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Tranche B-4 Term Loan Commitment definition

Tranche B-4 Term Loan Commitment means, with respect to a Cashless Option Tranche B-4 Lender, the agreement of such Cashless Option Tranche B-4 Lender to exchange its Existing Tranche B-3 Term Loans for an equal aggregate principal amount of Tranche B-4 Term Loans (or such lesser amount as determined by the Fifth Amendment Agreement Arrangers) on the Fifth Amendment Effective Date, as evidenced by such Existing Tranche B-3 Term Loan Lender executing and delivering Fifth Amendment Agreement.
Tranche B-4 Term Loan Commitment the commitments of the Tranche B-4 Term Loan Lenders pursuant to the Third Amendment, the commitments of the Fourth Amendment Incremental Term Loan Lenders pursuant to the Fourth Amendment or, as the case may be, in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of the Tranche B-4 Term Loan Commitments as of the Third Amendment Effective Date is $450,000,00.00. The aggregate amount of the Tranche B-4 Term Loan Commitments as of the Fourth Amendment Effective Date is $300,000,000.00. Upon the occurrence of the Fourth Amendment Effective Date, the Fourth Amendment Incremental Term Loan Commitments shall automatically and without further action by any Person constitute additional Tranche B-4 Term Loan Commitments (and shall have the same terms as the Tranche B-4 Term Loan Commitments after giving effect to the Fourth Amendment) and shall be part of the same class of Commitments as the Tranche B-4 Term Loan Commitments, in each case for all purposes of this Agreement and the other Loan Documents.
Tranche B-4 Term Loan Commitment means, (a) in the case of each Lender that is a Lender on the Amendment No. 5 Effective Date, the amount of such Lender’s commitment to make Tranche B-4 Term Loans pursuant to and in accordance with Amendment No. 5 and Joinder Agreement on the Amendment No. 5 Effective Date and (b) in the case of any Lender that is not covered by clause (a) of this definition and becomes a Lender after the Amendment No. 5 Effective Date, the amount specified as such Lender’s “Tranche B-4 Term Loan Commitment” in the Assignment and Acceptance pursuant to which such Lender renewed a portion of the Tranche B-4 Term Loan Commitment, as the case may be, in each case as the same may be changed from time to time pursuant to the terms hereof.

Examples of Tranche B-4 Term Loan Commitment in a sentence

  • Each Borrowing of Tranche B-2 Term Loans and Tranche B-4 Term Loans under this Agreement shall be made by the Lenders pro rata on the basis of their then-applicable Tranche B-2 Term Loan Commitments and Tranche B-4 Term Loan Commitment, as applicable.

  • Upon execution and delivery hereof, the Administrative Agent will record each Tranche B-4 Term Loan Commitment provided by the relevant Tranche B-4 Term Loan Lender in the Register.

  • Upon the Amendment No. 7 Effective Date, the undersigned Additional Tranche B-4 Term Loan Lender shall become a Lender under the Amended Credit Agreement and shall have the respective Additional Tranche B-4 Term Loan Commitment set forth next to its name on the Allocation Schedule.

  • Upon the Fifth Amendment Effective Date, the undersigned Additional Tranche B-4 Term Loan Lender shall become a Lender under the Credit Agreement and shall have the respective Additional Tranche B-4 Term Loan Commitment set forth next to its name on the Fifth Amendment Agreement Allocation Schedule.

  • No later than five (5) Business Days after the Closing Date, Ardagh shall update Section ‎5.14(a) of the Ardagh Disclosure Schedule to add or remove expired Ardagh Hedging Arrangements as of the Closing Date, and deliver such updated schedule to Element.

  • Subject to the occurrence of the Refinancing Effective Date, each Refinancing Tranche B-4 Term Lender severally agrees to make a Tranche B-4 Term Loan in Dollars to the Borrower on the date specified in the notice of borrowing delivered pursuant to Section 4(d) hereof, in an amount equal to such Refinancing Tranche B-4 Term Lender’s Tranche B-4 Term Loan Commitment.

