Definition of Term Loan B Commitment Termination Date


Term Loan B Commitment Termination Date means the earliest to occur of (i) the date the Term Loan B Commitments are permanently reduced to zero pursuant to Section 2.01(b), (ii) the date of the termination of the Term Loan B Commitments pursuant to Section 7.01, and (iii) three years from the Effective Date.


Term Loan B Commitment Termination Date means ***.

Term Loan B Commitment Termination Date means January 31, 2017.

Examples of Term Loan B Commitment Termination Date in a sentence

4C Term Loan B (a) At the request of Borrower made prior to the Term Loan B Commitment Termination Date, Lender agrees, subject to the terms and conditions of this Agreement, to make a term loan (the Term Loan B) to Borrower in an amount up to the lesser of: (i) the Term Loan B Commitment; or (ii) the Maximum Term Loan B Amount.
Subject to the terms and conditions hereof, each Lender severally agrees to make, on or prior to the Term Loan B Commitment Termination Date, Term Loans B to Company in an aggregate amount not to exceed such Lenders Pro Rata Share of the Term Loan B Commitments.
The first borrowings of the Term Loan B Loans shall occur on the Closing Date; the second borrowing of the Term Loan B Loans shall occur on or prior to the date that is 50 days after the Closing Date; the final borrowing of the Term Loan B Loans shall occur on or before the Term Loan B Commitment Termination Date.
In addition, on or after the Closing Date and on or prior to the Term Loan B Commitment Termination Date, Company may make up to two additional borrowings under the Term Loan B Commitment (such additional Term Loan B, Delayed Draw Term Loans) in an aggregate amount not to exceed $225,000,000.