Term Commitment Percentage definition

Term Commitment Percentage means, for each Lender, the percentage of the aggregate Term Commitments represented by such Lender’s Term Commitment at such time and identified as its Term Commitment Percentage on Schedule 2.01, as such percentage may be (i) increased pursuant to Section 2.15 or reduced pursuant to Section 2.10 and (ii) modified in connection with any Assignment and Assumption made in accordance with the provisions of Section 10.06(b).
Term Commitment Percentage means, for each Lender, the percentage of the aggregate Term Commitments represented by such Lender’s Term Commitment at such time and identified as its Term Commitment Percentage on Schedule 2.01, as such percentage may be (i) increased pursuant to Section 2.13 and (ii) modified in connection with any Assignment and Assumption made in accordance with the provisions of Section 10.06(b).
Term Commitment Percentage means, for any Lender, the proportion (stated as a percentage) that its Term Commitment bears to the total Term Commitments of all Lenders.

Examples of Term Commitment Percentage in a sentence

  • The Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Applicable Term Commitment Percentage.

  • Subject to the terms and conditions set forth herein, each Term Lender is deemed to have made a term loan (each such loan, a “Term Loan”) to the Borrowers on the Closing Date in an amount not to exceed such Term Lender’s Term Commitment Percentage of the Term Facility.

  • With respect to any Lender of any Class, such Lender’s Revolving Credit Commitment Percentage or Term Commitment Percentage, as applicable, for such Class.

  • Russia and China have been able to overcome ideological differences from the past and have established a well-working partnership.

  • Each Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Applicable Term Commitment Percentage.


More Definitions of Term Commitment Percentage

Term Commitment Percentage means, as to each Term Lender, (a) prior to the making of the Term Loan on the Effective Date, the ratio, expressed as a percentage, of (i) the amount of such Lender’s Term Commitment to (ii) the aggregate amount of the Term Commitments of all Term Lenders hereunder and (b) after the making of the Term Loan on the Effective Date, the ratio expressed as a percentage, of (i) the unpaid principal amount of such Term Lender’s Term Loan to (ii) the aggregate unpaid principal amount of all Term Loans.
Term Commitment Percentage means, for each Lender, the percentage of the aggregate Term Commitments represented by such Lender’s Term Commitment at such time and identified as its Term Commitment Percentage on Schedule 2.01, as such percentage may be (i) increased pursuant to
Term Commitment Percentage means, for each Lender, (i) with respect to Original Term Loans, the percentage of the aggregate Term Commitments represented by such Lender’s Term Commitment at such time and identified as its Term Commitment Percentage on Schedule 2.01,2.01 and (ii) with respect to the Committed Tranche 1 Term Loan of the Additional Tranche 1 Term Lender, 100%, in the case of each of clauses (i) and (ii) as such percentage may be (ia) increased pursuant to Section 2.15 or reduced pursuant to Section 2.10 and (iib) modified in connection with any Assignment and Assumption made in accordance with the provisions of Section 10.06(b).
Term Commitment Percentage means, with respect to each Bank, the Term A-1 Commitment Percentage of such Bank, the Term A-2 Commitment Percentage of such Bank or the Term B Commitment Percentage of such Bank, as applicable.
Term Commitment Percentage means, for each Lender, (i) with respect to Original Term Loans, the percentage of the aggregate Term Commitments represented by such Lender’s Term Commitment at such time and identified as its Term Commitment Percentage on Schedule 2.01 and(as of the Closing Date), (ii) with respect to the Committed Tranche 1 Term Loan of the Additional Tranche 1 Term Lender, 100%, (iii) with respect to the Amendment No. 2
Term Commitment Percentage means, for any Lender and at any time, the proportion (stated as a percentage) that its Term Commitment bears to the total Term Commitments of all the Lenders.
Term Commitment Percentage means for each Bank the percentage derived by dividing its Term Commitment at the time of the determination by the Term Commitments of all Banks at the time of determination. The Term Commitment Percentage of each Bank hereunder shall be adjusted from time to time to reflect assignments made by such Bank pursuant to Section 28 hereof.