Euro Term B-2 Commitment definition

Euro Term B-2 Commitment means, with respect to a Lender, the agreement of such Lender to exchange the entire principal amount of its Euro Term B-1 Loans (or such lesser amount allocated to it by the Administrative Agent) for an equal principal amount of Euro Term B-2 Loans on the Amendment No. 4 Effective Date.
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Examples of Euro Term B-2 Commitment in a sentence

  • Each Additional Euro Term B-2 Lender hereby agrees to make an Additional Euro Term B-2 Loan to the Borrower in an amount equal to its Additional Euro Term B-2 Commitment on the Amendment No. 4 Effective Date in accordance with Section 2.01(e) of the Loan Agreement.

  • The Additional Euro Term B-2 Commitment provided pursuant to this Agreement shall be subject to all of the terms in the Loan Agreement and to the conditions set forth in the Loan Agreement, and shall be entitled to all the benefits afforded by the Loan Agreement and the other Loan Documents, and shall, without limiting the foregoing, benefit equally and ratably from the Guaranty and security interests created by the Collateral Documents.

  • Each Additional Euro Term B-2 Lender, the Borrower and the Administrative Agent acknowledge and agree that the Additional Euro Term B-2 Commitment provided pursuant to this Agreement shall constitute Additional Euro Term B-2 Commitments for all purposes of the Loan Agreement and the other applicable Loan Documents.