Term B1 Commitment means, as to each Term B Lender, its obligation to make Term B1 Loans to the Borrower pursuant to Section 2.01(a)(i) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term B Lender’s name on Schedule 2.01 under the caption “Term B1 Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term B Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

Term B1 Commitment is defined in Subpart 2.1.2. "Term B1 Lender" is defined in Subpart 2.1.2.

Term B1 Commitment means, with respect to a Term B Lender, the agreement of such Term B Lender to exchange its Term B Advances for an equal aggregate principal amount of Term B1 Advances on the Fifth Amendment Effective Date, as evidenced by such Term B Lender executing and delivering the Fifth Amendment.

Examples of Term B1 Commitment in a sentence

The Term B-1 Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term B-1 Lender’s Term Loans pursuant to Section 2.01(a).
Subject to the terms and conditions set forth herein and in Amendment No. 1, each Additional U.S. Term B-1 Lender severally agrees to make an Additional U.S. Term B-1 Loan to the Borrower on the Amendment No. 1 Effective Date in the principal amount equal to its Additional U.S. Term B-1 Commitment on the Amendment No. 1 Effective Date.
On the terms and subject to the conditions contained in this Agreement, each U.S. Term B-1 Lender severally agrees to make a loan (each a “U.S. Term B-1 Loan”) in Dollars to the U.S. Borrower on the Incremental Amendment No. 2 Effective Date, in an amount equal to such Lender’s U.S. Term B-1 Commitment.
Subject to the terms and conditions set forth herein and Amendment No. 1, each Term B-1 Lender with an Term B-1 Commitment severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to such Term B-1 Lender’s Term B-1 Commitment on the Amendment No. 1 Effective Date.
Each Term B-1 Lender severally agrees to make to the Borrowers a single loan denominated in Dollars in a principal amount equal to such Term B-1 Lender’s Term B-1 Commitment on the Escrow Closing Date.

More Definitions of Term B1 Commitment

Term B1 Commitment as to any Lender, the obligation of such Lender, if any, to make a Term B1 Loan to the Borrower on the Amendment No. 12 Effective Date in a principal amount not to exceed the amount set forth under the heading “Term B1 Commitment” opposite such Lender’s name on Annex A-1, or, as the case may be, in the Assignment and Assumption pursuant to which such Lender became a party hereto. The aggregate amount of the Term B1 Commitments is $2,437,673.62.20,652,073.92.

Term B1 Commitment as to any Lender, the obligation of such Lender, if any, to make a Term B1 Loan to the Borrower in a principal amount not to exceed the amount set forth under the heading “Term B1 Commitment” opposite such Lender’s name on Annex A-1, or, as the case may be, in the Assignment and Assumption pursuant to which such Lender became a party hereto. The aggregate amount of the Term B1 Commitments is $200,000,000.

Term B1 Commitment means, in relation to a Term B1 Bank at any time and save as otherwise provided herein, the amount set out opposite its name under the heading "TERM B1 COMMITMENT" in Part III of Schedule 1 (THE BANKS) PROVIDED THAT the Term B1 Commitment of each Term B1 Bank shall be reduced on each date set out in Clause 11.1 (TERM REPAYMENT INSTALMENTS) by the percentage set out opposite such date under the heading "Percentage of Term B1 Outstandings and Term B2 Outstandings".

Term B1 Commitment means, with respect to any Term B1 Lender at any time, the amount set forth opposite such Lender’s 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 Lender’s “Total Term B1 Commitment”, as such amount may be reduced at or prior to such time pursuant to Section 2.06.

Term B1 Commitment means, as to each Term B1 Lender at any time, its obligation to exchange and convert Existing Term B Loans for and into Term B1 Loans and to make Term B1 Loans on the First Amendment Effective Date to the Borrower pursuant to Section 2.01(a)(ii) or (iii), as applicable, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term B1 Lender’s name on Schedule 2.01 attached to the First Amendment under the caption “Total Term B1 Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate Commitment of all Term B1 Lenders shall be $895,500,000 on the First Amendment Effective Date.

Term B1 Commitment means: (a) as to each Term B Lender that executes and delivers the First Amendment as a Term B Lender at or prior to 1:00 p.m. (Eastern time) on the Term B1 Facility Effective Date, the commitment and obligation of such Term B Lender to exchange, on and as of the Term B1 Facility Effective Date, all of its Term B Loans for Term B1 Loans in the same aggregate original principal amount as the Outstanding Amount of such Term B Lender’s Term B Loans immediately prior to the Term B1 Facility Effective Date; and (b) as to each Additional Term B1 Lender, the commitment and obligation of such Term B1 Lender to make Additional Term B1 Loans to the Borrower pursuant to Section 2.1(a)(ii) in the aggregate initial principal amount not to exceed the amount set forth opposite such Additional Term B1 Lender’s name under the caption “Additional Term B1 Commitment” on Schedule 2.1 (as amended by the First Amendment).