Term B-1 Loan Commitments definition

Term B-1 Loan Commitments as to any Term B-1 Loan Lender, the commitment of such Term B-1 Loan Lender, to make a Term B-1 Loan to the Company hereunder on the Amendment No. 1 Effective Date pursuant to the terms of Amendment No. 1 in a principal amount not to exceed the amount set forth under the heading “Term B-1 Loan Commitment” opposite such Lender’s name on Annex A as in effect immediately prior to the Amendment No. 3
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Term B-1 Loan Commitments means, as to each Term B-1 Lender, its obligation to make a Term B-1 Loan to any Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name in the Register or in the Assignment and Assumption pursuant to which such Term B-1 Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of the Term B-1 Loan Commitments as of the date hereof is $440,000,000.
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Examples of Term B-1 Loan Commitments in a sentence

  • The aggregate amount of the Term B-1 Loan Commitments as of the Amendment No. 1 Effective Date was $124,223,730.07.

  • Each Borrowing of Term B-1 Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their then-applicable Term B-1 Loan Commitments with respect to the applicable Class.

  • On the First Incremental Effective Date (after giving effect to the funding of the Term B-1 Loans to be made on such date), the Term B-1 Loan Commitments of each Lender as of the First Incremental Effective Date will terminate.

  • On the First Incremental Assumption and Amendment Agreement Effective Date (after giving effect to the funding of the Incremental Term B-1 Loans to be made on such date), the Term B-1 Loan Commitments of each Lender as of the First Incremental Assumption and Amendment Agreement Effective Date were terminated.

  • Notwithstanding anything to the contrary in this Agreement, unless otherwise agreed to by the AAL First Out Holders and the AAL Last Out Holders, any funding of Delayed Draw Term Loans shall consistent of a funding of both Delayed Draw Term B-1 Loans and Delayed Draw Term B-2 Loans on a pro rata basis to the then existing Delayed Draw Term B-1 Loan Commitments and the Delayed Draw Term B-2 Loan Commitments.

  • The Term B-1 Loan Commitments and the Term B-2 Loan Commitments shall automatically terminate upon the making, continuing or converting of the Term B-1 Loans and the Term B-2 Loans on the ClosingTerm Loan Funding Date.

  • Unless previously terminated, the December 2018 Incremental Term B-1 Loan Commitments shall terminate at 11:59 p.m., New York City time, on the December 2018 Effective Date.

  • The Term B-1 Loans shall be advanced in a single Borrowing on the Closing Date and shall be made ratably by the Lenders in proportion to their respective Term B-1 Loan Percentages, at which time the Term B-1 Loan Commitments shall expire.

  • Unless previously terminated, the 2023 Refinancing Term B-1 Loan Commitments shall terminate at 11:59 p.m., New York City time, on the Effective Date.

  • The Term B-1 Loan Commitments shall automatically terminate upon the making (or deemed making) of the Term B-1 Loans on the First Amendment Effective Date.

Related to Term B-1 Loan Commitments

  • 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.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Term Commitment means, as to each Term Lender, its obligation to make Term Loans to the Borrowers 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 Lender’s name on Schedule 2.01 under the caption “Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).