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.
The Term Loan B shall be funded by each such Term Loan Lender inprincipal amount equal to such Lenders Term Loan B Commitment Percentage of the aggregate principal amount of the Term Loan B made on the Closing Date, which aggregate principal amount shall equal the total Term Loan B Commitment.
Each Lender's obligation to fund the Term Loans shall be limited to such Lender's Term Loan A Commitment Percentage of Term Loan A, and such Lender's Term Loan B Commitment Percentage of Term Loan B, and no Lender shall have any obligation to fund any portion of any Term Loan required to be funded by any other Lender, but not so funded.
On the Closing Date, the Term Loan B Lenders will make their respective Term Loan B Commitment Percentage of a term loan (the Term Loan B) to the Borrower in an aggregate principal amount of FOUR HUNDRED FIFTY MILLION DOLLARS ($450,000,000) in a single advance in Dollars.