Term Loan A-3 Commitment definition

Term Loan A-3 Commitment means, as to each Lender, its obligation to make its portion of the Term Loan A-3 to the Borrower on the Third Amendment Effective Date pursuant to Section 2.01(d), in the principal amount set forth opposite such Lender’s name on Schedule 2.01; provided that if the Term Loan A-3 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-3 Commitment shall expire. The aggregate principal amount of the Term Loan A-3 Commitments of all Lenders as in effect on the Third Amendment Effective Date is $125,000,000.
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Term Loan A-3 Commitment means, as to each Lender, its obligation to make its portion of the Term Loan A-3 to Interface Netherlands Manufacturing pursuant to Section 2.01(d), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term Loan A-3 Commitments of all of the Lenders as in effect on the Signing Date is Sixty Million Euros (€60,000,000).
Sample 1
Term Loan A-3 Commitment means, as to each Lender, its obligation to make Term Loan A-3 Advances to the Borrowers pursuant to Section 2.01(d), in an aggregate original principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1.01A-2 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. The initial aggregate amount of the Term Loan A-3 Commitments as of the Closing Date is equal to the Term Loan A-3 Maximum Availability Amount.
Sample 1

Examples of Term Loan A-3 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-3”) to the Borrower in Dollars, on any Business Day from the Third Amendment Effective Date to the date that is 30 days subsequent thereto but in no event later than October 10, 2015, in an amount equal to such Lender’s Term Loan A-3 Commitment; it being understood that the Term Loan A-3 must be drawn in one Borrowing.

  • The Term Loan A3 Commitment Fee shall accrue from September 30, 2007 to, and shall be payable in full to the Agent on, the earliest to occur of (1) the Term Loan A3 Commitment Termination Date, (2) the second Term Loan A3 Funding Date, (3) the date upon which the full amount of the Term Loan A3 has been drawn or (4) any other date upon which the commitments of the Lenders to make the loans under the Term Loan A3 expire or terminate, regardless of whether any drawing has occurred thereunder.

  • The unused commitments of the Lenders with respect to the Term Loan A3 shall expire on the Term Loan A3 Commitment Termination Date.

  • The Unused Term Loan A-3 Commitment Fee provided in this Section 2.06(b) shall accrue at all times during the period beginning on the Closing Date and ending on the last day of the Term Loan A-3 Availability Period and shall be payable monthly in arrears on the fifteenth day of each calendar month (or in the event that any such payment date is not a Business Day, on the immediately following Business Day) following the Closing Date and on the last day of the Term Loan A-3 Availability Period.

  • Subject to the terms and conditions set forth herein, each Lender having a Term Loan A-3 Commitment severally agrees to make its portion of a term loan (the “Term Loan A-3”) to Interface Netherlands Manufacturing in Euros on the Restatement Date in an amount not to exceed such Lender’s Term Loan A-3 Commitment.

  • Each Term Loan A-3 Lender hereby agrees to, severally and not jointly, provide to the Successor Borrower its Term Loan A-3 Commitment set forth on Schedule 1 attached hereto opposite the name of such Term Loan A-3 Lender under the heading “Term Loan A-3” (the “Term Loan A-3 Commitment”), subject to the terms and conditions of this Amendment and the Amended Credit Agreement (the “Term Loan A-3 Facility”).

  • All (x) Base Rate Loans shall be made in a minimum amount of $500,000 and an integral multiple of $100,000 (other than in the case of a borrowing in the amount of the entire remaining Term Loan A-2 Commitment or Term Loan A-3 Commitment), and (y) LIBOR Loans shall be made in a minimum amount of $1,000,000 and an integral multiple of $500,000 (other than in the case of a borrowing in the amount of the entire remaining Term Loan A-2 Commitment or Term Loan A-3 Commitment).

  • Effective on the Closing Date, without constituting a novation, each Term Loan of an Extending Lender outstanding immediately prior to the Closing Date, together with the additional Term Loan A-3 made by any Increasing Lender pursuant to the Additional Term Loan A-3 Commitment of such Increasing Lender on the Closing Date, shall constitute the “Term Loan A-3”, a single, undivided term loan outstanding under, and for all purposes of, the Credit Agreement and the other Loan Documents.

  • The Additional Term Loan A-3 Commitment of each Increasing Lender will terminate on the Closing Date upon the making of the additional Term Loan A-3 by such Increasing Lender pursuant to Section 2.5(c).


More Definitions of Term Loan A-3 Commitment

Term Loan A-3 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-3 Commitments” means the aggregate Term Loan A-3 Commitments of all of the Term Loan A-3 Lenders. The aggregate amount of Term Loan A-3 Commitments on the Third Amendment Effective Date is $225,000,000.
Sample 1

Related to Term Loan A-3 Commitment

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Loan Commitment means a statement transmitted in writing or electronically by a mortgage lender setting forth the terms and conditions upon which the mortgage lender is willing to make a particular residential mortgage loan to a particular borrower.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • 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 Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.