Term B-2 Commitment has the meaning set forth in Amendment No. 2.
Term B-2 Commitment means, as to each Term B-2 Lender, its obligation to make a Term B-2 Loan to the Borrowers pursuant to Section 2.01(b)(iii) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01(b) under the caption “Term B-2 Commitment” or in the Assignment and Assumption pursuant to which such Term B-2 Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Term B-2 Commitments is $325,000,000.
Term B-2 Commitment means, with respect to a Term B-2 Lender, the commitment of such Term B-2 Lender to make a Term B-2 Loan on the Amendment No. 2 Effective Date, in the amount set forth on the joinder agreement of such Term B-2 Lender to Amendment No. 2. The aggregate amount of the Term B-2 Commitments of all Term B-2 Lenders shall equal the outstanding principal amount of Term B-1 Loans immediately prior to the effectiveness of Amendment No. 2.
Examples of Term B-2 Commitment in a sentence
Subject to the terms and conditions set forth herein and in Amendment No. 2, each Term B-2 Lender with a Term B-2 Commitment severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to such Term B-2 Lender’s Term B-2 Commitment on the Conversion Date.
More Definitions of Term B-2 Commitment
Term B-2 Commitment means, with respect to each applicable Term B-2 Lender, the commitment of such Term B-2 Lender to make a Term B-2 Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Term B-2 Loan to be made by such Term B-2 Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Term B-2 Lender pursuant to an Assignment and Assumption. The initial amount of each Term B-2 Lender’s Term B-2 Commitment is set forth on Schedule 2.01(b) or in the Assignment and Assumption pursuant to which such Term B-2 Lender shall have assumed its Term B-2 Commitment, as the case may be. As of the date hereof, the total Term B-2 Commitment is $500,000,000.
Term B-2 Commitment means the Additional Term B-2 Commitment and the Term B-2 Exchange Commitments. After giving effect to Amendment No. 3, on the Amendment No. 3 Effective Date, the aggregate amount of the Term B-2 Commitments shall be $644,000,925.
Term B-2 Commitment means, as to each Term B-2 Lender, its obligation to make a Term B-2 Loan to the Borrower pursuant to Section 2.01(b)(ii), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term B-2 Commitments of all of the Term B-2 Lenders as in effect on the Effective Date is FIVE MILLION DOLLARS ($5,000,000).
Term B-2 Commitment means, with respect to any Term B-2 Lender at any time, the amount set forth in the Lender Addendum delivered by such Term B-2 Lender under the caption “Term B-2 Commitment” or, if such Lender has entered into one of more Assignment and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Lender’s “Term B-2 Commitment”, as such amount may be reduced at or prior to such time pursuant to Section 2.05. The aggregate Term B-2 Commitments are (before giving effect to any reduction pursuant to Section 2.05) $200 million.
Term B-2 Commitment means, with respect to any Term B-2 Lender at any time, the amount set forth opposite such Lender’s name on Schedule I hereto under the caption “Term B-2 Commitment” or, if such Lender has entered into one or more Assignment and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Lender’s “Term B-2 Commitment,” as such amount may be reduced at or prior to such time pursuant to Section 2.05.
Term B-2 Commitment means, with respect to the Term B-2 Lender, the commitment of such Lender to make a Term B-2 Loan on the Amendment No. 1
Term B-2 Commitment means, as to each Term B-2 Lender, its obligation to make (a) Initial Term B-2 Loans to the Borrower pursuant to Section 2.01(a)(ii) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term B-2 Lender’s name on the Register, as such amount may be adjusted from time to time in accordance with this Agreement.