Definition of Term C-1 Commitment


Term C-1 Commitment means a Dollar Term C-1 Commitment or a Euro Term C-1 Commitment.
Sample 1

Examples of Term C-1 Commitment in a sentence

The Euro Term C-1 Commitment of each Euro Term C-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Euro Term C-1 Lenders Term Loans pursuant to Section 2.01(d)(ii).
The Dollar Term C-1 Commitment of each Dollar Term C-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Dollar Term C-1 Lenders Term Loans pursuant to Section 2.01(d)(i).
Subject to the terms and conditions hereof, each Additional Term C1 Lender severally agrees to make Term C1 Advances to the U.S. Borrower on the First Amendment Effective Date in a principal amount equal to its Term C1 Commitment on the First Amendment Effective Date.
Subject to the terms and conditions hereof, each Term C Lender with a Term C1 Commitment severally agrees to exchange its Term C Advance for a like principal amount of Term C1 Advances on the First Amendment Effective Date, and from and after the First Amendment Effective date such Term C Advance shall be deemed refinanced in full and such Term C1 Advances shall be deemed made hereunder.