Term Loan A-2 Commitment means, as to each Lender, its obligation to make its portion of the Term Loan A-2 to the Borrower on the Third Amendment Effective Date pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender's name on Schedule 2.01; provided that if the Term Loan A-2 is not drawn on or before the earlier of (a) 30 days after the Third Amendment Effective Date and (b) October 10, 2015, the Term Loan A-2 Commitment shall expire. The aggregate principal amount of the Term Loan A-2 Commitments of all Lenders as in effect on the Third Amendment Effective Date is $175,000,000.
Examples of Term Loan A-2 Commitment in a sentence
Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the Term Loan A-2) to the Borrower on the Closing Date in an amount equal to such Lenders Term Loan A-2 Commitment.
Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the "Term Loan A-2") to the Borrower in Dollars, on any Business Day from the Third Amendment Effective Date to the date that is 30 days subsequent thereto but in no event later than October 10, 2015, in an amount equal to such Lender's Term Loan A-2 Commitment; it being understood that the Term Loan A-2 must be drawn in one Borrowing.
Subject to the terms and conditions set forth herein, each Term Loan A-2 Lender severally agrees to make its portion of certain term loans (the Term A-2 Loans) to the Borrowers in Dollars on the Closing Date in an aggregate amount equal to such Term Loan A-2 Lenders Term Loan A-2 Commitment; provided that the aggregate amount of all Term A-2 Loans made hereunder shall not exceed the Aggregate Term A-2 Loan Commitments.
In such event, the Borrower shall prepare, execute and deliver to such Lender promissory notes in the amount of such Lenders Revolving Credit Commitment, Term Loan A Commitment, Term Loan A-2 Commitment, or Term Loan B Commitment, as applicable, payable to the order of such Lender (or, if requested by such Lender, to such Lender and its registered assigns) and in substantially the form of Exhibit F-1, Exhibit F-2, Exhibit F-3, or Exhibit F-4, as appropriate.
Accrued commitment fees shall be payable in arrears on the last day of March, June, September and December of each year, commencing on June 30, 2015, and on the Revolving Commitment Termination Date, Term Loan A-1 Commitment Termination Date or Term Loan A-2 Commitment Termination Date, as applicable.