Tranche I Term Loan Commitment definition

Tranche I Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make one or more Tranche I Term Loans hereunder in Dollars on the Effective Date, expressed as an amount in Dollars representing the maximum aggregate principal amount of the Tranche I Term Loans denominated in Dollars to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.09 or 2.11 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 Lender's Tranche I Term Loan Commitment is set forth on Schedule I, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche I Term Loan Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche I Term Loan Commitments is $380,000,000.
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Tranche I Term Loan Commitment means with respect to each Lender, the commitment of such Lender to make Tranche I Term Loans hereunder as set forth in Section 2.01(a)(i), as the same may be reduced from time to time pursuant to Section 2.09.
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Tranche I Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Tranche I Term Loans hereunder pursuant to Section 4 of the Amendment Agreement on the Restatement Date. The amount of each Lender’s Tranche I Term Loan Commitment is set forth on Schedule B to the Amendment Agreement (as appended to the Amendment Agreement on the Restatement Date) or in the Assignment and Acceptance pursuant to which such Lender assumed its Tranche I Term Loan Commitment, in each case as the same may be changed from time to time pursuant to the terms hereof.
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Examples of Tranche I Term Loan Commitment in a sentence

  • Subject to and upon the terms and conditions of this Agreement, the Lenders agree to make, severally and not jointly, according to each Lender’s Tranche I Term Loan Commitment Amount, a term loan to Borrowers in an aggregate original principal amount equal to $12,500,000 (the “Tranche I Term Loan”).

  • Subject to the terms and conditions set forth herein, each Lender agrees to make one or more Tranche I Term Loans to the Borrower on the Effective Date in a principal amount equal to its Tranche I Term Loan Commitment.

  • Subject to the terms and conditions of this Agreement, Lender will severally (and not jointly) make in an amount not to exceed its respective Tranche I Term Loan Commitment, and Borrower agrees to draw, an initial Tranche I Term Loan Advance of $15,000,000 on the Closing Date.

  • Subject to the terms and conditions set forth herein, each Tranche I Term Loan Lender agrees to make one or more Tranche I Term Loans to the Borrower on the Effective Date in Dollars in a principal amount not exceeding its Tranche I Term Loan Commitment.

  • Xxxxxxx Title: Authorized Signatory LENDER: WESTERN ALLIANCE BANK By /s/ Lauren Corentino Name: Lauren Corentino Title: VP Relationship Manager SCHEDULE 1.1 Lenders and Commitments Lender Term Loan Commitment Initial Term Loan Commitment Subsequent Tranche I Term Loan Commitment Subsequent Tranche II Term Loan Commitment Commitment Percentage Solar Capital Ltd.


More Definitions of Tranche I Term Loan Commitment

Tranche I Term Loan Commitment means as to any Lender, the obligation of such Lender, if any, to make a Tranche I Term Loan Advance to Borrower in a principal amount not to exceed the amount set forth under the heading “Tranche I Term Loan Commitment” opposite such Lender’s name on Schedule 1.1.
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Tranche I Term Loan Commitment as to any Lender, its obligation to make Tranche I Term Loans to the Borrower pursuant to Section 2.1(k) in an aggregate amount not to exceed the amount set forth opposite such Xxxxxx’s name in Schedule A-8 under the heading “Tranche I Term Loan Commitment”; collectively, as to all the Tranche I Term Lenders, the “Tranche I Term Loan Commitments”. The original aggregate amount of the Tranche I Term Loan Commitments on the Fourteenth Amendment Closing Date is $1,295,000,000.
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Tranche I Term Loan Commitment means, for each Lender, the amount set forth opposite such Lender's name in Schedule I-A directly below the column entitled "Tranche I Term Loan Commitment", as the same may be (x) reduced from time to time pursuant to Sections 3.03, 4.02 and/or 10 and (y) adjusted from time to time as a result of assignments to or from such Lender pursuant to Section 1.14 or 13.04(b).
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Related to Tranche I Term Loan Commitment

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 or 9.02(c)(i).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Tranche B Term Loan as defined in Section 2.1.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.