U.S. Term Commitment definition

U.S. Term Commitment means, as to each U.S. Term Lender, its obligation to make a U.S. Term Loan to the Borrower pursuant to Section 2.01(a)(i) in an aggregate principal amount equal to the amount set forth opposite such U.S. Term Lender’s name on Schedule 1.01(b) under the caption “U.S. Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such U.S. Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The U.S. Term Commitment of all of the U.S. Term Lenders on the Closing Date shall be $500,000,000.

U.S. Term Commitment means, with respect to each U.S. Term Lender, the commitment of such U.S. Term Lender to make a single U.S. Term Loan to the U.S. Borrower on the Funding Date in an aggregate principal amount not to exceed the U.S. dollar amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate amount of the U.S. Term Commitments as of the Closing Date is $775,000,000.

U.S. Term Commitment means, with respect to each U.S. Term Lender, the commitment of such Lender to make U.S. Term Loans to the U.S. Borrower in the aggregate principal amount set forth opposite such Lender’s name on the Commitment Schedule under the caption “U.S. Term Commitment” as amended to reflect each Assignment and Assumption executed by such Lender and as such amount may be reduced pursuant to this Agreement, and “U.S. Term Commitments” means the aggregate U.S. Term Commitments of all U.S. Term Lenders, which amount, initially as of the Closing Date, was $3,547.0 million.

Examples of U.S. Term Commitment in a sentence

• If an Incremental U.S. Term Commitment is established in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date and the date of funding thereof and the Administrative Agent shall advise each Incremental U.S. Term Lender of the details thereof.

• The Initial U.S. Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Initial U.S. Term Loans pursuant to Section 2.01(b).

• The Closing Date U.S. Term Loans to be made by each Closing Date U.S. Term Lender will be made by such Closing Date U.S. Term Lender in the aggregate amount of its Closing Date U.S. Term Commitment in accordance with Section 2.07 hereof.

• The Closing Date U.S. Term Loans shall not exceed (A) for any Closing Date U.S. Term Lender at the time of incurrence thereof the amount of such Closing Date U.S. Term Lender’s Closing Date U.S. Term Commitment and (B) for all the Closing Date U.S. Term Lenders at the time of incurrence thereof the aggregate amount of the Closing Date U.S. Term Commitments of all Closing Date U.S. Term Lenders.

• The U.S. Term Commitment of each U.S. Term Lender shall be automatically and permanently reduced to $0 upon the making of such U.S. Term Lender’s U.S. Term Loans pursuant to Section 2.01(a).

More Definitions of U.S. Term Commitment

U.S. Term Commitment means, as to each U.S. Term Lender, its obligation to make a U.S. Term Loan to the Company pursuant to Section 2.01(a) in an aggregate Dollar Amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “U.S. Term Commitment” or in the Assignment and Assumption pursuant to which such U.S. 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 Term Commitments is $1,210,000,000.

U.S. Term Commitment as to any U.S. Term Lender, the obligation of such Lender, if any, to make a U.S. Term Loan in an aggregate principal amount not to exceed the amount set forth (i) under the heading “U.S. Term Commitment” opposite such Lender’s name on Schedule 1.2 or (ii) in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of U.S. Term Commitments as of the Closing Date is One Billion One Hundred Seventy-Five Million Dollars ($1,175,000,000).

U.S. Term Commitment means, with respect to each Lender, the amount, if any, of its (a) Closing Date U.S. Term Commitment, (b) Incremental Term Loan Commitment in respect of U.S. Term Loans, or (c) in the case of any Lender that becomes a party hereto pursuant to an Assignment Agreement, the amount set forth in such Assignment Agreement, as such commitment may be reduced from time to time as a result of assignments to or from such Lender pursuant to Section 11.06.

U.S. Term Commitment of any Lender shall mean the amount of “US Term Commitment” for such Lender as set forth on Annex I to this Agreement or in the most recent Assignment Agreement executed by such Lender, as such commitment may be reduced, amortized or adjusted from time to time in accordance with this Agreement, and "US Term Commitments" means all of them.

U.S. Term Commitment as to any US Term Loan Lender at any time, the amount set forth opposite such Lender’s name on Schedule I hereto under the caption “US Term Commitment”, as such amount may be reduced at or prior to such time in accordance with the provisions of this Agreement.

U.S. Term Commitment as to any Lender, the obligation of such Lender, if any, to make a US$ Term Loan to the Parent Borrower in a principal amount not to exceed the amount set forth under the heading “US$ Term Commitment” opposite such Lender’s name on Schedule 1.1. The original aggregate amount of the US$ Term Commitments is $350,000,000.

U.S. Term Commitment means, as to each Lender, its obligation to make a US Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “US Term Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of the US Term Commitments as of the Closing Date is $950,000,000.