Definition of Term Loan B Commitment Percentage


Term Loan B Commitment Percentage of any Lender shall mean the applicable percentage set forth opposite such Lender's name on Appendix B as to Term Loan B, and, as the same may be adjusted upon any assignment by a Lender pursuant to Section 12.1.

Examples of Term Loan B Commitment Percentage in a sentence

Subject to the terms and conditions of this Agreement, each Term Loan B Lender, severally and not jointly, will make a term loan to Borrowers in the amount equal to such Term Loan B Lenders Term Loan B Commitment Percentage of $21,500,000 (the Term Loan B).
Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein, each Term Loan B Lender severally agrees to make available to the Company on the Closing Date such Term Loan B Lenders Term Loan B Commitment Percentage of a term loan in U.S. Dollars (the Term Loan B) in the aggregate principal Dollar Amount of TWO HUNDRED MILLION U.S. DOLLARS (U.S.$200,000,000) (the Term Loan B Committed Amount) for the purposes hereinafter set forth.
Subject to the terms and conditions of this Agreement, (i) each Revolving Lender, severally and not jointly, will make a term loan to Borrowers in the amount equal to such Lenders Term Loan A Commitment Percentage of $25,000,000 (the Term Loan A) and (ii) each Term Loan Lender, severally and not jointly, will make a term loan to Borrowers in the amount equal to such Lenders Term Loan B Commitment Percentage of $50,000,000 (the Term Loan B).
Subject to satisfaction of the Term Loan B Conditions and the terms and conditions set forth herein and in the Ancillary Agreements, each Lender shall make a term loan to the Companies in such Lender's Term Loan B Commitment Percentage of $1,500,000 (the "Term Loan B").
Each Lenders obligation to fund Term Loan B shall be limited to such Lenders Term Loan B Commitment Percentage of Term Loan B, and no Lender shall have any obligation to fund any portion of Term Loan B required to be funded by any other Lender, but not so funded.