Term B1 Loan Commitment definition

Term B1 Loan Commitment means, with respect to each Term Bi Loan Lender, the agreement of such Lender to make Term Bi Loans to the Borrower during the Term Loan Availability Period. The initial amount of each Lender's Term Bi Loan Commitment is set forth on Schedule 2.1. The aggregate original amount of the Term B 1 Loan Commitments is $40,000,000.
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Term B1 Loan Commitment means, with respect to each Term B1 Loan Lender, the commitment of such Lender to make Term B1 Loans to the Borrower as such amount may be increased or reduced from time to time to reflect each Assignment and Acceptance executed by such Lender and as such amount may be reduced pursuant to this Agreement. The aggregate amount of the Term B1 Loan Commitments of all Term B1 Loan Lenders shall not exceed $250,000,000.
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Examples of Term B1 Loan Commitment in a sentence

  • Elsewhere the provision of protected crossings may only serve a few pedestrian desire lines (i.e. the desired route a person would wish to take when moving through an area).There is a presumption that the provision of protected at-grade crossings will prejudice vehicle journey time reliability targets.

  • Notwithstanding the foregoing, if the total Term B-1 Loan Commitment as of the Effective Date is not drawn on the Effective Date, the undrawn amount shall automatically be cancelled.

  • In addition to any other mandatory commitment reductions pursuant to this Section 4.02, the Additional Term B-1 Loan Commitment shall terminate in its entirety on the Amendment No. 3 Effective Date after the funding of all Term B-1 Loans to be funded pursuant thereto on such date.

  • The Mayor and Borough Clerk be and they are hereby authorized and directed to enter into a contract with Robert N.

  • Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Term B-1 Loan”) to the Borrower on the Commitment Effective Date in an amount not to exceed such Lender’s Term B-1 Loan Commitment.

  • The Borrower further agrees to pay to the Administrative Agent for the account of each Term B1 Lender a commitment fee, which shall accrue at a rate per annum equal to 0.5% on the daily average unused amount of the respective Term B1 Loan Commitment of such Lender during the period from and including the Effective Date to but excluding the last day of the Term Loan Availability Period.

  • Subject to the terms and conditions hereof and of Amendment No. 1, the Term B-1 Loan Lenders severally and not jointly, agree to make term loans in Dollars (each, a “Term B-1 Loan”) to the Company on the Amendment No. 1 Effective Date pursuant to Amendment No. 1 in an amount for each Term B-1 Loan Lender not to exceed the amount of the Term B-1 Loan Commitment of such Lender.

  • As set forth in Section 2.01(b)(ii) of Credit Agreement as amended by this Amendment, each Term Lender with a Term B-2 Loan Commitment shall be deemed, upon the Term B-2 Facility Effective Date, to have exchanged its Term B-1 Loan Commitment and Term B-1 Loan for a Term B-2 Commitment and Term B-2 Loan in the same aggregate principal amount as such Lender’s outstanding Term B-1 Loan as in effect immediately prior to the Term B-2 Facility Effective Date.

  • Subject to the terms and conditions hereof and in the Credit Agreement, each Dollar Term B-1 Lender severally agrees to make a loan (a “Dollar Term B-1 Loan”) on the Incremental Amendment Effective Date in an amount equal to its Dollar Term B-1 Loan Commitment.

  • Subject to the terms and conditions hereof and in the Credit Agreement, each Euro Term B-1 Lender severally agrees to make a loan (a “Euro Term B-1 Loan”) on the Incremental Amendment Effective Date in an amount equal to its Euro Term B-1 Loan Commitment.

Related to Term B1 Loan Commitment

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

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

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Term Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to the Borrower in a principal amount not to exceed the amount set forth under the heading “Term Commitment” opposite such Lender’s name on Schedule 1.1.

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(a) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $795,000,000.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.