Term Loan Commitment Termination Date definition

Term Loan Commitment Termination Date means the earliest to occur of (a) the Amendment No. 9 Effective Date, (b) the date the Term Loan Commitments are permanently reduced to zero pursuant to 2.01(b) and (c) the date of the termination of the Term Loan Commitments pursuant to Section 9.01.

Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.

Term Loan Commitment Termination Date means, as the context may require, the Term-A Loan Commitment Termination Date or the Term-B Loan Commitment Termination Date.

Examples of Term Loan Commitment Termination Date in a sentence

• All Unused Commitment Fees shall be payable quarterly in cash on the first Business Day of each calendar quarter (in arrears through the last day of the immediately preceding quarter) and on the Term Loan Commitment Termination Date.

• Accruing from the Closing Date until the Term Loan Commitment Termination Date, the Borrowers agree to pay to the Lender a nonrefundable unused commitment fee (the “Unused Commitment Fee”) equal to the Unused Commitment Fee Rate (computed on the basis of a year of 360 days and actual days elapsed) multiplied by the average daily difference between (i) the Term Loan Amount and (ii) the aggregate principal amount of Term Loans actually funded under the Term Loan Facility.

• Accruing from the Closing Date until the Term Loan Commitment Termination Date, the Borrowers agree to pay to the Lender a nonrefundable unused commitment fee (the “Unused Commitment Fee”) equal to the Unused Commitment Fee Rate (computed on the basis of a year of 360 days and actual days elapsed) multiplied by the average daily difference between (i) the Term Loan Amount and (ii) the aggregate principal amount of Term Loans actually funded under the Term Loan Facility.

• The Lender’s Delayed Draw Term Loan Commitment shall automatically be reduced concurrently with, and in the principal amount of, each Delayed Draw Term Loan made by the Lender, and any remaining unfunded Delayed Draw Term Loan Commitments of Lender shall terminate on the Delayed Draw Term Loan Commitment Termination Date.

• The Lender agrees, on the terms and conditions contained in this Agreement, to make one or more Loans to the Borrower at any time prior to the Term Loan Commitment Termination Date in an aggregate principal amount not exceeding $75 million.

More Definitions of Term Loan Commitment Termination Date

Term Loan Commitment Termination Date means the earliest of

Term Loan Commitment Termination Date means the earliest of (a) the close of business on October 31, 2002, as such date may be extended from time to time as agreed to in writing by Borrower and Lender, (b) the date 30 days after the date Borrower makes an initial public offering of any of its capital stock, (c) the date 30 days after the commencement of Early Amortization, and (d) the date the obligation of Lender to make further Term Loan Advances hereunder is terminated pursuant to Section 8.2 below.

Term Loan Commitment Termination Date means August 19, 2022.

Term Loan Commitment Termination Date means the Closing Date (immediately after the making of the Term Loans on such date). Upon the occurrence of such event, the Term Loan Commitments shall terminate automatically and without any further action.

Term Loan Commitment Termination Date means December 31, 2010.

Term Loan Commitment Termination Date means the earlier of

Term Loan Commitment Termination Date has the meaning set forth in Section 1.5.