Tranche B-7 Term Loan Commitment definition

Tranche B-7 Term Loan Commitment means, as to each Tranche B-7 Term Loan Lender, its obligation to make Tranche B-7 Term Loans to the Tranche B-7 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-7 Term Loan Lender’s name on Schedule 2.01 under the caption “Tranche B-7 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-7 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-7 Term Loan Commitments on the Amendment No. 8 Funding Date is $680,000,000.
Sample 1Sample 2
Tranche B-7 Term Loan Commitment means, with respect to a Cashless Option Tranche B-7 Lender, the agreement of such Cashless Option Tranche B-7 Lender to exchange its Existing Tranche B-4 Term Loans for an equal aggregate principal amount of Tranche B-7 Term Loans (or such lesser amount as determined by the RBC Arranger) on the Amendment No. 11 Effective Date, as evidenced by such Existing Tranche B-4 Term Loan Lender executing and delivering Amendment No. 11.
Sample 1Sample 2
Tranche B-7 Term Loan Commitment means, as to each Tranche B-7 Term Loan Lender, its obligation to make Tranche B-7 Term Loans to the Tranche B-7 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-7 Term Loan Lender’s name on Schedule 2.01 under the caption “Tranche B-7 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-7 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-7 Term Loan Commitments on the Amendment No. 8 Funding Date is $680,000,000. “Tranche B-7 Term Loan Facility” has the meaning specified in the definition of “Facility”. “Tranche B-7 Term Loan Lender” means, at any time, any Lender that has a Tranche B-7 Term Loan Commitment or an outstanding Tranche B-7 Term Loan at such time.
Sample 1

Examples of Tranche B-7 Term Loan Commitment in a sentence

  • The Tranche B-7 Term Loan Commitment shall be automatically and permanently reduced to $0 upon the funding of the Tranche B-7 Funding Loan Lender pursuant to this Section 6.

  • Subject to and upon the terms and conditions herein set forth, each Additional Tranche B-7 Term Loan Lender severally agrees to make Additional Tranche B-7 Term Loans in Dollars to the Borrowers on the Amendment No. 11 Effective Date in a principal amount not to exceed its Additional Tranche B-7 Term Loan Commitment on the Amendment No. 11 Effective Date.

  • Upon the Amendment No. 11 Effective Date, the undersigned Additional Tranche B-7 Term Loan Lender shall become a Lender under the Amended Credit Agreement and shall have the respective Additional Tranche B-7 Term Loan Commitment set forth next to its name on the Eleventh Amendment Agreement Allocation Schedule.

  • Subject to the terms and conditions of this Agreement, on the Tranche B-7 Effective Date the Tranche B-7 Loan Lender agrees to make to the Borrower a Tranche B-7 Term Loan in an aggregate principal amount equal to its Tranche B-7 Term Loan Commitment.


More Definitions of Tranche B-7 Term Loan Commitment

Tranche B-7 Term Loan Commitment means, as to each Tranche B-7 Term Loan Lender, its obligation to make Tranche B-7 Term Loans to the Tranche B-7 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-7 Term Loan Lender’s name on Schedule 2.01 under the caption “Tranche B-7 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-7 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-7 Term Loan Commitments on the Amendment No. 8 Funding Date is$680,000,000.
Sample 1

Related to Tranche B-7 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.

  • 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.

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

  • 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.

  • 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.

  • 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.

  • 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.

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

  • 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).

  • 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.

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

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

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

  • 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.

  • 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.

  • 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.

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

  • 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.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A 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.