Definition of Term Commitment Percentage


Term Commitment Percentage means, for each Lender, the percentage of the aggregate Term Commitments represented by such Lender's Term Commitment at such time and identified as its Term Commitment Percentage on Schedule 2.01, as such percentage may be (i) increased pursuant to Section 2.15 or reduced pursuant to Section 2.10 and (ii) modified in connection with any Assignment and Assumption made in accordance with the provisions of Section 10.06(b).
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Examples of Term Commitment Percentage in a sentence

Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make a single loan to the Borrower on the Closing Date in an amount not to exceed such Term Lenders Term Commitment Percentage of the Term Facility.
Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make a Term Loan to the Borrower on the Closing Date in an amount not to exceed such Term Lenders Term Commitment Percentage of the Term Facility.
Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make a single loan denominated in Dollars to the Borrower on the Closing Date in an amount not to exceed such Term Lender's Term Commitment Percentage of the Term Facility.
Each Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Applicable Term Commitment Percentage.
Each Term Lender will make its Term Commitment Percentage of each Term Loan borrowing available to the Administrative Agent for the account of the Borrower at the office of the Administrative Agent specified in Section 9.2, or at such other office as the Administrative Agent may designate in writing, by 2:00 P.M. on the date specified in the Notice of Borrowing, in Dollars and in funds immediately available to the Administrative Agent.