Definition of Euro Term B-1 Commitment


Euro Term B-1 Commitment means, as to each Euro Term B-1 Lender, its obligation to make a Euro Term B-1 Loan to the Borrowers pursuant to Section 2.01(b)(ii) in an aggregate principal amount not to exceed the amount set forth opposite such Lender's name on Schedule 2.01(b) under the caption "Euro Term B-1 Commitment" or in the Assignment and Assumption pursuant to which such Euro Term B-1 Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Euro Term B-1 Commitments is EU250,000,000.
Sample 1

Examples of Euro Term B-1 Commitment in a sentence

The Euro Term B-1 Commitment of each Euro Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Euro Term B-1 Lenders Term Loans pursuant to Section 2.01(b)(ii).
The Euro Term B-1 Commitment of each Euro Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Euro Term B-1 Lender's Term Loans pursuant to Section 2.01(b)(ii).