Term A-3 Loan Commitment means, (a) with respect to any Lender, the commitment of such Lender to make a portion of the Term A-3 Loan to the account of the Borrower hereunder on the First Amendment Effective Date and (b) as to all Lenders, the aggregate commitment of all Lenders to make such Term A-3 Loans. The initial amount of each Lender's Term A-3 Loan Commitment is set forth on Schedule 2.1 and the aggregate Term A-3 Loan Commitments of all Lenders is $250,000,000.
Examples of Term A-3 Loan Commitment in a sentence
Each Incremental Term A-3 Lender hereby agrees, severally and not jointly, to make an Incremental Term Loan to the Borrower having the same terms as the Term A-3 Facility Loans on the Effective Date in the amount of its Incremental Term A-3 Loan Commitment.
Subject to the terms and conditions set forth herein, each Term A Lender with a Term A-3 Loan Commitment severally agrees to make a single loan to the Company on the Restatement Effective Date in U.S. dollars in an amount not to exceed such Term A Lenders Term A-3 Loan Commitment.
The Incremental Term A-3 Loan Commitment of each Incremental Term A-3 Lender is in addition to such Incremental Term A-3 Lenders existing Loans and Commitments under the Credit Agreement, if any, which shall continue and, immediately after giving effect to the amendments contemplated hereby, will be subject in all respects to the terms of the Credit Agreement (and, in each case, the other Credit Documents).
Each Incremental Term A-3 Lender hereby agrees, severally and not jointly, to provide its respective Incremental Term A-3 Loan Commitment as set forth on Schedule A annexed hereto on the terms set forth in this Third Amendment, and its Incremental Term A-3 Loan Commitment shall be binding as of the Effective Date (as defined below).