Total Term Loan B Commitment definition

Total Term Loan B Commitment means the sum of the amounts of the Lenders’ Term Loan B Commitments.

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Total Term Loan B Commitment means a principal amount equal to $45,000,000.

Total Term Loan B Commitment means a principal amount equal to $63,000,000.

Examples of Total Term Loan B Commitment in a sentence

The Total Term Loan B Commitment may increase in accordance with §2.11.
The Total Term Loan B Commitment shall be permanently reduced immediately and without further action upon the making of each Term Loan B in an aggregate amount equal to the aggregate amount of such Term Loan B.
The Total Term Loan B Commitment and each Term Loan B Lender's Term Loan B Commitment shall terminate immediately and without further action on the Term Loan B Commitment Termination Date.
Each such reduction of the Total Term Loan A Commitment, Total Term Loan A-1 Commitment and/or Total Term Loan B Commitment shall reduce the Term Loan A Commitment, Total Term Loan A-2 Commitment and/or Term Loan B Commitment, as applicable, of each Lender proportionately in accordance with its Pro Rata Share thereof.
The Borrower may reduce the undrawn Total Term A Loan Commitment, the undrawn Total Term Loan A-1 Commitment and/or the undrawn Total Term Loan B Commitment to an amount (which may be zero) not less than the aggregate principal amount of any Term Loan A, Term Loan A-1 and/or Term Loan B, as applicable, not yet made as to which a Notice of Borrowing has been given by the Borrower under Section 2.02.

More Definitions of Total Term Loan B Commitment

Total Term Loan B Commitment means a principal amount equal to $13,000,000."

Total Term Loan B Commitment means the aggregate amount of the Term Loan B Commitments then in effect of all the Term Loan B Lenders as such amount may be reduced or modified from time to time in accordance with the terms of this Credit Agreement.

Total Term Loan B Commitment at any time during any Period, the aggregate amount of the Term Loan B Commitments then in effect for such Period.

Total Term Loan B Commitment means the sum of the amounts of the Lenders’ Term Loan B Commitments. “Total Term Loan Commitment” means the sum of the amounts of the Lenders’ Term Loan A Commitments and Term Loan B Commitments and the Incremental Term Loan A Commitments. “TravelPort Contract” means that certain Subscriber Agreement, dated as of May 20, 2019, by and between TravelPort LP and Mondee. “Treasury Rate” means, with respect to any prepayment, a rate per annum (computed on the basis of actual days elapsed over a year of 360 days) equal to the rate determined by the Administrative Agent on the date 3 Business Days prior to the date of such prepayment, to be the yield expressed as a rate listed in The Wall Street Journal for United States Treasury securities having a term of not greater than 12 months. “UCC Filing Authorization Letter” means a letter duly executed by each Loan Party authorizing the Administrative Agent to file appropriate financing statements on Form UCC-1 without the signature of such Loan Party in such office or offices as may be necessary or, in the opinion of the Administrative Agent, desirable to perfect the security interests purported to be created by each Security Agreement and each Mortgage. “Unadjusted Acquired EBITDA” means, with respect to any Unadjusted Acquired Entity or Business for any period, the amount for such period of Unadjusted EBITDA of such Unadjusted Acquired Entity or Business (determined in accordance with the definition of “Unadjusted EBITDA”). “Unadjusted Acquired Entity or Business” has the meaning specified therefor in the definition of “Unadjusted EBITDA.” “Unadjusted Benchmark Replacement” means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment. “Unadjusted EBITDA” means, with respect to any Person for any period: (a) the Consolidated Net Income of such Person for such period, plus

Total Term Loan B Commitment means $4,000,000.00, which amount is the sum of the amounts of the Lenders’ Term Loan B Commitments.

Total Term Loan B Commitment means the sum of the amounts of the ---------------------------- Lenders' Term Loan B Commitments set forth in Schedule 1.01(B) hereto (which, on the Effective Date, shall be $10,000,000), in each case, as may be reduced from time to time pursuant to the terms of this Agreement or as may be limited by order of the Bankruptcy Court.

Total Term Loan B Commitment means, at any time, $22,500,000 or, if such amount is reduced pursuant to Section 2.05(c), the amount to which it is reduced and in effect at such time.