Definition of Term B-2 Loan Commitment

  1. Term B-2 Loan Commitment means (a) as to any Lender, the several obligation of such Lender to advance to the Borrower its respective portion of the Term B-2 Loan, in accordance with its respective Term B-2 Loan Commitment Ratio and (b) as to all Lenders, the aggregate commitments of such Lenders to make Term B-2 Loans. The aggregate Term B-2 Loan Commitment of all the Lenders is $556,437,500 as of the Restatement Effective Date.

Examples of Term B-2 Loan Commitment in a sentence

  1. It is understood and agreed that in accordance with Section 2.06(b)(ii)(B), the aggregate Term B-2 Loan Commitment shall be permanently reduced on a Dollar for Dollar basis in an amount equal to the aggregate principal amount of the Private Placement Notes issued pursuant to the Private Placement Note Purchase Agreement on or prior to the Commitment Effective Date.

Definition of Term B-2 Loan Commitment in First Amendment

Term B-2 Loan Commitment means (i) as to each Term B-1 Lender, the commitment of such Lender to exchange its Term B-1 Loan for a like principal amount in Dollars of a Term B-2 Loan on the Term B-2 Facility Effective Date in an amount in Dollars set forth next to the name of such Lender on Schedule 2.01 under the caption "Term B-2 Commitment" and (ii) as to each Term B-2 Lender, the Additional Term B-2 Loan Commitment of such Lender.


Definition of Term B-2 Loan Commitment in Facility Agreement

Term B-2 Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Term B-2 Loan on the Refinancing Date, expressed as an amount representing the maximum principal amount of the Term B-2 Loan to be made by such Lender, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The amount of each Lender's Term B-2 Loan Commitment on the Refinancing Date is the amount of its "New Term B-2 Loan Commitment" as defined in the 2015 Refinancing Facility Agreement. The initial aggregate amount of the Lenders' Term B-2 Loan Commitments on the Refinancing Date is $300,000,000.


Definition of Term B-2 Loan Commitment in Credit and Guaranty Agreement

Term B-2 Loan Commitment means the commitment of each Term B-2 Lender to make Term B-2 Loans hereunder in an aggregate principal amount not to exceed the amount set forth under the heading "Term B-2 Loan Commitment" opposite its name in Annex A hereto or in the Assignment and Acceptance pursuant to which such Term B-2 Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of the Term B-2 Loan Commitments as of the Closing Date is $400,000,000.