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 the Term A Commitments and the Term B Commitments.

Term Commitments means, collectively, the Tranche A Term Commitments, the Tranche B Term Commitments and any commitments to make Incremental Term Loans.

Examples of Term Commitments in a sentence

• Any Lender who receives a Term Loan Request that has not communicated its desire to provide any such new Term Commitments in writing to Administrative Agent and Borrower within ten (10) Business Days after the date of such Term Loan Request shall be deemed to have declined to participate in providing Term Commitments in respect of such Term Loan Request.

• Any Term Commitments effected through the establishment of one or more new Term Loans made on a Term Loan Facility Closing Date shall be designated for all purposes of this Agreement as either (x) a new Class of Term Commitments or (y) an increase to an existing Class of Term Loans.

• Each such notice shall specify the date (each, an “Increased AmountDate”) on which the Borrower proposes that the New Term Commitments shall be effective, which shallbe a date not less than five Business Days after the date on which such notice is delivered to the Agent(or such shorter period as may be agreed by the Agent); provided that any Lender offered or approachedto provide all or a portion of the New Term Commitments may elect or decline, in its sole discretion, toprovide a New Term Commitment.

• The terms, provisions and documentation of the Term Loans and Term Commitments of any Class shall be as agreed between the Borrower and the applicable Term Lenders providing such Term Commitments.

• It is understood that final allocations of the Term Commitments in respect of each Term Loan Request shall be made at Borrower’s election in consultation with Administrative Agent.

More Definitions of Term Commitments

Term Commitments means each Lender’s Initial Term Commitments and Incremental Term Commitments.

Term Commitments means the Tranche A Term Loan Commitments and the Tranche B Term Loan Commitments.

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, 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 the U.S. Term B Commitments and any Incremental Term Commitment.

Term Commitments means each of the Initial Term Commitments and, if applicable, New Term Commitments with respect to any Series.

Term Commitments means the aggregate of such commitments for all Term Lenders, and the aggregate amount of the Term Commitments on the Effective Date is $2,260,000,000.00.