Tranche 3 Term 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 Term Commitment” opposite such Lender’s name on Schedule 1.1.

Tranche 3 Term Commitment of any Tranche 3 Term Lender will be the amount of such commitment set forth in its signature page to this Amendment or such lesser amount as is allocated to it by Citigroup Global Markets Inc. (“CGMI”) and notified to it prior to the 2008 Restatement Effective Date. The commitments of the Tranche 3 Term Lenders are several and no Tranche 3 Term Lender shall be responsible for any other Tranche 3 Term Lender’s failure to make Tranche 3 Term Loans.

Tranche 3 Term Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche 3 Term Loan hereunder on the 2008 Restatement Effective Date, expressed as an amount representing the maximum principal amount of the Tranche 3 Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche 3 Term Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche 3 Term Commitment, as applicable. The aggregate amount of the Lenders’ Tranche 3 Term Commitments on the 2008 Restatement Effective Date is $350,000,000.

Examples of Tranche 3 Term Commitment in a sentence

The agency shall maintain a panel of individuals qualified to serve in an impar- tial capacity in the resolution of labor disputes.

More Definitions of Tranche 3 Term Commitment

Tranche 3 Term Commitment means, as to each Tranche 3 Term Lender, such Tranche 3 Term Lender’s obligation to make a Tranche 3 Term Loan on the Effective Date pursuant to Section 2.1.(a)(iii) in an amount up to, but not exceeding the amount set forth for such Tranche 3 Term Lender on Schedule I as such Tranche 3 Term Lender’s “Tranche 3 Term Commitment Amount” or as set forth in the applicable Assignment and Assumption, or agreement executed by a Person becoming a Tranche 3 Term Lender pursuant to Section 2.17., as the same may be increased or reduced as appropriate to reflect any assignments to or by such Tranche 3 Term Lender effected in accordance with Section 13.5. or increased as appropriate to reflect any increase effected in accordance with Section 2.17.

Tranche 3 Term Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche 3 Term Loan hereunder on the 2008 Restatement Effective Date, expressed as an amount representing the maximum principal amount of the Tranche 3 Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The aggregate amount of the Lenders’ Tranche 3 Term Commitments on the 2008 Restatement Effective Date is $350,000,000.

Incremental Term Commitment has the meaning specified in Section 2.14(a).
Term Commitment means, as to each Term Lender, its obligation to make Term Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term Lender’s name on Schedule 2.01 under the caption “Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.
Term Commitments means an Initial Term Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.
Initial Term Loan Commitment means the commitment of an Initial Term Lender under the Original Credit Agreement to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all Initial Term Lenders in the aggregate. The aggregate amount of the Term Loan Commitments was $2,000,000,000 on the Closing Date before the funding of any Term Loans.
L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).