Definition of Term C-2 Commitment

  1. Term C-2 Commitment means, with respect to a Term B-2 Lender, the agreement of such Term B-2 Lender to exchange the principal amount of its Term B-2 Loans set forth on the signature page to such Term B-2 Lender's Consent (or such lesser amount allocated to it by the Amendment No. 1 Arranger) for an equal principal amount of Term C-2 Loans on the Amendment No. 1 Effective Date.

Examples of Term C-2 Commitment in a sentence

  1. The Term C-2 Commitment of each Term C-2 Lender shall be automatically and permanently reduced to $0 upon the making of such Term C-2 Lenders Term Loans pursuant to Section 2.01(d)(iii).

Definition of Term C-2 Commitment in Credit Agreement

Term C-2 Commitment means, with respect to a Term B-2 Lender, the agreement of such Term B-2 Lender to exchange the principal amount of its Term B-2 Loans set forth on the signature page to such Term B-2 Lender's Consent (or such lesser amount allocated to it by the Amendment No. 1 Arranger) for an equal principal amount of Term C-2 Loans on the Amendment No. 1 Effective Date.