Additional Commitment Party definition

Additional Commitment Party means a Person that becomes a Commitment Party pursuant to Section 2.6 of this Agreement.
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Additional Commitment Party means a Person that executed a joinder agreement to the Backstop Commitment Letter in accordance with the terms thereof or becomes a Commitment Party pursuant to Section 2.6(c) of this Agreement.
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Additional Commitment Party means each Additional Arranger and each Additional Underwriter.
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Examples of Additional Commitment Party in a sentence

  • All commitments and undertakings of the Additional Commitment Party hereunder will terminate upon termination of the Commitment Letter.

  • No party has been authorized by Pinnacle, any Original Commitment Party or the Additional Commitment Party to make any oral or written statements that are inconsistent with this Commitment Joinder Letter.

  • The Additional Commitment Party acknowledges and agrees that, pursuant to the terms of the Commitment Letter, the Original Commitment Parties are respectively exclusively authorized by Pinnacle to act in the capacities set forth in Section 1(a) of the Commitment Letter in connection with the Facilities.

  • This letter (this “Commitment Joinder Letter”) sets forth the agreement of Pinnacle, each Original Commitment Party and the additional commitment party signatory hereto (the “Additional Commitment Party”) regarding the commitment by the Additional Commitment Party to provide a portion of the commitments under the Commitment Letter.

  • Furthermore, the Additional Commitment Party represents that its commitments hereunder are commitments from its institution only, and do not in any way include a commitment or other arrangement from any other non-affiliated institution.

  • The Additional Commitment Party acknowledges and agrees that (i) it will only share in commitment reductions prior to the completion of primary syndication as provided in Section 1 above and (ii) no secondary selling, offers to purchase or transfers of commitments or funded loans or participations in commitments or funded loans will occur with respect to the Facilities until the Final Syndication Date.

  • As consideration for the Additional Commitment Party’s agreements under this Commitment Joinder Letter with respect to the Acquisition Holdings Bridge Facility, the Additional Commitment Party shall be treated as if it were an Initial Acquisition Holdings Bridge Lender under the Fee Letter.

  • For the avoidance of doubt, except as specifically provided in the next sentence, nothing in this Commitment Joinder Letter shall give any rights to the Additional Commitment Party as a Lead Arranger, Joint Bookrunner, Administrative Agent or Syndication Agent.

  • The respective commitments of the Original Commitment Parties under the Commitment Letter with respect to the Target Bridge Facility, the New Target Term B Loans, the New Target Credit Facilities, the New Pinnacle Term Loans, the New Pinnacle Credit Facilities and the Acquisition Holdings Bridge Facility shall be reduced ratably by an amount equal to the Additional Commitment Party Percentages.

  • For the avoidance of doubt, nothing in this Commitment Joinder Letter shall give any rights to the Additional Commitment Party as a Lead Arranger, Joint Bookrunner, Administrative Agent or Syndication Agent.


More Definitions of Additional Commitment Party

Additional Commitment Party means each person appointed as an original lender of the Interim SUN Facility and as an original note purchaser in respect of the SUNs in accordance with paragraph 4 (Appointment) below.
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Additional Commitment Party means each party that is a qualified institutional buyer (as defined in Rule 144A under the Securities Act) or an Institutional Accredited Investor (which is an “accredited investor” as such term is defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act) and that is a holder of an Eligible Backstop Claim that agrees to participate in the Backstop Commitment by joining this Agreement and the Plan Support Agreement pursuant to Article II of this Agreement. Initial Commitment Parties may be Additional Commitment Parties with respect only to additional Eligible Backstop Claims purchased in excess of the Eligible Backstop Claims held by such Initial Commitment Parties as of the execution of this Agreement.
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Additional Commitment Party means each person appointed as an original lender of the Interim PIK Facility and as an original note purchaser in respect of the PIK Notes in accordance with paragraph 4 (Appointment) below.
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Additional Commitment Party has the meaning set forth in the Backstop Commitment Agreement.
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Related to Additional Commitment Party

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Initial Commitment means, in relation to an Initial Senior Noteholder, the amount set out in the relevant Senior Noteholder Fee Letter.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Incremental Commitment means an Incremental Term Loan Commitment or an Incremental Revolving Facility Commitment.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • 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.

  • Additional Lender has the meaning set forth in Section 2.14(c).

  • Existing Commitment shall have the meaning provided in Section 2.17.

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

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any New Term Loans which shall be consistent with the applicable provisions of this Agreement relating to New Term Loans otherwise satisfactory to the Agent and the Borrower.

  • Additional Lenders has the meaning assigned to such term in Section 2.18(b).

  • 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.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(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.

  • 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.

  • 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.

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

  • Revolving Commitment Amount means $125,000,000, as reduced from time to time pursuant to Section 6.1.

  • Commitment Increase has the meaning specified in Section 2.18(a).