Examples of Tranche B Commitment in a sentence

Subject to the terms and conditions set forth herein, each Tranche B Lender severally and not jointly agrees to make (or continue) a single loan to the Borrower on the Effective Date in an amount not to exceed such Tranche B Lender’s Tranche B Commitment.
Each Tranche B Lender severally agrees, on the terms and conditions set forth in this Agreement, to make a loan to the Borrower (a “Tranche B Loan”) on the Closing Date in an amount equal to such Tranche B Lender’s Tranche B Commitment.

More Definitions of Tranche B Commitment

Tranche B Commitment means, with respect to any Tranche B Lender, the commitment of such Tranche B Lender to make Tranche B Loans, expressed as an amount representing the maximum aggregate amount of such Tranche B Lender’s potential Credit Exposure hereunder, as such commitment may (x) be reduced from time to time pursuant to Section 2.06, and (y) be increased or reduced from time to time pursuant to assignments by or to such Tranche B Lender pursuant to Section 11.05. The initial amount of each Tranche B Lender’s Tranche B Commitment is set forth on Schedule 2.01 Part (b), or in the Assignment and Assumption pursuant to which such Tranche B Lender shall have assumed its Tranche B Commitment, as applicable. The initial aggregate amount of the Tranche B Lenders’ Tranche B Commitments is JPY 58,500,000,000.

Tranche B Commitment means, as to any Tranche B Lender, the obligation of such Tranche B Lender to make or continue Tranche B Loans hereunder in an aggregate principal amount up to but not exceeding the amount set forth opposite the name of such Tranche B Lender on the signature pages hereto under the heading "Tranche B Commitment" or, if such Tranche B Lender is a party to an Assignment and Acceptance, the amount of the "Tranche B Commitment" set forth in the most recent Assignment and Acceptance of such Tranche B Lender, as the same may be reduced or terminated pursuant to Section 2.13 or 11.2, and "Tranche B Commitments" means such obligations of all Tranche B Lenders. As of the Closing Date, the aggregate principal amount of the Tranche B Commitments is $58,000,000.

Tranche B Commitment means the commitment of each Tranche B Lender to make such amount of the Tranche B Loan hereunder in the amount set forth opposite its name on Annex A hereto or as may be subsequently set forth in the Register from time to time, as the case may be and as the same may be reduced from time to time pursuant to the last sentence of Section 2.01(b) and Sections 2.12 and 2.13. The initial aggregate amount of the Tranche B Commitment is $250,000,000.

Tranche B Commitment means, with respect to any Lender, the commitment of such Lender to make the Credit Extensions relating to the Tranche B Loan on the Tranche B Closing Date (and, for the avoidance of doubt, no later than November 2, 2020) in the aggregate principal amount set forth opposite such Lender’s name on Exhibit D attached hereto; provided, however, that the parties hereto agree that such commitment, and any obligations of such Lender hereunder with respect thereto, shall terminate automatically without any further action by any party hereto and be of no further force and effect if (x) any prepayment, in whole or in part, of principal amount (including accrued and capitalized PIK Interest) of the Tranche A Loan is made pursuant to Section 2.2(c) or as a result of the acceleration of the maturity of the Tranche A Loan pursuant to Section 8.1(a) on or before the occurrence of the Tranche B Closing Date or (y) the Tranche B Closing Date does not occur on or before November 2, 2020 (in either of which case, for purposes of this Agreement, such Lender’s Tranche B Commitment equals zero).”

Tranche B Commitment means, with respect to each Tranche B DIP Lender, its commitment hereunder in the amount set forth opposite its name on Annex D hereto, or as may subsequently be set forth in the Register from time to time, as the same may be reduced from time to time pursuant to this Agreement."

Tranche B Commitment means, (1) with respect to any Tranche B Lender, (a) at any time on or prior to the Closing Date, (i) the amount set forth opposite such Lender's name under the heading "Tranche B Commitment" on Schedule 1.1 hereto or, in the case of a Lender that becomes a Lender pursuant to an assignment, the amount of the assignor's Tranche B Commitment assigned to such Lender, in either case as the same may be increased or reduced from time to time pursuant to assignments in accordance with Section 12.9 or (ii) as the context may require, the obligation of such Lender to make Tranche B Term Loans in an aggregate unpaid principal amount not exceeding such amount, and (b) thereafter, zero and (2) with respect to all Tranche B Lenders, the sum of each Lender's Tranche B Commitment.

Tranche B Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan hereunder on the Closing Date, expressed as an amount representing the maximum principal amount of the Tranche B Term Loan to be made by such Lender hereunder, as such commitment may be reduced or increased from time to time pursuant to this Agreement.