Tranche 1 Term Loan Commitment means, as to each Tranche 1 Term Lender, its obligation to make Tranche 1 Term Loans to the Borrower on the Closing Date pursuant to Section 1.1(a)(i) of the Agreement in an aggregate original principal amount equal to the amount set forth opposite such Tranche 1 Term Lender’s name on Schedule 1.1 hereto. On the Closing Date, the aggregate amount of Tranche 1 Term Loan Commitments is $22,500,000.
Tranche 1 Term Loan Commitment means, as to each Tranche 1 Lender, its obligation to make Tranche 1 Term Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 1.01(b) under the caption “Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate Tranche 1 Term Loan Commitment of all of Tranche 1 Lenders on the Closing Date is $125,463,390.39.
Tranche 1 Term Loan Commitment means any Initial Term Loan Commitment or any New Term Loan Commitment.
Examples of Tranche 1 Term Loan Commitment in a sentence
Each Incremental Tranche 1 Term Lender’s Incremental Tranche 1 Term Loan Commitment shall terminate immediately and without any further action on the First Amendment and Incremental Agreement Effective Date upon the making of an Incremental Tranche 1 Term Loan by such Incremental Tranche 1 Term Lender.
SCHEDULE A COMMITMENTS AND ADDRESSES Lender Address Tranche 1 Term Loan Commitment Tranche 2 Term Loan Commitment Tranche 3 Term Loan Commitment KKR Peanut Aggregator X.X. Xxxxxxxx Kravis Xxxxxxx & Co. L.P. 0 X.
More Definitions of Tranche 1 Term Loan Commitment
Tranche 1 Term Loan Commitment means, as to each Tranche 1 Term Lender, its obligation to make Tranche 1 Term Loans to the Borrower on the Closing Date pursuant to Section 1.1(a)(i) of the Agreement in an aggregate original principal amount equal to the amount set forth opposite such Tranche 1 Term Lender’s name on Schedule
Tranche 1 Term Loan Commitment means, as to each Tranche 1 Term Lender, its obligation to make a Tranche 1 Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Tranche 1 Term Loan Commitment” or in the Assignment and Assumption pursuant to which such Tranche 1 Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Tranche 1 Term Loan Commitments is $300,000,000.
Tranche 1 Term Loan Commitment means, for each Lender, the obligation, if any, of such Lender to make Tranche 1 Term Loans to the Borrower (or continue to hold Tranche 1 Term Loans to the extent previously made pursuant to the Existing Credit Agreement, as applicable), as set forth in Schedule 1, as it may be modified (a) as a result of any assignment that has become effective pursuant to Section 12.3(c) or (b) otherwise from time to time pursuant to the terms hereof. As of the date of this Agreement, the aggregate amount of the Lenders’ Tranche 1 Term Loan Commitments is $400,000,000 (it being acknowledged and agreed that all Tranche 1 Term Loans have been funded prior to the Effective Date with respect to the Borrower, and any remaining commitments therefor exist solely for purposes of any reallocation of outstanding Tranche 1 Term Loans as of the Effective Date, as described in Article XVI hereof). After advancing the Tranche 1 Term Loan, each reference to a Lender’s Tranche 1 Term Loan Commitment shall refer to that Xxxxxx’s Pro Rata Share of the Tranche 1 Term Loans.
Tranche 1 Term Loan Commitment means, for each Lender, the obligation, if any, of such Lender to make Tranche 1 Term Loans to the Borrower (or continue to hold Tranche 1 Term Loans to the extent previously made pursuant to the Existing Credit Agreement, as applicable), as set forth in Schedule 1, as it may be modified (a) as a result of any assignment that has become effective pursuant to Section 12.3(c) or (b) otherwise from time to time pursuant to the terms hereof. As of the date of this Agreement, the aggregate amount of the Lenders’ Tranche 1 Term Loan Commitments is $400,000,000. After advancing the Tranche 1 Term Loan, each reference to a Lender’s Tranche 1 Term Loan Commitment shall refer to that Lender’s Pro Rata Share of the Tranche 1 Term Loans.
Tranche 1 Term Loan Commitment means, for each Lender, the obligation, if any, of such Lender to make Tranche 1 Term Loans to the Borrower, as set forth in Schedule 1, as it may be modified (a) as a result of any assignment that has become effective pursuant to Section 12.3(c) or
Tranche 1 Term Loan Commitment means, for each Lender, the obligation, if any, of such Lender to make Tranche 1 Term Loans to the Borrower, as set forth in Schedule 1, as it may be modified (a) as a result of any assignment that has become effective pursuant to Section 12.3(c) or (b) otherwise from time to time pursuant to the terms hereof. As of the date of this Agreement, the aggregate amount of the Lenders’ Tranche 1 Term Loan Commitments is $480,000,000. After advancing the Tranche 1 Term Loan, each reference to a Lender’s Tranche 1 Term Loan Commitment shall refer to that Lender’s Pro Rata Share of the Tranche 1 Term Loans (and for the avoidance of doubt, it is acknowledged and agreed that (i) $430,000,000 of the Tranche 1 Term Loans were drawn (as “Five-Year Term Loans”) pursuant to the Existing Credit Agreement, and (ii) an additional $50,000,000 of the Tranche 1 Term Loans are being funded on the Effective Date.
Tranche 1 Term Loan Commitment means, with respect to an Original Lender, the agreement of such Original Lender to exchange its Original Term Loans for an equal aggregate principal amount of Tranche 1 Term Loans on the Amendment and Restatement Date under the Amended and Restated Credit Agreement, as evidenced by such Original Lender executing and delivering this Agreement.