Term C Loan Commitment definition

Term C Loan Commitment means, for any Lender, the obligation of such Lender to make a Term C Loan, up to the principal amount shown on Schedule 1.1. “Term C Loan Commitments” means the aggregate amount of the Term C Loan Commitments of all Lenders.
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Term C Loan Commitment is defined in clause (c) of Section 2.1.1.
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Term C Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term C Loan on the Closing Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term C Loan Commitments of the Lenders aggregate $100,000,000 on the First Amendment Closing Date.
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Examples of Term C Loan Commitment in a sentence

  • On the First Amendment Closing Date, the full amount of the Term C Loan Commitment shall be utilized to repay outstanding amounts under the Revolving Loans.

  • This Guaranty shall remain in full force and effect until all obligations of the Company in respect of Loans made pursuant to the Term C Loan Commitment and which are subject to this Guaranty have been paid in full in cash (including, without limitation, cash obtained by way of set-off), all obligations of the Guarantor hereunder, including without limitation under Section 2.1, have been satisfied and the Term C Loan Commitment of each Lender shall have terminated.

  • On the Closing Date (after giving effect to the incurrence of Initial Term C Loans on such date), the Initial Term C Loan Commitment of each Lender shall terminate.

  • In addition, the Company acknowledges and agrees that any reduction of the Term A Loan Commitment, the Term B Loan Commitment and the Term C Loan Commitment shall be calculated and reduced pro rata among all such loan commitments.

  • Subject to the terms and conditions of this Agreement, upon Borrower’s request, during the Term C Loan Draw Period, the Lenders, severally and not jointly, shall make term loan advances available to Borrower in an original principal amount of up to Ten Million Dollars ($10,000,000.00) according to each Lender’s Term C Loan Commitment as set forth on Schedule 1 hereto (each, a “Term C Loan Advance” and, collectively, the “Term C Loan Advances”).


More Definitions of Term C Loan Commitment

Term C Loan Commitment shall have the meaning set forth in the Credit Agreement.
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Term C Loan Commitment means, in relation to a Bank, the principal amount described as such set opposite its name in Schedule 1 (The Banks) or set out under the heading "Amount of Commitment Transferred" in the Schedule to any relevant Transfer Certificate, in each case, as reduced or cancelled in accordance with this Agreement.
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Term C Loan Commitment means, with respect to any Lender, such Lender’s Closing Date Term C Loan Commitment or such Lender’s Delayed Draw Term C Loan Commitment, and “Term C Loan Commitments” shall mean such commitments of all Lenders.
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Term C Loan Commitment means the commitment of a Lender to make or otherwise fund a Term C Loan and “Term C Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Term C Loan Commitment, if any, is set forth on Appendix A-2. The aggregate amount of the Term C Loan Commitments as of the Closing Date is $0 (it being understood that the Borrower elected to reduce the aggregate amount of the Term C Loan Commitments to $0 by notice to the Administrative Agent after the pricing and allocation of the Initial Term B Loans in connection with the primary syndication thereof and prior to the Closing Date).
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Term C Loan Commitment means the commitment of a Lender to make a ---------------------- Term C Loan to Company pursuant to subsection 2.1A(iii) of this Agreement, and "Term C Loan Commitments" means such commitments of all Lenders in the ----------------------- aggregate.
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Term C Loan Commitment means, on the date hereof, the amount set forth opposite such Lender’s name on Schedule 1.1(a) as such Lender’s “Term C Loan Commitment”, in each case as the same may be changed from time to time pursuant to the terms hereof.
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Term C Loan Commitment means with respect to each Lender, the commitment of such Lender to make Term C Loans as set forth in Section 2.01(a) or Incremental Term Loans in the form of Term C Loans as set forth in Section 2.01(b). The initial amount of each Lender’s Term C Loan Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Term C Loan Commitment (or its Incremental Term Commitment), as applicable. The aggregate amount of the Term C Loan Commitments on the Effective Date is $300.0 million.
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