Definition of Term B1 Loan Commitment

  1. 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.

Examples of Term B1 Loan Commitment in a sentence

  1. B1 Loan Note means a promissory note of the Borrower payable to the order of any Term B1 Loan Lender in a principal amount equal to the amount of such Lenders Term B1 Loan Commitment evidencing the Indebtedness of the Borrower to such Lender resulting from the Term B1 Loan owing to such Lender.

Definition of Term B1 Loan Commitment in Amended and Restated Credit Agreement

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.