Term Commitments definition

Term Commitments means a Term B Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.
Term Commitments means each Lender’s Initial Term Commitments and Incremental Term Commitments.
Term Commitments means the Term A Commitments and the Term B Commitments.

Examples of Term Commitments in a sentence

  • The Initial Term Loans made on the Second Amendment Effective Date were made as part of a Borrowing consisting of Term Loans of the same Type made by the Initial Term Lenders ratably in accordance with their respective Initial Term Commitments.

  • For purposes of this Section, a ▇▇▇▇▇▇’s “pro rata share” shall be determined based upon its share of the sum of the total Revolving Credit Exposures, unused Revolving Credit Commitments and, except for purposes of the second proviso of the immediately preceding sentence, the outstanding Term Loans and unused Term Commitments, in each case at that time.

  • The Incremental Term Commitments made as of October 14, 2025 terminated upon the funding of such Incremental Term Loans on October 14, 2025.

  • The Initial Term Commitments terminated upon the funding of the Initial Term Loans on the Second Amendment Effective Date.


More Definitions of Term Commitments

Term Commitments means, collectively, the Tranche A Term Commitments, the Tranche B Term Commitments and any commitments to make Incremental Term Loans.
Term Commitments means an Initial Term Commitment, Delayed Draw Term Commitment or a commitment in respect of any Incremental Term Loan or any combination thereof, as the context may require.
Term Commitments means a commitment in respect of any Incremental Term Loans.
Term Commitments means the Tranche A Term Loan Commitments and the Tranche B Term Loan Commitments.
Term Commitments means, as to each Term Lender, its obligation to make a Term Loan to the Borrower pursuant to Section 2.01 in an aggregate amount not to exceed the amount specified opposite such Lender’s name in Schedule 2.01 hereto under the caption “Term Commitment” as of the Closing Date or in the Assignment and Assumption Agreement pursuant to which such Term Lender becomes a party hereto, as applicable, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to (i) assignments by or to such Term Lender pursuant to an Assignment and Assumption Agreement, (ii) an Incremental Amendment or (iii) an Extension Amendment. The initial amount of each Term Lender’s Term Commitment is specified in Schedule 2.01 hereto under the caption “Term Commitment” as of the Closing Date or, otherwise, in the Assignment and Assumption Agreement, Incremental Amendment or Extension Amendment pursuant to which such Lender shall have assumed or made its Commitment, as the case may be. The initial aggregate amount of the Term Commitments is $1,250,000,000.00.
Term Commitments means each of the U.S. Term A Commitments, U.S. Term B Commitments, Canadian Term A Commitments, Yen Term C Commitments and, if applicable, New Term Commitments with respect to any Series.
Term Commitments means, collectively, the Initial Term Commitments, the Fourth Amendment Term Commitments and any commitments to make Incremental Term Loans.