Increased Term Loan Commitment definition

Increased Term Loan Commitment has the meaning specified in Section 2.15(a).
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Examples of Increased Term Loan Commitment in a sentence

  • Any such Increase Request shall be made in increments as agreed to by the parties, but shall not cumulatively exceed $20,000,000 in the aggregate, and shall set forth a mutually agreed date (each, an “Increase Effective Date”) on which such Increased Term Loan Commitment is requested to become effective.

  • Any Lender or other financial institutions which provides commitments for an Increased Term Loan Commitment shall be called an “Increased Term Loan Lender”.

  • Any Lender which does not respond within the Offer Period, pursuant to the preceding sentence, shall be deemed to have declined to participate in the Increased Term Loan Commitment.

  • In the event that at the expiration of the Offer Period Lenders shall have provided commitments in an aggregate amount less than the total amount of the Increased Term Loan Commitment initially requested by the Borrowers, the other Lenders shall for a period not less than five (5) Business Days be offered the right to provide any remaining commitment to the Borrowers.

  • The Loan Parties shall take any actions reasonably required by Agent to ensure and/or demonstrate that the Liens and security interests granted by this Agreement and the other Loan Documents continue to be perfected, to the extent required hereby or thereby, under the UCC or otherwise after giving effect to the establishment of any such Increased Term Loan Commitment.

Related to Increased Term Loan Commitment

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • 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.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Total Incremental Term Loan Commitment means the sum of the Incremental Term Loan Commitments of any Class of Incremental Term Loans of all the Lenders providing such Class of Incremental Term Loans.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).