Additional Term Loan Commitment definition

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

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Additional Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make an Additional Term Loan to the Borrower on the First Amendment Effective Date pursuant to Section 2.4(a) in the amount set forth on Schedule I of the First Amendment.

Additional Term Loan Commitment means, with respect to each Additional Term Lender, such Additional Term Lender’s Additional Term Loan Percentage of the Additional Term Loans.

Examples of Additional Term Loan Commitment in a sentence

• Each Lender agrees, severally on a Pro Rata basis up to its Second Additional Term Loan Commitment, on the terms set forth herein, to make its portion of the Second Additional Term Loan to the Borrowers.

• The Second Additional Term Loan Commitment of each Lender shall expire upon the funding by Lenders of the Second Additional Term Loan on the Fourth Amendment Effective Date.

• Each Lender’s Additional Term Loan Commitment shall terminate immediately and without further action on the Second Amendment Effective Date after giving effect to the funding of such Lender’s Additional Term Loan Commitment pursuant to the Term Loan Joinder Agreement on such date.

• Subject to the terms and conditions of this Agreement, from time to time after the Closing Date, Lenders may, but shall not be required to, make additional Loans to Borrowers (each, an “Additional Term Loan” and, collectively, the “Additional Term Loans”), up to an aggregate additional amount not to exceed the Additional Term Loan Commitment.

• Subject to the terms and conditions hereof, (i) each Lender existing on the Closing Date made a Term Loan to the Company on the Closing Date, and (ii) each Additional Term Loan Lender has, pursuant to the Term Loan Joinder Agreement, severally agreed to make, on the Second Amendment Effective Date, an Additional Term Loan to the Company in an amount equal to such Lender’s Additional Term Loan Commitment as set forth in the Term Loan Joinder Agreement.

More Definitions of Additional Term Loan Commitment

Additional Term Loan Commitment any term loan commitment added hereunder pursuant to Sections 2.25 or 2.28.

Additional Term Loan Commitment means, for each Additional Lender, the obligation of such Additional Lender to make Additional Term Loans not exceeding the amount set forth in any Commitment and Acceptance that has become effective pursuant to Section 2.18 of this Agreement.

Additional Term Loan Commitment has the meaning assigned to that term in Section 2.23.

Additional Term Loan Commitment means as to each Additional Term Loan Lender, its obligation to make Additional Term Loans to the Borrower, on the First Amendment Effective Date, in the amount opposite such Len▇▇▇’▇ name on Schedule 2.1(a) in an aggregate amount not to exceed $40,000,000. For the avoidance of doubt, as of the Fifth Amendment Effective Date, the Additional Term Loan Commitment equals $0.

Additional Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make Additional Term Loans hereunder as set forth on Schedule 2.01, as the same may be reduced or increased from time to time pursuant to assignment by or to such Lender pursuant to Section 9.04. The aggregate amount of the Additional Term Loan Commitments is $18,000,000.

Additional Term Loan Commitment of an Additional Term Lender shall be the amount of its commitment to make New Tranche A Term Loans or New Tranche B Term Loans, as applicable, as set forth in its Joinder Agreement, and the “Additional Revolving Commitment” of an Additional Revolving Lender shall be the amount of its New Revolving Commitment as set forth in its Joinder Agreement, or, in the case of either an Additional Term Loan Commitment or an Additional Revolving Commitment, such lesser amount as is allocated to it by the Borrower and the Arrangers by notice to such Lender prior to the Refinancing Date. The commitments of the New Term Lenders are several and no New Term Lender shall be responsible for any other New Term Lender’s failure to make New Term Loans, and the New Revolving Commitments are several and no New Revolving Lender shall be responsible for any other New Revolving Lender’s failure to make Revolving Loans or to acquire participations in Letters of Credit or Swingline Loans under the Credit Agreement. For purposes hereof, the “Refinancing Date” shall be a Business Day selected by the Borrower occurring on or after June 11, 2004 and prior to June 18, 2004, on which each of the conditions set forth in paragraph (e) of this Section 4 is satisfied. The Borrower shall give the Agent at least two Business Days’ prior written notice of the date selected by it as the Refinancing Date.

Additional Term Loan Commitment means, as to each Term Lender, its obligation to make an Additional Term Loan to the Borrower pursuant to Section 2.01(a)(ii) on the Amendment No. 1 Effective Date in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name on Schedule 2.01-B under the caption “Additional Term Loan Commitment”. As of the Amendment No. 1 Effective Date, the aggregate principal amount of all Amendment No. 1 Term Loan Commitments of all Additional Term Lenders is $50,000,000.