Incremental Term B Commitment definition

Incremental Term B Commitment shall have the meaning provided in Section 2.14(a). “Incremental Term B Lender” shall have the meaning provided in Section 2.14(c). “Incremental Term B Loan” shall have the meaning provided in Section 2.14(c).
Sample 1Sample 2
Incremental Term B Commitment shall have the meaning provided in Section 2.14(a).
Sample 1
Incremental Term B Commitment any commitment in respect of an Incremental Term B Facility.
Sample 1

Examples of Incremental Term B Commitment in a sentence

  • Subject to the terms and conditions set forth herein and in Amendment Xx. 0, xxxx 0000 Xxxxxxxxxxx Xxxx X Lender severally agrees to make a single loan to the Borrower on the Amendment No. 1 Effective Date in an amount not to exceed such 2016 Incremental Term B Lender’s 2016 Incremental Term B Commitment.

  • Each Incremental Term Lender severally agrees, on the terms and conditions set forth in Section 2.05, to make one or more Incremental Term B Advances to the US Borrower on the relevant date selected by the US Borrower in respect of such Incremental Term B Advances pursuant to Section 2.05, in an amount not to exceed such Lender's Incremental Term B Commitment at such time, subject to the terms and conditions described in Section 2.05 and in the Incremental Term Loan Assumption Agreement.

  • From and after the Effective Date, each reference in the Credit Agreement to any 2017 Incremental Term B Facility Lender’s 2017 Incremental Term B Commitment shall mean its 2017 Incremental Term B Commitment as acquired pursuant to this Joinder, and as set forth opposite its name on Schedule 1 to this Joinder under the heading “2017 Incremental Term B Commitment”.

  • On the 2021 Incremental Effective Date, each of the 2021 Incremental Term B Lenders agrees to make 2021 Incremental Term B Advances to the Borrowers in a principal amount equal to its 2021 Incremental Term B Commitment.

  • Each 2023-1 Incremental Term B Lender hereby agrees to (x) provide its respective 2023-1 Incremental Term B Commitment as set forth on Schedule A annexed hereto (such commitment, the “2023-1 Incremental Term B Commitment”) and (y) make Incremental Term B Loans (such Incremental Term B Loans, the “2023-1 Incremental Term B Loans”), on the terms and subject to the conditions set forth in this Amendment No. 1 and the Amended Credit Agreement.

  • If the Subsequent Third Incremental Term B Advance is not made, the Third Incremental Term B Commitment of each Third Incremental Term B Lender shall be permanently reduced by its ratable share of $5,000,000.

  • On the 2021 Incremental Effective Date, each ofthe 2021 Incremental Term B Lenders agrees to make 2021 Incremental Term B Advances to the Borrowers in a principal amount equal to its 2021 Incremental Term B Commitment.


More Definitions of Incremental Term B Commitment

Incremental Term B Commitment has the meeting specified in Section 2.14(a).
Sample 1
Incremental Term B Commitment means the several obligations of the Incremental Term Loan Lenders to advance the aggregate amount of each Term Loan Commitment Increase, if any, allocable to the Term B Commitment in accordance with their respective Incremental Term Loan Ratios, all pursuant to the terms hereof; provided, however, that the sum of all Incremental Term B Commitments issued hereunder shall not, at any time, exceed $29,487,516.
Sample 1
Incremental Term B Commitment means, at any time, the commitment of any Incremental Term Lender, established pursuant to Section 2.05, to make Incremental Term B Advances to the US Borrower or if such Incremental Term B Lender has entered into one or more Assignment and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(d) as such Lender's "Incremental Term B Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.06.
Sample 1
Incremental Term B 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 B Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term B Loans of such Series to be made by such Lender.
Sample 1
Incremental Term B Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an IncrementalFacility Agreement and Section 2.21, to make Incremental Term B Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term B Loans of such Series to be made by such Lender.
Sample 1
Incremental Term B Commitment shall have the meaning provided in Section 2.14(a). “Incremental Term B Lender” shall have the meaning provided in Section 2.14(c). “Incremental Term B Loan” shall have the meaning provided in Section 2.14(c). “Incremental Term B Maturity Date” shall mean, with respect to any tranche of Incremental Term B Loans made pursuant to Section 2.14, the final maturity date thereof. “Incremental Term B Repayment Amount” shall have the meaning provided in Section 2.14(c)2.5(c). “Incremental Term C Commitments” shall have the meaning provided in Section 2.14(a). “Incremental Term C Facility” shall mean each tranche of Incremental Term C Loans made pursuant to Section 2.14. “Incremental Term C Lender” shall have the meaning provided in Section 2.14(c). “Incremental Term C Loan” shall have the meaning provided in Section 2.14(c). “Incremental Term C Maturity Date” shall mean, with respect to any tranche of Incremental Term C Loans made pursuant to Section 2.14, the final maturity date thereof. “Incurrence-Based Amounts” shall have the meaning provided in Section 1.15. “Indebtedness” of any Person shall mean (a) all indebtedness of such Person for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments, (c) the deferred purchase price of assets or services that in accordance with GAAP would be included as a liability on the balance sheet of such Person, (d) the available balance of all letters of credit issued for the account of such Person and, without duplication, all drafts drawn thereunder, (e) all Indebtedness of any other Person secured by any Lien on any property owned by such Person, whether or not such Indebtedness has been assumed by such Person, (f) the principal component of all Capitalized Lease Obligations of such Person, (g) the Swap Termination Value of Hedging Obligations of such Person, (h) without duplication, all Guarantee Obligations of such Person, (i) Disqualified Stock of such Person and
Sample 1

Related to Incremental Term B Commitment

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

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

  • 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.

  • 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.

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

  • Tranche B Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TCCI pursuant to Section 2.1(b) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche B Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

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