Term B Dollar Commitment means, with respect to a Consenting Term B1 Dollar Lender, the agreement of such Term B1 Dollar Lender to exchange its Term B1 Dollar Loans for an equal aggregate principal amount of Term B Dollar Loans on the Fourth Amendment Effective Date pursuant to Section 2.1(a)(ii) hereof, as evidenced by such Term B1 Dollar Lender executing and delivering the Fourth Amendment.
Examples of Term B Dollar Commitment in a sentence
Additional Term B Dollar Commitment means, with respect to any Lender, the principal amount set forth opposite such Lenders name on Schedule 1.1 to the First Amendment, as such commitment may be adjusted from time to time pursuant to this Agreement, and Additional Term B Dollar Commitments means such commitments collectively, which commitments equal $200,000,000 in the aggregate as of the First Amendment Effective Date.
Each Lenders Additional Term B Dollar Commitment shall expire immediately and without further action on the Additional Term B Dollar Borrowing Date, after giving effect to the Additional Term B Dollar Loans made thereon.
Each Term B Dollar Lenders Term B Dollar Commitment shall expire immediately and without further action on the Initial Borrowing Date if the Term Loans are not made on the Initial Borrowing Date.
Each Term B Dollar Lender, severally and for itself alone, hereby agrees, on the terms and subject to the conditions hereinafter set forth and in reliance upon the representations and warranties set forth herein and in the other Loan Documents, to make a loan (each such loan, a Term B Dollar Loan and collectively, the Term B Dollar Loans) to U.S. Borrower on the Initial Borrowing Date in an aggregate principal amount equal to the Term B Dollar Commitment of such Term B Dollar Lender.
Each Lenders Second Additional Term B Dollar Commitment shall expire immediately and without further action on the earlier of (i) the Second Additional Term B Dollar Borrowing Date, after giving effect to the Second Additional Term B Dollar Loans made thereon or (ii) 5:00 p.m. (New York time), July 14, 2006.