2020 Term Loan Commitment definition

2020 Term Loan Commitment means the commitment of the 2020 Term Lenders to make 2020 Term Loans on and after the Third Restatement Date but prior to the 2020 Term Loan Commitment Termination Date pursuant to Section 2.01(h) of the Original Credit Agreement.
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2020 Term Loan Commitment means, for each 2020 Term Lender, the amount set forth for such Lender on Schedule I as such Lender’s “2020 Term Loan Commitment”, or as set forth in the applicable Assignment and Assumption Agreement, as the same may be reduced from time to time pursuant to Section 2.1.(a), or increased or reduced as appropriate to reflect any assignments to or by such Lender effected in accordance with Section 12.5.
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2020 Term Loan Commitment means the obligation hereunder, on the Second Amendment Effective Date, of the Lenders with commitments to extend 2020 Term Loans as set forth in Schedule 1 hereto to make such 2020 Term Loans up to an aggregate principal amount outstanding equal to the Maximum 2020 Term Loan Amount.
Sample 1

Examples of 2020 Term Loan Commitment in a sentence

  • As used in this Agreement, the following terms shall have the meanings set forth below: “2020 Term Lender” means a Lender with a 2020 Term Loan Commitment or an outstanding 2020 Term Loan.

  • Each institution identified as a Tranche B 2020 Term Lender in Schedule 2.01 to the Restated Credit Agreement shall, upon the effectiveness of the Restated Credit Agreement, have a Tranche B 2020 Term Loan Commitment in the principal amount set forth opposite its name in such Schedule 2.01.

  • On the Restatement Effective Date, subject to the terms and conditions set forth herein and in the Restated Credit Agreement, each of the 2020 Term Lenders jointly but not severally agrees to make a 2020 Term Loan to the Borrower in accordance with this Section 2(b) and the applicable provisions of the Restated Credit Agreement by delivering to the Administrative Agent immediately available funds in an amount equal to its 2020 Term Loan Commitment.

  • Each 2020 Term Loan Lender shall have a 2020 Term Loan Commitment that is equal to the amount set forth opposite such 2020 Term Loan Lender’s name under the heading “2020 Term Loan Commitments” on Schedule 2.01(a) to this Agreement (such commitment hereinafter referred to as the “2020 Term Loan Commitments”).

  • However, the formulation of the model is chosen so as to allow increases in efficiency to offset the diminishing returns to capital.

  • The New Lender’s Revolving Credit Commitment and 2020 Term Loan Commitment appears in Schedule 1 to the Credit Agreement.

  • Upon a 2020 Term Loan Lender’s funding of its 2020 Term Loan on the Effective Date, the 2020 Term Loan Commitment of such 2020 Term Loan Lender shall terminate.

  • Upon a 2020 Term Lender making its 2020 Term Loan, such Lender’s 2020 Term Loan Commitment shall terminate.


More Definitions of 2020 Term Loan Commitment

2020 Term Loan Commitment means with respect to any Lender, its obligation to make its portion of the 2020 Term Loans to the Borrower in the amount set forth on Annex A-II under the caption “2020 Term Loan Commitments”. The initial aggregate amount of the 2020 Term Loan Commitments is $70,000,000.
Sample 1

Related to 2020 Term Loan Commitment

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 or 9.02(c)(i).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.