Term B-2 Loan Commitment definition

Term B-2 Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B-2 Loans as set forth in Section 2.01(b) to the 2008 Credit Agreement. The initial amount of each Lender’s Term B-2 Loan Commitment is set forth on Schedule 2.01 to the 2008 Credit Agreement, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Term B-2 Loan Commitment, as applicable. The aggregate amount of the Term B-2 Loan Commitments on the Closing Date was $3,000,000,000.

Term B-2 Loan Commitment means, for each Lender, the amount set forth opposite such Lender’s name in Schedule 2.01 directly below the column entitled “Term B-2 Loan Commitment,” as the same may be terminated pursuant to Sections 4.02 and/or 11.

Term B-2 Loan Commitment means, as to any Lender, its obligation to make a Term B-2 Loan to the Borrower pursuant to pursuant to Amendment No. 1 in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule I to Amendment No. 1 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The aggregate amount of the Lenders’ Term B-2 Loan Commitments on the Amendment No. 1 Effective Date (immediately prior to the incurrence of the Term B-2 Loans on such date) is $25,000,000.

Examples of Term B-2 Loan Commitment in a sentence

• Subject to the term and conditions set forth in Amendment No. 5, each 2022 Incremental Term B-2 Lender has severally agreed to make, on the Amendment No. 5 Effective Date, a single loan in Dollars in an aggregate principal amount equal to its 2022 Incremental Term B-2 Loan Commitment.

• Subject to the terms and conditions hereof and of Amendment No. 3, the Term B-2 Loan Lenders severally and not jointly, agree to make term loans in Dollars (each, a “Term B-2 Loan”) to the Company on the Amendment No. 3 Effective Date pursuant to Amendment No. 3 in an amount for each Term B-2 Loan Lender not to exceed the amount of the Term B-2 Loan Commitment of such Lender.

• Subject to the last sentence of this clause (iii) and the other terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Term B-2 Loan”) to the Borrower on the Commitment Effective Date in an amount not to exceed such Lender’s Term B-2 Loan Commitment.

• It is understood and agreed that in accordance with Section 2.06(b)(ii)(B), the aggregate Term B-2 Loan Commitment shall be permanently reduced on a Dollar for Dollar basis in an amount equal to the aggregate principal amount of the Private Placement Notes issued pursuant to the Private Placement Note Purchase Agreement on or prior to the Commitment Effective Date.

• Subject to the terms and conditions set forth herein and in the Incremental Amendment No. 3 (including, for the avoidance of doubt, Section 3.2 hereof), each 2017 Incremental Term B-2 Lender agrees, severally and not jointly, to and shall make, on or prior to the date falling on the last day of the Certain Funds Period, a 2017 Incremental Term B-2 Loan in Dollars to the Borrower in a principal amount equal to such 2017 Incremental Term B-2 Lender’s 2017 Incremental Term B-2 Loan Commitment.

More Definitions of Term B-2 Loan Commitment

Term B-2 Loan Commitment means, with respect to each Lender, the obligation of such Lender to make a Term B-2 Loan hereunder on the Closing Date, in a principal amount not exceeding the amount set forth on Schedule 1.1(d) hereto.

Term B-2 Loan Commitment means (a) as to any Term B-2 Lender, the aggregate commitment of such Term B-2 Lender to make Term B-2 Loans as set forth in the Commitment Schedule or in the most recent Assignment and Assumption executed by such Term B-2 Lender and (b) as to all Term B-2 Lenders, the aggregate commitment of all Term B-2 Lenders to make Term B-2 Loans, which aggregate commitment shall be $[335,307,464]3 on the Effective Date, prior to giving effect to any Effective Date Incremental Commitments. After advancing the Term B-2 Loan, each reference to a Term B-2 Lender’s Term B-2 Loan Commitment shall refer to that Term B-2 Lender’s Applicable Percentage of the Term Loans.

Term B-2 Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Term B-2 Loan on the 2015 Refinancing Date, expressed as an amount representing the maximum principal amount of the Term B-2 Loan to be made by such Lender, 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 Lender pursuant to Section 9.04. The amount of each Lender’s Term B-2 Loan Commitment on the 2015 Refinancing Date is the amount of its “New Term B-2 Loan Commitment” as defined in the 2015 Refinancing Facility Agreement. The initial aggregate amount of the Lenders’ Term B-2 Loan Commitments on the 2015 Refinancing Date is $300,000,000.

Term B-2 Loan Commitment means, with respect to a Lender, the agreement of such Lender to exchange the entire principal amount of its Initial Term Loans outstanding prior to the Amendment No. 3 Effective Date (or such lesser amount allocated to it by the Administrative Agent) for an equal principal amount of Term B-2 Loans on the Amendment No. 3 Effective Date.

Term B-2 Loan Commitment means the commitment of a Lender to make Term B-2 Loans on or after the Fourth Incremental Assumption and Amendment Agreement Effective Date (including the Incremental Term B-2 Loan Commitments).

Term B-2 Loan Commitment as to any Term B-2 Loan Lender, the obligation of such Lender, if any, to make a Term B-2 Loan to the Borrower hereunder in a principal amount not to exceed the amount set forth under the heading “Term B-2 Loan Commitment” opposite such Lender’s name on Annex D hereto or, as the case may be, in the Assignment and Acceptance pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof.

Term B-2 Loan Commitment means, as to each Lender, its obligation to make its portion of the Term B-2 Loan to the Borrower on the Commitment Effective Date pursuant to Section 2.01(a)(iii), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term B-2 Loan Commitments of all of the Lenders as in effect on the Closing Date is FORTY MILLION DOLLARS ($40,000,000), provided, however, that such Term B-2 Loan Commitments may be reduced on or prior to the Commitment Effective Date in accordance with Section 2.01(a)(iii).