New Term Loan Commitment definition

New Term Loan Commitment as defined in Section 2.25(a).

New Term Loan Commitment has the meaning given in Section 2.8(a).

New Term Loan Commitment means, for each Lender, any commitment to make New Term Loans provided by such Lender pursuant to Section 2.23, in such amount as agreed to by such Lender in the respective New Term Loan Commitment Agreement.

Examples of New Term Loan Commitment in a sentence

• On any Increased Amount Date on which any New Term Loan Commitments are effective, subject to the satisfaction of the foregoing terms and conditions, (i) each New Term Loan Lender shall make a Loan to the Borrower (a “New Term Loan”) in an amount equal to its New Term Loan Commitment, and (ii) each New Term Loan Lender shall become a Lender hereunder with respect to the New Term Loan Commitment and the New Term Loans made pursuant thereto.

• On any Increased Amount Date on which any New Term Loan Commitments are effected, subject to the satisfaction of the foregoing terms and conditions, (i) each New Term Loan Lender shall make a Loan to the Borrowers (a “New Term Loan”) in an amount equal to its New Term Loan Commitment, and (ii) each New Term Loan Lender shall become a Lender hereunder with respect to the New Term Loan Commitment and the New Term Loans made pursuant thereto.

• Upon the funding of the New Term Loans on the Effective Date, the New Term Loan Commitment of each New Term Loan Lender shall be $0.

• The effectiveness of such New Term Loan Commitment shall be subject to the satisfaction of the conditions set forth in this Section 2.04; provided that the condition set forth in clause (z)(i) of the immediately preceding paragraph shall be deemed satisfied with respect thereto on the Effective Date.

• By executing this Replacement Term Lender Addendum as a Replacement Term Lender, the undersigned institution agrees (A) to the terms of the Agreement and the Credit Agreement as amended thereby (the “Amended Credit Agreement”) and (B) on the terms and subject to the conditions set forth in the Agreement and the Amended Credit Agreement, to provide 2017-2 New Term Loans on the Effective Date in the amount of such Replacement Term Lender’s 2017-2 New Term Loan Commitment.

More Definitions of New Term Loan Commitment

New Term Loan Commitment means, with respect to each New Term Loan Lender, any Term Loan Commitment provided by such New Term Loan Lender pursuant to Section 2.24, or in the Assignment and Acceptance pursuant to which such Lender assumed its New Term Loan Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such New Term Loan Lender pursuant to Section 9.04.

New Term Loan Commitment means, relative to any Lender, such Lender’s obligation (if any) to make New Term Loans pursuant to Section 2.1.3.

New Term Loan Commitment means, with respect to each Lender, the amount set forth opposite such Lender’s name in Schedule I directly below the column entitled “New Term Loan Commitment,” as the same may be reduced or terminated pursuant to Section 3.03 and/or 10 or otherwise modified pursuant to Section 1.13 and/or 13.04(b).

New Term Loan Commitment means, as to any Lender, the dollar amount set forth opposite such Lender’s name on the Commitment Annex under the column “New Term Loan Commitment.”

New Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a New Term Loan hereunder on the First Amendment Effective Date in the amount set forth on Annex III or on Schedule 1 to the Assignment and Acceptance pursuant to which such Lender assumed its New Term Loan Commitment, as applicable, as the same may be reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 11.04. The aggregate principal amount of the Lenders’ New Term Loan Commitments on the First Amendment Effective Date is $16,000,000.

New Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make its portion of the New Term Loan in a principal amount equal to such Lender's New Term Loan Percentage (if any) of the New Term Loan Committed Amount.

New Term Loan Commitment means the commitment of a Lender to make a New Term Loan to Domestic Borrowers, on a joint and several basis, or the Offshore Borrower, pursuant to subsection 2.1A(vi), and “New Term Loan Commitments” means such commitments of all Lenders in the aggregate.