Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.
Term Loan B Commitment means, with respect to each Term Loan B Lender, the commitment of such Term Loan B Lender to make its portion of the Term Loan B in a principal amount equal to such Term Loan B Lender’s Term Loan B Commitment Percentage of the Term Loan B Committed Amount.
Term Loan B Commitment means (a) as to any Lender, the several obligation of such Lender to advance to the Borrower its respective portion of the Term Loan B, in accordance with its respective Commitment Ratio and (b) as to all Lenders, the aggregate commitments of such Lenders to make Term Loan B Advances. The aggregate Term Loan B Commitment of all the Lenders as of the Agreement Date shall be $925,000,000.
Examples of Term Loan B Commitment in a sentence
Each Additional 2024 Term Loan B Lender agrees to make Additional 2024 Term B Loans, in a single draw, on the Eighth Amendment Effective Date to the Term Loan Borrower, in an aggregate principal amount equal to such Additional 2024 Term Loan B Lender’s Additional 2024 Term Loan B Commitment.
More Definitions of Term Loan B Commitment
Term Loan B Commitment means (a) as to any Lender with a Term Loan B Commitment, the commitment of such Lender to make its Pro Rata Share of the Term Loan B as set forth on Annex J to the Agreement or in the most recent Assignment Agreement executed by such Lender, and (b) as to all Lenders with a Term Loan B Commitment, the aggregate commitment of all Lenders to make the Term Loan B, which aggregate commitment shall be Eighty Million Dollars ($80,000,000) on the Closing Date. After advancing the Term Loan B, each reference to a Lender's Term Loan B Commitment shall refer to that Lender's Pro Rata Share of the outstanding Term Loan B.
Term Loan B Commitment means the individual commitment of each such Lender to advance Term Loan B Loans hereunder.
Term Loan B Commitment means, as to each Term Loan B Lender, its obligation to make a portion of the Term Loan B to the Borrower pursuant to Section 2.1(b), in the principal amount set forth opposite such Term Loan B Lender’s name on Schedule 2, as such amounts may be adjusted from time to time in accordance with this Agreement. The aggregate principal amount of the Term Loan B Commitments of all the Term Loan B Lenders in effect on the Effective Date is SEVENTY-FIVE MILLION DOLLARS ($75,000,000).
Term Loan B Commitment means, with respect to each Term Loan B Lender, the commitment, if any, of such Term Loan B Lender to make a Term Loan B Advance hereunder on the Closing Date or, if the Company so elects, the Merger Date. The initial aggregate amount of the Term Loan B Lenders’ Commitments on the Closing Date was $500,000,000.
Term Loan B Commitment shall have the meaning ascribed to such term in Section 2.1A.
Term Loan B Commitment means a commitment to make a loan pursuant to Section 2.1(b) on the Amendment No. 1 Effective Date in the aggregate principal amount of $700,000. The Term Loan B Commitment shall terminate upon the making of the Term Loan B.”
Term Loan B Commitment means, as to the Term Lender, the commitment of the Term Lender to continue Term Loan B on the Closing Date as set forth in Section 1.1(b)(i) of this Agreement, the amount of which commitment is Twenty Five Million Dollars ($25,000,000).