Term B-2 Loan Commitments definition

Term B-2 Loan Commitments means the Initial Term B-2 Loan Commitments and the Additional Term B-2 Loan Commitments.
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Term B-2 Loan Commitments as to any Term Loan B-2 Lender, the commitment of such Term B-2 Loan Lender, to make a Term B-2 Loan to the Company hereunder on the Amendment No. 3 Effective Date pursuant to the terms of Amendment No. 3 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 A. The aggregate amount of the Term B-2 Loan Commitments as of the Amendment No. 3 Effective Date is $544,510,312.50.
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Term B-2 Loan Commitments means, as to each Term B-2 Lender, its obligation to make a Term B-2 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-2 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-2 Loan Commitments as of the date hereof is $360,000,000.
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Examples of Term B-2 Loan Commitments in a sentence

  • Unless previously terminated, the Term B2 Loan Commitments shall terminate if and to the extent that the Term B2 Loans have not been made on or prior to the Effective Date.

  • On the Fourth Incremental Assumption and Amendment Agreement Effective Date (after giving effect to the funding of the Incremental Term B-2 Loans to be made on such date), the Term B-2 Loan Commitments of each Lender as of the Fourth Incremental Assumption and Amendment Agreement Effective Date will terminate.

  • The Borrower will authorize the issue of its senior secured floating rate term notes in an aggregate principal amount equal to the Term B2 Loan Commitments (all such notes, whether initially issued or issued in exchange or substitution for, any such note, in each case in accordance with this Agreement, collectively, the "B2 Notes").

  • Where an interested party has made a complaint about licensed premises, or a valid application for a licence to be reviewed the council may, in certain cases, initially recommend a mediation meeting to address and clarify the issues of concern.

  • Either management or the employee may terminate this arrangement with a minimum of two (2) weeks’ notice.

  • The Term B-2 Loan Commitments shall terminate upon the funding of the Term B-2 Loans in accordance with the terms hereof.

  • Notwithstanding anything to the contrary in this Agreement, unless otherwise agreed to by the AAL First Out Holders and the AAL Last Out Holders, any funding of Delayed Draw Term Loans pursuant to this clause (3) shall consist of a funding of both Initial Delayed Draw Term B-1 Loans and Initial Delayed Draw Term B-2 Loans on a pro rata basis to the then existing Initial Delayed Draw Term B-1 Loan Commitments and the Initial Delayed Draw Term B-2 Loan Commitments.

  • Each Additional Term B-2 Lender, the Borrowers and the Administrative Agent acknowledge and agree that the Additional Term B-2 Commitments provided pursuant to this Amendment shall constitute Term B-2 Loan Commitments for all purposes of the Amended Credit Agreement and the other applicable Credit Documents.

  • The failure of any Noteholder to make any Term B2 Loan required to be made by it shall not relieve any other Noteholder of its obligations hereunder; provided that the Term B2 Loan Commitments of the Noteholders are several and no Noteholder shall be responsible for any other Noteholder’s failure to make Term B2 Loans as required.

  • Notwithstanding anything to the contrary in this Agreement, unless otherwise agreed to by the AAL First Out Holders and the AAL Last Out Holders, any funding of Delayed Draw Term Loans shall consistent of a funding of both Delayed Draw Term B-1 Loans and Delayed Draw Term B-2 Loans on a pro rata basis to the then existing Delayed Draw Term B-1 Loan Commitments and the Delayed Draw Term B-2 Loan Commitments.

Related to Term B-2 Loan Commitments

  • 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.

  • Loan Commitment means a statement transmitted in writing or electronically by a mortgage lender setting forth the terms and conditions upon which the mortgage lender is willing to make a particular residential mortgage loan to a particular borrower.

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

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

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Commitment means, as to each Term Lender, its obligation to make Term 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 Lender’s name on Schedule 2.01 under the caption “Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.