Definition of Term Loan Commitment Percentages


Term Loan Commitment Percentages means the Term Loan A Commitment Percentage and/or the Bullet Term Loan Commitment Percentage, collectively or individually, as appropriate.
Sample 1

Examples of Term Loan Commitment Percentages in a sentence

Should the right of the Agent or any Lender to realize funds in any manner set forth hereinabove be challenged and any application of such funds be reversed, whether by court order or otherwise, the Lenders shall make restitution or refund to such Credit Party, pro rata in accordance with their respective Term Loan Commitment Percentages.
To the extent that the Borrower elects to prepay the Term Loans, amounts prepaid under this Section shall be (i) applied ratably to the remaining principal installments thereof and (ii) applied to the Term Loans of the Term Loan Lenders in accordance with their respective Term Loan Commitment Percentages.
The Canadian Borrower hereby agrees that each Request for Acceptances, reimbursement of Acceptances and conversion of Canadian Term Loans to Acceptances shall be made in a manner so that any such Request for Acceptances, reimbursement or conversion shall apply ratably to all Canadian Lenders in accordance with their respective Canadian Term Loan Commitment Percentages.
The Borrowing of Term Loans under this Agreement shall be made by the Term Loan Lenders pro rata on the basis of their then applicable Term Loan Commitment Percentages.
The amount of the aggregate Term Loan Commitments of the Lenders will be reduced dollar-for-dollar by the amount of each Extension of Credit (including by the amount of the Closing Date Term Loan) made hereunder, and each such reduction of the Term Loan Commitments shall be made pro rata across all Term Loan Commitments of the Lenders according to the respective Term Loan Commitment Percentages of the Lenders.