Tranche 1 Term Loan Commitment means any Initial Term Loan Commitment or any New 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 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 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 $50,000,000.
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 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. 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 (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, 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.
Tranche 1 Term Loan Commitment the commitment of a Lender to make or otherwise fund a Tranche 1 Term Loan pursuant to subsection 2.1(a)(i) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule A under the heading “Tranche 1 Term Loan Commitment”; collectively, as to all the Lenders, the “Tranche 1 Term Loan Commitments.” The aggregate amount of the Tranche 1 Term Loan Commitments as of the Closing Date is $40,000,000.
Tranche 1 Term Loan Commitment means, with respect to each Term Lender, the commitment of such Term Lender to make Term Loans, as set forth opposite the name of such Term Lender in the column entitled “Tranche 1” in Schedule 2.01, or if such Term Lender has entered into one or more Lender Assignment Agreements, set forth opposite the name of such Term Lender and any assignor Term Lender in the Term Lender Register maintained by the Term Loan Facility Agent pursuant to Section 2.04(f) (Funding), which shall be deemed to be fully funded by each Term Lender as of the Second Phase Closing Date as an SPCD Outstanding Term Loan.
Tranche 1 Term Loan Commitment or "Tranche 1 Commitment" means, with respect to each Tranche 1 Term Lender, the commitment of such Lender to make a Tranche 1 Term Loan hereunder on the PTMI Put Date, expressed as an amount representing the maximum principal amount of the Tranche 1 Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 10.04. The initial amount of each Tranche 1 Term Lender's Tranche 1 Term Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which Tranche 1 Term such Lender shall have assumed its Tranche 1 Term Loan Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche 1 Term Loan Commitments is $253,370,905.