Definition of Term A-1 Commitment


Term A-1 Commitment means, as to each Term A-1 Lender, its obligation to make Term A-1 Loans to the US Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A-1 Lender's name on Schedule 2.01 under the caption "Term A-1 Commitment" or opposite such caption in the Assignment and Assumption pursuant to which such Term A-1 Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

Examples of Term A-1 Commitment in a sentence

Subject to the terms and conditions set forth herein, each Term A-1 Lender severally agrees to make a single loan to the Cayman Borrower in Dollars on the Closing Date in an amount not to exceed such Lenders Term A-1 Commitment.
Subject to the terms and conditions set forth herein, each Term A-1 Lender severally agrees to make loans to New HoldCo (and, if requested by the Company, to Lux Borrower on a joint and several basis) in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed such Term A-1 Lenders Term A-1 Commitment.
In the event that the Closing Date shall not have occurred on or prior to the Termination Date, each Term A-1 Lenders Term A-1 Commitment shall automatically expire, and each Term A-1 Lender shall have no further obligation to make Term A-1 Loans.
Unless previously terminated, the Term A-1 Commitment shall terminate on the making of the Term A-1 Loans on the Restatement Date.
In the event that the Pace Acquisition Date shall not have occurred on or prior to the Termination Date, each Term A-1 Lenders Term A-1 Commitment shall automatically expire, and each Term A-1 Lender shall have no further obligation to make Term A-1 Loans except as otherwise set forth in Section 6.11.