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.
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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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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.

  • Upon any reduction of the unused portion of the aggregate Term B2 Commitments or Term B3 Commitments, the Term B2 Commitment or (as the case may be) the Term B3 Commitment of each Term B Lender shall be reduced by such Lender’s ratable portion of such reduction amount.

  • In addition, during the Availability Period in respect of the Term B2 Facility and the Term B3 Facility, the Borrower may, upon notice to the Administrative Agent as set forth above, from time to time terminate (in whole or in part) the unused portion of the aggregate Term B2 Commitments or the Term B3 Commitments, as the case may be.

  • 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.

  • Term B-1 Commitments, Term B-2 Commitments, Term B-3 Commitments, Term B-4 Commitments, Other Term Loan Commitments and Term Commitments (and in each case, the Loans made pursuant to such Commitments) that have different terms and conditions shall be construed to be in different Classes.

  • Each Additional U.S. Term B-3 Lender, the Borrower and the Administrative Agent acknowledge and agree that the Additional U.S. Term B-3 Commitment provided pursuant to this Agreement shall constitute Additional U.S. Term B-3 Commitments for all purposes of the Loan Agreement and the other applicable Loan Documents.

  • The aggregate principal amount of (i) (x) the Term B Exchanged Term Loans plus the Additional Initial Term B-3 Commitments and (y) the Euro Exchanged Term Loans plus the Additional Initial 2017 Euro Term Commitments, shall equal (ii) (x) the aggregate principal amount of the outstanding Initial Term B Loans immediately prior to the Amendment Effective Date, plus (y) the aggregate principal amount of the outstanding Initial Euro Term Loans immediately prior to the Amendment Effective Date.

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

  • The Term B3 Borrowing shall consist of Term B3 Loans made simultaneously by the Term B Lenders in accordance with their respective Term B3 Commitments.

  • The broad process of public consultations that preceded the design of the ERSO helped strengthen the Government’s ownership and commitment to the reform program and likelihood of medium-term sustainability.


More Definitions of Term B-3 Commitments

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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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.
Sample 1

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 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 $500,000,000.

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

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

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments 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 Term Lender to make Term Loans, including Initial Term 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.

  • New Revolving Commitments has the meaning assigned to such term in Section 2.04.

  • 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 the Term B Loan Commitments and the Term B Loans made hereunder.

  • 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.

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • 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).