Term C Loan Commitment definition

Term C Loan Commitment is defined in clause (c) of Section 2.1.1.
Term C Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term C 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 C Loan Commitments of the Lenders aggregate $100,000,000 on the First Amendment Closing Date.
Term C Loan Commitment means, for any Lender, the obligation of such Lender to make a Term C Loan, up to the principal amount shown on Schedule 1.1. “Term C Loan Commitments” means the aggregate amount of the Term C Loan Commitments of all Lenders.

Examples of Term C Loan Commitment in a sentence

  • It is in this vein that semantics play a key role, especially in the joint military environment.

  • Subject to the terms and conditions hereof, each Term C Lender severally agrees to make to the Borrower, and the Borrower may request, on the Closing Date, term loans in an aggregate principal amount of such Lender’s Closing Date Term C Loan Commitment.

  • The Borrower may make only one borrowing under the Term C Loan Commitment, which will be on the Closing Date.

  • The Agents shall have received executed counterparts of this Amendment Agreement, duly executed and delivered on behalf of each of the Borrower, the Parent Guarantors and the Required Lenders (which shall include (a) those Lenders holding greater than 50% of the aggregate amount of the Loans outstanding under each Tranche and (b) each Lender that has an Additional Term C Loan Commitment).

  • Each Lender’s Term C Loan Commitment shall terminate immediately and without further action on the Closing Date after giving effect to the funding of such Lender’s Term C Loan Commitment on such date.


More Definitions of Term C Loan Commitment

Term C Loan Commitment shall have the meaning set forth in the Credit Agreement.
Term C Loan Commitment means, with respect to a Lender, the obligation of such Lender to make Term C Loans pursuant to the terms and conditions of this Agreement, and which shall not exceed the principal amount set forth opposite such Lender’s name on the signature pages hereof; “Term C Loan Commitments” means the aggregate principal amount of the Term C Loan Commitments of all the Lenders, which amount shall not exceed $30,000,000.
Term C Loan Commitment. Address for Notices: U.S. Bank 0% 0000 Xxxx Xxxxxx, Xxxxx 000 Xxx Xxxxx, XX 00000 Facsimile No.: (000) 000-0000 Attention: Xxxxx X. Xxxxxx 177
Term C Loan Commitment means, with respect to any Lender, such Lender’s Closing Date Term C Loan Commitment or such Lender’s Delayed Draw Term C Loan Commitment, and “Term C Loan Commitments” shall mean such commitments of all Lenders.
Term C Loan Commitment means the commitment of a Lender to make or otherwise fund a Term C Loan and “Term C Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Term C Loan Commitment, if any, is set forth on Appendix A-2. The aggregate amount of the Term C Loan Commitments as of the Closing Date is $0 (it being understood that the Borrower elected to reduce the aggregate amount of the Term C Loan Commitments to $0 by notice to the Administrative Agent after the pricing and allocation of the Initial Term B Loans in connection with the primary syndication thereof and prior to the Closing Date).
Term C Loan Commitment means, in relation to a Bank, the principal amount described as such set opposite its name in Schedule 1 (The Banks) or set out under the heading "Amount of Commitment Transferred" in the Schedule to any relevant Transfer Certificate, in each case, as reduced or cancelled in accordance with this Agreement.
Term C Loan Commitment means with respect to each Lender, the commitment of such Lender to make Term C Loans as set forth in Section 2.01(a) or Incremental Term Loans in the form of Term C Loans as set forth in Section 2.01(b). The initial amount of each Lender’s Term C Loan Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Term C Loan Commitment (or its Incremental Term Commitment), as applicable. The aggregate amount of the Term C Loan Commitments on the Effective Date is $300.0 million.