Total Term B Loan Commitment definition
Examples of Total Term B Loan Commitment in a sentence
In addition to any other mandatory commitment reductions pursuant to this Section 4.02, the Total Term B Loan Commitment shall terminate in its entirety on the Amendment No. 2 Effective Date after the funding of all Additional Term B Loans on such date.
Notwithstanding the foregoing, the aggregate principal amount of the Term B Loans made on the Effective Date shall not exceed the Total Term B Loan Commitment.
As of the date of this Agreement, Schedule 2.10 of the Novuspharma Disclosure Schedules sets forth a true, correct and complete list of all holders of options to purchase Novuspharma Ordinary Shares ("Novuspharma Stock Options") or other Novuspharma equity-based awards, grant dates, number of shares subject to awards, vesting and exercisability schedule and exercise price.
As of the Closing Date, the amount of (a) the Total Commitment is $102,500,000, (b) the Total Term A Loan Commitment is $25,000,000, (c) the Total Term B Loan Commitment is $35,000,0000, (d) the Total Revolving Loan Commitment is $27,500,000 and (e) the Total Acquisition Term Loan Commitment is $15,000,000.