Examples of Term Committed Amount in a sentence
Each Lender severally has made available to the Borrower such Lender's Term Loan Commitment Percentage of a term loan in Dollars (the "Term Loan") provided, however, that with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Term Loans shall not exceed the lesser of (A) the Term Committed Amount then in effect, (B) the Term Borrowing Base and (C) the Aggregate Committed Amount.
Amounts repaid on the Term Loan may not be reborrowed and shall automatically reduce the Term Committed Amount by the amount of the repayment.
The U.S. Term Facility shall be available to the U.S. Term Borrower from the U.S. Term Lenders by way of Loans in an amount up to the U.S. Term Committed Amount in U.S. Dollars by way of U.S. Prime Rate Loans or LIBOR Loans.
On any Business Day during the Commitment Period for the Term Facility, subject to the terms and conditions hereof, each Term Bank severally agrees to make a Term Loan to Barista I and Barista II in Dollars in one (1) advance in an aggregate amount not to exceed such Term Bank’s Term Committed Amount.
The Term Commitments shall terminate automatically immediately after the making of the Term Loans on the Closing Date (and for for all Lenders was equal to the Term Committed Amount.