Closing Date Term Commitment means, as to each Term Lender, its agreement to continue its Existing Term Loans under the Existing Credit Agreement as Term Loans under this Agreement, in each case, on the Closing Date in an aggregate principal amount at any one time outstanding not to exceed the Dollar amount set forth opposite such Term Lender’s name on Schedule 2.01 under the caption “Closing Date Term Commitment.”
Closing Date Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Term Loan to the Borrower hereunder (to be deposited in the Escrow Account pending consummation of the Acquisition on the Acquisition Effective Date) in a principal amount not to exceed the amount set forth on Schedule 1.1 to this Agreement or in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof.
Closing Date Term Commitment means, with respect to each Lender, the commitment of such Lender to make the Closing Date Term Loans hereunder in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on the Commitment Schedule, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of the Lenders’ Closing Date Term Commitments on the Closing Date (immediately prior to the incurrence of Closing Date Term Loans on such date) is $160,000,000.
Examples of Closing Date Term Commitment in a sentence
The Term Borrowing on the Closing Date shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Closing Date Term Commitment.
Each Term Lender’s Closing Date Term Commitment shall terminate immediately and without further action on the Closing Date after giving effect to the funding of such Lender’s Closing Date Term Commitment on such date.
Subject to the terms and conditions hereof, each Lender with a Closing Date Term Commitment agrees to make a Term Loan (the “Term Loans”) to the Borrower in Dollars on the Closing Date in an amount not to exceed the amount of its Closing Date Term Commitment.
Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make to the Borrowers on the Closing Date loans denominated in Dollars in an aggregate principal amount not to exceed the amount of such Term Lender’s Closing Date Term Commitment.
Subject to the terms and conditions set forth in Section 4.01 hereof, each Term Lender severally agrees to make to the Borrower on the Closing Date one or more Closing Date Term Loans denominated in Dollars in an aggregate principal amount not to exceed such Term Lender’s Closing Date Term Commitment on the Closing Date.
More Definitions of Closing Date Term Commitment
Closing Date Term Commitment means, with respect to each Lender, the amount, if any, set forth opposite such Lender’s name in Schedule 1 hereto as its “Closing Date Term Commitment” or in the case of any Lender that becomes a party hereto pursuant to an Assignment Agreement, the amount set forth in such Assignment Agreement, as such commitment may be reduced from time to time as a result of assignments to or from such Lender pursuant to Section 11.06.
Closing Date Term Commitment means, as to each Term Lender, its obligation to make a Closing Date Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Closing Date Term Commitment” or in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Closing Date Term Commitments is $5,100,000,000.
Closing Date Term Commitment means, as to each Closing Date Term Lender, its obligation to make Closing Date Term Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Closing Date Term Lender’s name on Schedule 2.01 under the caption “Closing Date Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Closing Date Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate Commitment of all Closing Date Term Lenders shall be $255,000,000 on the Closing Date.
Closing Date Term Commitment means, as to each Term Lender, its obligation to make a portion of the Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term Lender’s name on Schedule 1.01(b) under the caption “Closing Date Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The Closing Date Term Commitment of all Term Lenders on the Closing Date shall be $205,000,000.
Closing Date Term Commitment means, as applicable and as the context may require, on the Closing Date (a) the aggregate amount of the Term Lenders’ Closing Date Domestic Term Commitments and/or (b) the aggregate amount of the Term Lenders’ Closing Date Global Term Commitments.
Closing Date Term Commitment means, as to each Term Lender, its obligation to make Term Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term Lender’s name on Schedule 2.01 of the Disclosure Schedules under the caption “Closing Date Term Commitment”.
Closing Date Term Commitment as to each Lender, the obligation of such Lender, if any, to make Term Loans to the Borrower hereunder in a principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1.1(a) or in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof, including, without limitation, Section 4.2(d). The original aggregate amount of Closing Date Term Commitments is $425,000,000.