Initial Term Loan Commitments definition

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.
Initial Term Loan Commitments means the aggregate amount of such commitments of all Lenders. Insolvency Proceeding: any case or proceeding commenced by or against a Person under any state, federal or foreign law for, or any agreement of such Person to, (a) the entry of an order for relief under the Bankruptcy Code, or any other insolvency, debtor relief or debt adjustment law; (b) the appointment of a receiver, trustee, liquidator, administrator, conservator or other custodian for such Person or any part of its Property; or (c) an assignment or trust mortgage for the benefit of creditors.
Initial Term Loan Commitments means, collectively, the Term A-3 Loan Commitments and the Initial Term B Loan Commitments.

Examples of Initial Term Loan Commitments in a sentence

  • The Initial Term Loan Commitments shall automatically and irrevocably terminate on the Closing Date after the funding of the Initial Term Loans.

  • The Initial Term Loan Commitments shall automatically and irrevocably terminate in full upon the funding of the Initial Term Loans in the full amount of the Initial Term Loan Commitment on the Closing Date.

  • The Initial Term Loan Commitments shall automatically and permanently terminate on the Initial Funding Date upon the funding of the Term Loans under the Term Facility.


More Definitions of Initial Term Loan Commitments

Initial Term Loan Commitments means with respect to each Lender, the commitment of such Lender to make Initial Term Loans as set forth on Schedule 2.01(1). On the Closing Date, the aggregate amount of Initial Term Loan Commitments is $300 million.
Initial Term Loan Commitments means such commitments of all Lenders in the aggregate.
Initial Term Loan Commitments has the meaning set forth in Section 2.1(a).
Initial Term Loan Commitments means, with respect to any Initial Term Lender, its obligation to make Initial 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 on Part A of Schedule 2.01 under the heading “Initial Term Loan Commitments” or in the Assignment and Acceptance pursuant to which such Initial Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate principal amount of the Initial Term Loan Commitments on the Effective Date is $1,000,000,000.
Initial Term Loan Commitments means, as to each Initial Term Loan Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) on the Closing Date in an aggregate principal amount not to exceed the product of (i) the percentage set forth opposite such Initial Term Loan Lender’s name on Schedule 2.01 under the caption “Initial Term Loan Commitment Percentage” and (ii) the Initial Term Loan Commitment Amount.
Initial Term Loan Commitments means, as to each Term Lender, its obligation to make Term Loans to the Borrowers pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Initial Term Loan 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. The aggregate amount of Initial Term Loan Commitments on the Initial Closing Date is $245,000,000.
Initial Term Loan Commitments means, with respect to each Lender, its commitment to make the Initial Term Loan pursuant to Section 2.2(a) of the Agreement, and, with respect to all Lenders, their Initial Term Loan 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 in the Assignment and Acceptance pursuant to which such Lender became a Lender under the Agreement, as such amounts may be reduced or increased from time to time pursuant to assignments made in accordance with the provisions of Section 13.1 of the Agreement.