Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Term Loan Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Term Loan Commitment, as applicable. The initial aggregate amount of the Lenders' Term Loan Commitments is $50,000,000.
Term Loan Commitment means, as to any Lender, the obligation of such Lender (if applicable), to fund a portion of the Term Loan in an aggregate principal equal to the Term Loan Commitment Amount (if any) of such Lender.
Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make the Term Loan to the Borrower in the amount set forth in Schedule 1.01(A) hereto or in the Assignment and Acceptance pursuant to which such Lender became a Lender under this Agreement, as the same may be terminated or reduced from time to time in accordance with the terms of this Agreement.
Examples of Term Loan Commitment in a sentence
On the Funding Date, each Lender shall credit and/or transfer (as applicable) to the Designated Deposit Account, an amount equal to its Term Loan Commitment.
Each Lenders Term Loan Commitment shall terminate immediately and without further action on the Closing Date after giving effect to the funding of such Lenders Term Loan Commitment on such date.
The obligations of Lenders hereunder are several and no Lender shall be responsible for the obligations or Term Loan Commitment of any other Lender hereunder.
Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the Term Loan) to the Borrower in Dollars on the Closing Date in an amount not to exceed such Lenders Term Loan Commitment.
Notwithstanding the foregoing, if the total Term Loan Commitment as of the Closing Date is not drawn on the Closing Date, the undrawn amount shall automatically be cancelled.
More definitions of Term Loan Commitment
Term Loan Commitment means the Tranche B Term Loan Commitment or the New Term Loan Commitment of a Lender, and "Term Loan Commitments" means such commitments of all Lenders.
Term Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term Loan on the Closing Date or thereafter pursuant to Section 1.17 hereof in the principal amount not to exceed the amount set forth opposite such Lender's name on Schedule 1 attached hereto and made a part hereof. The Borrowers and the Lenders acknowledge and agree that the Term Loan Commitments of the Lenders aggregate $75,000,000 on the date hereof.
Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make Term Loans hereunder up to the amount set forth on Schedule I to the Lender Addendum executed and delivered by such Lender directly under the column entitled "Term Loan Commitment" or in an Increase Joinder. The aggregate amount of the Lenders' Term Loan Commitments on the Closing Date is $1,800,000,000.
Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make a Term Loan hereunder, expressed as an amount representing the maximum aggregate principal amount of such Lender's Term Loan. The amount of each Lender's Term Loan Commitment is set forth on Schedule 2.01. The aggregate amount of the Lenders' Term Loan Commitments is $185,000,000.
Term Loan Commitment means, for each Lender, the Term A Loan Commitment and the Delayed Draw Term Loan Commitment of such Lender.
Term Loan Commitment means an Initial Term Loan Commitment or an Incremental Term Loan Commitment.
Term Loan Commitment means Seven Million One Hundred Thirty-Five Thousand and No/100 Dollars ($7,135,000.00).