Term Credit Commitments definition

Term Credit Commitments has the meaning set out in Section 2.1(2).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Term Credit Commitments is defined in Section 1.4 hereof.

Term Credit Commitments means the commitment of the Lenders to make loans under the Term Credit in the amounts set forth opposite their signatures hereto under the heading "TERM CREDIT COMMITMENT" and opposite their signatures on Assignment Agreements delivered pursuant to Section 11.10 hereof under the heading "TERM CREDIT COMMITMENT".

Examples of Term Credit Commitments in a sentence

• Each of the Term Loans shall be made ratably by the Lenders in proportion to their respective Term Loan Percentages, at which time the applicable Term Credit Commitments shall expire.

• The Term Credit Commitments will be available for use from the Effective Date until the Final Term Credit Availability Date to assist in refinancing the 2012 Notes.

• The Term Credit Commitments are not revolving credit commitments, and any amount repaid on account of the Term Loans may not be reborrowed.

• Each Term Loan shall be made as part of a Borrowing consisting of Term Loans made by the Term Credit Lenders rateably in accordance with their respective Term Credit Commitments.

• The amount of each Term Loan which each Lender so made to the Borrower is as set forth opposite such Lender's signature hereto under the heading "Term Credit Commitment" (collectively, the "Term Credit Commitments" and individually, a "Term Credit Commitment").

More Definitions of Term Credit Commitments

Term Credit Commitments means, with respect to each Lender, the commitment of such Lender to make Term Loans in the aggregate principal amount outstanding not to exceed the amount set forth opposite such Lender's name or Schedule I under the caption "Term Loan Commitment," as amended to reflect each Assignment and Acceptance executed by such Lender and as such amount may be reduced pursuant to this Agreement.

Term Credit Commitments shall have the meanings specified in Section 1.1(b) hereof.

Term Credit Commitments means the Term A Loan Commitments and the Term B Loan Commitments. The Term Credit Commitments are $55,000,000 as of the date hereof.

Term Credit Commitments means the commitments of the Lenders to extend credit pursuant to Section 1.2 hereof in the amounts set forth under the heading "Term Credit Commitment" opposite their signatures hereto or on an Assignment Agreement to which they are a party. The Term Credit Commitments are in the amount of $200,000,000.

Term Credit Commitments means the commitments of the Lenders to make loans under the Term Credit in the amounts set forth opposite their signatures hereto under the heading "TERM CREDIT COMMITMENT" and opposite their signatures on Assignment Agreements delivered pursuant to Section 13.12 hereof under the heading "TERM CREDIT COMMITMENT", as such amounts may be reduced pursuant hereto. As of the date hereof, the aggregate amount of Term Credit Commitments is $20,000,000.

Term Credit Commitments means the commitments of the Lenders to make the Term Credit Loan in the amounts set forth opposite their signatures hereto under the heading "Term Credit Commitment" and opposite their signatures on Assignment Agreements delivered pursuant to Section 12.15 hereof under the heading "Term Credit Commitment", as such amounts may be reduced pursuant hereto. The Term Credit Commitments are $15,000,000 as of the date hereof.

Term Credit Commitments means the commitments of the Lenders to extend a Term Loan in the amounts set forth opposite their names in Section 1.6 hereof and opposite their signatures on Assignment Agreements delivered pursuant to Section 11.15 hereof under the heading "Commitment", as such amounts may be reduced pursuant thereto.