Additional Term Loan Commitment definition

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

Additional Term Loan Commitment means, with respect to each Additional Term Lender, such Additional Term Lender’s Additional Term Loan Percentage of the Additional Term Loans.

Additional Term Loan Commitment means, with respect to each applicable Lender, the commitment of such Lender to make an Additional Term A Loan or Additional Term B Loan to the Borrower on the First Amendment Effective Date and/or Fourth Amendment Effective Date, as applicable, pursuant to Section 2.4(a) in the amount set forth on Schedule I of the First Amendment and Fourth Amendment, as applicable.

Examples of Additional Term Loan Commitment in a sentence

• The Second Additional Term Loan Commitment of each Lender shall expire upon the funding by Lenders of the Second Additional Term Loan on the Fourth Amendment Effective Date.

• During the funding period, if your organization changes its bank account or experiences staff turnover, you need to contact the Office of Financial Management (OFM) to update the information.

• Subject to the terms and conditions hereof, (i) each Lender existing on the Closing Date made a Term Loan to the Company on the Closing Date, and (ii) each Additional Term Loan Lender has, pursuant to the Term Loan Joinder Agreement, severally agreed to make, on the Second Amendment Effective Date, an Additional Term Loan to the Company in an amount equal to such Lender’s Additional Term Loan Commitment as set forth in the Term Loan Joinder Agreement.

• The amount of each Additional Term Loan owing to each Additional Term Loan Lender as of the Second Amendment Effective Date (before giving effect to any subsequent repayments) shall be an amount equal to 100% of such Additional Term Loan Lender’s Additional Term Loan Commitment, irrespective that the amount funded on the Second Amendment Effective Date is 99% of such Additional Term Loan Commitment.

• Each Lender’s Additional Term Loan Commitment shall terminate immediately and without further action on the Second Amendment Effective Date after giving effect to the funding of such Lender’s Additional Term Loan Commitment pursuant to the Term Loan Joinder Agreement on such date.

More Definitions of Additional Term Loan Commitment

Additional Term Loan Commitment means, for each Additional Lender, the obligation of such Additional Lender to make Additional Term Loans not exceeding the amount set forth in any Commitment and Acceptance that has become effective pursuant to Section 2.18 of this Agreement.

Additional Term Loan Commitment has the meaning assigned to that term in Section 2.23.

Additional Term Loan Commitment means an Additional Term-A Loan Commitment or an Additional Term-B Loan Commitment.

Additional Term Loan Commitment means as to each Additional Term Loan Lender, its obligation to make Additional Term Loans to the Borrower, on the First Amendment Effective Date, in the amount opposite such Lenxxx’x name on Schedule 2.1(a) in an aggregate amount not to exceed $40,000,000. For the avoidance of doubt, as of the Fifth Amendment Effective Date, the Additional Term Loan Commitment equals $0.

Additional Term Loan Commitment means, with respect to each Additional Term Lender, the commitment of such Additional Term Lender to make Additional Term Loans on the Additional Term Loan Closing Date as set forth on Schedule I hereto. The aggregate amount of Additional Term Loan Commitments shall be $375,000,000.

Additional Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make an Additional Term Loan to the Borrower on the First Amendment Effective Date pursuant to Section 2.4(a) in the amount set forth on Schedule I of the First Amendment.

Additional Term Loan Commitment any term loan commitment added hereunder pursuant to Sections 2.25 or 2.28.