Aggregate Term Commitment definition

Aggregate Term Commitment means the aggregate of the Term Commitments of all of the Lenders, as reduced from time to time pursuant to the terms hereof, which Aggregate Term Commitment shall be in the amount of $100,000,000.

Aggregate Term Commitment means the aggregate of the Term Commitments of all the Term Lenders, as increased or reduced from time to time pursuant to the terms hereof. As of the date of this Agreement, the Aggregate Term Commitment is $250,000,000.

Aggregate Term Commitment means (a) the combined Initial Term Commitment and Delayed Draw Term Commitment, in each case, of the Lenders on the Effective Date and (b) after the Initial Funding Date, the sum of (i) the aggregate then unpaid principal amount of such Lender’s Initial Term Loans plus (ii) the aggregate then unpaid principal amount of such Lender’s Delayed Draw Term Loans, if any, plus (iii) the aggregate then unutilized Delayed Draw Term Commitments, if any, of the Lenders, in each case, as such amount may be further decreased from time to time pursuant to, and in accordance with the terms of, this Agreement.

Examples of Aggregate Term Commitment in a sentence

• If at any time the Aggregate Outstanding Term Loans exceed the Aggregate Term Commitment, then the Borrower shall within three (3) Business Days after notice from the Administrative Agent make a payment on the Term Loans in amount sufficient to eliminate such excess.

• Section 3.9 is amended to read as follows:3.9 Increase of Aggregate Term Commitment.

• The Aggregate Term Commitment shall be reduced to zero and terminated in full and expire after each Term Lender makes its Term Loan on the Effective Date.

• For the avoidance of doubt, the Aggregate Term Commitment shall also be reduced in an amount equal to the reduction in each Term Lender’s Term Commitment as a result of such Term Lender making a Term Loan on the Effective Date pursuant to Section 2.01(b).

• To the extent unfunded, the Aggregate Term Commitment shall be reduced to zero and terminate in full and expire at 3:00 p.m. (New York time) on the Effective Date.

More Definitions of Aggregate Term Commitment

Aggregate Term Commitment means, at any time, the aggregate amount of the Term Commitments of all the Term Lenders. The Aggregate Term Commitment as of the Effective Date is Five Hundred Million and 00/100 Dollars ($500,000,000).

Aggregate Term Commitment means zero as of the Agreement Effective Date and thereafter means the aggregate of all Term Commitments hereunder, not to exceed $400,000,000.

Aggregate Term Commitment means, at any time, the sum of the Term Commitments of all the Term Lenders at such time.

Aggregate Term Commitment means the combined Term Commitments of the Lenders, in the initial aggregate principal amount of Twenty Million Dollars ($20,000,000), as such amount may be reduced from time to time pursuant to this Agreement.

Aggregate Term Commitment means $260,000,000 as of the Agreement Effective Date, plus any designated increase in the Aggregate Term Commitment pursuant to Section 2.8.

Aggregate Term Commitment means the combined Term Commitments of all of the Lenders, in the initial aggregate amount of $70,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

Aggregate Term Commitment means, at any time, the aggregate amount of the Term Commitments of all the Term Lenders. The Aggregate Term Commitment as of the Amendment No. 2 Effective Date is Five Hundred MillionOne Billion and 00/100 Dollars ($500,000,000)1,000,000,000), subject to any prepayment of the Term Loans (as defined in the Existing Agreement) pursuant to Section 2.07 of the Existing Agreement prior to the Amendment No. 2