Replacement Term Loan Commitment means the commitments of the Lenders to make Replacement Term Loans.
Replacement Term Loan Commitment means, as to each Lender (including an Additional Refinancing Lender), its commitment to make Replacement Term Loans pursuant to Section 10.01.
Replacement Term Loan Commitment means, as to each Lender with respect to a Replacement Term Loan Facility, the commitment of such Lender to make a Replacement Term Loan under such Replacement Term Loan Facility pursuant to a Replacement Term Loan Facility Amendment; provided, that, at any time after the funding of a Replacement Term Loan Facility, any determination of “Required Lenders” shall include the outstanding amount of all Replacement Term Loans under such Replacement Term Loan Facility.
Examples of Replacement Term Loan Commitment in a sentence
Subject to the terms and conditions set forth in the 2016 Replacement Term Loan Amendment, on the 2016 Replacement Term Loan Amendment Effective Date, each 2016 New Term Lender agreed to provide or continue its Existing Term Loans pursuant to a cashless roll, as applicable, its Term Loans (such provided or continued Term Loans, collectively, the “2016 New Term Loans”) in a principal amount equal to its 2016 Replacement Term Loan Commitment.
Subject to the terms and conditions set forth in the 2017-2 Replacement Term Loan Amendment, on the 2017-2 Replacement Term Loan Amendment Effective Date, each 2017-2 New Term Lender agrees to and shall provide or continue its Existing Term Loans pursuant to a cashless roll, as applicable, its Term Loans (such provided or continued Term Loans, collectively, the “2017-2 New Term Loans”) in a principal amount not to exceed its 2017-2 Replacement Term Loan Commitment.
Subject to the terms and conditions set forth in the 2017 Replacement Term Loan Amendment, on the 2017 Replacement Term Loan Amendment Effective Date, each 2017 New Term Lender agreed to provide or continue its Existing Term Loans pursuant to a cashless roll, as applicable, its Term Loans (such provided or continued Term Loans, collectively, the “2017 New Term Loans”) in a principal amount equal to its 2017 Replacement Term Loan Commitment.
Subject to the terms and conditions set forth in the 2018 Replacement Term Loan Amendment, on the 2018 Replacement Term Loan Amendment Effective Date, each 2018 New Term Lender agreed to provide or continue its Existing Term Loans pursuant to a cashless roll, as applicable, its Term Loans (such provided or continued Term Loans, collectively, the “2018 New Term Loans”) in a principal amount equal to its 2018 Replacement Term Loan Commitment.
Subject to the terms and conditions set forth herein, the Euro Replacement Term Lender agrees to make a Euro Replacement Term Loan to the Euro Borrower on the Fifth Amendment Effective Date in a principal amount not to exceed its Euro Replacement Term Loan Commitment.
More Definitions of Replacement Term Loan Commitment
Replacement Term Loan Commitment means the commitments of the Lenders to make Replacement Term Loans. “Replacement Term Loans” shall have the meaning provided in Section 13.1.
Replacement Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make (or be deemed to make pursuant to an exchange of Existing Term Loans for Replacement Term Loans) a Replacement Term Loan hereunder on the Amendment No. 1 Effective Date in the amount set forth in Schedule 1 to the Amendment No. 1, as the same may be (a) increased or extended from time to time pursuant to Section 2.17 or Section 2.18 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.05. The aggregate principal amount of the Lenders’ Replacement Term Loan Commitments on the Amendment No. 1 Effective Date is $150,000,000.
Replacement Term Loan Commitment shall have the meaning provided in the First Amendment.
