Term Loan C Commitment definition

Term Loan C Commitment means, with respect to any Term Loan C Lender, the amount indicated opposite such Lender’s name on Schedule 1.1C under the heading Term Loan C Commitment or, in the case of any Lender that is an assignee Lender pursuant to Section 11.5(c), the amount of the assigning Lender’s Term Loan C Commitment assigned to such assignee Lender (collectively, the “Term Loan C Commitments”).

Term Loan C Commitment means, as to each Term Loan C Lender, its obligation to make a portion of the Term Loan C to the Borrower pursuant to Section 2.1(c), in the principal amount set forth opposite such Term Loan C 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 C Commitments of all the Term Loan C Lenders in effect on the Effective Date is SEVENTY-FIVE MILLION DOLLARS ($75,000,000).

Term Loan C Commitment means, with respect to each Lender, its Term Loan C Commitment, and, with respect to all Lenders, their Term Loan C 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 in the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

Examples of Term Loan C Commitment in a sentence

• Each Term Note C shall represent the obligation of Borrower to pay the amount of the applicable Lender's Term Loan C Commitment, together with interest thereon.

• Each Advance under the Term Loan C Commitment shall be made pro rata on the basis of the applicable Commitment Ratios of the Lenders having Term Loan C Commitments.

• The Total Term Loan C Commitment may increase in accordance with §2.11.

• Subject to the terms and conditions hereof, each Term Loan C Lender severally agrees to make a term loan (each a "Term Loan C" and collectively the "Term Loans C") to Borrowers on September 21, 2006, or as soon as practicable thereafter, in an amount equal to each such Term Loan C Lender's Term Loan C Commitment, the proceeds of which shall be used to repay Revolving Loans used to pay the purchase price paid by Parent to acquire the Dynamic Assets.

• Upon the funding of the Term Loan C hereunder, the Term Loan C Commitment shall be permanently terminated.

More Definitions of Term Loan C Commitment

Term Loan C Commitment means (a) as to any Lender, the commitment of such Lender to make its Pro Rata Share of the Term Loan C as set forth in the signature pages to the Agreement or in the most recent Assignment Agreement executed by such Lender and (b) as to all such Lenders, the aggregate commitment of all Lenders to make the Term Loan C, which aggregate commitment shall be Twelve Million Dollars ($12,000,000) on the Closing Date.

Term Loan C Commitment means the individual commitment of each such Lender to advance Term Loan C Loans hereunder.

Term Loan C Commitment means $1,350,000.

Term Loan C Commitment means, with respect to each Lender, the commitment of such Lender to make its portion of the Term Loan C to the Borrower in the amount set forth in Schedule C-2 hereto, as the same may be terminated or reduced from time to time in accordance with the terms of this Agreement.

Term Loan C Commitment means (a) as to any Lender with a Term Loan C Commitment, the commitment of such Lender to make its Pro Rata Share of Term Loan C 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 C Commitment, the aggregate commitment of all Lenders to make Term Loan C, which aggregate commitment shall be Fifty-Five Million Dollars ($55,000,000) on the Closing Date. After advancing Term Loan C, each reference to a Lender's Term Loan C Commitment shall refer to that Lender's Pro Rata Share of the outstanding Term Loan C.

Term Loan C Commitment means (a) as to any Lender with a Term Loan C Commitment, the aggregate commitment of such Lender to make Term Loan C as set forth on the signature page to the Agreement, and (b) as to all Lenders, the aggregate commitment of all Lenders to make Term Loan C advances, which aggregate commitment shall be in an amount equal to Five Million Dollars ($5,000,000), as such amount may be adjusted, if at all, from time to time in accordance with the Agreement.

Term Loan C Commitment means an amount (subject to reduction or cancellation as herein provided) equal to $100,000,000.