Term A-3 Loan Commitment means, for each Term A-3 Loan Lender, the commitment to make a Term A-3 Loan to the Borrower on the Effective Date in an amount not to exceed the principal amount set forth opposite such Lender's name on Part I of Schedule II attached hereto.
Examples of Term A-3 Loan Commitment in a sentence
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).
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.
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.
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).