Term B-3 Commitment means, as to each Term B-3 Lender, its obligation to make Term B-3 Loans to the Company pursuant to the Incremental Joinder in the principal amount stated therein pursuant to which such Term B-3 Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.
Term B-3 Commitment means the Additional Term B-3 Commitment and the Term B-3 Exchange Commitments. After giving effect to Amendment No. 4, on the Amendment No. 4 Effective Date, the aggregate amount of the Term B-3 Commitments shall be $640,748,413.
Term B-3 Commitment means, as to each Term B-3 Lender, its obligation to make a Term B-3 Loan to the Borrowers pursuant to Section 2.01(a)(iii) in an aggregate amount not to exceed the amount set forth opposite such Term B-3 Lender’s signature to Amendment No. 2 under the caption “Term B-3 Commitment.” The aggregate amount of the Term B-3 Commitments as of the Restatement Effective Date is $245,000,000.
Examples of Term B-3 Commitment in a sentence
The Term B-3 Commitment provided pursuant to this Amendment shall be subject to all of the terms and conditions set forth in the Credit Agreement.
More Definitions of Term B-3 Commitment
Term B-3 Commitment means, with respect to a Lender, the agreement of such Lender to exchange the entire principal amount of its U.S. Term B-2 Loans (or such lesser amount allocated to it by the Administrative Agent) for an equal principal amount of U.S. Term B-3 Loans on the Amendment No. 5 Effective Date.
Term B-3 Commitment means, with respect to a Term B-2 Lender, the agreement of such Term B-2 Lender to exchange the entire principal amount of its Term B-2 Loans (or such lesser amount allocated to it by the Arrangers) for an equal principal amount of Term B-3 Loans on the Amendment No. 4 Effective Date.
Term B-3 Commitment means, with respect to a Term Lender, the agreement of such Term Lender to exchange the entire principal amount of its Term B-1 Loans (or such lesser amount allocated to it by the Amendment No. 3 Arrangers) and Term B-2 Loans (or such lesser amount allocated to it by the Amendment No. 3 Arrangers) for a principal amount of Term B-3 Loans equal to such entire principal amount (or such lesser amount) on the Amendment No. 3 Effective Date. For the avoidance of doubt, the Term B-3 Commitments constitute Refinancing Term Commitments.
Term B-3 Commitment means, with respect to each applicable Term B-3 Lender, the commitment of such Term B-3 Lender to make a Term B-3 Loan under the First Amendment on the First Amendment Effective Date, expressed as an amount representing the maximum principal amount of the Term B-3 Loan to be made by such Term B-3 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-3 Lender pursuant to an Assignment and Assumption. The initial amount of each Term B-3 Lender’s Term B-3 Commitment is set forth on Schedule 2.01(d) or in the Assignment and Assumption pursuant to which such Term B-3 Lender shall have assumed its Term B-3 Commitment, as the case may be. As of the First Amendment Effective Date, the total Term B-3 Commitment is $6,595,000,000.
Term B-3 Commitment means (a) with respect to each Converting Term B-3 Consenting Lender, the commitment of such Lender to convert its Term B-2 Loans for an equal aggregate principal amount of Term B-3 Loans on the Amendment and Restatement Effective Date pursuant to the Amendment and Restatement Agreement (or such lesser amount as determined by the Amendment and Restatement Agreement Lead Arrangers), (b) with respect to the Additional Term B-3 Lender, its Additional Term B-3 Commitment, (c) with respect to the 2024 Additional Term Loan Lender, its 2024 Additional Term Loan Commitment and (d) in the case of any Lender that becomes a Lender after the Amendment and Restatement Effective Date, the amount specified as such Lender’s “Term B-3 Commitment” in the Assignment and Assumption pursuant to which such Lender assumed a portion of the aggregate Term B-3 Commitment, in each case as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of the Term B-3 Commitments on the Amendment and Restatement Effective Date is $1,500,000,000. The aggregate amount of the Term B-3 Commitments on the Amendment No. 1 Effective Date is $125,000,000.
Term B-3 Commitment has the meaning specified in the Term B-3 Incremental Amendment.
Term B-3 Commitment means, as to each Term B-3 Lender, its obligation to make a Term B-3 Loan to Luxco Borrower pursuant to Section 2.01(a)(iv) in an aggregate amount not to exceed the amount set forth opposite such Term B-3 Lender’s name on Schedule 2.01 under the caption “Term B-3 Commitment” 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. The aggregate amount of the Term B-3 Commitments as of the Closing Date is $550,000,000.