Dollar Term Loan Commitment definition

Dollar Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Dollar Term Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Dollar Term Loan Commitment or Dollar Term Loans, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.

Dollar Term Loan Commitment means with respect to each Bank, the obligation of such Bank to make a Term Loan in Dollars to the Borrower on the Closing Date in the principal amount set forth on Schedule 1.1A next to the name of such Bank as such Bank’s “Dollar Term Loan Commitment”. The initial aggregate amount of the Banks’ Dollar Term Loan Commitments is $295,000,000.

Dollar Term Loan Commitment means (a) as to any Dollar Term Lender, the aggregate commitment of such Dollar Term Lender to make Dollar Term Loans as set forth on Schedule 2.01 or in the most recent Assignment and Assumption or other documentation contemplated hereby executed by such Dollar Term Lender and (b) as to all Dollar Term Lenders, the aggregate commitment of all Dollar Term Lenders to make Dollar Term Loans, which aggregate commitment shall be $175,000,000 on the date of this Agreement. After advancing the Dollar Term Loans, each reference to a Dollar Term Lender’s Dollar Term Loan Commitment shall refer to that Dollar Term Lender’s Applicable Percentage of the Dollar Term Loans.

Examples of Dollar Term Loan Commitment in a sentence

• The Borrower may make only one borrowing under the Initial Dollar Term Loan Commitment and only one borrowing under the Initial Pounds Sterling Term Loan Commitment, which, in each case, shall be on the Closing Date.

• Without limiting the foregoing, each Additional Dollar Term Lender shall have a Dollar Term Loan Commitment under the Credit Agreement in an amount set forth opposite its name under the heading “Dollar Term Lenders” on Schedule 2.01 hereto.

• The Tranche B Dollar Term Loans may from time to time be (x) Eurocurrency Loans in Dollars, (y) ABR Loans in Dollars or (z) a combination thereof, as determined by the Parent Borrower and notified to the Administrative Agent in accordance with subsections 2.7 and 4.2. The portion of each Tranche B Dollar Term Loan Lender’s Tranche B Dollar Term Loan Commitment which is not utilized on the Closing Date shall be automatically and permanently cancelled.

• Subject to the terms and conditions hereof, each Lender severally agrees to make, on the Closing Date, (i) a Tranche A Dollar Term Loan to the U.S. Borrower in Dollars in an amount equal to its Tranche A Dollar Term Loan Commitment and (ii) a Tranche A Euro Term Loan to the European Borrower in Euros and in an amount equal to its Tranche A Euro Term Loan Commitment.

• Promptly upon receipt by Administrative Agent and Syndication Agent of such Funding Notice, Administrative Agent or Syndication Agent shall notify each Additional Tranche B Term Lender with a Tranche B Dollar Term Loan Commitment or a Tranche B Euro Term Loan Commitment of the proposed borrowing.

• Any portion of the Canadian Dollar Term Loan Commitment not borrowed on such date shall be terminated.

• Section 1.1 of the Credit Agreement is hereby amended by amending the definition of “ Commitments ” contained therein by inserting “, Tranche B-1 Dollar Term Loan Commitment, Tranche B-1 Euro Term Loan Commitment” immediately after the reference to “Initial Term Loan Commitment” contained therein.

• Each Term Loan Lender that has a U.S. Dollar Term Loan Commitment (referred to as a “U.S. Dollar Term Loan Lender”) agrees to make a loan to the Company on the Closing Date in an aggregate amount not to exceed its U.S. Dollar Term Loan Commitment Amount set forth opposite its name on Schedule III.

• Section 1.1 of the Credit Agreement is hereby amended by amending the definition of “ Term Loan Commitment ” contained therein by inserting “, Tranche B-1 Dollar Term Loan Commitment, Tranche B-1 Euro Term Loan Commitment” immediately after the reference to “Initial Term Loan Commitment” contained therein.

• On the effective date of this Amendment Workflow ------------- shall pay to the Agent for the pro rata account of the "Approving Lenders" (as --- ---- defined herein) an amendment fee (the "Amendment Fee") in the amount of 10 basis ------------- points multiplied by the sum of (a) such Approving Lenders' Revolving Commitment plus (b) such Approving Lenders' Dollar Term Loan Commitment (before giving ---- effect to any reduction in Total Revolving Commitment referred to herein).

More Definitions of Dollar Term Loan Commitment

Dollar Term Loan Commitment set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

Dollar Term Loan Commitment means, as to each Lender, (a) its obligation to make a Dollar Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Annex A under the caption “Dollar Term Loan Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, (b) its 2022 Incremental Term Loan Commitments and/or (c) unless the context shall otherwise require, any Incremental Term Loan Commitments made pursuant to Section 2.20 of this Agreement after the 2022 Incremental Amendment Effective Date that are denominated in Dollars, in each case, as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Dollar Term Loan Commitments is $3,380,000,000, and the initial aggregate amount of the Dollar Term Loan Commitments in respect of the 2022 Incremental Term Loan Commitments is $300,000,000.”