Incremental Term B-1 Commitment definition
Incremental Term B-1 Commitment means, as to each Incremental Term B-1 Lender, the obligation of such Incremental Term B-1 Lender to make an Incremental Term B-1 Loan to the Borrower and HPUI on the Amendment No. 1 Effective Date, in the aggregate principal amount set forth on Schedule I to Amendment No.
Incremental Term B-1 Commitment means, with respect to each Term Lender, the commitment of such Term Lender to make an Incremental Term B-1 Loan hereunder on the Amendment No. 3 Effective Date. The amount of each Incremental Term B-1 Lender’s Incremental Term B-1 Commitment is set forth on Schedule 2.01(e) under the caption “Incremental Term B-1 Commitments.” As of the Amendment No. 3 Effective Date, the aggregate Incremental Term B-1 Commitment of all Term Lenders is $100,000,000.
Incremental Term B-1 Commitment means the commitment of an Incremental Term B-1 Lender to make Incremental Term B-1 Loans to the Borrowers on the Incremental Term B-1 Funding Date, in the aggregate principal amount set forth next to such Incremental Term B-1 Lender’s name on Schedule A to the Incremental Assumption Agreement No. 1. On the Incremental Term B-1 Funding Date, the aggregate amount of Incremental Term B-1 Commitments is $700,000,000.00.
Examples of Incremental Term B-1 Commitment in a sentence
The Incremental Term B-1 Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Incremental Term B-1 Loans pursuant to Section 2.01.
The amount of each Incremental Term B-1 Lender’s Incremental Term B-1 Commitment is set forth on Schedule 2.01(e) under the caption “Incremental Term B-1 Commitments.” As of the Amendment No. 3 Effective Date, the aggregate Incremental Term B-1 Commitment of all Term Lenders is $100,000,000.
Each Incremental Term B-1 Lender hereby agrees to make an Incremental Term B-1 Loan to the Borrower in an amount equal to its Incremental Term B-1 Commitment on the Amendment No. 2 Effective Date in accordance with Section 2.01(c) of the Credit Agreement.
More Definitions of Incremental Term B-1 Commitment
Incremental Term B-1 Commitment means, as to each Incremental Term B-1 Lender, the obligation of such Incremental Term B-1 Lender to make an Incremental Term B-1 Loan to the Borrower and HPUI on the Amendment No. 1 Effective Date, in the aggregate principal amount set forth on Schedule I to Amendment No. 1. The aggregate principal amount of the Incremental Term B-1 Commitments on the Amendment No. 1 Effective Date is $375,000,000.
Incremental Term B-1 Commitment means in the case of each Lender that is a Lender on the Amendment No. 1 Effective Date, the amount set forth opposite such Lender’s name on Schedule 1.1 to Amendment No. 1 as such Lender’s “Incremental Term B-1 Commitment”. The aggregate amount of the Incremental Term B-1 Commitments as of the Amendment No. 1 Effective Date is $50,000,000.
Incremental Term B-1 Commitment shall have the meaning assigned thereto in the Fifth Amendment. The aggregate amount of the Incremental Term B-1 Commitments as of the Fifth Amendment Effective Date is $75,000,000.
Incremental Term B-1 Commitment means, with respect to each Incremental Term B-1 Lender, the commitment of such Incremental Term B-1 Lender to make Incremental Term B-1 Loans on the Amendment No. 2 Effective Date. The aggregate principal amount of the Incremental Term B-1 Commitments of all Incremental Term B-1 Lenders as of the Amendment No. 2 Effective Date is $50,000,000.
Incremental Term B-1 Commitment the commitment of a Consenting Lender to fund Term B-1 Loans on the Seventh Amendment Effective Date (in addition to any Loans otherwise converted to Term B-1 Loans pursuant hereto), as indicated on its Consent Letter; provided, however, Borrower shall have the right, exercisable in its sole discretion at any time prior to the effectiveness of this Seventh Amendment, to reduce (or cancel entirely) the amount of any Consenting Lender's Incremental Term B-1 Commitment set forth on such Consenting Lender’s Consent Letter. Any such reduction or cancellation will be reflected on Annex D to the Amended Credit Agreement as prepared by the Administrative Agent. For purposes of determining whether a Consenting Lender is eligible to convert up to $10 million of Revolving Credit 2 Commitment then in effect to Term B-1 Loans, such Consenting Lender's Incremental Term B-1 Commitment will be measured as of the Seventh Amendment Effective Date (and give effect to any cancellation thereof) notwithstanding such Consenting Lender’s indication on its Consent Letter.