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, with respect to each Lender, the percentage equal to a fraction the numerator of which is the amount of such Lender’s Term Commitment and the denominator of which is the aggregate amount of the Term Commitments of the Lenders.

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.

Examples of Term Commitment Percentage in a sentence

Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make a single loan to the Borrower on the Closing Date in an amount not to exceed such Term Lender’s Term Commitment Percentage of the Term Facility.
The Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Applicable Term Commitment Percentage.
The Term Loans shall be made pro rata in accordance with each Term Lender’s Term Commitment Percentage.
With respect to any Lender of any Class, such Lender’s Revolving Credit Commitment Percentage or Term Commitment Percentage, as applicable, for such Class.
With respect to each Lender, its Revolving Credit Commitment Percentage or Term Commitment Percentage, as applicable.

More Definitions of Term Commitment Percentage

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 as to any Term Lender at any time, the percentage which such Term Lender's Term Loan Commitment constitutes of the aggregate Term Loan Commitments of all Term Loan 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.

Term Commitment Percentage means with respect to each Term Lender, that percentage of the Term Commitments of all Term Lenders hereunder in the amount set forth opposite its name on SCHEDULE 1.1 hereto or as may subsequently be set forth in the Register from time to time, as the same may be reduced from time to time pursuant to Section 2.15.