First Lien Term Commitment definition

First Lien Term Commitment as to any Lender, the obligation of such Lender, if any, to make a First Lien Term Loan to the Borrower in a principal amount not to exceed the amount set forth under the heading “First Lien Term Commitment” opposite such Lender’s name on Annex A-1, or, as the case may be, in the Assignment and Assumption pursuant to which such Lender became a party hereto. The aggregate amount of the First Lien Term Commitments is $395,000,000.
Sample 1
First Lien Term Commitment means, as to each First Lien Term Lender, its obligation to make a First Lien Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01(a) under the caption “First Lien Term Commitment” or in the Assignment and Assumption pursuant to which such First Lien Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.
Sample 1
First Lien Term Commitment as to any Lender, the obligation of such Lender, if any, to make or continue First Lien Term Loans to the Borrower in a principal amount not to exceed the amount set forth under the heading "First Lien Term Commitment" opposite such Lender's name on Schedule 1.1B. The aggregate amount of the First Lien Term Commitments on the Restatement Effective Date is $240,000,000.
Sample 1

Examples of First Lien Term Commitment in a sentence

  • Subject to the terms and conditions set forth herein, each First Lien Term Lender agrees to make a loan to the Borrower denominated in Dollars (a “First Lien Term Loan”) on the Closing Date in an aggregate amount not to exceed the amount of its First Lien Term Commitment.

  • The Borrower has notified the Administrative Agent of its request for an Incremental First Lien Term Commitment in an aggregate principal amount equal to $481,225,000 on the terms set forth in this Amendment.

  • The Administrative Agent and the Borrower have determined that the Incremental First Lien Term Commitments Effective Date with respect to such Incremental First Lien Term Commitment shall be the Fourth Amendment Effective Date (as defined below).

  • The Administrative Agent and the Borrower have determined that the Incremental First Lien Term Commitments Effective Date with respect to such Incremental First Lien Term Commitment shall be the Third Amendment Effective Date (as defined below).

  • The Borrower has notified the Administrative Agent of its request for an Incremental First Lien Term Commitment in an aggregate principal amount equal to $577,615,812.50 on the terms set forth in this Amendment.

  • The Borrower has notified the Administrative Agent of its request for an Incremental First Lien Term Commitment in an aggregate principal amount equal to $996,839,654.38 on the terms set forth in this Amendment.

  • The Administrative Agent and the Borrower have determined that the Incremental First Lien Term Commitments Effective Date with respect to such Incremental First Lien Term Commitment shall be the Second Amendment Effective Date (as defined below).

  • Assignor[s](5) Assignee[s](6) Facility Assigned(7) Aggregate Amount of Term Commitment/ Term Loans for all Lenders(8)* Amount of Term Commitment/ Term Loans Assigned* Percentage Assigned of Term Commitment/ Term Loans(9) CUSIP Number Term Facility $ $ % Incremental First Lien Term Commitment $ $ % [7.

  • The Borrower has notified the Administrative Agent of its request for an Incremental First Lien Term Commitment in an aggregate principal amount equal to $511,000,000.00 on the terms set forth in this Amendment.

  • The Lender party hereto (the “2018 Incremental Term Lender”) hereby agrees to commit to provide its Incremental First Lien Term Commitment set forth on Schedule A hereto, on the terms and conditions set forth herein.


More Definitions of First Lien Term Commitment

First Lien Term Commitment means the Canadian Term Commitment and the Dollar Term Commitment.
Sample 1
First Lien Term Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a First Lien Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the First Lien Term Loan to be made by such Lender hereunder, as the same may be reduced from time to time pursuant to the provisions of this Agreement. The initial amount of each Lender's First Lien Term Commitment is set forth on SCHEDULE 2.01 or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its First Lien Term Commitment, as applicable. The initial aggregate amount of the Lenders' First Lien Term Commitments is $300.0 million.
Sample 1

Related to First Lien Term Commitment

  • Initial Term Loan Commitment means the commitment of an Initial Term Lender under the Original Credit Agreement to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all Initial Term Lenders in the aggregate. The aggregate amount of the Term Loan Commitments was $2,000,000,000 on the Closing Date before the funding of any Term Loans.

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.

  • Refinancing Term Commitments means one or more Classes of Term Commitments hereunder that are established to fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Term A Loan Commitment means, for each Lender, the commitment of such Lender to make its portion of the Term A Loan, in the principal amount with respect to each such Lender equal to the amount set forth opposite the name of such Lender under "Term A Loan Commitment" on Schedule 1.01(A).

  • 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 under the caption “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.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $62,680,000, as such amount may be reduced or increased from time to time pursuant to this Agreement.

  • Term B Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term B Loan on the Closing Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term B Loan Commitments of the Lenders aggregate $50,000,000 on the Closing Date.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.