Term I Commitment definition

Term I Commitment means, (a) with respect to any Term I Lender at any time, the amount set forth opposite such Term I Lender’s name on Schedule I hereto under the caption “Term I Commitment” or (b) if such Term I Lender has entered into one or more Assignment and Acceptances, set forth for such Term I Lender in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Term I Lender’s “Term I Commitment”.
Sample 1
Term I Commitment means, as to each Term I Lender, its obligation to make a Term I Loan to the Borrower pursuant to Section 2.01(i), in the principal amount set forth opposite such Xxxxxx’s name on Schedule 2.01. The aggregate principal amount of the Term I Commitments of all of the Term I Lenders as in effect on the Term I Effective Date is ONE MILLION TWO HUNDRED AND NINETY-NINE THOUSAND DOLLARS ($1,299,000).
Sample 1

Examples of Term I Commitment in a sentence

  • Subject to the terms and conditions set forth herein, each Term I Lender severally agrees to make a single loan to the Borrower, in Dollars, on the Term I Effective Date in an aggregate amount not to exceed such Term I Lender’s Term I Commitment.

Related to Term I Commitment

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.