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."

Examples of Term B2 Commitment in a sentence

Bank's Participation in the Term Facilities: (a) Bank's Term A1 Commitment Portion Transferred (b) Bank's Term A2 Commitment Portion Transferred (c) Bank's Term B1 Commitment Portion Transferred (d) Bank's Term B2 Commitment Portion Transferred (e) Bank's Term C Commitment Portion Transferred 5.
Upon any reduction of the unused portion of the aggregate Term B2 Commitments or Term B3 Commitments, the Term B2 Commitment or (as the case may be) the Term B3 Commitment of each Term B Lender shall be reduced by such Lenders ratable portion of such reduction amount.