Tranche A-4 Term Loan Commitment definition

Tranche A-4 Term Loan Commitment means, as to each Tranche A-4 Term Loan Lender, its obligation to make Term Loans to the Borrower pursuant to Section 2.01D in an aggregate principal amount not to exceed the Dollar amount set forth opposite such Tranche A-4 Term Loan Lender’s name on Schedule 2.01 or opposite such caption in the Assignment and Assumption pursuant to which such Tranche A-4 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-4 Term Loan Lender’s Term Loan Commitment shall be permanently reduced by the amount of Tranche A-4 Term Loans made to the Borrower by such Tranche A-4 Term Loan Lender.
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Tranche A-4 Term Loan Commitment means the commitment of a Lender to make available to Parent Borrower the Tranche A-4 Term Loan pursuant to Section 2.1(a)(B)(iii) during the Availability Period, in an aggregate principal amount, at any one time outstanding not to exceed $12,000,000.
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Examples of Tranche A-4 Term Loan Commitment in a sentence

  • Subject to the terms and conditions set forth herein, each Tranche A-4 Term Loan Lender severally agrees to make loans to the Borrower in Dollars (each such loan, a “Tranche A-4 Term Loan”) on the Amendment No. 20 Effective Date, in an aggregate amount not to exceed such Term Loan Lender’s Tranche A-4 Term Loan Commitment.

  • The amount of each Renewing Lender’s Tranche A-▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ ▇-▇ Term Loan and/or New Revolving Commitments, as applicable, and the amount of each Additional Lender’s Tranche A-4 Term Loan Commitment, Tranche D-2 Term Loan Commitment and/or Additional Revolving Commitment Amount, as applicable, shall be recorded by the Administrative Agent on its books on the First Amendment Effective Date and notified to the applicable New Lender.

  • For purposes of this Agreement, (i) the Tranche A-3 Term Loan Commitment and the Tranche A-4 Term Loan Commitment shall collectively be referred to as the “Incremental Term Loan Commitments” and (ii) the Tranche A-3 Term Loans and the Tranche A-4 Term Loans shall collectively be referred to as the “Incremental Term Loans”.

  • There is no limit on the number of borrowings that Parent Borrower may make under the Tranche A-4 Term Loan Commitment, provided that the aggregate amount of all such borrowings under the Tranche A-4 Term Loan shall not exceed the Tranche A-4 Commitment.

  • By its execution of this Agreement, the Borrower hereby covenants to make any payments required under the Credit Agreement in connection with the Tranche A-3 Term Loan Commitment and Tranche A-4 Term Loan Commitment, including, without limitation, under Sections 2.14, 2.15, 2.16, 2.20 and 9.05 thereof.

  • Lender’s Tranche A-4 Term Loan Commitment shall terminate automatically on the Delayed Draw Termination Date.

  • The Tranche A-4 Term Loan Commitment shall be automatically and permanently reduced to $0 upon the making of the Tranche A-4 Funding Loan Lender pursuant to this Section 6.

  • All obligations in respect of the Tranche A-3 Term Loan Commitment, Tranche A-4 Term Loan Commitment, Tranche A-3 Term Loans and Tranche A-4 Term Loans are and shall be “Obligations” pursuant to and as defined in the Credit Agreement, and are and shall be secured pursuant to the Security Documents.

  • Lender’s Term Loan Commitments (other than the Tranche A-4 Term Loan Commitment) shall terminate immediately and without further action after giving effect to the funding of such Lender’s Term Loan Commitment on the Original Closing Date, the First Amendment Closing Date, the Second Amendment Funding Date or the Amendment and Restatement Effective Date, as applicable.

  • Parent Borrower may make only one borrowing under each of the Term Loan Commitments (other than the Tranche A-4 Term Loan Commitment).