Tranche B-2 Commitment definition

Tranche B-2 Commitment means, as to any Tranche B-2 Lender, such Xxxxxx’s commitment to make Tranche B-2 Loans on the Closing Date under this Agreement. The amount of each Tranche B-2 Lender’s Tranche B-2 Commitment as of the Closing Date is set forth on Annex A. The aggregate amount of the Tranche B-2 Commitments of all Tranche B-2 Lenders as of the Closing Date is MXN$78,446,203.

Tranche B-2 Commitment means, with respect to the Initial Tranche B-2 Lender, its commitment to make a Tranche B-2 Term Loan on the Amendment No. 2 Effective Date in an amount equal to the aggregate principal amount of all Tranche B Term Loans outstanding on the Amendment No. 2 Effective Date minus the aggregate principal amount of the Converted Tranche B Term Loans of all Lenders.

Tranche B-2 Commitment has the meaning specified in the Second ARCA.

Examples of Tranche B-2 Commitment in a sentence

• Upon the making of any Tranche B2 Loans by a Tranche B2 Lender, such Tranche B2 Lender’s Tranche B2 Commitment shall be permanently reduced to zero.

• Subject to the terms and conditions set forth herein, each Tranche B2 Lender severally (and not jointly) agrees to make a single loan to the Borrower on the Second Amendment Effective Date in Dollars in an amount not to exceed such Lender’s Tranche B2 Commitment.

• For the avoidance of doubt, the Borrower made one borrowing under the Tranche B-2 Commitments, which was on the Amendment No. 2 Effective Date, and each Lender’s Tranche B-2 Commitment terminated immediately and without further action on the Amendment No. 2 Effective Date after giving effect to the funding of such Lender’s Tranche B-2 Commitment on such date.

• Subject to the terms and conditions hereof and of Amendment No. 2, each Lender with a Tranche B-2 Commitment severally made or exchanged, as applicable, on the Amendment No. 2 Effective Date, a Tranche B-2 Term Loan to the Borrower in Dollars in an amount equal to such Lender’s Tranche B-2 Commitment.

• Subject to the terms and conditions hereof and of Amendment No. 2, each Lender with a Tranche B-2 Commitment severally agrees to make and/or exchange, on the Amendment No. 2 Effective Date, a Tranche B-2 Term Loan to the Borrower in Dollars in an amount equal to such Lender’s Tranche B-2 Commitment.

More Definitions of Tranche B-2 Commitment

Tranche B-2 Commitment has the meaning specified in Amendment No. 2.

Tranche B-2 Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B-2 Loan hereunder on the Closing Date in the amount set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Tranche B-2 Commitment, as applicable. The initial aggregate amount of the Lenders’ Tranche B-2 Commitments is C$150,000,000.

Tranche B-2 Commitment means, as of the Third ARCA Effective Date, the commitments set forth on Schedule 2.01.

Tranche B-2 Commitment has the meaning specified in Section 2.1.3.

Tranche B-2 Commitment means, with respect to each Tranche B-2 Lender, the commitment, if any, of such Tranche B-2 Lender to make a Tranche B-2 Loan hereunder on the ARCA Effective Date in the amount set forth on Schedule X hereto. The initial aggregate amount of the Tranche B-2 Lenders’ Commitments is $585.0 million.

Tranche B-2 Commitment means, with respect to each Lender, the commitment of such Lender to make Tranche B-2 Loans hereunder as set forth on Schedule 2.01 under the caption “Tranche B-2 Commitment”, or in the Assignment and Acceptance pursuant to which such Lender assumed its Tranche B-2 Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.

Tranche B-2 Commitment means, with respect to each Bank, the commitment, if any, of such Bank to make a Tranche B-2 Term Loan on the Effective Date, expressed as an amount representing the maximum principal amount of such Tranche B-2 Term Loan. The initial amount of each Bank's Tranche B-2 Commitment is set forth on Schedule 2.01. The initial aggregate amount of the Tranche B-2 Commitments is $21,704,454.02.