Incremental Term B-2 Commitment definition

Incremental Term B-2 Commitment means, as to each Incremental Term B-2 Lender, its obligation to make an Incremental Term B-2 Loan on the Amendment No. 1 Effective Date to the Borrower pursuant to Section 2.01(a)(ii) in an aggregate amount not to exceed the amount set forth opposite such Incremental Term B-2 Lender’s name on Schedule 2.01C to Amendment No. 1 under the caption “Incremental Term B-2 Commitment” or in the Assignment and Assumption pursuant to which such Incremental Term B-2 Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of the Incremental Term B-2 Commitments on the Amendment No. 1 Effective Date was $1,000,000,000.
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Incremental Term B-2 Commitment means, as to each Incremental Term B-2 Lender, the obligation of such Incremental Term B-2 Lender to make an Incremental Term B-2 Loan to the Borrower on the Amendment No. 9 Effective Date, in the aggregate principal amount set forth on Schedule I to Amendment No. 9. The aggregate principal amount of the Incremental Term B-1 Commitments on the Amendment No. 9 Effective Date is $1,600,000,000.
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Incremental Term B-2 Commitment means, with respect to a Person, the agreement of such Person to make an Incremental Term B-2 Loan on the Amendment No. 4 Effective Date, in the amount set forth on the Incremental Term B-2 Joinder of such Person. The aggregate amount of the Incremental Term B-2 Commitments shall equal $395,000,000.00.
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Examples of Incremental Term B-2 Commitment in a sentence

  • The Incremental Term B-2 Lender hereby agrees to make the Incremental Term B-2 Loan to the Parent Borrower in an amount equal to its Incremental Term B-2 Commitment on the Amendment No. 4 Effective Date in accordance with Section 2.01(e) of the Credit Agreement.

  • Each Incremental Term B-2 Lender hereby agrees to make an Incremental Term B-2 Loan to the Borrower in an amount equal to its Incremental Term B-2 Commitment on the Amendment No. 2 Effective Date in accordance with Section 2.01(d) of the Credit Agreement.

  • The Administrative Agent shall have received (i) this Amendment, duly executed and delivered by the Borrower, each Lender agreeing to provide an Incremental Term B-2 Commitment, if any, each Additional Lender agreeing to provide an Incremental Term B-2 Commitment, if any, and the Administrative Agent, and (ii) a Guarantor Consent and Reaffirmation, in the form attached hereto as Annex A, duly executed and delivered by each Guarantor.

  • Each Incremental Term B-2 Lender agrees that (i) effective on and at all times after the Second Amendment Effective Date, such Incremental Term B-2 Lender will be bound by all obligations of a Lender under the Credit Agreement and (ii) on the Second Amendment Effective Date, such Incremental Term B-2 Lender will fund an Incremental Term B-2 Loan in Dollars to the Administrative Agent for the account of the Borrower in an amount equal to such Incremental Term B-2 Lender’s Incremental Term B-2 Commitment.

  • The Incremental Term B-2 Commitment of each Incremental Term B-2 Lender shall be automatically terminated on the Amendment No. 4 Effective Date upon the borrowing of the Incremental Term B-2 Loans on such date.

  • Subject to the terms and conditions set forth in Amendment No. 10, each of the 2016 Incremental Term B-2 Lenders severally, and not jointly with the other 2016 Incremental Term B-2 Lenders, agrees to make to the Borrower on the Amendment No. 10 Effective Date a 2016 Incremental Term B-2 Loan denominated in Dollars in a principal amount equal to such 2016 Incremental Term B-2 Lender’s 2016 Incremental Term B-2 Commitment.


More Definitions of Incremental Term B-2 Commitment

Incremental Term B-2 Commitment means, with respect to an Incremental Term B-2 Lender, the commitment of such Incremental Term B-2 Lender to make an Incremental Term B-2 Loan hereunder on the Effective Date, in the amount set forth opposite such Lxxxxx’s name on Schedule I to Amendment No. 4 and made a part hereof.
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Incremental Term B-2 Commitment has the meaning specified in Amendment No. 3.
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Related to Incremental Term B-2 Commitment

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

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

  • 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.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(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.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the commitment of Barclays Bank PLC of $1,072,500,000. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $1,072,500,000.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

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

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • 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.

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

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

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A 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 A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).