Definition of Tranche D Loan Commitment


Tranche D Loan Commitment means, with respect to each Lender, the commitment of such Lender to make its Pro Rata Share of the Tranche D Loan to the Borrowers, which commitment is in the amount set forth opposite such Lender's name on Exhibit C under the caption "Tranche D Lender's Loan Commitment." The Tranche D Loan Commitment on the date hereof equals $38,500,000.
Sample 1

Examples of Tranche D Loan Commitment in a sentence

The aggregate outstanding principal amount of all Tranche D Loans may not exceed at any time the amount of the Tranche D Loan Commitment.
The Tranche B Loan Commitment, the Tranche C Loan Commitment and the Tranche D Loan Commitment shall terminate on the Commitment Termination Date.
The Borrower may, from time to time, upon at least three Business Days prior notice to the Lender, terminate in whole or reduce in part the unused portions of the Tranche B Loan Commitment, the Tranche C Loan Commitment or the Tranche D Loan Commitment.