Total Term Loan Commitment definition

Total Term Loan Commitment means the sum of the amounts of the LendersTerm Loan Commitments.

Examples of Total Term Loan Commitment in a sentence

  • Once repaid, Term Loans incurred hereunder may not be reborrowed.(b) The Total Term Loan Commitment (and the Term Loan Commitment of each Lender) shall terminate in its entirety on the Funding Date (after giving effect to the incurrence of Term Loans on such date).

  • All Term Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate Share of the Total Term Loan Commitment.

  • The Total Term Loan Commitment shall terminate concurrently with the making of the Term Loans on the Effective Date.

  • The Total Term Loan Commitment shall terminate on the earlier of (i) the making of the Term Loan on the Effective Date and (ii) 5:00 p.m. on the Effective Date.

  • If the Borrower agrees to pay the facility fees so determined (and/or such other fees as may be agreed to by Borrower and Agent), the Agent shall send a notice to all Revolving Credit Lenders and/or Term Loan Lenders, as applicable (the “Additional Commitment Request Notice”) informing them of the Borrower’s request to increase the Total Revolving Credit Commitment and/or the Total Term Loan Commitment, as applicable, and of the facility fees to be paid with respect thereto.


More Definitions of Total Term Loan Commitment

Total Term Loan Commitment means the sum of the Term Commitments of the Lenders. As of the Closing Date, the amount of the Total Term Loan Commitment is $80,000,000.
Total Term Loan Commitment means the sum of the amounts of the LendersTerm Loan Commitments, which amount is equal to $50,000,000 in the aggregate as of the Effective Date.
Total Term Loan Commitment means the sum of the amounts of the Lenders' Term Loan Commitments.
Total Term Loan Commitment means the sum of the Initial Term Loan Commitments, and the New Term Loan Commitments, if applicable, of all the Lenders.
Total Term Loan Commitment means the sum of the Term Loan Commitments. On the Closing Date, the Total Term Loan Commitment shall be $192,000,000 as set forth on Schedule 1.01(a). On the Amendment No. 2 Effective Date, the Total Term Loan Commitment shall be $252,000,000.
Total Term Loan Commitment means, at any time, the sum of the Term Loan Commitments at such time.
Total Term Loan Commitment means, at any time, the sum of the B-1 Term Loan Commitments and the B-2 Term Loan Commitments of each of the Lenders at such time.