Term Loan Commitments definition
Examples of Term Loan Commitments in a sentence
The Borrowing of the Initial Term Loans on the Closing Date shall be in an aggregate amount equal to the aggregate Initial Term Loan Commitments.
The Borrower may at any time terminate, or from time to time reduce, the Delayed Draw Term Loan Commitments; provided that each partial reduction of the Delayed Draw Term Loan Commitments shall be in an amount that is an integral multiple of $1,000,000 and not less than $5,000,000.
The Borrowing of Amendment No. 7 Term Loans on the Amendment No. 7 Effective Date shall be in an aggregate amount equal to the Amendment No. 7 Term Loan Commitments.
The Amendment No. 7 Term Loan Commitments shall terminate on the Amendment No. 7 Effective Date immediately after the funding of the Amendment No. 7 Term Loans on the Amendment No. 7 Effective Date.
Each Borrowing of Incremental Term Loans under this Agreement shall be granted by the Lenders of the relevant Class thereof pro rata on the basis of their then-applicable Incremental Term Loan Commitments for such Class.