Additional Term B Commitment definition

Additional Term B Commitment means, with respect to the Additional Term B Lender, its commitment to make a Term B Loan on the Amendment No. 1 Effective Date in an amount equal to the excess, if any of (i) the principal amount of Original Term Loans required to be repaid on the Amendment No. 1 Effective Date pursuant to Section 2.05(b)(ix) minus (ii) the amount of the Term A Commitment.
Additional Term B Commitment means, as to each Additional Term B Lender, its obligation to make a Term B Loan to the Borrower in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Additional Term B Commitment”, or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.
Additional Term B Commitment means the obligation of the Additional Term B Lender to make a Term B Loan on the Restatement Effective Date in an aggregate principal amount equal to the excess of $5,000,000,000.00 over the aggregate principal amount of Converted Original Term B Loans.

Examples of Additional Term B Commitment in a sentence

  • On the Restatement Effective Date (after giving effect to the funding of the Initial Term B Loans on such date), the Additional Term B Commitment of the Additional Term B Lender as of the Restatement Effective Date will automatically and permanently terminate.


More Definitions of Additional Term B Commitment

Additional Term B Commitment means, with respect to the Additional Term B Lender, its commitment to make a Term B Loan on the Amendment No. 2 Effective Date in an amount equal to $329,438,750 minus the aggregate principal amount of the Converted Initial Loans of all Lenders.
Additional Term B Commitment has the meaning assigned thereto in the First Incremental Term Facility Amendment.
Additional Term B Commitment has the meaning specified in Section 2.01(c).
Additional Term B Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make an Additional Term B Loan hereunder on the Amendment No. 2 Effective Date in the amount set forth on the signature page to Amendment No. 2 to the Credit Agreement executed and delivered by such Lender (as adjusted by the Administrative Agent if necessary), or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Additional Term B Commitment, as the same may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 11.04. The aggregate amount of the Lenders' Additional Term B Commitments is $5.0 million."
Additional Term B Commitment has the meaning set forth in Amendment No. 1.
Additional Term B Commitment means with respect to the Additional Term B Lender, its commitment to make a Term B Loan on the Third Restatement Effective Date in an amount equal to $[500-550],000,000.
Additional Term B Commitment means, with respect to the Additional Term B Lender, its commitment to make a Term B Loan on the Amendment No. 1 Effective Date in an amount described in the recitals to Amendment No. 1. “Additional Term B Lender” means the Person identified as such on the applicable signature page to Amendment No. 1. “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 described in the recitals to Amendment No. 2. “Additional Term B-1 Lender” means the Person identified as such on the applicable signature page to Amendment No. 2. “Administrative Agent” has the meaning specified in the introductory paragraph to this Agreement. “Administrative Agent’s Office” means the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 10.02, or such other address or account as the Administrative Agent may from time to time notify the Borrower and the Lenders. “Administrative Questionnaire” means an Administrative Questionnaire in a form supplied by the Administrative Agent. “Affiliate” of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For purposes of this definition, “control” (including, with correlative meanings, the terms “controlling,” “controlled by” and “under common control with”), as used with respect to any Person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such Person, whether through the ownership of voting securities, by agreement or otherwise. “Affiliate Transaction” has the meaning assigned to such term in Section 7.08. “Affiliated Debt Fund” means an Affiliated Lender that is primarily engaged in, or advises funds or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit in the ordinary course of business and with respect to which the Investors that, directly or indirectly, are involved in exercising discretion with respect to the Investors’ investment in the Equity Interests of Holdings, the Borrower or any of their respective Subsidiaries do not also, directly or indirectly, possess the power to direct or cause the direction of the investment policies of such Affiliated Lender. “Affiliated Lender” means, at any t...