Term Loan A-1 Commitment means, as to each Lender, its obligation to make its portion of the Term Loan A-1 to the Borrower on the Closing Date pursuant to Section 2.01(b), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term Loan A-1 Commitments of all Lenders as in effect on the Closing Date is $240,000,000.
Term Loan A-1 Commitment means, as to any Lender at any time, the amount initially set forth opposite its name on Schedule 1.1(A), as such Commitment is thereafter assigned or modified and “Term Loan A-1 Commitments” means the aggregate Term Loan A-1 Commitments of all of the Term Loan A-1 Lenders.
Term Loan A-1 Commitment has the meaning specified in the definition of Term Loan Commitment.
Examples of Term Loan A-1 Commitment in a sentence
Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Term Loan A-1”) to the Borrower in Dollars, on the Closing Date, in an amount equal to such Lender’s Term Loan A-1 Commitment; it being understood that the Term Loan A-1 must be drawn in one Borrowing.
The Total Term Loan A-1 Commitment shall terminate at 5:00 p.m. (New York City time) on the Term Loan A-1 Commitment Termination Date.
Once reduced, the Total Term Loan A Commitment, Total Term Loan A-1 Commitment and Total Term Loan B Commitment may not be increased.
Upon any reduction of the Delayed Draw Term Loan A-1 Commitments, the Delayed Draw Term Loan A-1 Commitment of each Lender shall be reduced by such Lender’s Applicable Percentage of such reduction amount.
Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Term Loan A-1”) to the Borrower in Dollars, on the Closing Date, in an aggregate amount not to exceed such Xxxxxx’s Term Loan A-1 Commitment; it being understood that the Term Loan A-1 must be drawn in one Borrowing.
More Definitions of Term Loan A-1 Commitment
Term Loan A-1 Commitment means, as to any Lender at any time, the amount initially set forth opposite its name on Schedule 1.1(A), as such Commitment is thereafter assigned or modified and “Term Loan A‑1 Commitments” means the aggregate Term Loan A‑1 Commitments of all of the Term Loan A‑1 Lenders.
Term Loan A-1 Commitment means, as to each Lender (a) its obligation to make its portion of $310,000,000 of the Term Loan A-1 to the Borrower on the Closing Date pursuant to Section 2.01(b), in the principal amount set forth opposite such Lender’s name on Schedule 2.01 (the “Closing Date Term Loan A-1 Commitment”) and (b) its obligation to make its portion of $65,000,000 of the Term Loan A-1 during the Availability Period pursuant to Section 2.01(b), in the principal amount set forth opposite such Lender’s name on Schedule 2.01 (the “Delayed Draw Term Loan A-1 Commitment”). The aggregate principal amount of the Term Loan A-1 Commitments of all Lenders as in effect on the Closing Date is $375,000,000.
Term Loan A-1 Commitment means, as to each Lender, its obligation to make its portion of the Term Loan A-1 to the Borrower on the Third Amendment Effective Date pursuant to Section 2.01(b), in the principal amount set forth opposite such Lender’s name on Schedule 2.01; provided that if the Term Loan A-1 is not drawn on or before the earlier of (a) 30 days after the Third Amendment Effective Date and (b) October 10, 2015, the Term Loan A-1 Commitment shall expire. The aggregate principal amount of the Term Loan A-1 Commitments of all Lenders as in effect on the Third Amendment Effective Date is $100,000,000.
