Tranche I Term Loan Commitments definition

Tranche I Term Loan Commitments means the 2023 Refinancing Term Loan Commitments in an aggregate principal amount of $1,293,240,464.19 established pursuant to Amendment No. 11.
Sample 1Sample 2Sample 3
Tranche I Term Loan Commitments. The original aggregate amount of the Tranche I Term Loan Commitments on the Fourteenth Amendment Closing Date is $1,295,000,000.
Sample 1

Examples of Tranche I Term Loan Commitments in a sentence

  • Each payment (including prepayment) on account of any fee and any reduction of the Term Loan shall be made pro rata according to the aggregate Tranche I Term Loan Commitments and Tranche II Contingent Term Loan Commitments of the relevant Lender.

  • In the Opinion of the Management, the current assets, loans and advances (including capital advances) have a value on realization in the ordinary course of business at least equal to the amount at which they are stated in the Balance Sheet.

  • Unless previously terminated, (i) the Tranche I Term Loan Commitments shall terminate on the close of business on the Effective Date, (ii) the Tranche II Term Loan Commitments of each Series shall terminate on the Tranche II Term Loan Commitment Termination Date and (iii) the Revolving Commitments shall terminate on the Maturity Date.

  • Unless previously terminated, (i) the Tranche I Term Loan Commitments and the Tranche II Term Loan Commitments shall terminate at 5:00 p.m., New York City time, on the Effective Date, (ii) the Tranche III Term Loan Commitments of each Series shall terminate on the Tranche III Term Loan Availability Date and (iii) the Revolving Commitments of each Class shall terminate on the Revolving Commitment Termination Date.

  • II Term Loans under this Agreement shall be incurred from the Lenders pro rata on the basis of their Tranche I Term Loan Commitments or Tranche II Term Loan Commitments, as the case may be.

  • If the initial aggregate amount of the Tranche I Term Loan Commitments exceeds the aggregate principal amount of Tranche I Term Loans that are made on the Effective Date, then the scheduled repayments of Borrowings of such Class to be made pursuant to clause (a)(iii) above shall be reduced ratably by an aggregate amount equal to such excess.

Related to Tranche I Term Loan Commitments

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

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

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan Commitment, and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is Twenty Million Dollars ($20,000,000.00).

  • 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.

  • Initial Term Loan Commitment means the commitment of an Initial Term Lender under the Original Credit Agreement to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all Initial Term Lenders in the aggregate. The aggregate amount of the Term Loan Commitments was $2,000,000,000 on the Closing Date before the funding of any Term Loans.

  • 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.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.