Definition of Term Loan C Commitments


Term Loan C Commitments means the several obligations of the Lenders having a Term Loan Commitment to advance to the Borrower an aggregate amount of up to $237,500,000 at any one time outstanding, in accordance with their respective Commitment Ratios for Term Loan C Loans pursuant to the terms hereof; and as such obligations may be reduced from time to time pursuant to the terms hereof; and "Term Loan C Commitment" shall mean the individual commitment of each such Lender to advance Term Loan C Loans hereunder.
Sample 1

Examples of Term Loan C Commitments in a sentence

A-26 SUPERMAJORITY LENDERS means Lenders having (a) more than 66 and 2/3rds % of the Term Loan C Commitments of all Lenders, or (b) if the Term Loan C Commitments have been terminated, more than 66 and 2/3rds % of the aggregate outstanding amount of the Term Loan C.
REQUISITE LENDERS means Lenders having (a) more than 50% of the Term Loan C Commitments of all Lenders, or (b) if the Term Loan C Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Term Loan C.
Upon the occurrence of any Event of Default described in SECTIONS 7.1(F) or 7.1(G), the Term Loan C Commitments shall be immediately terminated and all of the Obligations, shall automatically become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration or other requirements of any kind, all of which are hereby expressly waived by Borrower, and the Term Loan C Commitments shall thereupon terminate.
Term Loan Commitments - means, collectively, the Term Loan A Commitments and the Term Loan C Commitments.
At the time of and immediately after such Credit Event, no Event of Default or Default shall have occurred and be continuing; provided, however, that the Events of Default the absence of which shall be a condition precedent to any Credit Extension pursuant to the Delayed Draw Term Loan C Commitments shall be limited to the Events of Default set forth in Section 7.01(h) and (i).