Definition of Term B Euro Commitment


Term B Euro Commitment means, with respect to a Consenting Term B1 Euro Lender, the agreement of such Term B1 Euro Lender to exchange its Term B1 Euro Loans for an equal aggregate principal amount of Term B Euro Loans on the Fourth Amendment Effective Date pursuant to Section 2.1(a)(iii) hereof, as evidenced by such Term B1 Euro Lender executing and delivering the Fourth Amendment. CHI:1513711.9
Sample 1 Sample 2

Examples of Term B Euro Commitment in a sentence

Each Term B Euro Lenders Term B Euro 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 Euro 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 Euro Loan and collectively, the Term B Euro Loans) to European Borrower on the Initial Borrowing Date in an aggregate principal amount equal to the Term B Euro Commitment of such Term B Euro Lender.
The Additional Term B Euro Commitment of each Additional Term B Euro Lender was automatically and permanently reduced to $0 upon the funding of such Additional Term B Euro Loan made by it on theIncremental Term B-1 Euro Loan made by it on the Amendment No. 1 Effective Date pursuant to Section 2.01(b)(iv) of the Third Amended and Restated Credit Agreement.
Each reduction or adjustment to the Commitments pursuant to this Section 4.2 shall apply proportionately to the Term B Dollar Commitment, the Term B Euro Commitment or the Revolving Commitment, as the case may be, of each Lender.
Additional Term B Euro Lender means a Person with an Additional Term B Euro Commitment to make Additional Term B Euro Loans to European Holdco on the Fourth Amendment Effective Date.