Acquisition Term Loan Commitment definition
Examples of Acquisition Term Loan Commitment in a sentence
Each Lender's Acquisition Term Loan Commitment shall expire on the Acquisition Term Loan Commitment Termination Date and all outstanding Acquisition Term Loans on such date shall be repaid in accordance with subsection 2.4A.
The original amount of the (i) Total Commitments is $155,000,000, (ii) Total A Term Loan Commitment is $20,000,000, (iii) Total B Term Loan Commitment is $35,000,000, (iv) Total Acquisition Term Loan Commitment is $30,000,000, (v) Total Revolving Loan Commitment is $70,000,000, including up to $20,000,000 of Letters of Credit, (vi) Total U.S. Swingline Commitment is $10,000,000, (vii) Total U.K. Swingline Commitment is $15,000,000 and (viii) Total Canadian Swingline Commitment is $5,000,000.
As of the Closing Date, the amount of (a) the Total Commitment is $150,000,000, (b) the Total Revolving Loan Commitment is $40,000,000, (c) the Total Acquisition Term Loan Commitment is $75,000,000, and (d) the Total Supplemental Loan Commitment is $35,000,000.
As of the Closing Date, the amount of (a) the Total Commitment is $102,500,000, (b) the Total Term A Loan Commitment is $25,000,000, (c) the Total Term B Loan Commitment is $35,000,0000, (d) the Total Revolving Loan Commitment is $27,500,000 and (e) the Total Acquisition Term Loan Commitment is $15,000,000.
An aggregate principal amount of $2,496 million will be available through the following facilities: Term Loan Facility: a $1,676 million (as may be reduced by the TLA Backstop Commitment Reduction and/or the Acquisition Term Loan Commitment Reduction) term loan B facility incurred pursuant to Section 2.17 and Section 2.18 of the Existing Credit Agreement in the form of a new class of term loans, all of Annex I-1 which will be drawn on the Closing Date (the “Term Loan Facility”).