Total Term Loan Commitment Amount definition
Examples of Total Term Loan Commitment Amount in a sentence
Notwithstanding the foregoing, the aggregate principal amount of the Term Loans made hereunder shall not exceed the Total Term Loan Commitment Amount (as defined in Schedule A hereto).
Subject to the terms and conditions of this Agreement, each Term Loan Lender, severally and not jointly, will make a term loan advance to Borrowers in the amount equal to such Lender’s Term Loan Commitment Percentage of the Total Term Loan Commitment Amount (all such advances, collectively, the “Term Loan”).
After giving effect to each Term Loan the Total Aggregate Exposure shall not exceed the Total Term Loan Commitment Amount as then in effect.
Each of the Lenders, severally and for itself alone, agrees to make a loan (herein collectively called the "Term Loan") to the Borrower on the Restatement Effective Date in such Lender's Percentage of the Total Term Loan Commitment Amount.
The Term Loans in the aggregate shall equal the Total Term Loan Commitment Amount.
Notwithstanding the foregoing, the aggregate principal amount of the Term Loan made hereunder shall not exceed the Total Term Loan Commitment Amount (as defined in Schedule A hereto).
UNUSED TERM LOAN COMMITMENT" means, in the case of each Lender, as of the date as of which the amount thereof shall be determined, the positive difference, if any, between (i) the amount of such Lender's Term Loan Commitment as of such date and (ii) such Lender's Term Loan Commitment Percentage of the Total Term Loan Commitment Amount as of such date.
All borrowings shall exhaust the full remaining amount of the Term Loan Commitments as follows: (i) Term Borrowings made pursuant to Section 2.1(a) shall exhaust the Total Term Loan Commitment Amount as in effect on such date and (ii) in the event of the establishment of one or more Incremental Commitments as provided in Section 2.26, the Borrower shall borrow, on the effective date of the establishment of each such Incremental Commitment, an amount equal to the full amount of such Incremental Commitment.