Term B-5 Commitments definition
Examples of Term B-5 Commitments in a sentence
The Lenders party to Amendment No. 6 and the Administrative Agent hereby waive any requirement for the Borrower to deliver an Incremental Loan Request with respect to the Incremental Commitments establishing the Term B-5 Commitments pursuant to Amendment No. 6 on the Amendment No. 6 Effective Date.
The Term B-5 Lender, the Borrower and the Administrative Agent acknowledge and agree that the Term B-5 Commitments provided pursuant to this Agreement shall constitute Incremental Commitments for all purposes of the Credit Agreement and the other applicable Loan Documents.
The Term B-5 Commitments provided pursuant to this Agreement shall be subject to all of the terms in the Credit Agreement and to the conditions set forth in the Credit Agreement, and shall be entitled to all the benefits afforded by the Credit Agreement and the other Loan Documents, and shall, without limiting the foregoing, benefit equally and ratably from the Guarantees and security interests created by the Collateral Documents.
After giving effect to Amendment No. 6, on the Amendment No. 6 Effective Date, the aggregate amount of the Term B-5 Commitments shall be $632,617,132.97.
For the avoidance of doubt, the Term B-5 Commitments constitute Incremental Commitments.