Term D Commitment definition

Term D Commitment means, as to each Term D Lender, its obligation to make a Term D Loan to the Borrower pursuant to Section 2.01(d), in the principal amount set forth opposite such ▇▇▇▇▇▇’s name on Schedule 2.01. The aggregate principal amount of the Term D Commitments of all of the Term D Lenders as in effect on the Term D Effective Date is TWO MILLION DOLLARS ($2,000,000).

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Term D Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Term D Loan pursuant to clause (i) of Section 2.01(a) (or convert its Term C Loans pursuant to Section 1.04(b)) on the Restatement Effective Date, expressed as an amount representing the maximum principal amount of the Term D Loan to be made or converted by such Lender hereunder, as the same may be reduced from time to time pursuant to the provisions of this Agreement. The initial amount of the Term D Commitment of any Term C Lender which has consented to the amendment and restatement of the Restated Credit Agreement to occur on the Restatement Effective Date shall be equal to the principal amount of Term C Loans held by such Term C Lender on the Restatement Effective Date (unless such Term C Lender has committed, pursuant to a Lender Addendum, to provide a greater Term D Commitment, in which case such Term C Lender's Term D Commitment shall include any incremental amount set forth in such Lender Addendum) and the initial amount of each other Person with a Term D Commitment shall be the amount set forth in such Person's Lender Addendum. The initial aggregate amount of the Lenders' Term D Commitments is $425.0 million."; and

Term D Commitment means, with respect to any Term D Lender, the principal amount set forth opposite such Lender’s name on Schedule 1.1(a) hereto or in any Assignment and Assumption Agreement under the caption “Amount of Term D Commitment”, as such commitment may be adjusted from time to time pursuant to this Agreement, and “Term D Commitments” means such commitments collectively, which commitments equal $500,000,000 in the aggregate as of the First Amendment Effective Date.

Examples of Term D Commitment in a sentence

• Subject to the terms and conditions set forth herein, each Term D ▇▇▇▇▇▇ severally agrees to make a single loan to the Borrower, in Dollars, on the Term D Effective Date in an aggregate amount not to exceed such Term D ▇▇▇▇▇▇’s Term D Commitment.

• The 2021 Term D Commitment of each 2021 Term D Lender shall automatically terminate upon the making of the 2021 Term D Loans on the Third Restatement Effective Date.

• Each Term D Lender’s Term D Commitment shall expire immediately and without further action on the First Amendment Effective Date if the Term D Loans are not made on the First Amendment Effective Date.

• Term D Lender agrees to make a term loan (each, a “U.S. Term D Loan”) on the Amendment No. 4 Effective Date in Dollars to the U.S. Borrower in an amount equal to such Lender’s U.S. Term D Commitment.

• Each such Term D Lender will make its Term D Commitment Percentage of the funded amount of the Term D Borrowing available to the Administrative Agent for the account of the Borrowers at the New York office of the Administrative Agent specified in Section 9.01 prior to 10:00 a.m., New York City time, on the Restatement Effective Date in funds immediately available to the Administrative Agent.

• Each Term D Lender, severally and for itself alone, hereby agrees, on the terms and subject to the conditions hereinafter set forth and those set forth in the First Amendment and in reliance upon the representations and warranties set forth herein and in the other Loan Documents, to make a loan (each such loan, a “Term D Loan” and collectively, the “Term D Loans”) to Company on the First Amendment Effective Date in an aggregate principal amount equal to the Term D Commitment of such Term D Lender.

• Agent confirms receipt of the Term D Commitment Fee prior to the First Amendment Closing Date.

• The 2019 Term A Commitment of each 2019 Term A Lender, the 2017 Term E Commitment of each 2017 Term E Lender and the 2021 Term D Commitment of each 2021 Term D Lender shall, in each case, terminate in accordance with the Third Amendment and Restatement Agreement.

• By executing a Lender Addendum, each Person providing a Term D Commitment shall be deemed to have become a Term D Lender party hereto for all purposes hereof.

• Subject to the terms and conditions hereof, on the Restatement Effective Date, each Additional Lender with a Term D Commitment severally agrees to make a term loan to the Borrower on the Restatement Effective Date (an "Additional Term Loan") in an amount equal to its Additional Term Commitment.

More Definitions of Term D Commitment

Term D Commitment as to any Lender, the obligation of such Lender, if any, to make a Term Loan D to the Borrower in a principal amount not to exceed the amount set forth in the Conversion Notice or the Lender Addendum delivered by such Lender, as the case may be, or in the Assignment and Acceptance pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The aggregate principal amount of Term D Commitments on the Restatement Effective Date is $275,000,000.

Term D Commitment means, with respect to any Term D Lender, the amount set forth opposite such Lender's name on Schedule I hereto under the caption "Term D Commitment" or, if such Lender has entered into one or more Assignments and Acceptances, the aggregate set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(d) as such Lender's "Term D Commitment".

Term D Commitment means, with respect to any Term D Lender at any time, the aggregate amount set forth opposite such Lender’s name on Schedule 2 to the Amendment and Restatement Agreement under the caption “Term D Commitment”, or, if such Lender has entered into one or more Assignment and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 9.08(d) as such Lender’s “Term D Commitment”, as the case may be, in each case as such amount may be reduced at or prior to such time pursuant to Section 2.05.

Term D Commitment means to any Lender, the commitment of such Lender to make a Term D Loan pursuant to subsection 2.1(d). The amount of each Lender's Term D Commitment is set forth in Schedule 2.1. Term D Loan - see subsection 2.1(d).