Definition of Term B-2 Commitments


Term B-2 Commitments means as to each Term B-2 Lender, its obligation to make a Term B-2 Loan to the Borrower pursuant to Section 2.01(a)(iii) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term B-2 Lender's name on Schedule 2.01 under the caption "Term B-2 Commitment" or opposite such caption in the Assignment and Assumption pursuant to which such Term B-2 Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. As of the Term B-2 Effective Date, the aggregate amount of the Term B-2 Commitments shall not exceed EU1,000,000,000.
Sample 1

Examples of Term B-2 Commitments in a sentence

The aggregate principal amount of the Additional Term B-2 Commitments shall be equal to $315,000,000 minus the aggregate principal amount of the Converted Term Loans of all Lenders that are converted to Tranche B-2 Term Loans.
All Borrowings of Tranche B-2 Term Loans, Tranche C-2 Term Loans and Incremental Term Loans of a given Tranche under this Agreement shall be incurred from the Lenders pro rata on the basis of such Lenders Additional Term B-2 Commitments, Additional Term C-2 Commitments or Incremental Term Loan Commitments, as the case may be.
The Additional Term B-2 Commitments of the Additional Term B-2 Lenders shall be automatically and permanently reduced to $0 on the Third Amendment Closing Date.
The Borrower will use the proceeds of the Term B-2 Loans made pursuant to the Term B-2 Commitments as provided in the recitals to this Agreement.
The aggregate principal amount of the Additional Term B-2 Commitments shall be equal to $1,007,062,500 minus the aggregate principal amount of the Converted Term B-1 Loans of all Lenders.