Definition of Term B1 Commitment


Term B1 Commitment means, with respect to any Term B1 Lender at any time, the amount set forth opposite such Lenders name on Schedule I hereto under the caption Total Term B1 Commitment or, if such Lender has entered into one or more Assignment and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(d) as such Lenders Total Term B1 Commitment, as such amount may be reduced at or prior to such time pursuant to Section 2.06. Unless the context shall otherwise require, after the effectiveness of any Incremental Term Commitment, the term Term B1 Commitment shall include such Incremental Term Commitment.
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Examples of Term B1 Commitment in a sentence

The Euro Term B-1 Commitment of each Euro Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Euro Term B-1 Lenders Term Loans pursuant to Section 2.01(b)(ii).
Immediately after the effectiveness of the First Amendment, each Lender having a Term B-1 Commitment severally agrees to make a Term B-1 Loan to the Borrower, which Term B-1 Loans shall not exceed, for any such Lender, the Term B-1 Commitment of such Lender.
On the Closing Date, each Term B-1 Lender made to the Borrower a single loan denominated in Dollars in a Dollar Amount equal to such Term B-1 Lenders Term B-1 Commitment pursuant to Section 2.01(a) of the Original Credit Agreement as in effect on the Closing Date.
The Dollar Term B-1 Commitment of each Dollar Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Dollar Term B-1 Lenders Term Loans pursuant to Section 2.01(b)(i).
Additional European Term B-1 Commitment means, with respect to each Additional European Term B-1 Lender, its commitment to make its allocated portion of the European Term B-1 Loan on the Amendment No. 1 Effective Date in the amount indicated on such Additional European Term B-1 Lenders signature page to Amendment No. 1.