Additional Initial Term Commitment definition

Additional Initial Term Commitment means (a) as to any Existing Term Lender with an Initial Term Commitment, an amount equal to the difference between such Existing Term Lender’s Initial Term Commitment and the aggregate outstanding principal amount of such Existing Term Lender’s Existing Term Loans on the Restatement Date, and (b) as to any other Lender with an Initial Term Commitment, such Lender’s Initial Term Commitment.
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Additional Initial Term Commitment means the commitment of the Amendment No. 1 Additional Initial Lender to make an Initial Term Loan to the Borrower in an aggregate principal amount equal to $325,000,000 on the Amendment No. 1 Effective Date.
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Additional Initial Term Commitment means, with respect to an Additional Initial Term Lender, the commitment of such Additional Initial Term Lender to make an Additional Initial Term Loan on the Amendment No. 4 Effective Date in the aggregate principal amount set forth on Schedule 1.1(b).
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Examples of Additional Initial Term Commitment in a sentence

  • The Additional Initial Term Commitment shall automatically terminate upon the making of the Additional Initial Term Loan on the Amendment No. 1 Effective Date.

  • Subject to the terms and conditions set forth herein, each and in the First Amendment, the Additional Initial Term Lender with anthe Additional Initial Term Commitment severally agrees to make a single loan denominated in Dollars (the “Additional Initial Term Loans”) to the Initial U.S. Borrower (on behalf of the Borrowers on a joint and several basis) on the ClosingFirst Amendment Effective Date in an amount not to exceed suchthe Additional Initial Term Lender’s Additional Initial Term Commitment.

  • The Additional Initial Term Borrowing shall consist of Additional Initial Term Loans made simultaneously by the Additional Initial Term LenderLenders in accordance with its Additional Initial Term Commitment.

  • Subject to the terms and conditions set forth herein and in the FirstSecond Amendment, the Additionaleach Initial Term Lender with the Additionalan Initial Term Commitment severally agrees to make a single loan denominated in Dollars (the “Additional Initial Term Loans”) to the Initial U.S. Borrower (on behalf of the Borrowers on a joint and several basis) on the FirstSecond Amendment Effective Date in an amount not to exceed the Additionalsuch Initial Term Lender’s Additional Initial Term Commitment.


More Definitions of Additional Initial Term Commitment

Additional Initial Term Commitment means, with respect to an Additional Initial Term Lender, the commitment of such Additional Initial Term Lender to make an Additional Initial Term Loan on the RestatementAmendment No. 4 Effective Date in the aggregate principal amount set forth on Schedule 1.1(b). “Additional Initial Term Lender” means each Lender set forth on Schedule 1.1(b) with an Additional Initial Term Commitment to make Additional Initial Term Loans to the Borrower on the RestatementAmendment No. 4 Effective Date and which shall constitute a “Lender” under the Credit Agreement as of the RestatementAmendment No. 4
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Related to Additional Initial Term Commitment

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • 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.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.