Term Loan Tranche 2 Commitment Termination Date definition

Term Loan Tranche 2 Commitment Termination Date means the earliest to occur of (a) the date that is one year after the Closing Date, (b) the date that is five (5) Business Days following the Term Loan Tranche 2 Activation Date (or such later date to which the Lenders with Term Loan Tranche 2 Commitments may agree), and (c) the date on which Agent provides notice to the Credit Parties, following the occurrence of an Event of Default (which has not been waived or cured as of the date such notice is given), that the Term Loan Tranche 2 Commitments have been terminated.
Term Loan Tranche 2 Commitment Termination Date means December 31, 2018.
Term Loan Tranche 2 Commitment Termination Date means September 30, 2019.

Examples of Term Loan Tranche 2 Commitment Termination Date in a sentence

  • Unless previously terminated, on the Term Loan Tranche 2 Commitment Termination Date, the Term Loan Tranche 2 Commitment shall thereupon automatically be terminated and the Term Loan Tranche 2 Commitment Amount of each Lender as of such date shall be reduced by such Lender’s Pro Rata Share of such total reduction in the Term Loan Commitments.

  • On the terms and subject to the conditions set forth herein and in the other Financing Documents, each Lender with a Term Loan Tranche 2 Commitment severally hereby agrees to make to Borrowers a term loan on a Business Day occurring on or after the Term Loan Tranche 2 Activation Date and on or prior to the Term Loan Tranche 2 Commitment Termination Date in an original aggregate principal amount equal to the Term Loan Tranche 2 Commitment (the “ Term Loan Tranche 2 ”).

  • Jones worked with Virginia seven days a week, helping Virginia to dress, shower, take her medication, and eat meals.

  • Unless previously terminated, upon the Term Loan Tranche 2 Commitment Termination Date, the Term Loan Tranche 2 Commitment shall thereupon automatically be terminated and the Term Loan Tranche 2 Commitment Amount of each Lender as of such date shall be reduced by such Lender’s Pro Rata Share of such total reduction in the Term Loan Commitments.

  • The detail of this scheme was put to the Public Protection Review Panel, in the form of a presentation, at its meeting on 15 May 2007.


More Definitions of Term Loan Tranche 2 Commitment Termination Date

Term Loan Tranche 2 Commitment Termination Date in Section 1.1 of the Original Credit Agreement are hereby amended and restated in their entirety as follows:
Term Loan Tranche 2 Commitment Termination Date means the earlier of (a) December 31, 2018 and (b) the Termination Date. “Term Loan Tranche 2 Commitments” means the sum of each Lender’s Term Loan Tranche 2 Commitment Amount.
Term Loan Tranche 2 Commitment Termination Date means the Second Amendment Effective Date.
Term Loan Tranche 2 Commitment Termination Date means the first anniversary of the Closing Date (the “Initial Term Loan Tranche 2 Commitment Termination Date”); provided, that if the Compliance Certificate required to be delivered pursuant to Section 4.1 for the Fiscal Year ended December 30, 2018 evidences that Parent and its Consolidated Subsidiaries have achieved the 2018 Target Adjusted EBITDA (the “2018 Extension Condition”), then the Term Loan Tranche 2 Commitment Termination Date shall be extended to the second anniversary of the Closing Date (the “Extended Term Loan Tranche 2 Commitment Termination Date”); provided, further, that if (i) the 2018 Extension Condition has been satisfied and (ii) the Compliance Certificate required to be delivered pursuant to Section 4.1 for the Fiscal Year ended December 29, 2019 evidences that Parent and its Consolidated Subsidiaries have achieved the 2019 Target Adjusted EBITDA, then the Term Loan Tranche 2 Commitment Termination Date shall be extended to the third anniversary of the Closing Date.
Term Loan Tranche 2 Commitment Termination Date means the first anniversary of the Closing Date (the “Initial Term Loan Tranche 2 Commitment Termination Date ”); provided, that if the Compliance Certificate required to be delivered pursuant to Section 4.1 for the Fiscal Year ended December 30, 2018 evidences that Parent and its Consolidated Subsidiaries have achieved the 2018 Target Adjusted EBITDA (the “ 2018 Extension Condition”), then the Term Loan Tranche 2 Commitment Termination Date shall be extended to the second anniversary of the Closing Date (the “Extended Term Loan Tranche 2 Commitment Termination Date ”); provided, further, that if (i) the 2018 Extension Condition has been satisfied and (ii) the Compliance Certificate required to be delivered pursuant to Section 4.1 for the Fiscal Year ended December 29, 2019 evidences
Term Loan Tranche 2 Commitment Termination Date means the earlier of (a) December 31, 2024 and (b) the date on which Agent provides notice to the Credit Parties, following the occurrence of an Event of Default (which has not been waived or cured as of the date such notice is given), that the Term Loan Tranche 2 Commitments have been terminated.

Related to Term Loan Tranche 2 Commitment Termination Date

  • Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Revolving Commitment Termination Date means the earliest of (i) July 31, 2018, (ii) the date on which the Revolving Commitments are terminated pursuant to Section 2.8 and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Scheduled Commitment Termination Date means April 16, 2024.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Revolving Credit Termination Date means the earlier to occur of (i) the Current Termination Date then in effect and (ii) the date of termination in whole of the Commitments pursuant to Section 2.05(a) or 6.01.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Revolving Facility Termination Date means the earlier of (i) December 20, 2026, or (ii) the date that the Revolving Commitments have been terminated pursuant to Section 8.02.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Term Loan Termination Date means the earlier to occur of the (i) Term Loan Maturity Date or (ii) Early Termination Date.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.