Term Loan B Commitment definition

Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.
Term Loan B Commitment means, with respect to each Term Loan B Lender, the commitment of such Term Loan B Lender to make its portion of the Term Loan B in a principal amount equal to such Term Loan B Lender’s Term Loan B Commitment Percentage of the Term Loan B Committed Amount.
Term Loan B Commitment means (a) as to any Lender, the commitment of such Lender to make its Pro Rata Share of the Term Loan B as set forth in the signature page to the Agreement or in the most recent Assignment Agreement executed by such Lender, and (b) as to all such Lenders, the aggregate commitment of all Lenders to make the Term Loan B, which aggregate commitment shall be Three Million Dollars ($3,000,000.00) on the Closing Date.

Examples of Term Loan B Commitment in a sentence

  • As to each Term Loan B Lender, the amount equal to such Term Loan B Lender’s Term Loan B Commitment Percentage of the aggregate principal amount of the Term Loans B from time to time Outstanding to the Borrower.

  • The Total Term Loan B Commitment may increase in accordance with §2.11.

  • With respect to each Lender, the aggregate of (a) the Revolving Credit Commitment of such Lender, (b) the Term Loan A Commitment of such Lender and (c) the Term Loan B Commitment of such Lender.

  • As of the Closing Date, the Term Loan B Commitment is $00.00 and no Lender is committed to fund any portion of Term Loan B to Borrower.

  • Collectively, the Lenders which have a Term Loan B Commitment, the initial Term Loan B Lenders being identified on Schedule 1.1 hereto.


More Definitions of Term Loan B Commitment

Term Loan B Commitment means (a) as to any Term Loan B Lender, the commitment of such Term Loan B Lender to make its Pro Rata Share of the Term Loan B as set forth on ANNEX J to the Agreement or in the most recent Assignment Agreement executed by such Term Loan B Lender, and (b) as to all Term Loan B Lenders, the aggregate commitment of all Term Loan B Lenders to make the Term Loan B, which aggregate commitment shall be Seven Million Dollars ($7,000,000) on the Closing Date. After advancing the Term Loan B, each reference to a Lender's Term Loan B Commitment shall refer to that Lender's Pro Rata Share of the outstanding Term Loan B.
Term Loan B Commitment means the individual commitment of each such Lender to advance Term Loan B Loans hereunder.
Term Loan B Commitment means, with respect to each Term Loan B Lender, the commitment, if any, of such Term Loan B Lender to make a Term Loan B Advance hereunder on the Closing Date or, if the Company so elects, the Merger Date. The initial aggregate amount of the Term Loan B Lenders’ Commitments on the Closing Date was $500,000,000.
Term Loan B Commitment means the commitment of each Lender to make B Term Loans to the Borrower up to an aggregate principal amount, at any one time, not in excess of the amount set forth (i) under such Lender's name opposite the row entitled "Term Loan B Commitment" on the schedule pages hereto or (ii) in any applicable Assignment and Acceptance(s) to which it may be a party, as the case may be, as such amount may be reduced from time to time in accordance with the terms of this Credit Agreement.
Term Loan B Commitment means a commitment to make a loan pursuant to Section 2.1(b) on the Amendment No. 2 Effective Date in the aggregate principal amount of $3,750,000. The Term Loan B Commitment shall terminate upon the making of the Term Loan B.”
Term Loan B Commitment shall have the meaning ascribed to such term in Section 2.1A.
Term Loan B Commitment means the obligation hereunder of the Term Loan B Lenders to make a Term Loan B in the original principal amount of $10,000,000, with each Term Loan B Lender’s obligation to participate therein being in the amount set forth opposite such Term Loan B Lender’s name under the column headed “Term Loan B Commitment” as set forth on Schedule 1 hereto (as such amounts may be reduced by the amounts of any payments applied thereto).