Initial Euro Term Commitment means the Term Commitments of the Initial Euro Term Lenders as of the Closing Date.
Initial Euro Term Commitment means, as to each Euro Term Lender, its obligation to make Initial Euro Term Loans to the Borrowers pursuant to Section 2.01(b) in an aggregate principal amount not to exceed the amount set forth opposite such Euro Term Lender’s name on Schedule 2.01 under the caption “Initial Euro Term Commitment” as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Euro Term Commitments is €400,000,000.
Initial Euro Term Commitment means, with respect to each Term Lender, (i) prior to the Amendment No. 1 Effective Date, the commitment of such Term Lender, if any, to make an Initial Euro Term Loan hereunder on the Closing Date and (ii) on and after the Amendment No. 1 Effective Date, the commitment of such Term Lender, if any, to make or exchange Amendment No. 1 Euro Term Loans as set forth in Section 2.01(iv) and Amendment No. 1 in an amount equal to the Euro Refinancing Lender Commitment or Allocated Euro Amount (in each case, as defined in Amendment No. 1) of such Term Lender, as applicable. The amount of each Term Lender’s Initial Euro Term Commitment as of the Closing Date is set forth on Schedule 2.01(a) under the caption “Initial Euro Term Commitment”. As of the Closing Date, the total Initial Euro Term Commitment is €1,955,000,000. As of the Amendment No. 1 Effective Date, the total Initial Euro Term Commitments in respect of Amendment No. 1 Euro Term Loans is €1,890,000,000.
Examples of Initial Euro Term Commitment in a sentence
Subject to the terms and conditions set forth herein, each Euro Term Lender with an Initial Euro Term Commitment severally agrees to make a single loan denominated in Euros (the “Initial Euro Term Loans”) to the Borrowers (on a joint and several basis) on the Closing Date in an amount not to exceed such Euro Term Lender’s Initial Euro Term Commitment.
The scope of delivery will be defined in the supplier's written confirmation of the order.
The Initial Euro Term Borrowing shall consist of Initial Euro Term Loans made simultaneously by each Term Lender with an Initial Euro Term Commitment in accordance with the amount of their respective Initial Euro Term Commitments.
More Definitions of Initial Euro Term Commitment
Initial Euro Term Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make an Initial Euro Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Initial Euro Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to an Assignment and Assumption. The amount of each Lender’s Initial Euro Term Commitment as of the Effective Date is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Initial Euro Term Commitment, as the case may be. The initial aggregate amount of the Lenders’ Initial Euro Term Commitments on the Effective Date is €75,000,000.
Initial Euro Term Commitment means, as to each Term Lender, its obligation to make Initial Euro Term Loans to the Borrowers pursuant to Section 2.01(b) in an aggregate principal amount not to exceed the amount set forth opposite such Euro Term Lender’s name on Schedule 2.01 under the caption “Initial Euro Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement including as such amount may be reduced from time to time pursuant to Section 2.06 or reduced or increased from time to time pursuant to assignments by or to such Term Lender pursuant to an Assignment and Assumption. The initial aggregate amount of the Initial Euro Term Commitments is €399,000,000.
Initial Euro Term Commitment means, with respect to each Lender, the amount set forth opposite such Lender’s name in Schedule 1 hereto as its “Euro Term Commitment” or 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 adjusted from time to time as a result of assignments to or from such Lender pursuant to Section 11.06. The initial aggregate amount of the Initial Euro Term Commitments is €250.0 million.
Initial Euro Term Commitment means, as to each Euro Term Lender, its obligation to make an Initial Euro Term Loan in euros to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Euro Term Lender’s name in Schedule 1.01A under the caption “Initial Euro Term Commitment” or in the Assignment and Assumption pursuant to which such Euro Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The aggregate amount of the Initial Euro Term Commitments is €1,000,000,000.
Initial Euro Term Commitment has the meaning assigned to such term in the definition of “Euro Term Commitment”.