Term A-2 Loan Commitment means, as to any Lender, the obligation of such Lender to make Term A-2 Loans hereunder (including by way of conversion of Existing Term A Loans) in an aggregate principal amount not to exceed the amount set forth opposite such Lender's name on Schedule 1 attached hereto and made a part hereof, as the same may be reduced pursuant to Section 2.10. The Borrower and the Term A-2 Lenders acknowledge and agree that the Term A-2 Loan Commitments of the Term A-2 Lenders aggregate $2,050.0 million as of the date hereof.
Examples of Term A-2 Loan Commitment in a sentence
Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the Term A-2 Loan) to the Borrower in Dollars on the Initial Funding Date in an amount not to exceed such Lenders Term A-2 Loan Commitment.
Notwithstanding the foregoing, if the total Term A-2 Loan Commitment as of the Closing Date is not drawn on the Closing Date, the undrawn amount shall automatically be cancelled.
Each of the Borrowers hereby consents to the assignment of any Refinanced Term A-2 Loans to any 2014 February Replacement Term A-2 Lender who is not an Existing Term A-2 Lender in accordance with the 2014 February Replacement Term A-2 Loan Commitment Schedule.
Rankin Name: Title: Chairman Title: FEIN: ------------------- --------------------- Revolving Loan Commitment: $21,666,684.00 Term ALoan Commitment: $638,889.40 Term A-2 Loan Commitment: $472,222.60 Term B Loan Commitment: $2,222,224.00 FINOVA CAPITAL CORPORATION By: ---------------------- Name: Thomas L.
Subject to the terms and conditions set forth herein, each Term A-2 Loan Lender severally agrees to make a Term A-2 Loan to the Borrower on the Closing Date in an aggregate principal amount equal to such Term A-2 Loan Lenders Term A-2 Loan Commitment.