Term B-7 Commitment definition

Term B-7 Commitment means, as to each Term B-7 Lender, its obligation to make Term B-7 Loans to the Designated Borrowers pursuant to the Incremental B-6/B-7 Amendment in the principal amount stated therein pursuant to which such Term B-7 Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.
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Term B-7 Commitment means (i) as to the Designated Lender, its Additional Term B-7 Commitment and (ii) as to any Converting Term B-7 Lender, its commitment to convert Term B-4 Loans and/or Term B-5 Loans to Term B-7 Loans pursuant to the Loan Conversion as provided in the Third Amendment.
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Term B-7 Commitment means the Additional Term B-7 Commitment and the Term B-7 Exchange Commitments. After giving effect to Amendment No. 8, on the Amendment No. 8 Effective Date, the aggregate amount of the Term B-7 Commitments shall be $731,597,036.98.
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Examples of Term B-7 Commitment in a sentence

  • Each Additional Lender hereby agrees to make a 2018 Term B-7 Loan to the Borrowers in an amount equal to its Additional 2018 Term B-7 Commitment on the Amendment No. 7 Effective Date (as defined in Amendment No. 7) in accordance with Section 2.1(k) of the Term Loan Agreement.

  • Each Additional Lender hereby agrees to make a 2019-1 Term B-7 Loan and a 2019 Term B-8 Loan to the Borrowers in an amount equal to its Additional 2019-1 Term B-7 Commitment Additional and 2019 Term B-8 Commitment, as applicable, on the Amendment No. 8 Effective Date (as defined in Amendment No. 8) in accordance with Section 2.1(l) of the Term Loan Agreement.

Related to Term B-7 Commitment

  • 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 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.

  • L/C Commitment $50,000,000.

  • Term B Commitment means, as to each Term B Lender, its obligation to make Term B Loans to the Borrower pursuant to Section 2.1(c) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term B Lender’s name on Schedule 2.1 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.

  • Facility B Commitment means, with respect to each Facility B Lender, the commitment, if any, of such Lender to make Facility B Revolving Loans and to acquire participations in Facility B Letters of Credit, Facility B Protective Advances and Facility B Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility B Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility B Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility B Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility B Commitments is $200,000,000.

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

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

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).