Total Term Loan A Commitment Sample Clauses
The 'Total Term Loan A Commitment' clause defines the aggregate amount of funds that lenders have agreed to provide under the Term Loan A facility of a credit agreement. This clause specifies the maximum principal amount available to the borrower, often broken down by individual lender commitments, and may outline how these commitments are allocated or adjusted. Its core practical function is to set a clear upper limit on the borrower's borrowing capacity under this specific loan tranche, ensuring all parties understand the total funds available and preventing overextension of credit.
Total Term Loan A Commitment. The sum of the Term Loan A Commitments of the Term Loan A Lenders, as in effect from time to time. As of the date of this Agreement, the Total Term Loan A Commitment is Three Hundred Fifty Million and No/100 Dollars ($350,000,000.00). The Total Term Loan A Commitment may increase in accordance with §2.11.
Total Term Loan A Commitment. The sum of the Term Loan Commitments of the Lenders, as in effect from time to time.
Total Term Loan A Commitment. The sum of the Term Loan A Commitments of the Term Loan A Lenders, as in effect from time to time. As of the Closing Date, the Total Term Loan A Commitment is One Hundred Sixty Million and No/100 Dollars ($160,000,000.00). The Total Term Loan A Commitment may increase in accordance with §2.11. Total Term Loan B Commitment. The sum of the Term Loan B Commitments of the Term Loan B Lenders, as in effect from time to time. As of the Closing Date, the Total Term Loan B Commitment is Sixty Five Million and No/100 Dollars ($65,000,000.00). The Total Term Loan B Commitment may increase in accordance with §2.