Common use of Tranche B Term Commitments Clause in Contracts

Tranche B Term Commitments. Subject to the terms and conditions set forth herein, each Joinder Lender party hereto severally agrees to make, on the Additional Commitments Effective Date (as defined below), a single loan under a new tranche of term loans (each, a “Tranche B Term Loan”) in Dollars to the Company in an amount equal to the commitment amount set forth next to such Joinder Lender’s name in Schedule 1 hereto under the caption “Tranche B Term Commitment” (collectively, the “Tranche B Term Commitments”). For purposes hereof, any Lender that has a Tranche B Term Commitment or Tranche B Term Loan is referred to as a “Tranche B Term Lender” and this Joinder Agreement shall be deemed to be a “Loan Document” under the Credit Agreement.