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.
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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".
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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.
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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.

  • 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.

  • Subject to the terms and conditions set forth in this Credit Agreement, each Lender agrees to lend to the Borrowers on the Closing Date the amount of its Term B Commitment Percentage of the principal amount of $5,000,000.

  • 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.

  • Subject to the terms and conditions set forth in Section 4.1.3 and Section 13.2, each Bank agrees to lend to the Borrower on the Second Closing Date the amount of its Term B Commitment Percentage of the principal amount determined pursuant to Section 4.1.3. The Term B Loan shall be made only on the Second Closing Date.


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).
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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.
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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.
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Term B Commitment Percentage means the Existing Term B Commitment Percentage and/or the Additional Term B Commitment Percentage, as the context may require.
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Term B Commitment Percentage is hereby amended to read in full is follows:
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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.
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Term B Commitment Percentage means the Existing Term B Commitment Percentage and/or the Additional Term B Commitment Percentage, as the context may
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