 2.1.1 is herein referred to as its "Term B Loan Commitment". On the date of the initial Borrowing of Term B Loans hereunder, the Term B Loan Commitment shall terminate, and any portion of the Term B Loan Commitment Amount that is not borrowed on such date shall be extinguished. No amounts paid or prepaid with respect to Term B Loans may be reborrowed.
Term B Loan Commitment. Upon satisfaction of each of the conditions set forth in Section 5.1, all "Loans" owing to the Lenders on the Closing Date under and as defined in the Original Credit Agreement and designated to be converted into or continued as Term B Loans hereunder pursuant to the Master Assignment Agreement, shall thereupon constitute Term B Loans subject to the terms of this Agreement (each such Lender's Term B Percentage thereof, if any, being its "Term B Loans"). No amounts paid or prepaid with respect to Term B Loans may be reborrowed.
Term B Loan Commitment. On the terms and subject to the conditions hereof, in a single Borrowing (which shall be a Business Day) occurring on or prior to the Term B Loan Commitment Termination Date, each Lender that has a Term B Loan Commitment, as applicable, agrees that it will make loans (relative to such Lender, its "Term B Loans") to the Borrower to be deposited in the Qualified Settlement Fund equal to such Lender's Term B Percentage of the aggregate amount of the Borrowing of Term B Loans requested by the Borrower to be made on such day. No amounts paid or prepaid with respect to Term B Loans may be reborrowed. All Borrowings of Term B Loans shall be deposited in the Qualified Settlement Fund.
Term B Loan Commitment. Subject to the terms and conditions hereof, each Term B Lender severally agrees to make to the Borrower, and the Borrower may request, on the Closing Date, term loans in an aggregate principal amount of such Lender’s Term B Loan Commitment. Notwithstanding any other provision of this Agreement, undrawn Term B Loan Commitments shall automatically terminate on the Closing Date upon the funding of Term B Loans pursuant to this Section 2.01(a).
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Term B Loan Commitment. Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein each Lender severally agrees to make available to the Company on the Closing Date such Lenders' Pro Rata Share of a term loan in the aggregate principal amount of FOUR HUNDRED MILLION DOLLARS ($400,000,000) (the "Term B Loan"). The Term B Loan may consist of ABR Loans or Eurodollar Loans, or a combination thereof, as the Company may request. Amounts borrowed under the Term B Loan that are repaid or prepaid may not be reborrowed.
Term B Loan Commitment. Upon the satisfaction of each of the conditions set forth in Section 5.1, all ‘Loans’ owing to the Lenders on the Closing Date under and as defined in the Original Credit Agreement and designated to be converted into or continued as Term B Loans hereunder pursuant to the Master Assignment Agreement, shall thereupon constitute Term B Loans subject to the terms of this Agreement (each such Lender’s Term B Percentage thereof, if any, together with any Loans made by such Lender in connection with the Borrower’s exercise of a Term B Loan Commitment increase pursuant to the terms of Section 2.8, if any, being its ‘Term B Loans’). No amounts paid or prepaid with respect to Term B Loans may be reborrowed.”
Term B Loan Commitment. Each Lender with a Term B Loan Commitment severally, and not jointly, agrees to make a loan to the Company (each such loan, a “Term B Loan”) on the Closing Date in such Lender’s Applicable Percentage of the Term Loan Commitment. The Commitments of the Lenders to make Term B Loans shall expire concurrently with the making of the Term B Loans on the Closing Date. The parties hereto agree that under the Existing Loan Agreement, the Lenders made a term loan (the “Existing Term Loan”) in the original principal amount of $25,000,000, of which $16,666,000 remains unpaid as of the date of this Agreement and prior to the funding of the Term B Loan. Upon the funding of the Term B Loan, the Existing Term Loan shall be deemed repaid in full.
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