Examples of Initial Term B Loan Commitments in a sentence
The full amount of the Initial Term B Loan Commitments must be drawn in a single drawing on the Effective Date.
For the avoidance of doubt, the Initial Term A Loan Commitments and the Initial Term B Loan Commitments terminated on the Closing Date upon the funding of Initial Term A Loans and Initial Term B Loans, respectively, on the Closing Date.
On the Effective Date (after giving effect to the funding of the Initial Term B Loans on such date), the Initial Term B Loan Commitments of each Term Lender with an Initial Term B Loan Commitment as of the Effective Date will automatically and permanently terminate.
On the 2021 Amendment Effective Date, (i) after giving effect to the Incurrence of the Initial Term A Loans on such date, the Initial Term A Loan Commitments of the applicable Lenders shall terminate and (ii) after giving effect to the Incurrence of the Initial Term B Loans on such date, the Initial Term B Loan Commitments of the applicable Lenders shall terminate.
The full amount of the Initial Term B Loan Commitments may be drawn in three separate drawings during the Initial Term B Availability Period.
On the Effective Date (after giving effect to the funding of the Initial Term B Loans to be made on such date), the Initial Term B Loan Commitments of each Term Lender with an Initial Term B Loan Commitment as of the Effective Date will automatically and permanently terminate.
On the Closing Date (after giving effect to the funding of the Initial Term B Loans to be made on such date), the Initial Term B Loan Commitments of each Lender as of the Closing Date terminated.
On the Closing Date (after giving effect to the funding of the Initial Term B Loans to be made on such date), the Initial Term B Loan Commitments of each Lender as of the Closing Date will terminate.
The Initial Term B Loan Commitments shall terminate on the Closing Date upon the making of the Initial Term B Loans pursuant to Section 2.5(a).
Unless previously terminated in accordance with the terms of this Agreement, the Revolving Credit Commitments shall terminate on the applicable Revolving Facility Maturity Date, the Initial Term B Loan Commitments shall terminate upon the funding of the Initial Term B Loans and any other Term Loan Commitments shall terminate as provided in the applicable Incremental Amendment or Refinancing Amendment.