5-Year Term Loan Commitment definition

5-Year Term Loan Commitment means a 5-Year Term Loan Lender’s obligation to make a 5-Year Term Loan (a) on the Effective Date pursuant to Section 2.2.(a)(i), in an amount equal to the amount set forth for such Lender on Schedule I as such Lender’s “5-Year Term Loan Commitment” or (b) after the Effective Date as set forth in any agreement executed by an existing 5-Year Term Loan Lender or a Person becoming a 5-Year Term Loan Lender in accordance with Section 2.16.
Sample 1
5-Year Term Loan Commitment means a Lender’s obligation to make 5-Year Term Loans during the 5-Year Term Loan Availability Period pursuant to Section 2.2(a)(i) in an amount up to, but not exceeding, the amount set forth for such Lender on Schedule 1.1(a) as such Lender’s “5-Year Term Loan Commitment Amount” or as set forth in any applicable Assignment and Assumption, or agreement executed by a Person becoming a Lender in accordance with Section 2.17, as the same may be reduced pursuant to Section 2.13 or increased or reduced as appropriate to reflect any assignments to or by such 5-Year Term Loan Lender effected in accordance with Section 13.6 or increased as appropriate to reflect any increase effected in accordance with Section 2.17.
Sample 1Sample 2
5-Year Term Loan Commitment means, with respect to each 5-Year Term Loan Lender, the commitment of such 5-Year Term Loan Lender to make a 5-Year Term Loan hereunder on the Closing Date, expressed as an amount representing the principal amount of the 5-Year Term Loan to be made by such 5-Year Term Loan Lender hereunder. The initial amount of each 5-Year Term Loan Lender’s 5-Year Term Loan Commitment is set forth on Schedule 2.01. The aggregate amount of the 5-Year Term Loan Commitments of all 5-Year Term Loan Lenders on the Closing Date is $300,000,000.
Sample 1Sample 2

Examples of 5-Year Term Loan Commitment in a sentence

  • Following disbursement of any 5-Year Term Loans, the 5-Year Term Loan Commitment of each 5-Year Term Loan Lender shall be deemed to be utilized for all purposes of this Agreement in an amount equal to the product of (i) such 5-Year Term Loan Lender’s 5-Year Term Loan Commitment Percentage, and (ii) the aggregate amount of all prior disbursements of 5-Year Term Loans.

  • The 5-Year Term Loan made by each 5-Year Term Loan Lender shall, in addition to this Agreement, also be evidenced by a 5-Year Term Note (as to each 5-Year Term Loan Lender so requesting a 5-Year Term Note), one payable to each such 5-Year Term Loan Lender in a principal amount equal to the amount of its 5-Year Term Loan Commitment as originally in effect and otherwise duly completed.

  • Upon a 5-Year Term Loan Lender’s funding of its Additional 5-Year Term Loan on the Effective Date, the 5-Year Term Loan Commitment of such 5-Year Term Loan Lender shall terminate.

  • Upon the 5-Year Term Loan Lenders’ funding of the 5-Year Term Loans on the Effective Date and the consummation of the purchases of 5-Year Term Loans between the Assignor Lenders and Assignee Lenders as provided above, the 5-Year Term Loan Commitment shall terminate.

  • Each Lender’s 5-Year Term Loan Commitment shall expire immediately and without further action upon the funding of the 5-Year Term Loans on the Closing Date.

  • Lender Revolving Loan Commitment 2-Year Term Loan Commitment 5-Year Term Loan Commitment Credit Suisee AG, Caymen Islands Branch $ 102,666,666.67 $ 128,333,333.33 $ 154,000,000.00 Citibank, N.A. $ 102,666,666.67 $ 128,333,333.33 $ 154,000,000.00 Bank of America, N.A. $ 102,666,666.67 $ 128,333,333.33 $ 154,000,000.00 The Bank of Tokyo-Mitsubishi UFJ, Ltd.

  • Only 480 out of 4,924 firms (9.75%) changedLFO during their first seven years of operations.

  • Each 5-Year Term Lender severally agrees to make a 5-Year Term Loan in Dollars to Company on the Closing Date in an aggregate principal amount not to exceed its 5-Year Term Loan Commitment.