  • However, Bitdenex does not give any warranty that any Digital Asset for which Bitdenex offers Services is not a ‘financial instrument’.

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


More Definitions of Tranche B-4 Term Loan Commitment

Tranche B-4 Term Loan Commitment means (i) with respect to a Cashless Option Tranche B-1/B-3 Lender, the agreement of such Cashless Option Tranche B-1/B-3 Lender to exchange its Tranche B-1 Term Loans and/or Tranche B-3 Term Loans (in each case, or such lesser amount as determined by the Amendment No. 7 Arrangers), as applicable, for an equal aggregate principal amount of Tranche B-4 Term Loans on the Amendment No. 7 Effective Date, as evidenced by such Existing Tranche B-1/B-3 Term Loan Lender executing and delivering a Consent to Amendment No. 7 and (ii) with respect to an Additional Tranche B-4 Term Loan Lender, such Lender’s Additional Tranche B-4 Term Loan Commitment. The aggregate amount of the Tranche B-4 Term Loan Commitments as of the Amendment No. 7 Effective Date is $2,566,000,000.
Tranche B-4 Term Loan Commitment means, as to each Tranche B-4 Term Loan Lender, its obligation to make Tranche B-4 Term Loans to the Tranche B-4 Term Loan Borrowers (i) pursuant to Section 2.01 in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Tranche B-4 Term Loan Lender’s name on Schedule 2.01 under the caption “Tranche B-4 Term Loan Commitment”, (ii) in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, and (iii) pursuant to Section 2.14 in an aggregate principal amount at any one time outstanding not to exceed the amount agreed to by such Tranche B-4 Term Loan Lender in compliance with Section 2.14, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of Tranche B-4 Term Loan Commitments on the Amendment No. 5 Funding Date is $1,475,000,000.
Tranche B-4 Term Loan Commitment means, as to each Tranche B-4 Term Loan Lender, its obligation to make Tranche B-4 Term Loans to the Tranche B-4 Term Loan Borrowers (i) pursuant to Section 2.01 in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Tranche B-4 Term Loan Lender’s name on Schedule 2.01 under the caption “Tranche B-4 Term Loan Commitment”, (ii) in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, and(iii) pursuant to Section 2.14 in an aggregate principal amount at any one time outstanding not to exceed the amount agreed to by such Tranche B-4 Term Loan Lender in compliance with Section 2.14 , as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of Tranche B-4 Term Loan Commitments on the Amendment No. 5 Funding Date is$1,475,000,000.
Tranche B-4 Term Loan Commitment the commitments of the Tranche B-4 Term Loan Lenders pursuant to the Third Amendment or, as the case may be, in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of the Tranche B-4 Term Loan Commitments as of the Third Amendment Effective Date is $450,000,00.00.

Related to Tranche B-4 Term Loan Commitment

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Delayed Draw Term Loan Commitment means the commitment of each Lender to make Delayed Draw Term Loans on each Delayed Draw Funding Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Delayed Draw Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $1,150,000,000.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Tranche B Term Commitment means, as to any Lender, the obligation of such Lender, if any, to make a Tranche B Term Loan to the Borrower in a principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule I or in an Increase Joinder. The original aggregate amount of the Tranche B Term Commitments is $3,500,000,000.

  • Term Loan Commitment Amount means, as to any Lender, the term loan commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.2(c) (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 17.3(c) or (d), the term loan commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement), as the same may be adjusted upon any assignment by or to such Lender pursuant to Section 17.3(c) or (d).

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $50,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Term B Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term B Loan on the Closing Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term B Loan Commitments of the Lenders aggregate $50,000,000 on the Closing Date.

  • Term Loan B Commitment means, with respect to each Lender, the commitment of such Lender to make the Term Loan B to the Borrowers in the aggregate amount extended prior to the Amendment No. 9 Effective Date or in the Assignment and Acceptance pursuant to which such Lender became a Lender under this Agreement, as the same may be terminated or reduced from time to time in accordance with the terms of this Agreement. The Term Loan B Commitment as of the Amendment No. 9 Effective Date is $0.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Tranche B Term Loan as defined in Section 2.1.

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.