Additional Term B1 Commitment definition

Additional Term B1 Commitment means, with respect to an Additional Term B1 Lender, the commitment of such Additional Term B1 Lender to make Additional Term B1 Advances on the Fifth Amendment Effective Date, in an amount in dollars set forth next to the name of such Additional Term B1 Lender on Schedule I to the Fifth Amendment. The aggregate amount of the Additional Term B1 Commitments shall equal the outstanding principal amount of Term B Advances of Term B Lenders that do not execute and deliver the Fifth Amendment on or prior to the Fifth Amendment Effective Date.
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Additional Term B1 Commitment means the commitment of any Person to make Additional Term B1 Loans on the Term B1 Facility Effective Date in the aggregate initial principal amount set forth opposite the name of such Person under the caption “Additional Term B1 Commitment” on Schedule 2.1 (as amended by the First Amendment).
Sample 1
Additional Term B1 Commitment means, with respect to an Additional Term B1 Lender, the commitment of such Additional Term B1 Lender to make Additional Term B1 Advances on the Second Amendment Effective Date, in an amount in US Dollars set forth next to the name of such Additional Term B1 Lender on Schedule I thereto under the caption “Additional Term B1 Commitment”.
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Examples of Additional Term B1 Commitment in a sentence

  • The Additional Term B-1 Commitment shall be automatically and permanently reduced to zero upon the making of the Additional Term B-1 Lender’s Additional Term B-1 Loans pursuant to Section 2.01(b).

  • On the Amendment No. 1 Effective Date (after giving effect to the funding of the Term B-1 Loans by the Additional Term B-1 Lender representing the full amount of the Additional Term B-1 Commitment and the Term B-2 Loans to be made on such date), the Additional Term B-1 Commitment of the Additional Term B-1 Lender and the Term B-2 Commitments of each Term Lender with a Term B-2 Commitment will automatically and permanently terminate.

  • The Additional Term B-1 Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Additional Term B-1 Loans pursuant to Section 2.01.

  • The Additional Term B-1 Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the earlier of (i) the making of such Term Lender’s Term B-1 Loans pursuant to Section 2.01(a) and (ii) 5:00 p.m. on the Closing Date.

  • The Aggregate Commitments (other than the Additional Term B Commitment, Additional Term B-1 Commitment, Additional Term B-2 Commitment or Additional Term B-3 Commitment) shall be automatically and permanently reduced to zero on the date of the initial Borrowing (other than any Incremental Term Loan Commitments, which shall terminate as provided in the related Additional Credit Extension Amendment).

  • The proceeds of the Additional Term B-1 Loans made pursuant to the Additional Term B-1 Commitment shall be used for the repayment of Term B Loans required to be made pursuant to Section 2.04 and for working capital needs and general corporate purposes (including Permitted Acquisitions) of the Borrowers and their Subsidiaries.

  • JPMorgan Chase Bank, N.A. is executing this agreement in respect of its commitment to provide the Additional Term B-1 Commitment under this Amendment No. 2 (in such capacity, the “Additional Term B-1 Lender”).

  • Each Additional Term B-1 Lender hereby agrees to make an Additional Term B-1 Loan to the Borrower in an amount equal to its Additional Term B-1 Commitment on the Amendment No. 1 Effective Date in accordance with Section 2.01(c) of the Credit Agreement.

  • CITIBANK, N.A., as a Term A-1 Lender By: /s/ Xxxxxx Xxxxxxxxxxx Name: Xxxxxx Xxxxxxxxxxx Title: Vice President The undersigned Additional Term B-1 Lender hereby irrevocably and unconditionally agrees to provide the Additional Term B-1 Commitment Amount ($319,956,408.82) in the form of a Term B-1 Loan on the Refinancing Amendment Effective Date.

  • The proceeds of the Term B-1 Loans made pursuant to the Additional Term B-1 Commitment shall be used for the prepayment of Original Term B Loans, the payment of fees and expenses in connection with Amendment No. 12 and for general corporate purposes.


More Definitions of Additional Term B1 Commitment

Additional Term B1 Commitment means, with respect to an Additional Term B1 Lender, the commitment of such Additional Term B1 Lender to make Additional Term B1 Loans on the Amendment No. 2 Effective Date, in an amount in US Dollars set forth next to the name of such Additional Term B1 Lender on the Amended Commitment Schedule thereto under the caption "Additional Term B1 Commitment". The aggregate amount of the Additional Term B1 Commitments shall be equal to the outstanding principal amount of Original Term B Loans of Original Term B Lenders that do not execute and deliver Amendment No. 2 on or prior to the Amendment No. 2 Effective Date.
Sample 1
Additional Term B1 Commitment means, with respect to an Additional Term B1 Lender, the commitment of such Additional Term B1 Lender to make Additional Term B1 Advances on the Second Amendment Effective Date, in an amount in US Dollars set forth next to the name of such Additional Term B1 Lender on Schedule I thereto under the caption “Additional Term B1 Commitment”. The aggregate amount of the Additional Term B1 Commitments shall equal the outstanding principal amount of Term B Advances of Term B Lenders that do not execute and deliver the Second Amendment on or prior to the Second Amendment Effective Date.
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Additional Term B1 Commitment on Schedule 2.1 (as amended by the First Amendment).
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Additional Term B1 Commitment means, as to each Additional Term B1 Lender, the commitment of such Additional Term B1 Lender to make Additional Term B1 Loans to the Borrower on the Term B1 Facility Effective Date, in an amount in Dollars set forth next to the name of such Additional Term B1 Lender on Schedule 2.01 hereto under the caption “Additional Term B1 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.
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Related to Additional Term B1 Commitment

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (as in effect on the Closing Date) under the caption “Initial Term Commitment,” as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Commitments is $350,000,000.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

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

  • Incremental Term Commitment has the meaning specified in Section 2.14(a).

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 and/or 9.02(c)(i).

  • Total Term Loan Commitment means, at any time, the sum of the Term Loan Commitments of each of the Lenders at such time.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

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

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

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Initial Term Facility means the Initial Term Loan Commitment and the Initial Term Loans made hereunder.

  • 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.

  • 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).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

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

  • Other Term Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment or Loan Modification Agreement.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.