Additional Term B Commitment definition

Additional Term B Commitment means, with respect to the Additional Term B Lender, its commitment to make a Term B Loan on the Amendment No. 1 Effective Date in an amount equal to the excess, if any of (i) the principal amount of Original Term Loans required to be repaid on the Amendment No. 1 Effective Date pursuant to Section 2.05(b)(ix) minus (ii) the amount of the Term A Commitment.
Additional Term B Commitment means, as to each Additional Term B Lender, its obligation to make a Term B Loan to the Borrower in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Additional Term B Commitment”, or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.
Additional Term B Commitment means, with respect to the Additional Term B Lender, its commitment to make a Term B Loan on the Amendment No. 2 Effective Date in an amount equal to $329,438,750 minus the aggregate principal amount of the Converted Initial Loans of all Lenders.

Examples of Additional Term B Commitment in a sentence

  • The Additional Term B Commitment of the Additional Term B Lender shall be automatically and permanently reduced to $0 upon the funding of Term B Loans to be made by it on the Amendment No. 1 Effective Date.


More Definitions of Additional Term B Commitment

Additional Term B Commitment has the meaning assigned thereto in the First Incremental Term Facility Amendment.
Additional Term B Commitment the obligation of the Additional Term B Lender to make a Term B Loan on the Restatement Effective Date in an aggregate principal amount equal to the excess of $6,350,000,000 over the aggregate principal amount of Converted Term Loans.
Additional Term B Commitment has the meaning specified in Section 2.01(c).
Additional Term B Commitment has the meaning set forth in Amendment No. 1.
Additional Term B Commitment means with respect to the Additional Term B Lender, its commitment to make a Term B Loan on the Third Restatement Effective Date in an amount equal to $[500-550],000,000.
Additional Term B Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make an Additional Term B Loan hereunder on the Amendment No. 2 Effective Date in the amount set forth on the signature page to Amendment No. 2 to the Credit Agreement executed and delivered by such Lender (as adjusted by the Administrative Agent if necessary), or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Additional Term B Commitment, as the same may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 11.04. The aggregate amount of the Lenders' Additional Term B Commitments is $5.0 million."
Additional Term B Commitment means, with respect to each Term Lender, the commitment of such Term Lender to make an Additional Term B Loan hereunder on the Amendment No. 2 Effective Date. The amount of each Additional Term B Lender’s Additional Term B Commitment is set forth on Schedule 2.01(c) under the caption “Additional Term B Commitment.” As of the Amendment No. 2 Effective Date, the aggregate Additional Term B Commitment of all Term Lenders is was $29,455,196.37 and, as of the Amendment No. 3 Effective Date, the aggregate Additional Term B Commitment of all Term Lenders is $0.