Definition of Term Loan B Committed Amount


Term Loan B Committed Amount means, for each Term Loan B Lender, the amount of such Lender's Term Loan B Commitment. The amount of each initial (i) until the Amendment No. 1 Effectiveness Date, the Original Term Loan B Committed Amount is identified on Schedule 2.01., and (ii) thereafter, the Term Loan B-1 Committed Amount.
Sample 1

Examples of Term Loan B Committed Amount in a sentence

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 portion of the Term Loan B consisting of (A) LIBOR Rate Loans shall be in a minimum aggregate principal amount of $3,000,000 and integral multiples of $1,000,000 in excess thereof (or the remaining amount of the Term Loan B Committed Amount, if less) and (B) Alternate Base Rate Loans shall be in a minimum aggregate principal amount of $1,000,000 and integral multiples of $500,000 in excess thereof (or the remaining amount of the Term Loan B Committed Amount, if less).
Notwithstanding the obligations of the Agent, a Lender shall have no obligation to make Term Loan B to the extent that (x) the principal amount of the Term Loan B of such Lender would exceed such Lender's Term Loan B Committed Amount.
Each Lender's "Term Loan B Committed Amount" shall be equal to the amount set forth as its Term Loan B Committed Amount below such Lender's name on the signature pages hereof.
The Term Loan B made by each Lender shall be evidenced by Term Loan B Note(s) of the Borrower (one to each Lender), dated the date hereof (the "Term Loan B Note(s)") in substantially the forms attached hereto as EXHIBIT D, with the blanks appropriately filled, payable to the order of such Lender in the principal amount equal to such Lender's Term Loan B Committed Amount.