Term B-3 Commitments definition

Term B-3 Commitments means, as to each Lender, its obligation to make a Term B-3 Loans to the Parent Borrower pursuant to Section 2.1(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name in Schedule 1.01 (as in effect on the Escrow Release Date) under the caption “Term B-3 Commitment” or in the Assignment and Acceptance 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 2.8). The initial aggregate amount of the Term B-3 Commitments is $950,000,000.
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Term B-3 Commitments means the aggregate U.S. Term B-3 Commitments of all U.S. Term B-3 Lenders, which amount, initially as of the Amendment No. 6 Effective Date, shall be $1,780,537,500. “U.S. Term B-3 Lender” means each Lender that has a U.S. Term B-3 Commitment or that is a holder of U.S. Term B-3 Loans, including the Additional U.S. Term B-3 Lender and each Amendment No. 6 Consenting Lender. “U.S. Term B-3 Loan” has the meaning assigned to such term in Section 2.01(b)(viii). “U.S. Term B-3 Loan Facility” means the provisions herein related to the U.S. Term B-3 Commitments and U.S. Term B-3 Loans. “U.S. Term B-3 Loan Maturity Date” means March 11, 2025. “U.S. Term B-4 Commitment” means, with respect to each U.S. Term B-4 Lender, the commitment of such Lender to make U.S. Term B-4 Loans to the U.S. Borrower in the aggregate principal amount set forth opposite such Lender’s name on the Schedule 1 to Incremental Amendment No. 8 under the caption “U.S. Term B-4 Commitments” as adjusted to reflect each Assignment and Assumption executed by such Lender and as such amount may be increased or reduced pursuant to this Agreement, and “U.S. Term B-4 Commitments” shall mean the aggregate U.S. Term B-4 Commitments of all U.S. Term B-4 Lenders, which amount, initially as of the Incremental Amendment No. 8 Effective Date, shall be $900.0 million. “U.S. Term B-4 Lender” means each Lender that has a U.S. Term B-4 Commitment or that is a holder of U.S. Term B-4 Loans.
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Term B-3 Commitments means the aggregate U.S. Term B-3 Commitments of all U.S. Term B-3 Lenders, which amount, initially as of the Amendment No. 6 Effective Date, shall be $1,780,537,500. “U.S. Term B-3 Lender” means each Lender that has a U.S. Term B-3 Commitment or that is a holder of U.S. Term B-3 Loans, including the Additional U.S. Term B-3 Lender and each Amendment No. 6 Consenting Lender. “U.S. Term B-3 Loan” has the meaning assigned to such term in Section 2.01(b)(viii). “U.S. Term B-3 Loan Facility” means the provisions herein related to the U.S. Term B-3 Commitments and U.S. Term B-3 Loans.
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Examples of Term B-3 Commitments in a sentence

  • The Term B-3 Borrowing shall consist of Term B-3 Loans made simultaneously by the Term B-3 Lenders in accordance with their respective Term B-3 Commitments.

  • Use the proceeds of (a) the Loans made on the Closing Date solely to finance in part the Transaction and to pay related fees and expenses, (b) the Term B-3 Loans funded pursuant to the Additional Term B-3 Commitments on the Amendment No. 7 Effective Date to prepay Term B-2 Loans pursuant to Section 2.05(a) of this Agreement and (c) the Incremental Term Loans only for the purposes specified in the applicable Additional Credit Extension Amendment.

  • The Additional Term B-3 Commitments provided pursuant to this Agreement shall be subject to all of the terms in the Credit Agreement and to the conditions set forth in the Credit Agreement, and shall be entitled to all the benefits afforded by the Credit Agreement and the other Loan Documents, and shall, without limiting the foregoing, benefit equally and ratably from the Guarantees and security interests created by the Collateral Documents.

  • Each Term B-3 Loan made on the Amendment No. 9 Closing Date shall be made by the Term B-3 Lenders in accordance with their applicable Pro Rata Share of the Term B-3 Commitments as of such date.

  • JPMORGAN CHASE BANK, N.A. By: Name: Title: Additional Term B-3 Commitments: $[ ] QUINTILES TRANSNATIONAL CORP.

  • For the avoidance of doubt, the Term B-3 Commitments constitute Refinancing Term Commitments.

  • The Term B-3 Lender, the Parent Borrower and the Administrative Agent acknowledge and agree that the Term B-3 Commitments provided pursuant to this Agreement shall constitute Incremental Commitments for all purposes of the Credit Agreement and the other applicable Loan Documents.

  • The aggregate amount of the Term B-3 Commitments on the Amendment No. 3 Effective Date is $31,537,250.55.

  • In connection with the Term B-3 Commitments, (a) Xxxxxxx Xxxxx Bank USA, Citigroup Global Markets Inc.

  • On the Amendment No. 7 Effective Date, the aggregate amount of the Term B-3 Commitments is $500,000,000.


More Definitions of Term B-3 Commitments

Term B-3 Commitments means the aggregate U.S. Term B-3 Commitments of all U.S. Term B-3 Lenders, which amount, initially as of the Amendment No. 6 Effective Date, shall be $1,780,537,500.
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Term B-3 Commitments the obligation of the Term B-23 Lenders to make Term B-23 Loans to the Company Borrower on the Amendment No. 2 Funding3 Effective Date in the amount set forth opposite each Term B-23 Lender’s name on Schedule 2.01 to Amendment No. 23 (or, with respect to each Cashless Option Lender referred to in Amendment No. 3, the Term B-3 Commitment allocated by the Amendment No. 3 Lead Arrangers and Bookrunners to such Cashless Option Lender).
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Related to Term B-3 Commitments

  • Term Commitments means a Term B Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Revolving Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Revolving Commitment, if any, is set forth on Appendix A-3 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Revolving Commitments as of the Closing Date is $60,000,000.

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment.

  • Term Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to the Borrower in a principal amount not to exceed the amount set forth under the heading “Term Commitment” opposite such Lender’s name on Schedule 1.1.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Existing Revolving Commitments has the meaning assigned to such term in Section 2.27(a).

  • Refinancing Revolving Commitments means one or more Classes of commitments in respect of Revolving Loans hereunder that result from a Refinancing Amendment.

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

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

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Term B Commitment means, as to each Term B Lender, its obligation to make Term B Loans to the Company pursuant to Section 2.01(b) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Term B Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term B Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • 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.

  • Term B Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term B Commitments at such time and (b) thereafter, the aggregate principal amount of the Term B Loans of all Term B Lenders outstanding at such time.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Other Revolving Credit Commitments means one or more Classes of revolving credit commitments hereunder that result from a Refinancing Amendment.