Additional Tranche B-2 Term Loan Commitment means, with respect to an Additional Tranche B-2 Term Loan Lender, the commitment of such Additional Tranche B-2 Term Loan Lender to make Additional Tranche B-2 Term Loans on the Amendment No. 3 Effective Date, in an amount set forth on the Amendment No. 3 Allocation Schedule. The aggregate amount of the Additional Tranche B-2 Term Loan Commitments shall equal the outstanding principal amount of Existing Tranche B-1 Term Loans of Non-Consenting Existing Tranche B-1 Term Loan Lenders and Existing Tranche B-1 Term Loans of Post-Closing Option Tranche B-2 Lenders.

Additional Tranche B-2 Term Loan Commitment means the obligation of the Additional Tranche B-2 Term Loan Lender to make a Tranche B-2 Term Loan on the Amendment No. 3 Effective Date in an aggregate principal amount equal to the excess of $834,116,671.17 over the aggregate principal amount of Converted Tranche B-1 Term Loans.

Additional Tranche B-2 Term Loan Commitment as to any Lender, its obligation to make Additional Tranche B-2 Term Loans to the Borrower pursuant to Subsection 2.1(c) in an aggregate amount not to exceed at any one time outstanding the amount set forth opposite such Lender’s name in Schedule A-1 under the heading “Additional Tranche B-2 Term Loan Commitment” or, in the case of any Lender that is an Assignee, the amount of the assigning Lender’s Additional Tranche B-2 Term Loan Commitment assigned to such Assignee pursuant to Subsection 11.6(b) (in each case as such amount may be adjusted from time to time as provided herein); collectively, as to all Lenders, the “Additional Tranche B-2 Term Loan Commitments”. The original aggregate amount of the Additional Tranche B-2 Term Loan Commitments on the Fourth Amendment Effective Date is $365 million.

Examples of Additional Tranche B-2 Term Loan Commitment in a sentence

Amounts repaid xxxx Amendment No. 2, (i) the Converted Term Loans of each Lender outstanding immediately prior to the Amendment No. 2 Effective Date shall be converted into a like principal amount of a Tranche B-2 Term Loans in Dollars of such Lender on the Amendment No. 2 Effective Date and (ii) the Additional Tranche B-2 Term Lender shall make a loan in Dollars to the Borrower on the Amendment No. 2 Effective Date in an amount equal to the Additional Tranche B-2 Term Loan Commitment.
Upon the Amendment No. 3 Effective Date, the undersigned Additional Tranche B-2 Term Loan Lender shall become a Lender under the Credit Agreement and shall have the respective Additional Tranche B-2 Term Loan Commitment set forth next to its name on the Amendment No. 3 Allocation Schedule.

More Definitions of Additional Tranche B-2 Term Loan Commitment

Additional Tranche B-2 Term Loan Commitment means, with respect to the Additional Tranche B-2 Term Loan Lender, its commitment to make a Tranche B-2 Term Loan hereunder on the First Amendment Effective Date.

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.
Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.
Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.
Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.
New Term Loan Commitments shall have the meaning provided in Section 2.14(a).
Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.