Term Loan B Commitments definition

Term Loan B Commitments means the several obligations of the Lenders having a Term Loan B Commitment to advance to the Borrower an aggregate amount of up to $237,500,000 at any time outstanding, in accordance with their respective Commitment Ratios for Term Loan B Loans pursuant to the terms hereof, and as such obligations may be reduced from time to time pursuant to the terms hereof; and "TERM LOAN B COMMITMENT" shall mean the individual commitment of each such Lender to advance Term Loan B Loans hereunder.
Term Loan B Commitments means such commitments of all Lenders in the aggregate.
Term Loan B Commitments means, relative to any Term Loan B Lender, such Lender’s obligation to make Term Loan B Loans pursuant to Section 2.01(b), expressed as a Dollar amount representing the maximum aggregate permitted amount of such Lender’s Term Loan B Loans hereunder. The initial Dollar amount of each Lender’s Term Loan B Commitment is set forth in Schedule 2.01 or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Term Loan B Commitment, as applicable. The aggregate amount of the Term Loan B Commitments of all Lenders as of the Closing Date is U.S.$200.0 million.

Examples of Term Loan B Commitments in a sentence

  • The sum of the Term Loan B Commitments of the Term Loan B Lenders, as in effect from time to time.

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

  • The proportionate share set forth below opposite each Lender's name is herein called such Lender's "Term Loan B Pro Rata Share": (Term Loan B Commitments).

  • The Borrower has taken all necessary organizational action under its constitutive documents to authorize the extensions of credit under the Term Loan B Commitments on the terms and conditions of this Agreement.

  • No part of the proceeds of any Term Loan B Loans, and no other extensions of credit under the Term Loan B Commitments, will be used for “buying” or “carrying” any “margin stock” within the respective meanings of each of the quoted terms under Regulation U as now and from time to time hereafter in effect or for any purpose that violates the provisions of the Regulations of the Board.


More Definitions of Term Loan B Commitments

Term Loan B Commitments means the aggregate portion of the Term Loan B Commitments held by the Lenders, as set forth on Schedule 1 attached hereto not to exceed $400,000,000.00 in the aggregate; and “Term Loan B Commitment” shall mean the individual commitment of each such Lender.
Term Loan B Commitments means the aggregate portion of the Term Loan B Commitments held by the Lenders holding Term Loan B Loans, as set forth on Schedule 7 attached hereto, which portion shall be reduced in an amount equal to reductions of the Term Loan B Loans made from time to time, pursuant to the terms hereof; and "Term Loan B Commitment" shall mean the individual commitment of each such Lender holding Term Loan B Loans.
Term Loan B Commitments means such commitments of all Lenders in the aggregate. The aggregate amount of the Term Loan B Commitments as of the Effective Date was $100,000,000. “Term Loan B Exposure” shall mean, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loan B of such Lender. “Term Loan B Commitment Termination Date” shall mean the earlier to occur of (a) the date of the termination of the Term Loan B Commitments pursuant to Section 8.2, and (b) the second anniversary of the Effective Date. “Term Loan C” shall mean a term loan made by a Lender to the Borrower pursuant to Section 2.1(a)(iii) or all of the term loans made by the Lenders to the Borrower pursuant to Section 2.1(a)(iii), as the context requires. Term Loan C was repaid in full on the Seventh Amendment Effective Date. “Term Loan Commitment” shall mean the Term Loan A Commitment, the Term Loan B Commitment or the Incremental Term Loan Commitment (if any) of a Lender, and “Term Loan Commitments” means such commitments of all Lenders. “Third Amendment Effective Date” shall mean November 26, 2019. “Third Amendment Existing Term Loan Indebtedness” shall have the meaning specified therefor in Section 2.1.
Term Loan B Commitments means such commitments of all Lenders in the aggregate. The aggregate amount of the Term Loan B Commitments as of the Effective Date was $100,000,000. “Term Loan B Exposure” shall mean, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loan B of such Lender. “Term Loan B Commitment Termination Date” shall mean the earlier to occur of (a) the date of the termination of the Term Loan B Commitments pursuant to Section 8.2, and (b) the second anniversary of the Effective Date. “Term Loan C” shall mean a term loan made by a Lender to the Borrower pursuant to Section 2.1(a)(iii) or all of the term loans made by the Lenders to the Borrower pursuant to Section 2.1(a)(iii), as the context requires. Term Loan C was repaid in full on the Seventh Amendment Effective Date. “Term Loan Commitment” shall mean the Term Loan A Commitment, the Term Loan B Commitment or the Incremental Term Loan Commitment (if any) of a Lender, and “Term Loan Commitments” means such commitments of all Lenders. “Third Amendment Effective Date” shall mean November 26, 2019. “Third Amendment Existing Term Loan Indebtedness” shall have the meaning specified therefor in Section 2.1. “UCC Filing Authorization Letter” shall mean a letter duly executed by the Borrower authorizing the Agent to file appropriate financing statements on Form UCC-1 without the signature of the Borrower in such office or offices as may be necessary or, in the opinion of the Agent, desirable to perfect the security interests purported to be created by the Security Agreement. “Uniform Commercial Code” or “UCC” shall mean the Uniform Commercial Code as in effect in any applicable state; provided that, unless specified otherwise or the context otherwise requires, such terms shall refer to the Uniform Commercial Code as in effect in the State of New York. “Unit” shall mean an individual unit (i.e., wardrobe and similar merchandise) owned by the Borrower and currently available for rent or held for sale. “U.S. Person” shall mean any Person that is a “United States Person” as defined in Section 7701(a)(30) of the Internal Revenue Code.
Term Loan B Commitments means all such commitments collectively, which commitments equal $575,000,000 in the aggregate as of the First Incremental Amendment Effective Date.
Term Loan B Commitments means such commitments of all Lenders in the aggregate. The aggregate amount of the Term Loan B Commitments as of the Closing Date is $400,000,000.
Term Loan B Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Term Loan B Commitment, if any, is set forth on Annex I or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Term Loan B Commitments as of the Effective Date iswas $100,000,000.