Term Commitments definition

Term Commitments means a Term B Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.

Term Commitments means each Lender’s Initial Term Commitments and Incremental Term Commitments.

Term Commitments means the Term A Commitments and the Term B Commitments.

Examples of Term Commitments in a sentence

• Each of the parties hereto hereby agrees that, upon the effectiveness of any Refinancing Amendment, this Agreement shall be deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Credit Agreement Refinancing Indebtedness incurred pursuant thereto (including any amendments necessary to treat the Loans and Commitments subject thereto as Other Term Loans, Other Revolving Loans, Other Revolving Commitments and/or Other Term Commitments).

• Each payment (including prepayment) on account of any fee and any reduction of the Term Loans shall be made pro rata according to the Term Commitments of the relevant Lender.

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

• Each payment (including prepayment) on account of any fee and any reduction of the Term Loan Advances shall be made pro rata according to the Term Commitments of the relevant Lender.

• The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments.

More Definitions of Term Commitments

Term Commitments means, collectively, the Tranche A Term Commitments, the Tranche B Term Commitments and any commitments to make Incremental Term Loans.

Term Commitments means an Initial Term Commitment, Delayed Draw Term Commitment or a commitment in respect of any Incremental Term Loan or any combination thereof, as the context may require.

Term Commitments means the Tranche A Term Loan Commitments and the Tranche B Term Loan Commitments.

Term Commitments means the commitment of a Term Lender to make Term Loans, including Initial Term Loans, Term B-1 Loans and/or Other Term Loans.

Term Commitments means each of the U.S. Term A Commitments, U.S. Term B Commitments, Canadian Term A Commitments, Yen Term C Commitments and, if applicable, New Term Commitments with respect to any Series.

Term Commitments means, as to each Term Lender, its obligation to make a Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount specified opposite such Lender’s name in Schedule 2.01 hereto under the caption “Term Commitment” or in the Assignment and Assumption Agreement pursuant to which such Term Lender becomes a party hereto, as applicable, as such commitment may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to (i) assignments by or to such Term Lender pursuant to an Assignment and Assumption Agreement, (ii) an Incremental Amendment, (iii) a Refinancing Amendment or (iv) an Extension. The initial amount of each Term Lender’s Commitment is specified in Schedule 2.01 hereto under the caption “Term Commitment” or, otherwise, in the Assignment and Assumption Agreement, Incremental Amendment, Refinancing Amendment or Extension Amendment, pursuant to which such Lender shall have assumed its Commitment, as the case may be. The initial aggregate amount of the Term Commitments is $1,000,000,000.

Term Commitments means each of the Initial Term Commitments and, if applicable, New Term Commitments with respect to any Series.