Definition of Term B Loan Commitment

  1. 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.

Examples of Term B Loan Commitment in a sentence

  1. Lender agrees to make (a) a Term A Loan to Borrower on the Closing Date in an amount equal to the Term A Loan Commitment as of the Closing Date, and (b) a Term B Loan to Borrower on the Closing Date in an amount equal to the Term B Loan Commitment as of the Closing Date.

Definition of Term B Loan Commitment in Credit Agreement

Term B Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make (by conversion or funding) a Term B Loan on the First Amendment Effective Date in an aggregate outstanding amount not exceeding the amount of such Lender's Term B Loan Commitment as set forth on Exhibit A to the First Amendment. The amount of each Lender's Term B Loan Commitment on the First Amendment Effective Date is set forth on Exhibit A to the First Amendment. The aggregate amount of the Term B Loan Commitment on the First Amendment Effective Date is $274,312,500."


Definition of Term B Loan Commitment in Loan and Security Agreement

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.


Definition of Term B Loan Commitment in Incremental Assumption Agreement

Term B Loan Commitment means, with respect to any Lender, such Lender's commitment to make or otherwise fund a Term B Loan pursuant to Section 2.01(a)(ii), and "Term B Loan Commitments" shall mean such commitments of all such Lenders in the aggregate. The amount of each Lender's Term B Loan Commitment is set forth on the Lender Addendum delivered by such Lender on or prior to the Closing Date. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $415,000,000.