First Amendment Term Loan Commitment definition

First Amendment Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make the First Amendment Term Loan to the Borrowers in the amount set forth in Schedule 1.01(A) hereto (as amended by Amendment No. 1), as the same may be terminated or reduced from time to time in accordance with the terms of this Agreement.”

First Amendment Term Loan Commitment as to any Lender, the obligation of such Lender, if any, to make First Amendment Term Loans to Borrower on the First Amendment Effective Date.

First Amendment Term Loan Commitment means, for each Lender, the commitment of such Lender to make a portion of the First Amendment Term Loan hereunder. The First Amendment Term Loan Commitment of each Lender as of the First Amendment Effective Date is set forth on Appendix A. The aggregate principal amount of the First Amendment Term Loan Commitments of all of the Lenders as in effect on the First Amendment Effective Date is FIVE HUNDRED MILLION DOLLARS ($500,000,000).

Examples of First Amendment Term Loan Commitment in a sentence

• Subject to the terms and conditions hereof, each Lender with a First Amendment Term Loan Commitment severally agrees to make the First Amendment Term Loan on the First Amendment Effective Date in an amount equal to such Xxxxxx’s First Amendment Term Loan Commitment, such that after giving effect to the First Amendment Term Loans, the aggregate outstanding principal balance of the Term Loans (inclusive of the Term Loans funded on the Closing Date) shall be $120,000,000.00.

• Subject to the terms and conditions set forth herein, each Lender severally agrees to make advances under a term loan (the “First Amendment Term Loan”) to the Borrower in Dollars in an aggregate amount up to but not exceeding such Lender’s First Amendment Term Loan Commitment Percentage, which First Amendment Term Loan will be disbursed to the Borrower in Dollars in a single advance on the First Amendment Effective Date.

• The initial First Amendment Term Loan Commitment Percentage of each Lender as of the First Amendment Effective Date is set forth on Appendix A.

• Subject to the terms and conditions hereof, each Lender severally agrees to make, (i) on the Closing Date, a Term Loanterm loans to Borrower in an amount equal to such Lender’s Closing Date Term Loan Commitment (the “Closing Date Term Loan”) and (ii) on the First Amendment Closing Date, term loans to Borrower in an amount equal to such Lender’s First Amendment Term Loan Commitment (the “First Amendment Term Loan”).

• One First Amendment Term Loan Note shall be payable to the order of each First Amendment Term Loan Lender which so requests the issuance of a First Amendment Term Loan Note in the principal amount equal to such First Amendment Term Loan Lender’s First Amendment Term Loan Commitment.

• Subject to the terms and conditions set forth herein, from the First Amendment Effective Date through and including February 28, 2016, each First Amendment Term Lender severally agrees to make a loan (collectively, the “First Amendment Term Loan”) to the Borrower, which First Amendment Term Loan shall be made in a single drawing by the Borrower, in the amount of such Lender’s First Amendment Term Loan Commitment.

• Lender Initial Term Loan Commitment Initial Term Loan Commitment Percentage First Amendment Term Loan Commitment First Amendment Term Loan Commitment Percentage Outstanding Term Loan1 Pro Rata Share Granite Creek FlexCap III, L.P. $11,500,000 100% $5,000,000 100% $16,500,000 100% 1 As of the First Amendment Effective Date immediately after giving effect to the funding of the First Amendment Term Loan.

• The First Amendment Term Loan Commitment of each First Amendment Term Loan Lender on the First Amendment Effective Date shall be automatically and permanently reduced to $0 upon the making of such Lender’s First Amendment Term Loans to the Borrower pursuant to Section 2.01(1).

• As to each Lender, the Revolving Credit Commitment, Term Loan Commitment and/or First Amendment Term Loan Commitment of such Lender (or any of them, as the context requires).

More Definitions of First Amendment Term Loan Commitment

First Amendment Term Loan Commitment means the commitment of a Lender to make or otherwise fund a First Amendment Term Loan, and “First Amendment Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s First Amendment Term Loan Commitment is set forth on Appendix C or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the First Amendment Term Loan Commitments as of the First Amendment Closing Date is $23,000,000.

First Amendment Term Loan Commitment means, for each Lender, the commitment of such Lender to make a portion of the First Amendment Term Loan hereunder. The First Amendment Term Loan Commitment of each Lender as of the First Amendment Effective Date is set forth on Appendix

First Amendment Term Loan Commitment means, with respect to each Lender, such Lender’s First Amendment Term Loan A Commitment and/or First Amendment Term Loan B Commitment, as applicable.