Aggregate TL Commitments definition

Aggregate TL Commitments means, as of any date of determination, the Term Loan Commitments of all of the Lenders, after reductions for Aggregate TL Borrowings made on or prior to such date and as otherwise adjusted from time to time in accordance with the terms hereof.
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Aggregate TL Commitments means, as of any date of determination, the Term Loan Commitments of all of the Lenders, after reductions for Term Loan Borrowings made on or prior to such date and as otherwise adjusted from time to time in accordance with the terms hereof. The initial amount of the Aggregate TL Commitments in effect on the Closing Date (prior to any Borrowings of Term Loans hereunder) is SEVEN HUNDRED MILLION DOLLARS ($700,000,000.00).
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Aggregate TL Commitments means, as of any date of determination, the Term Loan Commitments of all of the Lenders, after reductions for Term Loan Borrowings made on or prior to such date and as otherwise adjusted from time to time in accordance with the terms hereof. The initial amount of the Aggregate TL Commitments in effect on the Closing Date (prior to any Borrowings of Term Loans hereunder) is THREE HUNDRED MILLION DOLLARS ($300,000,000.00).
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Examples of Aggregate TL Commitments in a sentence

  • If for any reason (A) the Total Term Loan Outstandings plus the aggregate amount of Aggregate TL Principal Payments as of any date of determination exceed (B) the Aggregate TL Commitments plus the Aggregate TL Borrowings as of such date, the Borrower shall immediately prepay the Term Loans in an aggregate amount equal to such excess.

  • All Unused Fees accrued until the effective date of any termination of the Aggregate Revolving Commitments or Aggregate TL Commitments shall be paid on the effective date of such termination.

  • Any reduction of the Aggregate Revolving Commitments shall be applied to the Revolving Commitment of each Lender according to its Applicable Percentage and any reduction of the Aggregate TL Commitments shall be applied to the Term Loan Commitment of each Lender according to its Applicable Percentage.

  • The Administrative Agent will promptly notify the Lenders of any such notice of termination, reduction or increase of the Aggregate Revolving Commitments or Aggregate TL Commitments (as applicable).

  • Upon the effectiveness of any increase in the Aggregate Revolving Commitments or the Aggregate TL Commitments pursuant to this section, all of the terms and conditions of the Loan Documents shall apply to the such increased amounts as if such amounts were in effect as of the date hereof.

  • Each Lender that may be a party hereto from time to time hereby acknowledges that the Aggregate Revolving Commitments or the Aggregate TL Commitments may be increased pursuant to this Section 2.06(b) regardless of whether such Lender approves such increase or increases its Revolving Commitment or Aggregate TL Commitments hereunder.

  • The Borrower shall, for each day during the term of this Agreement on which there exist any Aggregate TL Commitments, pay to the Administrative Agent for the account of each Lender holding a Term Loan Commitment (in accordance with such Lender’s Applicable Percentage thereof), an unused fee (the “TL Unused Fee”) equal to the Unused Rate times the actual daily amount of the Aggregate TL Commitments as of such date.

  • The Borrower shall, for each day during the term of this Agreement on which there exist any Aggregate TL Commitments, pay to the Administrative Agent for the account of each Lender holding a Term Loan Commitment (in accordance with such Lender's Applicable Percentage thereof), an unused fee (the "TL Unused Fee") equal to the applicable Unused Rate times the actual daily amount of the Aggregate TL Commitments as of such date.

  • Each Lender that may be a party hereto from time to time hereby acknowledges that the Aggregate Revolving Commitments or the Aggregate TL Commitments may be increased pursuant to this Section 2.05(b) regardless of whether such Lender approves such increase or increases its Revolving Commitment or Aggregate TL Commitments hereunder.

  • The Borrower shall, for each day during the term of this Agreement on which there exist any Aggregate TL Commitments, pay to the Administrative Agent for the account of each Lender holding a Term Loan Commitment (in accordance with such Lender’s Applicable Percentage thereof), an unused fee (the “TL Unused Fee”) equal to the applicable Unused Rate times the actual daily amount of the Aggregate TL Commitments as of such date.

Related to Aggregate TL Commitments

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The amount of the Aggregate Revolving Commitments in effect on the Closing Date is SIX HUNDRED MILLION DOLLARS ($600,000,000).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Aggregate Revolving Commitment means the aggregate of the Revolving Commitments of all of the Revolving Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $1,000,000,000.

  • Total Commitments means the aggregate of the Commitments of all the Lenders.

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Aggregate Revolving Committed Amount means the aggregate amount of Commitments in effect from time to time, being initially One Hundred Fifty Million Dollars ($150,000,000) (as such amount may be increased as provided in Section 2.5 or reduced as provided in Section 2.9 from time to time).

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

  • Aggregate Commitment means the aggregate of the Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Commitment is $500,000,000.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Revolving Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Revolving Commitment, if any, is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Revolving Commitments as of the Closing Date is $500,000,000.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure at such time.