Term B Commitments. (a) Subject to the terms and conditions set forth herein, on the First Refinancing Amendment Effective Date, each Additional Term B Lender agrees to fund a Term B Loan in a principal amount not exceeding such Additional Term B Lender’s Term B Commitment set forth on the First Refinancing Amendment Allocation Schedule.
Term B Commitments. On: (A) the Second Amendment Effective Date, subject to the terms and conditions hereof, each Term B Bank with a Second Amendment Effective Date Term B Commitment severally made a Term B Loan to O&M Halyard in Dollars in one (1) advance in an aggregate amount not to exceed such Term B Bank’s Second Amendment Effective Date Term B Commitment, which Borrowing consisted of Term B Loans made simultaneously by the Term B Banks with Second Amendment Effective Date Term B Commitments in accordance with their respective Second Amendment Effective Date Term B Commitments; and (B) the Third Amendment Effective Date, subject to the terms and conditions hereof, each Term B Bank with a Third Amendment Effective Date Term B Commitment severally agrees to make a Term B Loan to O&M Halyard in Dollars in one (1) advance in an aggregate amount not to exceed such Term B Bank’s Third Amendment Effective Date Term B Commitment, such Borrowing to consist of Term B Loans made simultaneously by the Term B Banks with Third Amendment Effective Date Term B Commitments in accordance with their respective Third Amendment Effective Date Term B Commitments. Term B Loans repaid or prepaid may not be reborrowed. Term B Loans may consist of Base Rate Loans or Eurocurrency Rate Loans (or a combination thereof), as the Borrower Representative may request.
Term B Commitments. Pursuant to the terms and conditions hereof, each Term B Xxxxxx severally agrees to make a term loan (a “Term B Loan”) to the Borrower on the Closing Date in an amount equal to the amount of its Term B Commitment. The Term Loans may from time to time be Term Benchmark Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.12.
Term B Commitments. On the making of the Term B Advances on the Effective Date (and on the making of the Term B Advances, if any, on each Increase Date), each Term B Lender’s Term B Commitment shall be reduced to zero. Any reduction or termination of the Term B Commitments pursuant to this Section shall be permanent, with no obligation of the Lenders to reinstate such Commitments.
Term B Commitments. Each Term B Lender severally agrees, on the terms and conditions set forth in this Agreement, to make to the US Borrower on the Closing Date, a Term B Advance in an amount not to exceed such Lender’s Term B Commitment. The US Borrower may not reborrow any Term B Advances that have been repaid.
Term B Commitments. Subject to the terms and conditions of this Agreement, each Bank severally agrees to make an advance of funds to the Borrower in the amount of its Term B Commitment on the Closing Date. The Borrower may establish Prime Rate Accounts or Libor Accounts thereunder and, until the Term B Termination Date, the Borrower may Continue Libor Accounts established under the Term B Loan or Convert Accounts established under the Term B Loan of one Type into Accounts of another Type. Accounts of each Type established under the Term B Loan made by each Bank shall be made and maintained at such Bank's Applicable Lending Office for Accounts of such Type.
Term B Commitments. Subject to the terms and conditions set forth herein, each Joinder Lender party hereto severally agrees to make, on the Additional Commitments Effective Date (as defined below), a single loan under a new tranche of term loans (each, a “Term B Loan”) in Dollars to the Company in an amount equal to the commitment amount set forth next to such Joinder Lender’s name in Schedule 1 hereto under the caption “Term B Commitment” (collectively, the “Term B Commitments”). For purposes hereof, (x) any Lender that has a Term B Commitment or Term B Loan is referred to as a “Term B Lender”, (y) the aggregate amount of the Term B Commitments or the Term B Loans at any time is referred to as the “Term B Facility” and (z) this Joinder Agreement shall be deemed to be a “Loan Document” under the Credit Agreement.
Term B Commitments. In a single Borrowing on the Closing Date, each Term B Lender agrees that it will make term loans (relative to such Term B Lender, its "Term B Loans") to the Borrower equal to such Term B Lender's Term B Percentage of the aggregate amount of the Borrowing of Term B Loans requested by the Borrower to be made on such day, provided that (a) the aggregate principal amount of all Term B Loans outstanding at any time from all Term B Lenders shall not exceed the Term B Facility and (b) the aggregate principal amount of all Term B Loans outstanding at any time from any Term B Lender shall not exceed its Term B Percentage of the Term B Facility. No amounts paid or prepaid with respect to Term B Loans may be reborrowed.
Term B Commitments. (a) Subject to the terms and conditions set forth herein, on the First Amendment Effective Date, each Additional Term B Lender agrees to fund a Term B-3 Loan in a principal amount not exceeding such Additional Term B Lender’s Term B-3 Commitment set forth in Exhibit A hereto.
Term B Commitments. (A) On the Second Amendment Effective Date, subject to the terms and conditions hereof, each Term B Bank severally agrees to make a Term B Loan to O&M Halyard in Dollars in one (1) advance in an aggregate amount not to exceed such Term B Bank’s Term B Commitment. (B) On the Term B Facility Increase Effective Date, subject to the terms and conditions hereof, each Term B Bank with an increased Term B Commitment pursuant to Section 2.15 severally agrees to make a Term B Loan to O&M Halyard in Dollars in one (1) advance in an aggregate amount not to exceed the amount of such increase. Each Borrowing of Term B Loans shall consist of Term B Loans made simultaneously by the Term B Banks in accordance with their respective Term B Commitments. Term B Loans repaid or prepaid may not be reborrowed. Term B Loans may consist of Base Rate Loans or Eurocurrency Rate Loans (or a combination thereof), as the Borrower Representative may request.
