Term B Commitment Percentage definition

Term B Commitment Percentage means, for each Lender, the percentage (carried out to the ninth decimal place) identified as its Term B Commitment Percentage on Schedule 2.01.

Term B Commitment Percentage means, with respect to any Lender, the ratio, expressed as a percentage, of (a) the Term B Loan Commitment of such Lender, divided by (b) the aggregate Term B Loan Commitments of all of the Lenders. As of the Agreement Date, the Term B Commitment Percentage of each Lender is set forth on Schedule 1 to the Lender Addendum delivered by such Lender under the caption "Term B Commitment Percentage".

Term B Commitment Percentage means, for each Lender, the percentage identified as its Term B Commitment Percentage on SCHEDULE 1.01A, as such percentage may be (i) reduced pursuant to SECTION 2.11(b) and (ii) modified in connection with any assignment made in accordance with the provisions of SECTION 10.06(b). "TERM B COMMITTED AMOUNT" means US$1,100,000,000.

Examples of Term B Commitment Percentage in a sentence

• Upon the request of any Lender, (i) a Revolving Note shall be issued by the Borrower to the order of such Lender in accordance with such Lender's Revolving Commitment Percentage, and (ii) a Term B Note shall be issued by the Borrower to the order of such Lender in accordance with such Lender's Term B Commitment Percentage.

• According to Maslow’s theory, a need is a prospective motivator in anticipation of it has been contented.

• Upon the request of any Lender, (i) a Revolving Note shall be issued by the Borrowers, on a joint and several basis, to the order of such Lender in accordance with such Lender's Revolving Commitment Percentage, and (ii) a Term B Note shall be issued by the Borrowers, on a joint and several basis, to the order of such Lender in accordance with such Lender's Term B Commitment Percentage.

• Each borrowing by the Borrower from the Lenders hereunder, and any reduction of the Aggregate Revolving Loan Commitment, the Aggregate Multiple-Draw Term Commitment or the Aggregate Incremental Loan Commitment, shall be made pro rata according to the respective Revolving Loan Commitment Percentage, Multiple-Draw Term Commitment Percentage, Term B Commitment Percentage and Incremental Commitment Percentage, as applicable, of the applicable Lenders.

• The Borrower shall pay to the Administrative Agent for the account of each Term B Lender with a Delayed Draw Term B Commitment a fee on such Term B Lender’s Delayed Draw Term B Commitment Percentage of the daily Unused Delayed Draw Term B Committed Amount, computed at a per annum rate for each day equal to 1.50% of such Unused Delayed Draw Term B Committed Amount.

More Definitions of Term B Commitment Percentage

Term B Commitment Percentage means, for each Term B Lender, the percentage obtained by taking the outstanding principal balance of the Term B Loans held by such Lender and dividing same by the aggregate outstanding principal balance of the Term B Loans of all Lenders, as such percentage is identified for each Lender as its Term B Commitment Percentage in the Register, or in the applicable Assignment and Acceptance, as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 10.06(b) or the funding of Term B-3 Loans pursuant to Section 2.01(d).

Term B Commitment Percentage means, with respect to each Bank, a fraction (expressed as a percentage) the numerator of which is the aggregate amount of the Term B Loans of such Bank at such time and the denominator of which is the aggregate amount of the Term B Facility at such time. The Term B Commitment Percentage of each Bank on the Third Amendment Effective Date is set forth on Schedule 2.1.

Term B Commitment Percentage with respect to each Term B Lender, the percentage equivalent of the ratio which such Term B Lender’s Term B Commitment (or, if such Commitment has expired, Term B Loan) bears to the Aggregate Term B Commitment (or Term B Loans), as such Term B Lender’s Term B Commitment (or Term B Loan) and the Aggregate Term B Commitment (or Term B Loans) may be adjusted from time to time pursuant to the terms hereof.

Term B Commitment Percentage with respect to each Term B Lender, the percentage equivalent of the ratio which such Term B Lender's Term B Commitment bears to the Aggregate Term B Commitment.

Term B Commitment Percentage means the Existing Term B Commitment Percentage and/or the Additional Term B Commitment Percentage, as the context may require.

Term B Commitment Percentage is hereby amended to read in full is follows:

Term B Commitment Percentage means, for each Lender, (i) prior to the First Amendment Effective Date the percentage (carried out to the ninth decimal place) identified as its Term B Commitment Percentage on Schedule 2.01 or (ii) on and after the First Amendment Effective Date, the percentage (carried out to the ninth decimal place) (A) identified pertinent to its Conversion Commitment Percentage on Schedule I to the First Amendment and/or (B) identified pertinent to its Additional Term B Commitment Percentage on Schedule I to the First Amendment, in each case as such percentage may be adjusted pursuant to Section 2.10 or modified in connection with any assignment made in accordance with the provisions of Section 10.07(b).”