Term B-3 Commitment means, with respect to the Initial Term B-3 Lender, its commitment to make a Term B-3 Loan on the Amendment No. 7 Effective Date in an amount equal to $280.0 million.
Term B-3 Commitment means, as to each Term B-3 Lender, its obligation to make Term B-3 Loans to the Company pursuant to the Incremental Joinder in the principal amount stated therein pursuant to which such Term B-3 Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.
Term B-3 Commitment means the Additional Term B-3 Commitment and the Term B-3 Exchange Commitments. After giving effect to Amendment No. 4, on the Amendment No. 4 Effective Date, the aggregate amount of the Term B-3 Commitments shall be $640,748,413.
Examples of Term B-3 Commitment in a sentence
Each of the parties hereto agrees that, effective on the Amendment No. 1 Effective Date, Schedule 2.01 of the Credit Agreement shall be modified to reflect the 2024 Additional Term Commitment of each 2024 Additional Term Loan Lender as an additional Term B-3 Commitment.
More Definitions of Term B-3 Commitment
Term B-3 Commitment means, with respect to a Term Lender, the agreement of such Term Lender to exchange the entire principal amount of its Term B-1 Loans (or such lesser amount allocated to it by the Amendment No. 3 Arrangers) and Term B-2 Loans (or such lesser amount allocated to it by the Amendment No. 3 Arrangers) for a principal amount of Term B-3 Loans equal to such entire principal amount (or such lesser amount) on the Amendment No. 3 Effective Date. For the avoidance of doubt, the Term B-3 Commitments constitute Refinancing Term Commitments.
Term B-3 Commitment means, with respect to a Term B-2 Lender, the agreement of such Term B-2 Lender to exchange the entire principal amount of its Term B-2 Loans (or such lesser amount allocated to it by the Arrangers) for an equal principal amount of Term B-3 Loans on the Amendment No. 4 Effective Date.
Term B-3 Commitment means, with respect to each applicable Term B-3 Lender, the commitment of such Term B-3 Lender to make a Term B-3 Loan under the First Amendment on the First Amendment Effective Date, expressed as an amount representing the maximum principal amount of the Term B-3 Loan to be made by such Term B-3 Lender hereunder, 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 Term B-3 Lender pursuant to an Assignment and Assumption. The initial amount of each Term B-3 Lender’s Term B-3 Commitment is set forth on Schedule 2.01(d) or in the Assignment and Assumption pursuant to which such Term B-3 Lender shall have assumed its Term B-3 Commitment, as the case may be. As of the First Amendment Effective Date, the total Term B-3 Commitment is $6,595,000,000.
Term B-3 Commitment means, as to each Term B-3 Lender, its obligation to make a Term B-3 Loan to Luxco Borrower pursuant to Section 2.01(a)(iv) in an aggregate amount not to exceed the amount set forth opposite such Term B-3 Lender’s name on Schedule 2.01 under the caption “Term B-3 Commitment” or in the Assignment and Assumption pursuant to which such 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-3 Commitments as of the Closing Date is $550,000,000.
Term B-3 Commitment means, with respect to each Term B-3 Lender, such Term B-3 Lender’s commitment to make Term B-3 Loans to the Borrower in accordance with Amendment No. 9.
Term B-3 Commitment means, with respect to a Person, the agreement of such Person to make a Term B-3 Loan on the Amendment No. 3, in the amount set forth on the Amendment No. 3 Joinder of such Person. The aggregate amount of the Term B-3 Commitments shall equal $160,000,000.
Term B-3 Commitment has the meaning set forth in Incremental Amendment No. 2.