Examples of Euro Term Loan Commitment in a sentence
The gross proceeds required to be funded by each 2014 Euro Term Loan Lender with respect to its 2014 Euro Term Loan Commitment, shall be equal to 99.75% of the principal amount of such 2014 Euro Term Loan.
Without limiting the foregoing, each Euro Term Lender shall have a Euro Term Loan Commitment under the Credit Agreement as amended by this Amendment in an amount set forth opposite its name under the heading “Euro Term Lenders” on Schedule 2.01 to the Credit Agreement.
On the Closing Date (after giving effect to the funding of the Initial Euro Term Loans to be made on such date), the Initial Euro Term Loan Commitments of each Term Lender with an Initial Euro Term Loan Commitment as of the Closing Date will automatically and permanently terminate.
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.
Each Lender’s Tranche B Dollar Term Loan Commitment and/or Tranche B Euro Term Loan Commitment, as applicable, in respect to Tranche B Term Loans funded on the First Restatement Effective Date was terminated on the First Restatement Effective Date upon the funding of such Tranche B Term Loans.