Definition of Euro Term C-1 Commitment


Euro Term C-1 Commitment means, with respect to a Euro Term B-1 Lender, the agreement of such Euro Term B-1 Lender to exchange the principal amount of its Euro Term B-1 Loans set forth on the signature page to such Euro Term B-1 Lender's Consent (or such lesser amount allocated to it by the Amendment No. 1 Arranger) for an equal principal amount of Euro Term C-1 Loans on the Amendment No. 1 Effective Date.
Sample 1

Examples of Euro Term C-1 Commitment in a sentence

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