Fourth Amendment Term Loan Commitment definition

Fourth Amendment Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make the Fourth Amendment Term Loan to the Borrowers on the Fourth Amendment Effective Date in the amount set forth opposite such Lender’s name under the heading “Fourth Amendment Term Loan Commitment” on Schedule C-1 hereto or in the Assignment and Acceptance pursuant to which such Lender becomes a Lender under the Agreement, as the same may be terminated or reduced from time to time in accordance with the terms of this Agreement.”
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Fourth Amendment Term Loan Commitment as to any Lender, the obligation of such Lender, if any, to make, or continue to make, a Fourth Amendment Term Loan to the Borrower hereunder on each Fourth Amendment Term Loan Funding Date in a principal amount not to exceed the amount set forth under the heading “Fourth Amendment Term Loan Commitment” opposite such Xxxxxx’s name on Annex A, as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of the Fourth Amendment Term Loan Commitments on the Fourth Amendment Effective Date is $450,000,000. The remaining unfunded Fourth Amendment Term Loan Commitment of each Lender shall automatically terminate on the earlier to occur of (x) the date as of which all Fourth Amendment Term Loan Commitments have been borrowed in accordance with the terms of Section 2.3 and (y) the 180th day after the Fourth Amendment Effective Date (such date, the “Fourth Amendment Term Loan Commitment Expiration Date”).
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Fourth Amendment Term Loan Commitment means, with respect to any Lender, the obligation of such Lender to make a Fourth Amendment Term Loan to the Borrower in an amount not in excess of the amount specified on Schedule 1.2.
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Examples of Fourth Amendment Term Loan Commitment in a sentence

  • Any reduction of the Fourth Amendment Term Loan Commitment shall be applied to the Fourth Amendment Term Loan Commitment of each Fourth Amendment Term Loan Lender according to its percentage of the aggregate Fourth Amendment Term Loan Commitment.

  • The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Fourth Amendment Term Loan Commitment at any time or (ii) portions of the Fourth Amendment Term Loan Commitment, from time to time, in an aggregate principal amount not less than $2,500,000 or any whole multiple of $500,000 in excess thereof.

  • From and after the Fourth Amendment Effective Date, (i) the Fourth Amendment Term Loan Commitment of each Lender shall be a “Term Facility Commitment Amount” for all purposes under the Credit Agreement and (ii) the Fourth Amendment Term Loans of the Lenders shall be “Loans” (and have the same terms (including with respect to Guaranty and Collateral and rights to payment and prepayment) as the existing Loans), for all purposes under the Credit Agreement and the other Loan Documents.


More Definitions of Fourth Amendment Term Loan Commitment

Fourth Amendment Term Loan Commitment means, as to each Lender, its obligation to make its portion of the Fourth Amendment Term Loan to the Parent Borrower pursuant to Section 2.01(b)(ii), in the principal amount set forth opposite such Lxxxxx’s name on Schedule 2.01 to the Fourth Amendment or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate principal amount of the Fourth Amendment Term Loan Commitments of all of the Lenders as in effect on the Fourth Amendment Effective Date is $50,000,000.
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Fourth Amendment Term Loan Commitment means, with respect to each Lender, its Fourth Amendment Term Loan Commitment, and, with respect to all Lenders, their Fourth Amendment Term Loan Commitments, in each case as such Dollar amounts are set forth beside such Lender’s name under the applicable heading on Schedule C-1 to the Agreement or in the Assignment and Acceptance pursuant to which such Lender became a Lender under the Agreement, as such amounts may be reduced or increased from time to time pursuant to assignments made in accordance with the provisions of Section 13.1 of the Agreement. The aggregate principal amount of Fourth Amendment Term Loan Commitments on the Fourth Amendment Effective Date is $5,000,000.
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Related to Fourth Amendment Term Loan Commitment

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

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

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.