Term B Loan Commitment definition

Term B Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term B Loan on the Closing Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term B Loan Commitments of the Lenders aggregate $50,000,000 on the Closing Date.
Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $270,000,000.
Term B Loan Commitment means, relative to any Lender, such Lender's obligation (if any) to make Term B Loans pursuant to clause (b) of Section 2.1.3.

Examples of Term B Loan Commitment in a sentence

  • Borrower shall execute and deliver to each Lender a Term A Note, dated the Closing Date, in the principal amount of such Xxxxxx’s Pro Rata Share of the Term A Loan Commitment, a Term B Note, dated the Closing Date, in the principal amount of such Lender’s Pro Rata Share of the Term B Loan Commitment, and a Revolving Note, dated the Closing Date, in the principal amount of such Xxxxxx’s Pro Rata Share of the Revolving Loan Commitment.

  • Each Lender, severally and not jointly, agrees to lend to Xxxxxxxx, on the Closing Date, its Pro Rata Share of the Term B Loan Commitment, provided all conditions precedent set forth in Subsections 7.1 and 7.2 are satisfied or waived.


More Definitions of Term B Loan Commitment

Term B Loan Commitment means with respect to each Lender, the Initial Term B Loan Commitment of such Lender and such Lender’s commitment to make Incremental Term Loans in the form of Term B Loans as set forth in Section 2.01(d).
Term B Loan Commitment means the obligation of the Additional Term B Lender to make a Term B Loan on the Closing Date in an aggregate principal amount equal to the excess of $1,200,000,000 minus the aggregate principal amount of Converted Term B-5 Loans. The Term B Loan Commitment on the Closing Date is $823,132,823.93.
Term B Loan Commitment means, for each Lender, as of any date, the obligation of such Lender to make Term B Loans not exceeding the applicable amount of its “Term B Loan Commitment”, set forth on Schedule 1, as such amount may be modified from time to time pursuant to the terms hereof.
Term B Loan Commitment is defined in clause (b) of Section 2.1.1.
Term B Loan Commitment means with respect to each Lender, the commitment of such Lender to make Term B Loans as set forth in Section 2.01(i) (and any Incremental Term Loans in the form of Term B Loans as set forth in Section 2.01(ii)). The initial amount of each Lender’s Term B Loan Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance (or Incremental Assumption Agreement) pursuant to which such Lender shall have assumed its Term B Loan Commitment (or its Incremental Term Loan Commitment), as applicable. The aggregate amount of the Term B Loan Commitments on the Borrowing Date is $200,000,000.
Term B Loan Commitment means, with respect to each Term B Lender, the commitment of such Term B Lender to make Term B Loans hereunder as of the 2017 Refinancing Effective Date. The aggregate amount of the Term B Loan Commitments as of the 2017 Refinancing Effective Date is $800,000,000.
Term B Loan Commitment means, with respect to each Term B Lender , the commitment of such Term B Lender to make Term B Loans on the Restatement Effective Date in the amount set forth opposite the name of such Term B Lender on Schedule 2.01. The aggregate original amount of the Term B Loan Commitments is $600,000,000 minus the aggregate principal amount of Converted Existing Term B Loans.