Fourth Incremental Commitment definition

Fourth Incremental Commitment means, for any Term Lender, the commitment amount set forth opposite such Term Lender’s name in Schedule 1.01(A) under the caption “Fourth Incremental Term Commitment” (as amended pursuant to the terms of Amendment No. 8). The aggregate amount of the Term Lenders’ Fourth Incremental Commitments on the Amendment No. 8 Increase Effective Date (immediately prior to the incurrence of the Fourth Incremental Term Loans on such date) is $65,205,580.95.

Examples of Fourth Incremental Commitment in a sentence

• The Fourth Incremental Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Fourth Incremental Term Loans to be made by it on the Amendment No. 8 Increase Effective Date.

• Subject to the terms and conditions set forth in Amendment No. 8, each Fourth Incremental Term Lender severally agrees to make to the Borrower on the Amendment No. 8 Increase Effective Date, loans (collectively, the “Fourth Incremental Term Loans”) denominated in Dollars in an aggregate amount equal to the amount of such Fourth Incremental Term Lender’s Fourth Incremental Commitment.

• Exhibit Number Description 10.1* Fourth Incremental Commitment Amendment, dated as of December 6, 2017, among WMG Acquisition Corp., the other loan parties thereto, the lenders party thereto and Credit Suisse AG, as administrative agent, relating to the term loan facility.