Tranche A-1 Term Loan Commitment definition

Tranche A-1 Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche A-1 Term Loan Commitments as of the Second Amendment Effective Date in a principal amount equal to the amount set forth on Schedule 1.01(b).

Tranche A-1 Term Loan Commitment means, with respect to each Tranche A-1 Term Loan Lender, the commitment of such Lender to make a Tranche A-1 Term Loan pursuant to Section 2.01(b), as such commitment may be (a) reduced or terminated from time to time pursuant to Section 2.09 or (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 Tranche A-1 Term Loan Lender’s Tranche A-1 Term Loan Commitment is the amount set forth opposite such Lender’s name on Schedule 2.01(b) hereto, or in the Assignment and Assumption or other documentation contemplated hereby pursuant to which such Lender shall have assumed its Tranche A-1 Term Loan Commitment, as applicable.

Tranche A-1 Term Loan Commitment means, as to each Tranche A-1 Term Loan Lender, its obligation to make Term Loans to the Borrower pursuant to Section 2.01A in an aggregate principal amount not to exceed the Dollar amount set forth opposite such Tranche A-1 Term Loan Lender’s name on Schedule 2.01 or opposite such caption in the Assignment and Assumption pursuant to which such Tranche A-1 Term Loan Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. Each Tranche A-1 Lender’s Term Loan Commitment shall be permanently reduced by the amount of Tranche A-1 Term Loans made to the Borrower by such Tranche A-1 Term Loan Lender.

Examples of Tranche A-1 Term Loan Commitment in a sentence

• Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Tranche A-1 Term Loan”) in a single advance to the Borrower in Dollars on the Closing Date in an amount equal to such Lender’s Tranche A-1 Term Loan Commitment as of the Closing Date.

• Each Lender’s Tranche A-1 Term Loan Commitment and Tranche A-2 Term Loan Commitment shall terminate immediately and without further action on the Effective Date after giving effect to the funding of such Lender’s Tranche A-1 Term Loan Commitment and Tranche A-2 Term Loan Commitment on the Effective Date.

• Facility Assigned Aggregate Amount of [Aleris Incremental] [Tranche A-1] [Term Loan Commitment] [Term Loans] for all Lenders Amount of [Aleris Incremental] [Tranche A-1] [Term Loan Commitment] [Term Loans] Assigned Percentage Assigned of [Aleris Incremental] [Tranche A-1] [Term Loan Commitment] [Term Loans]2 Term Loans $ $ % 2 Set forth, to at least 9 decimals, as a percentage of the applicable Commitment/Loans of all Lenders thereunder.

• No Revolving Commitment, Tranche A Term Loan Commitment or Tranche A-1 Term Loan Commitment of any Lender shall be increased or otherwise affected, and, except as otherwise expressly provided in this Section 2.21, performance by any Credit Party of its obligations hereunder and the other Credit Documents shall not be excused or otherwise modified as a result of any Funding Default or the operation of this Section 2.21.

• Subject to the terms and conditions set forth herein, each Tranche A-1 Term Lender severally agrees to make (or continue, as applicable) a single term loan in Dollars (each, a “Tranche A-1 Term Loan”) to the Borrower on the RestatementAmendment No. 3 Effective Date in an amount not to exceed such Lender’s Tranche A-1 Term Loan Commitment.

More Definitions of Tranche A-1 Term Loan Commitment

Tranche A-1 Term Loan Commitment means, as to each Tranche A-1 Term Lender, its obligation to make the Tranche A-1 Term Loan on the Effective Date in an aggregate principal amount equal to the amount set forth opposite such Tranche A-1 Term Lender’s name on Schedule 2.01. As of the Effective Date, the aggregate Tranche A-1 Term Loan Commitments total $15,000,000.

Tranche A-1 Term Loan Commitment means the Initial Tranche A-1 Term Loan Commitment and the Incremental Tranche A-1 Term Loan Commitment.

Tranche A-1 Term Loan Commitment means as to each Lender, its obligation to make (or continue, as applicable) Tranche A-1 Term Loans to the Borrower pursuant to Section 2.01(b)(ii), in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01(b)(ii) under the caption “Tranche A-1 Term Loan Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Tranche A-1 Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate principal amount of the Tranche A-1 Term Loan Commitments of all of the Tranche A-1 Term Lenders as in effect on the RestatementAmendment No. 3 Effective Date is $900,000,000930,000,000.

Tranche A-1 Term Loan Commitment means, as to each Lender, its obligation to make its portion of the Tranche A-1 Term Loan to the Borrower on the Closing Date pursuant to Section 2.01(b), in the principal amount set forth opposite such Lender’s name on Schedule 2.01 as of the Closing Date. The aggregate principal amount of the Tranche A-1 Term Loan Commitment of all of the Lenders as in effect on the Closing Date is ONE BILLION TWO HUNDRED TWENTY-FIVE MILLION DOLLARS ($1,225,000,000).

Tranche A-1 Term Loan Commitment means, with respect to each Tranche A-1 Term Loan Lender, the commitment of such Tranche A-1 Term Loan Lender to make its portion of the Tranche A-1 Term Loan to the Borrower pursuant to Section 2.01(d)(i), in the principal amount set forth opposite such Tranche A-1 Term Loan Lender’s name on Schedule 2.01; provided that, at any time after funding of a Tranche A-1 Term Loan, the determinations “Required Lender” shall also be based on the outstanding principal amount of the such Tranche A-1 Term Loan. The aggregate principal amount of the Tranche A-1 Term Loan Commitments of all of the Tranche A-1 Term Loan Lenders as in effect on the Closing Date is Two-Hundred Million Dollars ($200,000,000).

Tranche A-1 Term Loan Commitment means, as to each Tranche A-1 Term Lender, its obligation to make the Tranche A-1 Term Loan on the First Amendment Effective Date in an aggregate principal amount equal to the amount set forth opposite such Tranche A-1 Term Lender’s name on Schedule 2.01. As of the First Amendment Effective Date, the aggregate amount of the Tranche A-1 Term Loan Commitments is equal to $70,000,000.

Tranche A-1 Term Loan Commitment means, with respect to each Tranche A-1 Term Loan Lender, the commitment of such Lender to make a Tranche A-1 Term Loan pursuant to Section 2.01(b), as such commitment may be (a) reduced or terminated from time to time pursuant to Section 2.09 or (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 Tranche A-1 Term Loan Lender’s Tranche A-1 Term Loan Commitment is the amount set forth opposite such Lender’s name on Schedule 2.01(b)hereto, or in the Assignment and Assumption or other documentation contemplated hereby pursuant to which such Lender shall have assumed its Tranche A-1 Term Loan Commitment, as applicable.