Term A-1 Loan Commitment definition

Term A-1 Loan Commitment means, (a) with respect to any Lender, the commitment of such Lender to make a portion of the Term A-1 Loan to the account of the Borrower hereunder on the Closing Date and (b) as to all Lenders, the aggregate commitment of all Lenders to make such Term A-1 Loans. The initial amount of each Lender’s Term A-1 Loan Commitment is set forth on Schedule 2.1 and the aggregate Term A-1 Loan Commitments of all Lenders is $40,000,000.
Term A-1 Loan Commitment means, as to each Term Lender, its obligation to make a Term A-1 Loan to the Borrower pursuant to Section 2.01(a)(ii) on the Amendment No. 1 Effective Date in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name on Schedule 2.01-B under the caption “Term A-1 Loan Commitment”. As of the Amendment No. 1 Effective Date, the aggregate principal amount of all Term A-1 Loan Commitments of all Term A-1 Lenders was $50,000,000.
Term A-1 Loan Commitment means, with respect to each Term A-1 Lender, the commitment of such Lender to make its respective Term A-1 Loan to the Borrowers on the Third Amendment Effective Date in the amount set forth in Schedule 1.01(A-2) hereto or in the Assignment and Acceptance pursuant to which such Lender became a Lender under this Agreement, as such commitment may be terminated or reduced from time to time in accordance with the terms of this Agreement.

Examples of Term A-1 Loan Commitment in a sentence

  • The Total Term A-1 Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Third Amendment Effective Date.

  • Subject to the terms and conditions set forth herein, each Term A-1 Loan Lender severally agrees to make a Term A-1 Loan to the Borrower on the Closing Date in an aggregate principal amount equal to such Term A-1 Loan Lender’s Term A-1 Loan Commitment.

  • After the funding of the Term A-1 Loans on the Restatement Date, the Term A-1 Loan Commitment of each Lender shall terminate.

  • Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Term A-1 Loan”) to the Borrower in Dollars on the Closing Date in an amount not to exceed such Lender’s Term A-1 Loan Commitment.

  • Each Lender’s Term A-1 Loan Commitment shall terminate immediately and without further action on the Second Amendment Effective Date after giving effect to the funding of such Lender’s Term A-1 Loan Commitment on such date.


More Definitions of Term A-1 Loan Commitment

Term A-1 Loan Commitment means, with respect to each Bank, the obligation to make a Term A-1 Loan in the principal amount set forth in SCHEDULE 1 attached hereto and incorporated herein, as such amount may be reduced or increased from time to time in accordance with the provisions of Section 2.16 (upon the execution of Assignment and Assumption Agreements, the definition of Loan Commitment shall be deemed revised to reflect the assignment being effected pursuant to each such Assignment and Assumption Agreement).
Term A-1 Loan Commitment means with respect to each Lender, the commitment of such Lender to make Term A-1 Loans as set forth in Section 2.01(a) or Incremental Term Loans in the form of Term A-1 Loans as set forth in Section 2.01(c). The initial amount of each Lender’s Term A-1 Loan Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Term A-1 Loan Commitment (or its Incremental Term Loan Commitment), as applicable. The aggregate amount of the Term A-1 Loan Commitments on the Signing Date is $230,000,000.
Term A-1 Loan Commitment means (a) the commitment of the Term A-1 Lenders to make Term A-1 Loans on the Closing Date pursuant to Section 2.01(g) and (b) as to any New Term Lender, the commitment of such New Term Lender to make incremental Term A-1 Loans pursuant to Section 2.16.
Term A-1 Loan Commitment means, as to any Lender, the obligation of such Lender to make Term A-1 Loans on the Original Closing Date pursuant to the Original Credit Agreement or to continue Term A-1 Loans hereunder pursuant to the Restatement Agreement, as applicable, in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof, as the same may be reduced pursuant to Section 2.10. The Borrower and the Term A-1 Lenders acknowledge and agree that the Term A-1 Loan Commitments of the Term A-1 Lenders aggregate $356,561,264.82 as of the date hereof.
Term A-1 Loan Commitment means with respect to each Term A-1 Lender, the commitment of such Term A-1 Lender to make Term A-1 Loans in Dollars on the Restatement Effective Date as set forth in Section 2.01(b). The initial amount of each Term A-1 Lender’s Term A-1 Loan Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance pursuant to which such Term A-1 Lender shall have assumed its Term A-1 Loan Commitment, as applicable. The aggregate amount of the Term A-1 Loan Commitments on the Restatement Effective Date is $1,287,000,000.
Term A-1 Loan Commitment means, with respect to each Lender, its obligation to make term loans pursuant to Section 2.1 on the Closing Date in an aggregate principal amount at any time outstanding set forth opposite such Lxxxxx’s name on Schedule 1.1(B) or in the Assignment and Assumption pursuant to which such Lender becomes party hereto. As of the Closing Date, the aggregate amount of the Term A-1 Loan Commitments of the Lenders is $130,000,000.
Term A-1 Loan Commitment means, with respect to a Lender, the agreement of such Lender to exchange the entire principal amount of its Term A Loans (or such lesser amount allocated to it by the Administrative Agent) for an equal principal amount of Term A-1 Loans on the Amendment No. 7 Effective Date.