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 (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
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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.


More Definitions of Term B-7 Commitment

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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Related to Term B-7 Commitment

  • Term B Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term B Loan on the Closing Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term B Loan Commitments of the Lenders aggregate $50,000,000 on the Closing Date.

  • 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.

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

  • Term B Commitment means, with respect to any Term B Lender at any time, the amount set forth opposite such Lender's name on Schedule I hereto under the caption "Term B Commitment" or, if such Lender has entered into one or more Assignments and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Lender's "Term B Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • 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.

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B-1 Loans and/or Other Term Loans.

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • 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).

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