Term Loan Facility Commitment means (c) in relation to an Original Lender, the amount set opposite its name under the heading "Term Loan Facility Commitment" in Schedule 1 (The Original Lenders) and the amount of any other Term Loan Facility Commitment transferred to it under this Agreement; (d) in relation to any other Lender, the amount of any Term Loan Facility Commitment transferred to it under this Agreement, to the extent not cancelled, reduced or transferred by it under this Agreement.
Examples of Term Loan Facility Commitment in a sentence
For the avoidance of doubt, the foregoing shall not release the obligations of the Term Loan Facility Commitment Parties for the Term Loan Facility pursuant to the Term Loan Facility Commitment Papers or the obligations of the parties to the Intercreditor Settlement.
New York, New York 10005 Attention: Richard Dziadzio Ladies and Gentlemen: Project Michigan $350 Million Senior Unsecured Term Loan Facility Commitment Letter Assurant, Inc., a Delaware corporation (you or the Borrower), has advised Morgan Stanley Senior Funding, Inc.
If any Lender shall not elect to provide an Additional Term Loan Facility Commitment, the Borrower may designate another bank or other financial institution (which may be, but need not be, one or more of the existing Lenders) which at the time agrees to provide an Additional Term Loan Facility Commitment, and in the case of an Additional Lender, to become a party to this Agreement.
Notwithstanding anything to the contrary contained in the Plan, nothing in the Plan shall be deemed to release any of the Debtors, Equity Investors, the Term Loan Facility Commitment Parties or any of their Affiliates from their obligations under the Plan, the New Credit Facilities, the Investment Agreement, the Commitment Letter, the New Third Lien Term Loan Credit Facility, the Trust Stock Appreciation Rights or the New Convertible Secured Note Indenture and the transactions contemplated thereby.
Investor will use commercially reasonable efforts to assist the Company in negotiating the definitive documentation for the Financing consistent with the terms and conditions set forth in the ABL Facility Commitment Papers and the Term Loan Facility Commitment Papers.