Tranche 3 Commitment definition

Tranche 3 Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to Borrower in a principal amount not to exceed the amount set forth under the heading Tranche 3 Commitment opposite such Xxxxxx’s name on Schedule 1.1.
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Tranche 3 Commitment means, with respect to each Tranche 3 Lender, the amount set forth opposite such Tranche 3 Lender's name on Annex I hereto under the heading "Tranche 3 Commitment", as the same may be (x) reduced or terminated pursuant to Sections 3.02, 3.03 and/or 9, or (y) adjusted from time to time as a result of assignment to or from such Tranche 3 Lender pursuant to Section 12.04(b).
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Tranche 3 Commitment means as to any Lender, the commitment of such Lender to make an Advance pursuant to Section 2.01(c), as such commitment may be reduced from time to time pursuant to the terms hereof. The initial amount of each Lender’s Tranche 3 Commitment is (a) the amount set forth in the column labeled “Tranche 3 Commitment” opposite such Lender’s name on Schedule I hereto, or (b) if such Lender has entered into any Assignment and Acceptance, the amount set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 9.07(d), as such amount may be reduced pursuant to Section 2.05. As of the Effective Date, the aggregate amount of the Tranche 3 Commitments is $7,500,000,000 as such amount may be reduced in accordance with Section 2.05 or 6.01.
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Examples of Tranche 3 Commitment in a sentence

  • Each such Lender’s obligation to fund the Term Loan Tranche 3 shall be limited to such Lender’s Term Loan Tranche 3 Commitment Percentage, and no Lender shall have any obligation to fund any portion of any Term Loan required to be funded by any other Lender, but not so funded.

  • Unless previously terminated, upon the Term Loan Tranche 3 Commitment Termination Date, the Term Loan Tranche 3 Commitment shall thereupon automatically be terminated and the Term Loan Tranche 3 Commitment Amount of each Lender as of such date shall be reduced by such Lender’s Pro Rata Share of such total reduction in the Term Loan Commitments.

  • Accrued Tranche 3 Facility Fees shall be due and payable quarterly in arrears on the last Business Day of each calendar quarter and on the earlier of the date the Total Tranche 3 Commitment terminates and the Commitment Expiration Date and, with respect to any Tranche 3 Facility Fee owing to any Tranche 3 Lender which is replaced pursuant to Section 2.18, on the date on which such Tranche 3 Lender is replaced.

  • Each reduction to the Total Tranche 3 Commitment shall be applied to the Tranche 3 Commitments of each Tranche 3 Lender on a pro rata basis based on the respective amount of such Tranche 3 Lender’s Tranche 3 Commitments.

  • But classes of false rules are an important notion in PL, and we devote our final two sections to them.


More Definitions of Tranche 3 Commitment

Tranche 3 Commitment means, with respect to each Tranche 3 Lender, the amount set forth opposite such Tranche 3 Lender’s name on Schedule 2.01 hereto under the heading “Tranche 3 Commitment”, as the same may be (x) reduced or terminated pursuant to Sections 2.08 and or Article VIII, (y) increased from time to time pursuant to Section 2.21 or (z) adjusted from time to time as a result of assignment to or from such Tranche 3 Lender pursuant to Section 10.04(b).
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Tranche 3 Commitment as defined in Section 2.01 hereof.
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Tranche 3 Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to Borrower in a principal amount not to exceed the amount set forth under the heading Tranche 3 Commitment opposite such Lender’s name on Schedule 1.1.
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Tranche 3 Commitment as defined in Section 2.01 hereof. --------------------------------- Borrower's Initials: Lender's Initials: ---------------------------------
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Tranche 3 Commitment means an amount of up to £2,000,000. “Total Liabilities” on any day, obligations that should, under IFRS, be classified as liabilities on the Borrowing Group’s consolidated balance sheet, including all Indebtedness, and the current portion of Subordinated Debt permitted by the Bank to be paid by the Borrowing Group, but excluding all other Subordinated Debt.
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Tranche 3 Commitment means any Term Tranche 3 Commitment or Top-Up Tranche 3 Commitment.
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Tranche 3 Commitment means as to any Lender, the commitment of such Lender to make an Advance pursuant to Section 2.01(c), as such commitment may be increased or reduced from time to time pursuant to the terms hereof. The initial amount of each Lender’s Tranche 3 Commitment is (a) the amount set forth in the column labeled “Tranche 3 Commitment” opposite such Lender’s name on Schedule I hereto, or (b) if such Lender has entered into any Assignment and Acceptance, the amount set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section
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