Initial B Term Commitment definition

Initial B Term Commitment means, with respect to each Initial B Term Lender, the amount set forth opposite such Lender’s name on Annex I hereto directly below the column entitled “Initial B Term Commitment”, as the same may be (x) reduced or terminated pursuant to Sections 2.02, 2.03, 3.02(A) and/or 8 or (y) adjusted from time to time as a result of assignments to or from such Lender pursuant to Sections 1.13 and/or 11.04(b).
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Initial B Term Commitment means, with respect to each Lender, the amount set forth opposite such Lender's name on Annex I hereto directly below the column entitled "Initial B Term Commitment", as the same may be (x) reduced or terminated pursuant to Sections 2.02, 3.03 and/or 8 or (y) adjusted from time to time as a result of assignments to or from such Lender pursuant to Sections 1.13 and/or 11.04(b) plus the amount, if any, of an Initial B Term Commitment of such Lender committed to pursuant to an Initial B Term Commitment Renewal.
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Initial B Term Commitment means, as to each Initial B Term Lender, its obligation to make an Initial B Term Loan to the Borrower pursuant to Section 2.01(a)(i) in the amount notified to such Initial B Term Lender by the Administrative Agent, or, as the case may be, in the Assignment and Assumption pursuant to which such Initial B Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. Immediately upon consummation of the 2018 Refinancing, the initial aggregate amount of the Initial B Term Commitments shall be $1,239,380,000.
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Examples of Initial B Term Commitment in a sentence

  • Once repaid, Initial B Term Loans may not be reborrowed, provided that Initial B Term Loans may be subsequently incurred to the extent of the Initial B Term Commitments created pursuant to the Initial B Term Commitment Renewal.".

  • The Initial A Term Commitment of each Initial A Term Lender and the Initial B Term Commitment of each Initial B Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Initial A Term Loans or Initial B Term Loans, as the case may be, pursuant to Section 2.01(a).

  • Each Initial A Term Lender’s Initial A Term Commitment and each Initial B Term Lender’s Initial B Term Commitment shall terminate immediately and without further action on the Fourth A&R Refinancing Effective Date.