Second Lien Term Loan Commitment definition

Second Lien Term Loan Commitment means the commitment of each Lender to make a Second Lien Term Loan hereunder in a principal amount not to exceed the amount set forth under the heading “Second Lien Term Loan Commitment” opposite its name in Annex A hereto. The original aggregate amount of the Second Lien Term Loan Commitments is $900,000,000.
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Second Lien Term Loan Commitment means the commitment of each Lender to make a Second Lien Term Loan hereunder in a principal amount not to exceed the amount set forth under the heading “Second Lien Term Loan Commitment” opposite its name in Annex A hereto. The original aggregate amount of the Second Lien Term Loan Commitments is $900,000,000. “Second Lien Term Loan Commitment Percentage” shall mean, at any time, with respect to each Lender at any time, the percentage which such Lender’s Second Lien Term Loan Commitment then constitutes of the aggregate Second Lien Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender’s Second Lien Term Loans then outstanding constitutes of the aggregate principal amount of the Second Lien Term Loans of all Lenders then outstanding). “Second Lien Trademark Security Agreement” shall mean that certain Second Lien Trademark Security Agreement as defined in Section 5.19(a), as the same may be amended, restated, modified, supplemented, extended or amended and restated from time to time. “Second Priority Obligations” shall have the meaning set forth in the Intercreditor Agreement. “Second Priority Obligations Payment Date” shall have the meaning set forth in the Intercreditor Agreement. “Second Priority Secured Parties” shall have the meaning set forth in the Intercreditor Agreement. “Shifting Control Agreement” shall mean any Shifting Control Deposit Account Agreement or any Shifting Control Securities Account Agreement. “Shifting Control Deposit Account Agreement” shall mean an agreement in writing in form and substance reasonably satisfactory to the Collateral Agent, by and among the Borrower or any Guarantor, as the case may be, the First Lien Collateral Agent or the Collateral Agent, and the relevant bank at which the relevant deposit account of the Borrower or any Guarantor, as the case may be, is at any time maintained. “Shifting Control Securities Account Agreement” shall mean an agreement in writing in form and substance reasonably satisfactory to the Collateral Agent, by and among the Borrower or any Guarantor, as the case may be, the First Lien Collateral Agent or the Collateral Agent and any securities intermediary in respect of the relevant securities account. “Single Employer Plan” shall mean a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees of the Borrower or an ERISA Affiliate or (b) was so maintained and in respect ...
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Second Lien Term Loan Commitment. 1.1 (a) "Senior Leverage Ratio" Exhibit 4.2(b) "Taxes"
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Examples of Second Lien Term Loan Commitment in a sentence

  • Borrower may make only one borrowing under the Second Lien Term Loan Commitment.

  • Subject to the terms and conditions hereof, each Lender with a Second Lien Term Loan Commitment severally agrees to make, on the Closing Date, a Second Lien Term Loan to Borrower in Dollars in an amount equal to such Lender’s Second Lien Term Loan Commitment.

  • Each Lender’s Second Lien Term Loan Commitment shall terminate immediately and without further action on the Closing Date after giving effect to the funding of such Lender’s Second Lien Term Loan Commitment on such date.

  • Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Credit Parties contained herein, each Lender with a Second Lien Term Loan Commitment severally and not jointly agrees to lend to the Borrower on the Closing Date, the amount set forth opposite such Lender's name in Schedule 1.1 under the heading "Second Lien Term Loan Commitment" (such amount being referred to herein as such Lender's "Second Lien Term Loan Commitment").

  • Each Lender's obligation to fund the Second Lien Term Loan shall be limited to such Lender's Second Lien Term Loan Commitment Percentage of the Second Lien Term Loan, and no Lender shall have any obligation to fund any portion of the Second Lien Term Loan required to be funded by any other Lender, but not so funded.

  • The Second Lien Term Loan made by each Lender with a Second Lien Term Loan Commitment shall be evidenced by this Agreement and, if requested by such Lender, a Second Lien Term Note payable to the order of such Lender in an amount equal to such Lender's Second Lien Term Loan Commitment.

  • Each Lender’s Second Lien Term Loan Commitment shall terminate immediately and without further action on the earlier of (i) the Commitment Termination Date and (ii) the Funding Date after giving effect to the funding of such Lender’s Second Lien Term Loan Commitment, on such date.

  • Notwithstanding anything to the contrary contained in this Section 2.1, each holder of a Second Lien Term Note may elect not to have such Lender’s Second Lien Term Loan Commitment Percentage of the Second Lien Term Loan prepaid in the case of a mandatory prepayment pursuant to Section 2.1(c) by notice to Administrative Agent received one (1) Business Day prior to the date of such prepayment.

  • The obligations of Lenders hereunder are several and no Lender shall be responsible for the obligations or Second Lien Term Loan Commitment of any other Lender hereunder.

  • Tuscarawas County is designated as a Low-Income Population Health Professional Shortage Area for primary care, with a shortage of 9.69 full-time equivalent primary care providers.8 In addition, Tuscarawas County is designated as a Low-Income Population Health Professional Shortage Area for dental care, with a shortage of 6.63 full-time equivalent dental care providers.


More Definitions of Second Lien Term Loan Commitment

Second Lien Term Loan Commitment means “Commitments”, as defined in the Second Lien Term Loan Credit Agreement.
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Second Lien Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Second-Lien Term Loans hereunder as set forth on Schedule 2.01A, or in the Assignment and Acceptance pursuant to which such Lender assumed its Second-Lien Term Loan Commitment or Second-Lien Term Loans, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.
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Second Lien Term Loan Commitment means $48,000,000.
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Related to Second Lien Term Loan Commitment

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “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.

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A 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 on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Loan Commitment means a statement transmitted in writing or electronically by a mortgage lender setting forth the terms and conditions upon which the mortgage lender is willing to make a particular residential mortgage loan to a particular borrower.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).