New Term Commitments definition

New Term Commitments has the meaning specified in Section 2.14(a).
New Term Commitments has the meaning assigned thereto in Section 2.19(a).
New Term Commitments as defined in Section 2.25(a).

Examples of New Term Commitments in a sentence

  • On any Increased Amount Date on which any New Term Commitments are effected, subject to the satisfaction of the foregoing terms and conditions, (i) each New Term Lender shall make a Loan to the Borrower (a “New Term Loan”) in an amount equal to its New Term Commitment, and (ii) each New Term Lender shall become a Lender hereunder with respect to the New Term Commitment and the New Term Loans made pursuant thereto.

  • On any Increased Amount Date on which any New Term Commitments of any Class are effected, subject to the satisfaction of the foregoing terms and conditions, (i) each New Term Lender of such Class shall make a Loan to the Borrower (a “New Term Loan”) in an amount equal to its New Term Commitment of such Class, and (ii) each New Term Lender of such Class shall become a Lender hereunder with respect to the New Term Commitment of such Class and the New Term Loans of such Class made pursuant thereto.

  • The original aggregate amount of the New Term Commitments is $200,000,000.

  • In connection with the obtaining of any New Term Commitments pursuant to this Section 2.19(a), the Borrower shall, or shall cause the other applicable Loan Parties to, make such amendments to the Collateral Documents and take such other customary actions, if any, as the Agent may reasonably request in order to preserve and protect the Liens on the Collateral securing the Obligations.

  • Each such notice shall specify the date (each, an “Increased Amount Date”) on which the Borrower proposes that the New Term Commitments shall be effective, which shall be a date not less than five Business Days after the date on which such notice is delivered to the Agent (or such shorter period as may be agreed by the Agent); provided that any Lender offered or approached to provide all or a portion of the New Term Commitments may elect or decline, in its sole discretion, to provide a New Term Commitment.


More Definitions of New Term Commitments

New Term Commitments shall have the meaning assigned to such term in Section 2.20.
New Term Commitments is defined in Section 2.1(d).
New Term Commitments has the meaning assigned thereto in Section 2.19(a). “New Term Loan” has the meaning assigned thereto in Section 2.19(c). “New Term Loan Lender” has the meaning assigned thereto in Section 2.19(c). “Non-Consenting Lender” has the meaning assigned to such term in Sec- tion 9.02(e). “Non-Funding Lender” has the meaning provided in Section 2.02(e). “Non-Paying Guarantor” has the meaning assigned to such term in Section 10.10. “Non-U.S. Lender” means a Lender that is not a “United States person” within the meaning of Section 7701(a)(30) of the Code. “NYFRB” means the Federal Reserve Bank of New York. “NYFRB Rate” means, for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect on such day (or for any day that is not a Business Day, for the immediately preceding Business Day); provided that if none of such rates is published for any day that is a Busi- ness Day, the term “NYFRB Rate” means the rate for a federal funds transaction quoted at 11:00 a.m. on such day received by the Agent from a Federal funds broker of recog- nized standing selected by it; provided, further, that if any of the aforesaid rates shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement. “Obligated Party” has the meaning assigned to such term in Section 10.02. “Obligations” means the Domestic Obligations and the Foreign Obliga- tions. “Officer” means the Chairman of the Board, the Chief Executive Officer, the President, the Chief Financial Officer, the Treasurer, any Executive Vice President, Senior Vice President or Vice President or the Secretary of the U.S. Borrower. “Officers’ Certificate” means a certificate signed on behalf of the U.S. Borrower by an Officer of the U.S. Borrower. “Other Information” has the meaning assigned to such term in Section 3.13(b).
New Term Commitments has the meaning assigned thereto in Section 2.19(a).“New Term Loan” has the meaning assigned thereto in Section 2.19(c).“New Term Loan Lender” means each Lender providing a New Term Commitment.“Non-Consenting Lender” has the meaning assigned to such term in Section 9.02(e).“Non-Funding Lender” has the meaning assigned to such term in Section 2.02(d).-33-
New Term Commitments has the meaning assigned thereto in Section 2.19(a) and shall include the Canadian Term C Commitments.
New Term Commitments has the meaning assigned thereto in Section 2.19(a). “New Term Loan” has the meaning assigned thereto in Section 2.19(c).
New Term Commitments has the meaning assigned thereto in Section 2.19(a). “New Term Loan” has the meaning assigned thereto in Section 2.19(c). “New Term Loan Lender” has the meaning assigned thereto in Section 2.19(c). “Non-Consenting Lender” has the meaning assigned to such term in Section 9.02(e). “Non-Funding Lender” has the meaning provided in Section 2.02(e). “Non-Paying Guarantor” has the meaning assigned to such term in Section 10.10. “Non-U.S. Lender” means a Lender that is not a “United States person” within the meaning of Section 7701(a)(30) of the Code. “NYFRB” means the Federal Reserve Bank of New York. “NYFRB Rate” means, for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect on such day (or for any day that is not a Business Day, for the immediately preceding Business Day); provided that if none of such rates is published for any day that is a Business Day, the term “NYFRB Rate” means the rate for a federal funds transaction quoted at 11:00 a.m. on such day received by the Agent from a Federal funds broker of