Tranche B-7 Term Loan Commitment definition

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

  • 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.

  • 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.


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
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