Incremental Term Loan B Commitment definition

Incremental Term Loan B Commitment has the meaning set forth in Section 2.20(c)(i).
Incremental Term Loan B Commitment means with respect to each Incremental Term Loan B Lender, the commitment, if any, of such Incremental Term Loan B Lender to make an Incremental Term Loan B Loan hereunder on the Incremental Term Loan B Effective Date, expressed as an amount representing the maximum principal amount of the Incremental Term Loan B Loans to be made by such Incremental Term Loan B Lender hereunder, as the same may be reduced or increased from time to time pursuant to the provisions of this Agreement. The initial amount of each Incremental Term Loan B Lender’s Initial Incremental Term Loan B Commitment shall be set forth on Schedule A to Incremental Facility Amendment No. 1 or in the Assignment and Acceptance pursuant to which such Incremental Term Loan B Lender shall have assumed its Incremental Term Loan B Commitment. The aggregate amount of the Incremental Term Loan B Lenders’ Incremental Term Loan B Commitments as of the Incremental Term Loan B Effective Date is $325,000,000 (subject to reduction in accordance with clause (3) of Section 2.01(a)(i)(B)). For the avoidance of doubt, the Incremental Term Loan B Commitments shall constitute ‘Incremental Term Loan Commitments’ under this Agreement and the other Loan Documents.”
Incremental Term Loan B Commitment means, as to any Lender with an Incremental Term Loan B Commitment, the commitment of such Lender to make its portion of the Incremental Term Loan B to be advanced on the First Amendment Effective Date as set forth on its signature page to the First Amendment, and (b) as to all Lenders with an Incremental Term Loan B Commitment, the aggregate commitment of all Lenders to make the portion of the Incremental Term Loan B to be advanced on the First Amendment Effective Date, which aggregate commitment shall be Fifty Million Dollars ($50,000,000); provided, however, that after the First Amendment Effective Date, each reference to a Lender's Incremental Term Loan B Commitment shall refer to that Lender's portion of the outstanding Incremental Term Loan B.

Examples of Incremental Term Loan B Commitment in a sentence

  • Each Lender’s 2015 Incremental Term Loan B Commitment shall expire immediately and without further action on the First Incremental Amendment Effective Date, after giving effect to the Term Loans B made thereon.

  • Subject to the terms and conditions hereof, each First Lien Lender with an Incremental Term Loan B Commitment agrees to make a term loan (collectively, the “Incremental Term Loan B”) on the First Amendment Effective Date to the US Borrowers in the amount of the applicable First Lien Lender’s Incremental Term Loan B Commitment.

  • Subject to the terms and conditions hereof, each First Lien Lender with an Incremental Term Loan B Commitment agrees to make a term loan (collectively, the “Incremental Term Loan B”) on the First Amendment Effective Date to the US Borrowers in the amount of the applicable First Lien Lender's Incremental Term Loan B Commitment.

  • Unless previously terminated, the Incremental Term Loan B Commitment shall terminate at 5:00 p.m., New York City time, on the Second Amendment Effective Date.

  • Subject to the terms and conditions hereof, each First Lien Lender with a Second Incremental Term Loan B Commitment agrees to make a term loan (collectively, the “Second Incremental Term Loan B”) on the Third Amendment Effective Date to the US Borrowers in the amount of the applicable First Lien Lender’s Second Incremental Term Loan B Commitment.

  • Each Incremental Term Loan B Lender severally agrees to make a loan (an ‘Incremental Term Loan B Loan’) in Dollars to Borrower on the Incremental Term Loan B Effective Date in an amount equal to 100% of the portion of such Incremental Term Loan B Lender’s Incremental Term Loan B Commitment as requested by Borrower to be made on such date and in accordance with the limitations described in this clause (i)(B).

  • Unless previously terminated, the Incremental Term Loan B Commitment shall terminate at 5:00 p.m., New York City time, on the Third Amendment Effective Date.

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

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

  • 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.

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

  • 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.

  • 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 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).

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

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

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

  • 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.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • 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.

  • 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.

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

  • 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.

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

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

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

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

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

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

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