Term A-4 Loan Commitment definition

Term A-4 Loan Commitment means the commitment of each Term A-4 Lender to make a Term A-4 Loan on the Second Amendment Effective Date in an amount set forth under “Term A-4 Loans” as such amount may be adjusted from time to time in accordance with this Agreement.
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Term A-4 Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A-4 Loan to the Borrower pursuant to Section 2.01(a)(iv), in the principal amount set forth opposite such Xxxxxx’s name on Schedule 2.01. The aggregate principal amount of the Term A-4 Loan Commitments of all of the Lenders as in effect on the Restatement Effective Date (before giving effect to the incurrence of the Term A-4 Loan) is $325,000,000. “Term A-4 Maturity Date” means May 3, 2029.
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Examples of Term A-4 Loan Commitment in a sentence

  • The Term A-4 Loan Commitment of each Term A-4 Lender shall be automatically and permanently reduced to $0 upon the funding of the Term A-4 Loans made by it on the Second Amendment Effective Date.

  • To the extent requested, each Term A-4 Loan Lender shall have received its Term A-4 Loan Note in an amount equal to such Term A-4 Loan Lender’s Term A-4 Loan Commitment, after giving effect to this Agreement, dated the Amendment Effective Date, duly completed as herein provided and duly executed and delivered by an Authorized Officer of the Borrower.

  • Subject to the terms and conditions set forth herein, each Term A-4 Loan Lender severally agrees to make a Term A-4 Loan to the Borrower on the Closing Date in an aggregate principal amount equal to such Term A-4 Loan Lender’s Term A-4 Loan Commitment.

  • Notwithstanding the foregoing, if the total Term A-4 Loan Commitment as of the Closing Date is not drawn on the Closing Date, the undrawn amount shall automatically be cancelled.

  • Fourth Amendment Effective Date Facilities Schedule Page 5 of 14 Pages Term Facilities “Nexstar Term A-4 Facility” October 26, 2018 Term A-4 Loan Commitment LenderTerm A-4 Loan CommitmentBank of America, N.A.$194,954,737.16Capital One, N.A.$88,272,420.38MUFG Bank, Ltd.

  • Xxxxxx Xxxxxxx Title: Authorized Signatory Schedule 1 Commitment Schedule 2017 Incremental Lender 2017 Incremental Term A-4 Loan Commitment 2017 Incremental Term B-1 Loan Commitment 2017 Incremental Term B-2 Loan Commitment 2017 Incremental Revolving Credit Commitment Increase Xxxxxx Xxxxxxx Senior Funding, Inc.

  • Subject to the terms and conditions set forth herein and in Amendment No. 2, (i) each Term A-4 Lender agrees to make a Term A-4 Loan to the Borrower on the Second Amendment Effective Date in Dollars in a principal amount not to exceed its Term A-4 Loan Commitment.

  • All (x) Base Rate Loans shall be made in a minimum amount of $500,000 and an integral multiple of $100,000 (other than in the case of a borrowing in the amount of the entire remaining Term A-4 Loan Commitment), and (y) LIBOR Loans shall be made in a minimum amount of $1,000,000 and an integral multiple of $500,000 (other than in the case of a borrowing in the amount of the entire remaining Term A-4 Loan Commitment).

  • Assignment Minimum Amount Under Section 10.06(b)(i)(B) $5.0 million 187 Term Facilities “Nexstar Term A-4 Facility” October 26, 2018 Term A-4 Loan Commitment Lender Term A-4 Loan Commitment Bank of America, N.A. $194,954,737.16 Capital One, N.A. $88,272,420.38 MUFG Bank, Ltd.

  • Subject to the terms and conditions set forth herein and in Amendment No. 2, each Term A-4 Lender agrees to make a Term A-4 Loan to the Borrower on the Second Amendment Effective Date in Dollars in a principal amount not to exceed its Term A-4 Loan Commitment.

Related to Term A-4 Loan Commitment

  • Term A Loan Commitment means, for each Lender, the commitment of such Lender to make its portion of the Term A Loan, in the principal amount with respect to each such Lender equal to the amount set forth opposite the name of such Lender under "Term A Loan Commitment" on Schedule 1.01(A).

  • 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.

  • Term B Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term B Loan on the Closing Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term B Loan Commitments of the Lenders aggregate $50,000,000 on the Closing Date.

  • 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).

  • Loan Commitment has the meaning set forth in Section 2.1.

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

  • Term Loan Commitment Amount means, as to any Lender, the term loan commitment amount (if any) set forth below such Lender’s name on the signature page hereof (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the term loan commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement), as the same may be adjusted upon any assignment by or to such Lender pursuant to Section 16.3(c) or (d) hereof.

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan Commitment, and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is Twenty Million Dollars ($20,000,000.00).

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

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

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

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

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

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

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

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.