Term Loan C Commitments definition

Term Loan C Commitments means the several obligations of the Lenders having a Term Loan Commitment to advance to the Borrower an aggregate amount of up to $237,500,000 at any one time outstanding, in accordance with their respective Commitment Ratios for Term Loan C 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 C COMMITMENT" shall mean the individual commitment of each such Lender to advance Term Loan C Loans hereunder.
Term Loan C Commitments means the aggregate Term Loan C Commitments of all Lenders. The aggregate Term Loan C Commitments as of the Closing Date equal $150,000,000.00.
Term Loan C Commitments means, with respect to all Lenders, the aggregate of the Term Loan C Commitment of all such Lenders;

Examples of Term Loan C Commitments in a sentence

  • Upon the occurrence of any Event of Default described in SECTIONS 7.1(F) or 7.1(G), the Term Loan C Commitments shall be immediately terminated and all of the Obligations, shall automatically become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration or other requirements of any kind, all of which are hereby expressly waived by Borrower, and the Term Loan C Commitments shall thereupon terminate.

  • Each Advance under the Term Loan C Commitment shall be made pro rata on the basis of the applicable Commitment Ratios of the Lenders having Term Loan C Commitments.

  • The agreement in the preceding sentence shall survive the termination of the Term Loan C Commitments and the payment in full of the Obligations.

  • Each such notice shall specify the date (an "INCREASE EFFECTIVE DATE") on which the Borrower proposes that the increased or new Term Loan C Commitments shall be effective, which date shall be a date not less than ten (10) Business Days after such request is delivered to the Agent.

  • Without prejudice to the survival of any other agreements contained herein, indemnification and reimbursement obligations contained herein (including pursuant to Sections 2.13, 2.14, 2.15 and 9.05) shall survive the payment in full of the principal and interest hereunder, and the termination of the Term Loan C Commitments or this Agreement.

  • The Lenders having Term Loan C Commitments agree severally, and not jointly, upon the terms and subject to the conditions of this Agreement to lend to the Borrower on the Agreement Date amounts which do not exceed, (i) in the aggregate at any one time outstanding, the Term Loan C Commitments and, (ii) individually, such Lender's Term Loan C Commitment; PROVIDED, HOWEVER, that amounts repaid under the Term Loan C Commitments may not be reborrowed.

  • With respect to any Advance under the Term Loan C Commitments, the Applicable Margin shall be as set forth in a certificate of the chief financial officer of the Borrower delivered to the Administrative Agent based upon the Total Leverage Ratio for the most recent fiscal quarter end for which financial statements are furnished by the Borrower to the Administrative Agent and each Lender as follows: A.

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

  • All Term Loan C Commitments shall terminate on the Closing Date promptly following the making of the Term Loans C.

  • The Borrower hereby acknowledges that all "Obligations" in respect of the "Term Loan C Loans" outstanding under the "Term Loan C Commitment" (as such terms are defined in the Prior Agreement) shall be deemed to have been made to the Borrower as Advances under the Term Loan C Commitments hereunder and shall constitute a portion of the Obligations.


More Definitions of Term Loan C Commitments

Term Loan C Commitments means the aggregate principal amount of the Term Loan C Commitments of all Lenders, the maximum amount of which shall be $1,479,187.60. Term Loan Commitments - means, collectively, the Term Loan A Commitments and the Term Loan C Commitments. Term Loans - mean collectively, Term Loan A and Term Loan C. Term Note A - shall have the meaning ascribed to it in SECTION 1.2.3 of the Agreement. Term Note C- shall have the meaning ascribed to it in SECTION 1.2.5 of the Agreement. Term Notes - means, collectively, each Term Note A and each Term Note C. Trademark Security Agreement - the Trademark Security Agreement executed by Borrower in favor of Agent on or before the Original Closing Date and by which Borrower assigned to Agent, for its benefit as Agent and for the Pro Rata benefit of Lenders, as security for the Obligations, all of Borrower's right, title and interest in and to all of its trademarks.
Term Loan C Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Term Loan C Commitment, if any, is set forth on Annex IV. The aggregate amount of the Term Loan C Commitments as of the Thirdwas repaid in full on the Seventh Amendment Effective Date is $30,000,000.
Term Loan C Commitments means the Term Loan C Commitments of all Lenders with a Term Loan C Commitment.