B Term Commitment definition

B Term Commitment means, with respect to each Lender, the amount, if any, set forth opposite such Lender's name on Schedule 1.01 hereto directly below the column entitled "B Term Commitment" as the same may be reduced or terminated pursuant to Section 3.03.

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B Term Commitment means, with respect to each Bank, the amount set forth opposite such Bank's name in Annex I hereto directly below the column entitled "B Term Commitment," as the same may be reduced from time to time pursuant to Section 3.02, 3.03 and/or 9 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 12.04.

B Term Commitment means, with respect to each Lender, (A) the amount, if any, set forth opposite such Lender's name on Annex I hereto directly below the column entitled "B Term Commitment" as the same may be (x) reduced or terminated from time to time pursuant to Section 2.02, 2.03 and/or 8 and/or (y) adjusted from time to time as a result of assignments to or from such Lender pursuant to Section 1.13 and/or 11.04 plus (B) the amount, if any, of a B Term Commitment of such Lender committed to pursuant to a B Term Commitment Renewal.

Examples of B Term Commitment in a sentence

Subject to the terms and conditions hereof, each Tranche B Term Lender severally agrees to make a term loan (a “Tranche B Term Loan”) to the Borrower on the Closing Date in an amount not to exceed the amount of the Tranche B Term Commitment of such Lender.
Subject to the terms and conditions of this Agreement, each Tranche B Term Lender hereby agrees, severally and not jointly, to make a Tranche B Term Loan to the Borrower on the Closing Date in a principal amount equal to such Lender’s Tranche B Term Commitment.
Once repaid, Initial B Term Loans may not be reborrowed, provided that Initial B Term Loans may be subsequently incurred to the extent of the Initial B Term Commitments created pursuant to the Initial B Term Commitment Renewal.".
Once repaid, B Term Loans may not be reborrowed, provided that B Term Loans may be subsequently incurred to the extent of the B Term Commitments created pursuant to the B Term Commitment Renewal.
For purposes hereof, any Lender that has a Tranche B Term Commitment or Tranche B Term Loan is referred to as a “Tranche B Term Lender” and this Joinder Agreement shall be deemed to be a “Loan Document” under the Credit Agreement.

More Definitions of B Term Commitment

B Term Commitment of any Lender shall mean the Initial B Term Commitment and/or the Incremental B Term Commitment of such Lender.

B Term Commitment means, with respect to each Bank, the amount set forth opposite such Bank's name in Annex I hereto directly below

B Term Commitment means, with respect to each Bank, the amount, if any, set forth opposite such Bank's name on Annex I hereto directly below the column entitled "B Term Commitment" as the same may be terminated pursuant to Section 3.03.

B Term Commitment means, with respect to each Lender having a B Term Commitment, the commitment of such Lender to make B Term Loans hereunder, expressed as an amount representing the maximum aggregate amount of such Lender's B Term Loans hereunder. The initial amount of each applicable Lender's B Term Commitment is set forth on Schedule 2.1, as such B Term Commitment may be increased from time to time pursuant to Section 2.6(g). The aggregate amount of the B Term Commitments is the sum of $75,000,000 plus the aggregate amount of each increase, if any, in the B Term Commitments made from time to time pursuant to Section 2.6(g).

B Term Commitment means, with respect to each Lender having a B Term Commitment, the commitment of such Lender to make a B Term Loan hereunder, expressed as an amount representing the maximum aggregate amount of such Lender's B Term Loan hereunder. The amount of each applicable Lender's B Term Commitment is set forth on Schedule 2.1. The aggregate amount of the B Term Commitments is $75,000,000.

B Term Commitment means, with respect to each Lender having a B Term Commitment, the commitment of such Lender to make a B Term Loan in an amount not exceeding the amount of such Lender’s B Term Commitment as set forth on Schedule 2.1 to the Prior Credit Agreement or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its B Term Commitment, as applicable, as such commitment may be reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 10.4.

B Term Commitment means, with respect to each Lender having a B Term ----------------- Commitment, the commitment of such Lender to make a B Term Loan in an amount not exceeding the amount of such Lender's B Term Commitment as set forth on Schedule 2.1 or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its B Term Commitment, as applicable, as such commitment may be reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 10.4. The amount of each Lender's B Term Commitment on the Agreement Date is set forth on Schedule 2.1. The aggregate amount of the B Term Commitments on the Agreement Date is $900,000,000. In the event that B Term Loans are not made on the Effective Date, the B Term Commitments shall be automatically terminated.