Examples of Original Commitment Parties in a sentence
The Additional Commitment Party acknowledges and agrees that, pursuant to the terms of the Commitment Letter, the Original Commitment Parties are respectively exclusively authorized by Pinnacle to act in the capacities set forth in Section 1(a) of the Commitment Letter in connection with the Facilities.
The Original Commitment Parties and the Initial Additional Commitment Parties are sometimes referred to herein collectively as the “Major Commitment Parties” and individually as a “Major Commitment Party”.
The Lead Arrangers that are Original Commitment Parties (collectively, the “Original Lead Arrangers”) in consultation with you intend to commence syndication of the Facilities promptly after your acceptance of the terms of this Commitment Letter and the Fee Letter.
In addition, at the request of the Original Commitment Parties, you shall identify Public Information Materials by clearly and conspicuously marking the same as “PUBLIC”.
It is understood that no Lender participating in the Facilities will receive compensation from you in order to obtain its commitment, except on the terms contained herein and in the Summaries of Terms, the Fee Letter or as otherwise agreed between you and the Original Commitment Parties.
The respective commitments of the Original Commitment Parties under the Commitment Letter with respect to the Target Bridge Facility, the New Target Term B Loans, the New Target Credit Facilities, the New Pinnacle Term Loans, the New Pinnacle Credit Facilities and the Acquisition Holdings Bridge Facility shall be reduced ratably by an amount equal to the Additional Commitment Party Percentages.
The Additional Commitment Parties acknowledge and agree that, pursuant to the terms of the Commitment Letter, the Original Commitment Parties are respectively exclusively authorized by Pinnacle to act in the capacities set forth in Section 1(a) of the Commitment Letter in connection with the Facilities.
As contemplated by the Commitment Letter, the Original Commitment Parties and the Company hereby agree, as applicable, to (i) the joinder of (a) each of Barclays Bank PLC (“Barclays”), JPMorgan Chase Bank, N.A. (“JPMorgan”), Morgan Stanley Senior Funding, Inc.
Each Additional Commitment Party acknowledges and agrees that, pursuant to the terms of the Commitment Letter, the Original Commitment Parties are respectively authorized by Pinnacle to act in the capacities set forth in Section 1(a) of the Commitment Letter in connection with the Facilities.
All fees (in each case, to the extent payable) will be payable in Sterling in immediately available funds to the Administrative Agents, Original Commitment Parties or Initial Lenders, as applicable, for their respective accounts or as directed by the Administrative Agents, Original Commitment Parties or Initial Lenders, as applicable.