Term Loan A-1 Commitment has the meaning specified in the definition of Term Loan Commitment. “Term Loan Commitment” means, as to each Lender, (a) its obligation to make its portion of the Term Loan A-1 to the Borrower on the Closing Date pursuant to Section 2.01(b), in the principal amount set forth opposite such Lender’s name on Schedule 2.01 (the “Term Loan A-1 Commitment”) and (b) its obligation to make any portion of an Incremental Term Loan pursuant to Section 2.16. The aggregate principal amount of the Term Loan A-1 Commitments of all Lenders as in effect on the Closing Date is $165,000,000. “Term Loan A-1 Maturity Date” means, with respect to Term Loan A-1, January 31, 2027; provided, however, that if such date is not a Business Day, the Term Loan A-1 Maturity Date shall be the immediately preceding Business Day. “Term Loan A-1 Note” has the meaning specified in Section 2.11. “Term Loans” means Term Loan A-1 or any Incremental Term Loan, as the context may require. “Term Notes” means the Term Loan A-1 Note and any note in connection with an Incremental Term Loan. “Term SOFR Administrator” means CME Group Benchmark Administration Limited (CBA) (or a successor administrator of the Term SOFR Reference Rate selected by the Administrative Agent in its reasonable discretion). “Term SOFR Rate” means, with respect to any amount to which the Term SOFR Rate applies, for any Interest Period, the interest rate per annum equal to (the resulting number rounded upwards, at the Administrative Agent’s reasonable discretion, to the nearest 1/100th of 1%) the Term SOFR Reference Rate for a tenor comparable to such Interest Period, as such rate is published by the Term SOFR Administrator on the day (the “Term SOFR Determination Date”) that is two (2) Business Days prior to the first day of such Interest Period. If the Term SOFR Reference Rate for the applicable tenor has not been published or replaced with a Benchmark Replacement by 5:00 p.m. (Eastern Time) on the Term SOFR Determination Date, then the Term SOFR Reference Rate, for purposes of clause (A) in the preceding sentence, shall be the Term SOFR Reference Rate for such tenor on the first Business Day preceding such Term SOFR Determination Date for which such Term SOFR Reference Rate for such tenor was published in accordance herewith, so long as such first preceding Business Day is not more than three (3) Business Days prior to such Term SOFR Determination Date. The Term SOFR Rate shall be adjusted automatically without notice to the ...
Term Loan A-1 Commitment means, with respect to a Lender, the obligation of such Lender to make a Term Loan A-1 hereunder on the Closing Date in a principal
Term Loan A-1 Commitment means, as to each Lender, its obligation to make its portion of the Term Loan A-1 to the Borrower from time to time on any Business Day during the Term Availability Period pursuant to Section 2.01(b), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term Loan A-1 Commitments of all Lenders as in effect on the First Amendment Closing Date is $185,000,000. It is understood and agreed that any amount of Term Loan A-1 Commitments that is undrawn at the end of the Term Availability Period shall be automatically terminated.
Term Loan A-1 Commitment means, as to any Lender at any time, the amount initially set forth opposite its name on Schedule 1.1(A), as such Commitment is thereafter assigned or modified and “Term Loan A-1 Commitments” means the aggregate Term Loan A-1 Commitments of all of the Term Loan A-1 Lenders. “Term Loan A-1 Facility” means the multi-draw term loan facility established pursuant to Section 2.1(a). “Term Loan A-1 Lender” means each Lender having a Term Loan A-1 Commitment or holding a Term Loan A-1. “Term Loan A-1 Note” means a promissory note of the Borrower substantially in the form of Exhibit F-3 hereto payable to a Term Loan A-1 Lender evidencing its Term Loan A-1. “Term Loan A-1 Termination Date” means the earliest of (a) the Business Day immediately preceding the second anniversary of the Closing DateDecember 31, 2023, (b) the date on which the Borrower elects in its sole discretion by written notice to the Administrative Agent to terminate the remaining Term Loan A-1 Commitments and (c) the Maturity Date for the Term Loan A-1 Facility. “Term Loan A-2” has the meaning specified in Section 2.1(b) and “Term Loan A-2s” means, collectively, all of the Term Loan A-2s made by the Lenders pursuant to Section 2.1(b). “Term Loan A-2 Availability Period” means the period commencing on the Closing Date and ending on the Term Loan A-2 Termination Date. “Term Loan A-2 Commitment” means, as to any Lender at any time, the amount initially set forth opposite its name on Schedule 1.1(A), as such Commitment is thereafter assigned or modified and “Term Loan A-2 Commitments” means the aggregate Term Loan A-2 Commitments of all of the Term Loan A-2 Lenders. 44