Examples of Term C Loan Commitment Amount in a sentence
The Term C Loan of each Bank shall be evidenced by a Term C Note payable to the order of such Bank in the principal amount equal to such Bank's Term C Loan Commitment Amount.
Upon the Closing Date, each Bank shall make available to the Borrower a term loan (each being a “Term C Loan” and, collectively, the “Term C Loans”) in an amount by such Bank equal to its Term C Loan Commitment Amount, which Term C Loans shall refinance $18,000,000 of the Existing Revolving Loans Obligations.
The obligation of each Lender and the Agents to increase the Revolving Loan Commitment Amount or Additional Term C Loan Commitment Amount and make Credit Extensions in connection therewith, shall be subject to the satisfaction of each of the conditions precedent set forth in this Section 5.1.
The Administrative Agent shall have received, for the account of each Lender with a Term C Loan Commitment, a facility fee in an amount equal to 0.125% of the product of such Lender's Percentage of the Term C Loan Commitment Amount multiplied by the Term C Loan Commitment Amount.
AMENDMENT TO SECTION 1.1. The definition of "Term C Loan Commitment Amount" in Section 1.1 of the Credit Agreement is hereby amended by replacing the word "$100,000,000" with "$150,000,000".