Term B-1 Loan Commitments definition

Term B-1 Loan Commitments as to any Term B-1 Loan Lender, the commitment of such Term B-1 Loan Lender, to make a Term B-1 Loan to the Company hereunder on the Amendment No. 1 Effective Date pursuant to the terms of Amendment No. 1 in a principal amount not to exceed the amount set forth under the heading “Term B-1 Loan Commitment” opposite such Lender’s name on Annex A as in effect immediately prior to the Amendment No. 3
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Term B-1 Loan Commitments means, as to each Term B-1 Lender, its obligation to make a Term B-1 Loan to any Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name in the Register or in the Assignment and Assumption pursuant to which such Term B-1 Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of the Term B-1 Loan Commitments as of the date hereof is $440,000,000.
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Examples of Term B-1 Loan Commitments in a sentence

  • The aggregate amount of the Term B-1 Loan Commitments as of the Amendment No. 1 Effective Date was $124,223,730.07.

  • Each Borrowing of Term B-1 Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their then-applicable Term B-1 Loan Commitments with respect to the applicable Class.

  • On the First Incremental Assumption and Amendment Agreement Effective Date (after giving effect to the funding of the Incremental Term B-1 Loans to be made on such date), the Term B-1 Loan Commitments of each Lender as of the First Incremental Assumption and Amendment Agreement Effective Date were terminated.

  • On the Second Amendment Effective Date (after giving effect to the funding of the Term B-1 Loans to be made on such date), the Term B-1 Loan Commitments of each Lender as of the Second Amendment Effective Date will terminate.

  • On the First Incremental Effective Date (after giving effect to the funding of the Term B-1 Loans to be made on such date), the Term B-1 Loan Commitments of each Lender as of the First Incremental Effective Date will terminate.

  • The Delayed Draw Term B-1 Loan Commitments shall terminate automatically and without further action on the Delayed Draw Term B-1 Loan Commitment Termination Date.

  • Each Person party hereto acknowledges and agrees that, effective as of the Restatement Effective Date, the Incremental Term A-1 Loan Commitments and the Incremental Term B-1 Loan Commitments will be as set forth on Schedule I hereto.

  • Unless previously terminated, the Additional 2021 Refinancing Term B-1 Loan Commitments shall terminate at 11:59 p.m., New York City time, on the Effective Date.

  • Unless previously terminated, the Additional 2019 Refinancing Term B-1 Loan Commitments shall terminate at 11:59 p.m., New York City time, on the Effective Date.

  • Each Borrowing of Initial Term Loans or Term B-1 Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their then-applicable Initial Term Loan Commitments or Term B-1 Loan Commitments, as applicable.