US Tranche Term Loan Commitment definition

US Tranche Term Loan Commitment means (a) as to any US Tranche Lender, the aggregate commitment of such US Tranche Term Lender to make US Tranche Term Loans as set forth on Schedule 2.01 or in the most recent Assignment and Assumption executed by such US Tranche Lender and (b) as to all US Tranche Lenders, the aggregate commitment of all US Tranche Lenders to make US Tranche Term Loans, which aggregate commitment shall be $150,000,000 on the Effective Date. After advancing the US Tranche Term Loan, each reference to a US Tranche Lender’s US Tranche Term Loan Commitment shall refer to that US Tranche Lender’s US Tranche Percentage of the US Tranche Term Loans.
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US Tranche Term Loan Commitment means (a) as to any US Tranche Lender, the commitment of such US Tranche Lender to make US Tranche Term Loans and (b) as to all US Tranche Lenders, the aggregate commitment of all US Tranche Lenders to make US Tranche Term Loans; provided that, upon the Effective Date, no US Tranche Term Loan Commitment shall exist and each reference to a US Tranche Lender’s US Tranche Term Loan Commitment shall refer to that US Tranche Lender’s US Tranche Percentage of the US Tranche Term Loans.
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US Tranche Term Loan Commitment means, with respect to each US Tranche Lender, the commitment of such US Tranche Lender to make US Tranche Term Loans, expressed as an amount representing the maximum aggregate amount of such US Tranche Lender’s US Tranche Term Loan Exposure hereunder. The initial amount of each US Tranche Lender’s US Tranche Term Loan Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption pursuant to which such US Tranche Lender shall have assumed its US Tranche Term Loan Commitment, as applicable. The aggregate amount of the US Tranche Term Loan Commitments on the date hereof is the US Dollar amount of $30,000,000.
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Examples of US Tranche Term Loan Commitment in a sentence

  • The amount of each US Lender's US Tranche Term Loan Commitment is set forth opposite its name on Schedule 2.1 and the aggregate amount of the US Tranche Term Loan Commitments is US$35,000,000; provided that the US Tranche Term Loan 40 Commitments of US Lenders shall be adjusted to give effect to any assignments of the US Tranche Term Loan Commitments pursuant to subsection 10.1B.

  • Such written request shall specify the aggregate principal amount of the requested Borrowing (which shall equal the US Tranche Term Loan Commitment), the Type of the requested Borrowing, the initial Interest Period to be applicable thereto, and the location and number of the relevant Borrower’s account to which funds are to be disbursed, which shall comply with the requirements of Section 2.06.

  • Each US Lender having a US Tranche Term Loan Commitment severally agrees to lend to Company on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the US Tranche Term Loan Commitments to be used for the purposes identified in subsection 2.5A.


More Definitions of US Tranche Term Loan Commitment

US Tranche Term Loan Commitment means (a) as to any US Tranche Lender, the aggregate commitment of such US Tranche Term Lender to make US Tranche Term Loans as set forth on S chedule 2.01 or in the most recent Assignment and Assumption executed by such US Tranche Lender and (b) as to all US Tranche Lenders, the aggregate commitment of all US Tranche Lenders to make US Tranche Term Loans, which aggregate commitment shall be $150,000,000 on the Effective Date. After advancing the US Tranche Term Loan, each reference to a US Tranche Lender’s US Tranche Term Loan Commitment shall refer to that US Tranche Lender’s US Tranche Percentage of the US Tranche Term Loans.
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US Tranche Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make a US Tranche Term Loan, expressed as an amount representing the maximum aggregate amount of such Lender’s US Tranche Term Loan Exposure hereunder. The initial amount of each Lender’s US Tranche Term Loan Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its US Tranche Term Loan Commitment, as applicable. The aggregate amount of the US Tranche Term Loan Commitments on the date hereof is the US Dollar Equivalent of $75,000,000. After advancing a US Tranche Term Loan, each reference to a US Tranche Term Lender’s US Tranche Term Loan Commitment shall refer to the US Tranche Term Loans held by such Lenders.
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