Term B-2 Loan Commitments definition

Term B-2 Loan Commitments means the Initial Term B-2 Loan Commitments and the Additional Term B-2 Loan Commitments.
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Term B-2 Loan Commitments as to any Term Loan B-2 Lender, the commitment of such Term B-2 Loan Lender, to make a Term B-2 Loan to the Company hereunder on the Amendment No. 3 Effective Date pursuant to the terms of Amendment No. 3 in a principal amount not to exceed the amount set forth under the heading “Term B-2 Loan Commitment” opposite such Lender’s name on Annex A. The aggregate amount of the Term B-2 Loan Commitments as of the Amendment No. 3 Effective Date is $544,510,312.50.
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Term B-2 Loan Commitments means, as to each Term B-2 Lender, its obligation to make a Term B-2 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-2 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-2 Loan Commitments as of the date hereof is $360,000,000.
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Examples of Term B-2 Loan Commitments in a sentence

  • Unless previously terminated, the Term B2 Loan Commitments shall terminate if and to the extent that the Term B2 Loans have not been made on or prior to the Effective Date.

  • Where an interested party has made a complaint about licensed premises, or a valid application for a licence to be reviewed the council may, in certain cases, initially recommend a mediation meeting to address and clarify the issues of concern.

  • On the Fourth Incremental Assumption and Amendment Agreement Effective Date (after giving effect to the funding of the Incremental Term B-2 Loans to be made on such date), the Term B-2 Loan Commitments of each Lender as of the Fourth Incremental Assumption and Amendment Agreement Effective Date will terminate.

  • The Borrower will authorize the issue of its senior secured floating rate term notes in an aggregate principal amount equal to the Term B2 Loan Commitments (all such notes, whether initially issued or issued in exchange or substitution for, any such note, in each case in accordance with this Agreement, collectively, the "B2 Notes").

  • The Borrower shall pay to the Administrative Agent for the ratable account of the Lenders in accordance with their Term B-2 Loan Commitment, a commitment fee at the rate per annum equal to 0.75% (computed on the basis of a year of 360 days and the actual number of days elapsed) on the average daily Unused Term B-2 Loan Commitments.

  • The Term B-2 Loan Commitments shall terminate upon the funding of the Term B-2 Loans in accordance with the terms hereof.

  • 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.

  • Each Additional Term B-2 Lender, the Borrowers and the Administrative Agent acknowledge and agree that the Additional Term B-2 Commitments provided pursuant to this Amendment shall constitute Term B-2 Loan Commitments for all purposes of the Amended Credit Agreement and the other applicable Credit Documents.

  • 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.

  • Each of the undersigned that is a Term B1 Loan Lender with an Additional Term B2 Loan Commitment to provide Additional Term B2 Loans hereby further (i) acknowledges its Additional Term B2 Loan Commitment in the amount set forth opposite its name on Schedule IB (Additional Term B2 Loan Commitments) to the Amendment and (ii) agrees that, on the Amendment No. 2 Effective Date, it shall pay to the Administrative Agent an amount equal to its Additional Term B2 Loan Commitment.

Related to Term B-2 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.