U.S. Term Loan Commitment definition

U.S. Term Loan Commitment means a commitment to make US Term Loans to a US Borrower pursuant to a Loan Agreement.

U.S. Term Loan Commitment means, with respect to each U.S. Term Lender, the commitment of such U.S. Term Lender to make U.S. Term Loans in accordance with Section 2.5(a) in an aggregate principal amount equal to the amount specified on Schedule 2.1(a) or in the New Commitment Agreement executed by such U.S. Term Lender.

U.S. Term Loan Commitment means, with respect to each U.S. Term Loan Lender, the commitment of such Lender to make a U.S. Term Loan hereunder in the amount set forth opposite its name on Annex A-3 hereto, as the same shall be reduced on the Closing Date pursuant to Section 2.14(j) and as may be modified pursuant to Section 9.23(a). As of the Closing Date and prior to making the U.S. Term Loans, the aggregate amount of the U.S. Term Loan Commitments of the U.S. Term Loan Lenders is US$400,000,000.

Examples of U.S. Term Loan Commitment in a sentence

• Growth rates in energy as well as electricity consumption are expected to remain high in the near future due to various factors, such as fast-growing industrial activity, electrification of rural and other non-electrified areas and improvements in quality of life.

• On the Effective Date, each U.S. Lender will make its U.S. Term Loan Commitment Percentage of the U.S. Term Loan Commitment available to the Administrative Agent by deposit, in U.S. dollars and in immediately available funds, at the offices of the Administrative Agent at its principal office in Charlotte, North Carolina or at such other address as the Administrative Agent may designate in writing.

• The U.S. Term Loan made by each Lender shall be evidenced by a duly executed promissory notes of the U.S. Borrower, dated as of the Closing Date, in an original principal amount equal to such Lender's U.S. Term Loan Commitment Percentage and substantially in the form of Exhibit 3.4.

• All outstanding Advances with respect to each Revolving Commitment, US Term Loan Commitment or Canadian Term Loan Commitment shall be due and payable in full on the Maturity Date of such Loan, if not sooner accelerated in accordance with the terms of the applicable Loan Documents.

• Subject to the terms and conditions set forth herein, (a) each U.S. Term Loan Lender severally agrees to make to the Borrower a single loan denominated in Dollars equal to such U.S. Term Loan Lender’s U.S. Term Loan Commitment on the Closing Date and (b) each Swedish Term Loan Lender severally agrees to make to the Borrower a single loan denominated in Swedish Kronor equal to such Swedish Term Loan Lender’s Swedish Term Loan Commitment on the Closing Date.

More Definitions of U.S. Term Loan Commitment

U.S. Term Loan Commitment as to any US Term Loan Lender, its obligation to make a US Term Loan to the Company pursuant to subsection 2.9 in an amount equal to the amount set forth under such US Term Loan Lender's name in Schedule 1.1A opposite the heading "US Term Loan Commitment"; collectively, the "US Term Loan Commitments".

U.S. Term Loan Commitment means as to any Lender at any time, its obligation to make the U.S. Term Loan to the Company in an aggregate amount not to exceed at any time outstanding the aggregate outstanding principal amount of its respective U.S. Revolving Credit Loans of such Lender outstanding on the Facility Termination Date or as otherwise established pursuant to Section 13.3, as such amount may be reduced from time to time pursuant to Section 13.3 and the other applicable provisions hereof.

U.S. Term Loan Commitment means the commitment of a Lender to make or otherwise fund a U.S. Term Loan (including, for the avoidance of doubt, the Initial U.S. Term Loan Commitment) and “U.S. Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Term Loan Commitment, if any, is set forth on Schedule 2.01(a) or, in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Term Loan Commitments as of (x) the Third Restatement Date is $160,000,000.

U.S. Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make US$ Term Loans hereunder as set forth on Schedule 2.1, or in the Assignment and Assumption pursuant to which such Lender assumed its US$ Term Loan Commitment, as applicable, as the same may be (i) reduced from time to time pursuant to Section 2.9 and (ii) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.4. The original aggregate amount of the US$ Term Loan Commitments is $370,000,000.

U.S. Term Loan Commitment as to any Lender, the obligation of such Lender, if any, to make a US Term Loan to the US Borrower hereunder in a principal amount not to exceed the amount set forth under the heading “US Term Loan Commitment” opposite such Lender’s name on Schedule 1 to the Lender Addendum delivered by such Lender, or, as the case may be, 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 original aggregate amount of the US Term Loan Commitments is $39,891,423.74.

U.S. Term Loan Commitment means (a) as to any Term Lender with a US Term Loan Commitment, the commitment of such Lender to make its Pro Rata Share of the US Term Loan as set forth on Annex I to the Agreement or in the most recent Assignment Agreement executed by such Lender, and (b) as to all Lenders with a US Term Loan Commitment, the aggregate commitment of all Lenders to make the US Term Loan, which aggregate commitment shall be Four Million US Dollars (US$4,000,000) on the Closing Date. After advancing the US Term Loan, each reference to a Lender's US Term Loan Commitment shall refer to that Lender's Pro Rata Share of the outstanding US Term Loan.

U.S. Term Loan Commitment means $100,000,000 (U.S.).