Extended Commitments definition
Examples of Extended Commitments in a sentence
The Non-Extended Commitments and the Extended Commitments (and the Non-Extended Loans and Extended Loans made thereunder, as applicable), shall have the terms set forth therefor in the Amended Credit Agreement.
The parties hereto agree that in no event shall the conversion of the Existing Commitments into Non-Extended Commitments and Extended Commitments constitute the entry into a new Qualifying Term Loan Facility.
Subject to the satisfaction (or waiver) of the conditions set forth in Section 5 hereof, each of the parties hereby agree that the Commitments of each Lender, as in effect under the Credit Agreement immediately prior to the Amendment Effective Date (the “Existing Commitments”) shall be deemed to be converted into (i) the amount of Non-Extended Commitments set forth opposite its name on Exhibit B hereto and (ii) the amount of Extended Commitments set forth opposite its name on Exhibit B hereto.