Definition of Term Commitment

  1. Term Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to the Borrower in a principal amount not to exceed the amount set forth under the heading "Term Commitment" opposite such Lender's name on Schedule 1.1.
  2. Term Commitment means an Original Term Commitment, a New Term Commitment and/or a New2016 Term Commitment, as applicable.
  3. Term Commitment means $8,000,000.

Examples of Term Commitment in a sentence

  1. The Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lenders Term Loans pursuant to Section 2.01(a).
  2. Term Commitment means an Original Term Commitment, an Additional Term Commitment, a December 2016 Additional Term Commitment, or an April 3, 2017 Additional Term Commitment, or all of them, as the context may require.
  3. Term Loan means any Loan made pursuant to a Lenders Term Commitment.

Definition of Term Commitment in Credit Agreement

Term Commitment means, as to each Lender, its obligation to make Committed Term Loans to the Borrower pursuant to Section 2.01(b), 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 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.


Definition of Term Commitment in Amended and Restated Credit Agreement

Term Commitment means, with respect to each Lender, the commitment of such Lender to make Term Loans hereunder on the Closing Date in the amount set forth on Annex I hereto or on Schedule 1 to the Assignment and Acceptance pursuant to which such Lender assumed its Term Commitment, as applicable, as the same may be (a) increased from time to time pursuant to Section 2.21 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 11.04. In addition, the Term Commitment of each Lender shall include any commitment to make Extended Term Loans or Specified Refinancing Term Loans. The aggregate principal amount of the Lenders' Term Commitments on the Closing Date is $628,375,000.


Definition of Term Commitment in Restated Credit Agreement

Term Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to the Borrower in a principal amount not to exceed the amount set forth under the heading "Term Commitment" opposite such Lender's name on Schedule 1.1.