More Definitions of 5-Year Term Loan Commitment

5-Year Term Loan Commitment means a Lender’s obligation to make 5-Year Term Loans during the 5-Year Term Loan Availability Period pursuant to Section 2.2(a)(i) in an amount up to, but not exceeding, the amount set forth for such Lender on Schedule 1.1(a) as such Lender’s “5-Year Term Loan Commitment Amount” or as set forth in any applicable Assignment and Assumption, or agreement executed by a Person becoming a Lender in accordance with Section 2.17 , as the same may be reduced pursuant to Section 2.13 or increased or reduced as appropriate to reflect any assignments to or by such 5-Year Term Loan Lender effected in accordance with Section 13.6 or increased as appropriate to reflect any increase effected in accordance with Section 2.17 .
Sample 1Sample 2
5-Year Term Loan Commitment means, with respect to any Lender, the commitment of such Lender to make 5-Year Term Loans hereunder as set forth in Schedule 2.1 annexed hereto, in the Assignment Agreement pursuant to which such Lender assumed its 5-Year Term Loan Commitment, or in the Incremental Assumption Agreement with respect to such Lender’s Incremental 5-Year Loan Commitment, as applicable, as the same may be (i) reduced from time to time pursuant to subsection 2.4D and (ii) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to subsection 10.1. The total amount of the 5-Year Term Loan Commitments on the Closing Date is $3,000,000,000.
Sample 1
5-Year Term Loan Commitment means: (a) in the case of a 5-Year Term Loan Lender that is an Existing Term Lender, such Lender’s obligation (i) to deem its Existing Term Loan to be a 5-Year Term Loan on the Effective Date as provided in Section 2.2.(a)(i)(A) and (ii) if the amount set forth for such Lender on Schedule I as such Lender’s “5-Year Term Loan Commitment” exceeds the outstanding principal amount of such Lender’s Existing Term Loan immediately prior to the Effective Date, such Lender’s obligation to increase the amount of its 5-Year Term Loan on the Effective Date as provided in Section 2.2.(a)(i)(B); (b) in the case of a 5-Year Term Loan Lender that is not an Existing Term Lender, such Lender’s obligation to make a 5-Year Term Loan on the Effective Date pursuant to Section 2.2.(a)(i)(C), in an amount equal to the amount set forth for such Lender on Schedule I as such Lender’s “5-Year Term Loan Commitment”; and (c) a 5-Year Term Loan Lender’s obligation to make a 5-Year Term Loan after the Effective Date as set forth in any agreement executed by an existing 5-Year Term Loan Lender or a Person becoming a 5-Year Term Loan Lender in accordance with Section 2.17.
Sample 1
5-Year Term Loan Commitment means, with respect to any 5-Year Term Lender, the sum of such Lender’s (a) Singapore Dollar Commitment, (b) Sterling Commitment, (c) U.S. Dollar Commitment, (d) Euro Commitment, (e) Euro French Commitment, (f) Australian Dollar Commitment, (g) Canadian Dollar Commitment, (h) Yen Commitment, (i) Hong Kong Dollar Commitment, and (j) Supplemental Tranche Commitments, and “5-Year Term Loan Commitments” means the aggregate principal amount of the Commitments of all of the 5-Year Term Lenders, as increased from time to time pursuant to Section 2.15 or Section 2.16 or as reduced from time to time pursuant to Section 2.04, provided that the aggregate of all 5-Year Term Loan Commitments and 7-Year Term Loan Commitments shall not exceed $1,500,000,000, as increased from time to time after the Closing Date pursuant to Section 2.15 or Section 2.16 or as reduced from time to time pursuant to Section 2.04. As of the Closing Date, the aggregate 5-Year Term Loan Commitments equal $1,250,000,000.
Sample 1
5-Year Term Loan Commitment means, with respect to each 5-Year Term Loan Lender, the commitment of such 5-Year Term Loan Lender to make a 5-Year Term Loan hereunder on the Closing Date, expressed as an amount representing the principal amount of the 5-Year Term Loan to be made by such 5-Year Term Loan Lender hereunder. The initial amount of each 5-Year Term Loan Lender’s 5-Year Term Loan Commitment is set forth on S chedule 2.01. The aggregate amount of the 5-Year Term Loan Commitments of all 5-Year Term Loan Lenders on the Closing Date is $300,000,000.
Sample 1

Related to 5-Year Term Loan Commitment

  • 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.

  • 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).

  • 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.

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

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

  • 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.

  • 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.

  • 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.

  • 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.

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

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

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

  • 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.

  • Closing Date 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 Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • 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.

  • 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.

  • 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.

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

  • 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.

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

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

  • 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.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Tranche B Term Loan as defined in Section 2.1.