Additional Term B-1 Commitment definition

Additional Term B-1 Commitment means, with respect to any Person, the commitment of such Person to make an Additional Term B-1 Loan on the Amendment No. 1 Effective Date, in the amount set forth on the joinder agreement of such Additional Term B-1 Lender to Amendment No. 1. The aggregate amount of the Additional Term B-1 Commitments of all such Persons shall equal the outstanding aggregate principal amount of Non-Exchanged Term B Loans.

Additional Term B-1 Commitment means, with respect to the Additional Term B-1 Lender, its commitment to make a Term B-1 Loan on the Amendment No. 2 Effective Date in an amount equal to $213,347,000 minus the aggregate principal amount of the Converted Term B Loans of all Lenders.

Additional Term B-1 Commitment means, with respect to an Additional Term B-1 Lender, the commitment of such Additional Term B-1 Lender to make an Additional Term B-1 Loan hereunder on the Amendment No. 1 Effective Date, in the amount set forth opposite such Lender’s name on Schedule 1 to Amendment No. 1 and made a part hereof. The aggregate amount of the Additional Term B-1 Commitments of all Additional Term B-1 Lenders shall equal the outstanding aggregate principal amount of Non-Exchanged Amendment No. 1 Term Loans.

Examples of Additional Term B-1 Commitment in a sentence

• The Additional Term B-1 Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the earlier of (i) the making of such Term Lender’s Term B-1 Loans pursuant to Section 2.01(a) and (ii) 5:00 p.m. on the Closing Date.

• On the Amendment No. 1 Effective Date (after giving effect to the funding of the Term B-1 Loans by the Additional Term B-1 Lender representing the full amount of the Additional Term B-1 Commitment and the Term B-2 Loans to be made on such date), the Additional Term B-1 Commitment of the Additional Term B-1 Lender and the Term B-2 Commitments of each Term Lender with a Term B-2 Commitment will automatically and permanently terminate.

• The Additional Term B-1 Commitment shall be automatically and permanently reduced to zero upon the making of the Additional Term B-1 Lender’s Additional Term B-1 Loans pursuant to Section 2.01(b).

• The Additional Term B-1 Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Additional Term B-1 Loans pursuant to Section 2.01.

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More Definitions of Additional Term B-1 Commitment

Additional Term B-1 Commitment means, with respect to the Additional Term B-1 Lender, its commitment to make a Term B-1 Loan on the Amendment No. 1 Effective Date in an amount set forth on Schedule I to Amendment No. 1. Such Additional Term B-1 Commitment shall be in an amount equal to the excess of $3,300 million over the principal amount of Converted Initial Term B Loans of all Lenders.

Additional Term B-1 Commitment means, with respect to the Additional Term B-1 Lender, its commitment to make a Term B-1 Loan on the Amendment No. 4 Effective Date in an amount equal to the excess of (x) the amount of the Term B-1 loans outstanding immediately after giving effect to Amendment No. 4 on the Amendment No. 4 Effective Date over (y) the aggregate principal amount of Converted Term B Loans.

Additional Term B-1 Commitment means with respect to each Additional Term B-1 Lender, its commitment to make a Term B-1 Loan on the Closing Date in an amount equal to the amount set forth on the signature page of such Additional Term B-1 Lender to the Additional Term B-1 Joinder Agreement. The aggregate principal amount of the Additional Term B-1 Commitments shall be equal to $1,025,000,000 minus the aggregate principal amount of the Converted Term Loans of all Lenders. The Additional Term B-1 Commitments and the aggregate principal amount of the Converted Term Loans of each Lender is set forth opposite such Lender’s name on Schedule 2.01B under the caption “Term Commitments and Converted Term Loans”.

Additional Term B-1 Commitment means, with respect to an Additional Term B-1 Lender, the commitment of such Additional Term B-1 Lender to make an Additional Term B-1 Loan on the Amendment No. 1 Effective Date, in the amount set forth on the joinder agreement of such Additional Term B-1 Lender to Amendment No. 1. The aggregate amount of the Additional Term B-1 Commitments of all Additional Term B-1 Lenders shall equal (i) the outstanding aggregate principal amount of Non-Exchanged Term B Loans plus (ii) $80,000,000 (the amount in this clause (ii), the “Incremental Amount”) (it being understood that the Incremental Amount shall not count towards the basket set forth in Section 2.14(d)(v)(A) of the Credit Agreement).

Additional Term B-1 Commitment means, with respect to the Additional Term B-1 Lender, its commitment to make a Term B-1 Loan on the Fourth Amendment Effective Date in an amount equal to $69,870,961.78.

Additional Term B-1 Commitment means, with respect to an Additional Term B-1 Lender, the obligation of such Additional Term B-1 Lender to make an Additional Term B-1 Loan on the Amendment No. 1 Effective Date, in the amount set forth on the joinder agreement of such Additional Term B-1 Lender to Amendment No. 1. The aggregate amount of the Additional Term B-1 Commitments of all Additional Term B-1 Lenders on the Amendment No. 1 Effective Date shall equal the outstanding aggregate principal amount of Non-Exchanged Term B Loans plus $13,637,500 in premium, accrued interest and related fees and expenses payable in connection with the replacement of the Term B Loans.

Additional Term B-1 Commitment means the commitment of the Additional Term B-1 Lender to make or otherwise fund the Additional Term B-1 Loan. The amount the Additional Term B-1 Lender’s Additional Term B-1 Commitment is set forth on Schedule A to the Second Amendment.