Additional Term Commitment definition

Additional Term Commitment means, as to any Term Lender, its obligation to make an Advance consisting of Additional Term Loans.

Additional Term Commitment means any term commitment established pursuant to Section 2.21, 2.22 or 9.02(c)(i).

Additional Term Commitment means, each Additional Term Lender’s and/or existing Lender’s obligation to make Additional Term Loans to the Borrower pursuant to Section 2.14 and any applicable Credit Agreement Supplement in an aggregate principal amount at any one time outstanding not to exceed the amount set forth in the applicable Credit Agreement Supplement, as such amount may be adjusted from time to time in accordance with this Agreement.

Examples of Additional Term Commitment in a sentence

• Notwithstanding the foregoing, if the applicable Additional Term Commitment in respect of any Incremental Term Loan Borrowing Date is not drawn on such Incremental Term Loan Borrowing Date, the undrawn amount shall automatically be cancelled.

• On any Commitment Date on which any Additional Term Commitments are effected, subject to the satisfaction of the foregoing terms and conditions, (i) each applicable Term Lender shall make an Additional Term Loan to the Borrower (an “Additional Term Loan”) in an amount equal to its Additional Term Commitment as of such date, and (ii) each Term Lender shall become a Lender hereunder with respect to the Additional Term Commitment and the Additional Term Loans made pursuant thereto.

• Upon receipt of any Increase Notice, the Agent shall consult with Arrangers and within ten (10) days shall notify the Borrower of the amount of facility fees to be paid to any Lenders who provide an additional Revolving Credit Commitment or an Additional Term Commitment in connection with such increase (which shall be in addition to the fees to be paid to Agent or Arrangers pursuant to the Agreement Regarding Fees).

• If (and only if) any Term Lender has agreed so to extend their Term Loan Maturity Date (each, an “Extending Term Lender”), the Term Loan Maturity Date in respect of the Term Facility of each Extending Term Lender and of each Additional Term Commitment Lender shall be extended subject to the terms of any such notice of extension and each Additional Commitment Term Lender shall thereupon become a “Term Lender” for all purposes of this Agreement.

• Any Additional Term Commitment may, if determined necessary by the Agent and the Lenders providing such Additional Term Commitments, in their reasonable discretion, be effected pursuant to one or more amendments (the “Additional Term Loan Amendment”) executed and delivered by the Borrower, the applicable Term Lenders providing such Additional Term Commitments, and the Agent.

More Definitions of Additional Term Commitment

Additional Term Commitment means as defined in Section 2.19.

Additional Term Commitment as defined in Section 3.1.

Additional Term Commitment any Incremental Term Loan Commitments and/or any commitments established by an Additional Term Commitment Lender as a separate series or tranche from the Initial Term Commitment.

Additional Term Commitment means, with respect to each Additional Term Loan Lender, its Additional Term Commitment, and, with respect to all Additional Term Loan Lenders, their Additional Term Commitments, in each case as such Dollar amounts are set forth beside such Additional Term Loan Lender’s name under the applicable heading on Schedule C-1 to the Third Amendment.

Additional Term Commitment means, with respect to each Increasing Lender, the commitment of such Increasing Lender to make an Additional Term Loan pursuant to Amendment No. 1 and Section 2.14 of this Agreement, in the amount set forth opposite such Increasing Lender's name on Schedule 2.01 to Amendment No. 1."

Additional Term Commitment means as defined in Section 2.19. “Additional Term Loan” means a term loan made by a Lender to the Borrower pursuant to a New Term Loan Amendment entered into in connection with an increase of the Total Facility Amount under Section 2.19. “Additional Term Note” means a promissory note in the form attached to the applicable New Term Loan Amendment, as such promissory note may be amended, supplemented or otherwise modified from time to time. “Adjusted Daily Simple SOFR” means with respect to a Daily Simple SOFR Loan, the greater of (1) the sum of (a) Daily Simple SOFR and (b) the SOFR Index Adjustment and (2) the Floor. “Adjusted EBITDA” means, for any period, the sum of (a) EBITDA of the Consolidated Parties for the immediately preceding four-Fiscal Quarter period most recently ended plus (b) non-recurring 1

Additional Term Commitment means with respect to each Lender, the collective reference to its Additional Tranche A Term Commitment and Additional Tranche B Term Commitment.