Term E Commitment definition

Term E Commitment means, as to each Term E Lender, its obligation to make a Term E Loan to the Borrower pursuant to Section 2.01(e), in the principal amount set forth opposite such ▇▇▇▇▇▇’s name on Schedule 2.01. The aggregate principal amount of the Term E Commitments of all of the Term E Lenders as in effect on the Term E Effective Date is TWO MILLION DOLLARS ($2,000,000).
View Source
Term E Commitment means, with respect to any Lender, the obligation of such Lender to make Term E Loans pursuant to the terms and conditions of this Agreement, and which shall not exceed the principal amount set forth opposite such Lender's name under the heading "Term E Commitment" on Annex I hereto and "Term E Commitments" means the aggregate principal amount of the Term E Commitments of all the Lenders, the maximum principal amount of which shall not exceed $31,590,000.
View Source

Examples of Term E Commitment in a sentence

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

  • The 2017 Term E Commitment of each 2017 Term E Lender shall automatically terminate upon the making of the 2017 Term E Loans on the Third Restatement Effective 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.

  • On the Effective Date, each Lender with a Term E Commitment (each such Lender being a "Term E Lender" and collectively being the "Term E Lenders") agrees to extend a term loan to the Borrower in an amount equal to such Term E Lender's Pro Rata Share of the aggregate Term E Commitments (relative to each such Lender, its "Term E Loan").

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

Related to Term E Commitment

  • Term Commitment means, as to each Term Lender, its obligation to make Term Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term Lender’s name on Schedule 2.01 under the caption “Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Dollar Commitment means, with respect to each Dollar Lender, the commitment of such Dollar Lender to make Syndicated Loans, and to acquire participations in Letters of Credit and Swingline Loans, denominated in Dollars hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolving Dollar Credit Exposure hereunder, as such commitment may be (a) reduced or increased from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Dollar Commitment is set forth on Schedule 1.01(b), or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Dollar Commitment, as applicable. The aggregate amount of the Lenders’ Dollar Commitments as of the First Amendment Effective Date is $115,000,000.

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.