Definition of Term B2 Commitment


Term B2 Commitment means, as to each Term B2 Lender at any time, its obligations to make Term B2 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 Lender's name on Schedule 2.01 hereto under the caption "Total Term B2 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."
Sample 1

Examples of Term B2 Commitment in a sentence

The Term B-2 Commitment of each Term B-2 Lender shall be automatically and permanently reduced to $0 on the Second Incremental Amendment Closing Date.
Additional Term B-2 Commitment means with respect to each Additional Term B-2 Lender, its commitment to make a Tranche B-2 Term Loan on the Amendment No. 4 Effective Date in an amount equal to the amount set forth on the signature page of such Additional Term B-2 Lender to the Additional Joinder Agreement.
The Term B-2 Commitment of each Term B-2 Lender shall be automatically and permanently reduced to $0 upon the making of such Term B-2 Lenders Term Loans pursuant to Section 2.01(b)(iii).
The Additional Term B-2 Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the earlier of (i) the making of such Term Lenders Term B-2 Loans pursuant to Section 2.01(b) and (ii) 5:00 p.m. on the Amendment No. 1 Effective Date.
Additional Term B-2 Commitment means with respect to each Additional Term B-2 Lender, its commitment to make a Term B-2 Loan on the Amendment No. 1 Effective Date in an amount equal to the amount set forth on the signature page of such Additional Term B-2 Lender to the Additional Term B-2 Joinder Agreement.