Examples of Term B-4 Loan Commitment in a sentence
The Term B-4 Loan Commitment of the Term B-4 Lender shall be automatically and permanently reduced to $0 upon the funding of the Term B-4 Loans made by it on the Third Amendment Effective Date.
Subject to the terms and conditions set forth herein and in Amendment No. 3, the Term B-4 Lender agrees to make a Term B-4 Loan to the Borrower on the Third Amendment Effective Date in Dollars in a principal amount not to exceed its Term B-4 Loan Commitment.
The Term B-4 Loan Commitment of each Term B-4 Lender shall be automatically and permanently reduced to $0 upon the funding of Fifth Amendment Effective Date Term Loans made by it on the Fifth Amendment Effective Date.
Subject to the terms and conditions set forth herein, each Incremental Lender agrees to make Term B-4 Loans to the Borrower on the Incremental Effective Date in a principal amount not to exceed such Incremental Lender’s Term B-4 Loan Commitment in accordance with the applicable procedures set forth in Article II of the Credit Agreement.
The payment of such Closing Fee shall not reduce the principal amount of the Term B-4 Loan made by such Incremental Lender, and the disbursement of the proceeds of such Term B-4 Loan, exclusive of the amount of such Closing Fee, shall satisfy such Incremental Lender’s Term B-4 Loan Commitment relating thereto in full.