Tranche A-2 Term Loan Commitment Percentage definition

Tranche A-2 Term Loan Commitment Percentage means, for each Bank, a fraction (expressed as a percentage), the numerator of which is the Tranche A-2 Term Loan Commitment (and after the Closing Date, the outstanding principal amount of such Bank's Tranche A-2 Term Loan) of such Bank at such time and the denominator of which is the aggregate amount of the Tranche A-2 Term Loan Commitment (and after the
Sample 1Sample 2
Tranche A-2 Term Loan Commitment Percentage means, at any time, for each Tranche A-2 Term Loan Lender, the percentage of the Tranche A-2 Term Loan (or aggregate Tranche A-2 Term Loan Commitment, prior to the termination thereof) held by such Tranche A-2 Term Loan Lender to the aggregate Tranche A-2 Term Loan (or Tranche A-2 Term Loan Commitments) held by all Tranche A-2 Term Loan Lenders, as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 10.07. The Tranche A-2 Term Loan Commitment Percentages as in effect on the First Amendment Effective Date are set forth on Schedule 2.01.
Sample 1Sample 2
Tranche A-2 Term Loan Commitment Percentage means, for each Tranche A-2 Term Lender, a fraction (expressed as a percentage carried to the ninth decimal place), the numerator of which is, prior to funding, such Lender’s Tranche A-2 Term Loan Committed Amount, and after funding, the principal amount of such Lender’s Tranche A-2 Term Loan, and the denominator of which is, prior to funding, the aggregate principal amount of the Tranche A-2 Term Loan Commitments, and after funding, is the Outstanding Amount of the Tranche A-2 Term Loan. The initial Tranche A-2 Term Loan Commitment Percentages are set forth on Schedule 2.01.
Sample 1Sample 2

Examples of Tranche A-2 Term Loan Commitment Percentage in a sentence

  • The Administrative Agent will promptly distribute to each Lender its Revolving Commitment Percentage, Tranche A-1 Term Loan Commitment Percentage, Tranche A-2 Term Loan Commitment Percentage or Tranche A-3 Term Loan Commitment Percentage, as applicable (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office.


More Definitions of Tranche A-2 Term Loan Commitment Percentage

Tranche A-2 Term Loan Commitment Percentage means, as to each Tranche A-2 Term Loan Lender, the ratio, expressed as a percentage, of (a) the amount of such Tranche A-2 Term Loan Lender’s Commitment to (b) the aggregate amount of the Tranche A-2 Term Loan Commitments of all Tranche A-2 Term Loan Lenders; provided, however, that if at the time of determination the Tranche A-2 Term Loan Commitments have been terminated or been reduced to zero, the “Tranche A-2 Term Loan Commitment Percentage” of each Tranche A-2 Term Loan Lender shall be the ratio of (i) the unpaid principal amount of Tranche A-2 Term Loans held by such Tranche A-2 Term Loan Lender to (ii) the unpaid principal amount of all Tranche A-2 Term Loans.
Sample 1
Tranche A-2 Term Loan Commitment Percentage means, as to each Tranche A-2 Term Loan Lender, the ratio, expressed as a percentage, of
Sample 1

Related to Tranche A-2 Term Loan Commitment Percentage

  • Term Loan Commitment Percentage means, for any Term Loan Lender, the percentage identified as its Term Loan Commitment Percentage in its Lender Commitment Letter, or in the Assignment and Assumption pursuant to which such Lender became a Lender hereunder, as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(b).

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Revolving Commitment Percentage means, for each Lender, a fraction (expressed as a decimal) the numerator of which is the Revolving Commitment of such Lender at such time and the denominator of which is the Aggregate Revolving Committed Amount at such time. The initial Revolving Commitment Percentages are set out on Schedule 2.1(a).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Annex II, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Loan Commitment has the meaning set forth in Section 2.1.