Replacement Term Loan Commitment means the commitments of the Lenders to make Replacement Term Loans. “Replacement Term Loans” shall have the meaning provided in Section 13.1. “Reportable Event” shall mean any “reportable event”, as defined in Section 4043(c) of ERISA or the regulations issued thereunder, with respect to a Pension Plan (other than a Pension Plan maintained by an ERISA Affiliate that is considered an ERISA Affiliate only pursuant to subsection (m) or (o) of Section 414 of the Code), other than those events as to which notice is waived pursuant to DOL Reg. § 4043. “Repricing Transaction” shall mean (i) the incurrence by the Borrower of any Indebtedness in the form of a similar term loan that is marketed to banks and other institutional investors (a) having an Effective Yield for the respective Type of such Indebtedness that is less than the Effective Yield for the Initial Term Loans of the respective equivalent Type, but excluding Indebtedness incurred in connection with a Change of Control or Transformative Acquisition and (b) the proceeds of which are used to prepay (or, in the case of a conversion, deemed to prepay or replace), in whole or in part, outstanding principal of for the Initial Term Loans reduction in connection with by the Administrative Agent Initial Term Loans or (ii) any effective reduction in the Effective Yield (e.g., by way of amendment, waiver or otherwise), except for a a Change of Control or Transformative Acquisition. Any determination with respect to whether a Repricing Transaction shall have occurred shall be conclusive and binding on all Lenders holding the Initial Term Loans. “Required Facility Lenders” shall mean, at any date, the Required Initial Term Loan Lenders or the Required Revolving Credit Lenders, as applicable. “Required Initial Term Loan Lenders” shall mean, at any date, Non-Defaulting Lenders having or holding (a) a majority of the sum of (i) the Adjusted Total Initial Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Initial Term Loans (excluding Term Loans held by Defaulting Lenders) at such date. “Required Lenders” shall mean, at any date, (a) Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Revolving Credit Commitment at such date, (ii) the Adjusted Total Term Loan Commitment at such date and (iii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date or (ii) if the Total termin...
Replacement Term Loan Commitment as to any Lender, the obligation of such Lender, if any, to make a Replacement Term Loan to the Borrower hereunder in a principal amount not to exceed the amount agreed to by the Borrower, the Administrative Agent and such Lender. The original aggregate amount of the Replacement Term Loan Commitments is $179,550,000.
Replacement Term Loan Commitment. The commitments of the Replacement Term Lenders and the continuation undertakings of the Continuing Term Lenders are several and no such Lender will be responsible for any other such Lender’s failure to provide, or continue its Existing Term Loans as, as applicable, its 2016 New Term Loan. The 2016 New Term Loans may from time to time be ABR Loans or Eurodollar Loans, as determined by the Borrower and notified to the Administrative Agent as contemplated by Sections 2.02 and 2.07 of the Amended Credit Agreement. Upon the provision of, or the continuation of the Existing Term Loans as, as applicable, 2016 New Term Loans on the Effective Date, the 2016 New Term Loans shall be ABR Loans or Eurodollar Loans, as the case may be, of the same Type and with the Interest Period(s) that were applicable to the Existing Term Loans immediately prior to the Effective Date uninterrupted thereby with the initial Interest Period(s) applicable to the 2016 New Term Loans equal to the remaining length of such Existing Term Loans’ Interest Period(s).
Replacement Term Loan Commitment as defined in Amendment No. 6. “Replacement Term Loan Lender”: as defined in Amendment No. 6. “Reply Amount”: as defined in the definition of “Dutch Auction.” “Reportable Event”: any of the events set forth in Section 4043(c) of ERISA, other than those events as to which the thirty day notice period is waived under subsections.27,.28,.29,.30,.31,.32,.34 or.35 of PBGC Reg. § 4043. “Repricing Indebtedness”: as defined in the definition of “Repricing Transaction.” “Repricing Transaction”: means, other than in the context of a transaction involving a Change of Control, an underwritten public Equity Offering or the financing of any material acquisition or similar material Investment, (i) the repayment, prepayment, refinancing, substitution or replacement of all or a portion of the Replacement 2023 Term B Loans with the incurrence of any Indebtedness (“Repricing Indebtedness”) having an effective interest cost or weighted average yield (taking into account interest rate margin and benchmark floors, recurring fees and all upfront or similar fees or original issue discount (amortized over the shorter of (A) the weighted average life to maturity of such term loans and (B) four years), but excluding any arrangement, structuring, syndication or other fees payable in connection therewith that are not shared ratably with all lenders or holders of such term loans in their capacities as lenders or holders of such term loans) that is less than the effective interest cost or weighted average yield of the Replacement 2023 Term B Loans and (ii) any amendment, waiver, consent or modification to this Agreement relating to the interest rate for, or weighted average yield (to be determined on the same basis as that described in clause (i) above) of, the Replacement 2023 Term B Loans directed at, or the result of which would be, the lowering of the effective interest cost or weighted average yield applicable to the Replacement 2023 Term B Loans . “Required Lenders”: at any time, non-Defaulting Lenders holding more than 50% of (a) until the Closing Date, the Commitments then in effect and (b) thereafter, the sum of (i) the aggregate unpaid principal amount of the Loans then outstanding and (ii) the Total Incremental Commitments then in effect. “Requirement of Law”: as to any Person, any law, treaty, rule or regulation or determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to whi...