Tranche 2 Term Loan Commitment definition

Tranche 2 Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Tranche 2 Term Loan. The amount of each Lender’s Tranche 2 Term Loan Commitment as of the Closing Date is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The Tranche 2 Term Loans were fully-advanced on the Closing Date.

Tranche 2 Term Loan Commitment means, as to each Tranche 2 Lender, its obligation to make Tranche 2 Term Loans to the Borrower pursuant to Section 2.01(b) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 1.01(b) under the caption “Commitment” or opposite such caption 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 Commitment of all of the Tranche 2 Lenders on the Closing Date is $50,000,000.

Tranche 2 Term Loan Commitment means, as to each Tranche 2 Term Lender, its obligation to make Tranche 2 Term Loans to the Borrower pursuant to Section 1.1(a)(ii) of the Agreement in an aggregate original principal amount equal to the amount allocated to such Tranche 2 Term Lender. On the Closing Date, the aggregate amount of Tranche 2 Term Loan Commitments is $12,500,000.

Examples of Tranche 2 Term Loan Commitment in a sentence

• Upon funding the Closing Date Term Loans on the Closing Date, each Lender’s Initial Term Loan Commitment and Tranche 2 Term Loan Commitment was automatically reduced to zero.

• On the Tranche 2 Effective Date, each Tranche 2 Term Loan Lender made term loans to the Borrowers (such term loans, “Tranche 2 Term Loans”) in an aggregate amount equal to its Tranche 2 Term Loan Commitment.

• SCHEDULE A COMMITMENTS AND ADDRESSES Lender Address Tranche 1 Term Loan Commitment Tranche 2 Term Loan Commitment Tranche 3 Term Loan Commitment KKR Peanut Aggregator X.X. Xxxxxxxx Kravis Xxxxxxx & Co. L.P. 0 X.

• Each Lender’s Tranche 2 Term Loan Commitment shall terminate immediately and without further action on the earlier of (i) the Credit Date on which the Tranche 2 Term Loan Commitments have been fully utilized (either by amount or with respect to the maximum amount of drawings permitted thereon) and (ii) the close of business in New York City on the Tranche 2 Outside Date.

• Upon funding the Closing Date Term Loans on the Closing Date and the consummation of the Transactions occurring on the Closing Date (including the transactions described in the Reaffirmation and Omnibus Amendment Agreement, and the Loan Assignment Transactions), each Lender’s Initial Term Loan Commitment and Tranche 2 Term Loan Commitment shall automatically be reduced to zero.

More Definitions of Tranche 2 Term Loan Commitment

Tranche 2 Term Loan Commitment means, with respect to each Term Lender, the commitment of such Term Lender to make Term Loans, as set forth opposite the name of such Term Lender in the column entitled “Tranche 2 Term Loan Commitment” in Schedule 2.01, or if such Term Lender has entered into one or more Lender Assignment Agreements, set forth opposite the name of such Term Lender and any assignor Term Lender in the Term Lender Register maintained by the Term Loan Facility Agent pursuant to Section 2.04(f) (Funding) as each such Term Lender’s Tranche 2 Term Loan Commitment, as the same may be reduced in accordance with Section 2.05 (Termination or Reduction of Commitments).

Tranche 2 Term Loan Commitment means, for each Lender, the obligation, if any, of such Lender to make Tranche 2 Term Loans to the Borrower, as set forth in Schedule 1, as it may be modified (a) as a result of any assignment that has become effective pursuant to Section 12.3(c) or

Tranche 2 Term Loan Commitment has the meaning specified in the Amended Term Loan Agreement.

Tranche 2 Term Loan Commitment means, as to each Tranche 2 Term Lender, its obligation to make a Tranche 2 Term Loan to the Borrower pursuant to Section 2.01(b) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Tranche 2 Term Loan Commitment” or in the Assignment and Assumption pursuant to which such Tranche 2 Term 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 Tranche 2 Term Loan Commitments is $75,000,000.

Tranche 2 Term Loan Commitment means, with respect to each Tranche 2 Term Loan Lender, the commitment of such Tranche 2 Term Loan Lender to lend sums to the Borrowers in an aggregate principal amount at any one time outstanding not in excess of the amount set forth in the Tranche 2 Joinder Agreement effecting such Tranche 2 Term Loan Lender’s “Tranche 2A Term Loan Commitment” (as the same as may subsequently be set forth in the Register from time to time and as the same may be increased or reduced from time to time pursuant to the terms of this Agreement).

Tranche 2 Term Loan Commitment means, with respect to an Original Lender, the agreement of such Original Lender to exchange its Original Term Loans for an equal aggregate principal amount of Tranche 2 Term Loans on the Amendment and Restatement Date under the Amended and Restated Credit Agreement, as evidenced by such Original Lender executing and delivering this Agreement.

Tranche 2 Term Loan Commitment means, for each Lender, the obligation, if any, of such Lender to make Tranche 2 Term Loans to the Borrower (or continue to hold Tranche 2 Term Loans to the extent previously made pursuant to the Existing Credit Agreement, as applicable), as set forth in Schedule 1, as it may be modified (a) as a result of any assignment that has become effective pursuant to Section 12.3(c) or (b) otherwise from time to time pursuant to the terms hereof. As of the date of this Agreement, the aggregate amount of the Lenders’ Tranche 2 Term Loan Commitments is $220,000,000. After advancing the Tranche 2 Term Loan, each reference to a Lender’s Tranche 2 Term Loan Commitment shall refer to that Lender’s Pro Rata Share of the Tranche 2 Term Loans.