Additional Term A Commitment definition
Examples of Additional Term A Commitment in a sentence
In addition, the undersigned agrees to provide the Additional Term A Commitment set forth on Schedule I opposite the undersigned’s name.
The Initial Term A Commitment of a Bank is equal to the product of such Bank's Term A Commitment reflected above multiplied by 0.70 and the Additional Term A Commitment is equal to the product of such Bank's Term A Commitment reflected above multiplied by 0.30.
During the Delayed Draw Availability Period, each Additional Term A Lender made one or more advances (each, an “Additional Term A Advance”) to the Borrower in an aggregate amount not exceeding such Lender’s Additional Term A Commitment.
Subject to the terms and conditions hereof, each Additional Term A Lender severally agrees to make Additional Term A Loans to the Borrowers on the First Amendment Effective Date in an aggregate original principal amount equal to its Additional Term A Commitment in effect on and as of the First Amendment Effective Date.
Each Increasing Term A Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (an “Additional Term A Advance”) to the Borrower on the Amendment No. 3 Increase Date in an amount not to exceed such Lender’s Additional Term A Commitment at such time.