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.
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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.
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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.
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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.

  • The Tranche B-4 Term Loan Commitment of each Tranche B-4 Term Lender shall be automatically and permanently reduced to $0 upon the making of such Tranche B-4 Term Lender’s Tranche B-4 Term Loans pursuant to Section 1(a)(i) hereof.

  • 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.

  • 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.

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


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.
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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.
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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.
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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.
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Related to Tranche B-4 Term Loan Commitment

  • 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 Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • 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.

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

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.