Additional Term B-3 Commitment definition

Additional Term B-3 Commitment means with respect to the Additional Term B-3 Lender, its commitment to make a Term B-3 Loan on the Amendment No. 2 Effective Date in an amount equal to $1,175,296,572.83.
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Additional Term B-3 Commitment means, with respect to any Person, the commitment of such Person to make an Additional Term B-3 Loan on the Amendment No. 3 Effective Date, in the amount set forth on the joinder agreement of such Additional Term B-3 Lender to Amendment No. 3. The aggregate amount of the Additional Term B-3 Commitments of all such Persons shall equal the outstanding aggregate principal amount of Non-Exchanged Term Loans.
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Additional Term B-3 Commitment means, with respect to the Additional Term B-3 Lender, its commitment to make a Term B-3 Loan on the Amendment No. 4 Effective Date in an amount set forth on Schedule II to Amendment No. 4. Such Additional Term B-3 Commitment shall be in an amount equal to the excess of $750 million over the principal amount of Converted Term B-1 Loans of all Lenders.
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Examples of Additional Term B-3 Commitment in a sentence

  • The Aggregate Commitments (other than the Additional Term B Commitment, Additional Term B-1 Commitment, Additional Term B-2 Commitment or Additional Term B-3 Commitment) shall be automatically and permanently reduced to zero on the date of the initial Borrowing (other than any Incremental Term Loan Commitments, which shall terminate as provided in the related Additional Credit Extension Amendment).

  • The proceeds of the Term B-3 Loans borrowed in respect of the Additional Term B-3 Commitment shall be used on or about the Amendment No. 7 Effective Date to repay Term B-2 Loans that are not Converted Term B-2 Loans.

  • The Additional Term B-3 Commitment shall be automatically and permanently reduced to zero upon the making of the Additional Term B-3 Lender’s Additional Term B-3 Loans pursuant to Section 2.01(d).

  • The Second Additional Term B-3 Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term B-3 Loans pursuant to Section 2.01(b).

  • Each Additional Term B-3 Lender hereby agrees to make an Additional Term B-3 Loan to the Borrower in an amount equal to its Additional Term B-3 Commitment on the Amendment No. 3 Effective Date in accordance with Section 2.01(d) of the Credit Agreement.

  • The Consent of each Initial Lender and Term B-2 Lender to convert into Term B-3 Loans and the Additional Term B-3 Commitment shall constitute “Refinancing Commitments” under the Existing Credit Agreement (and the Term B-3 Lenders with respect thereto shall constitute “Refinancing Lenders” under the Existing Credit Agreement), in each case to the extent that the Term B-3 Loans do not exceed the principal amount of such Refinanced Debt.

  • Each Additional Term B-3 Lender hereby agrees to make an Additional Term B-3 Loan to the Borrower in an amount equal to its Additional Term B-3 Commitment on the Amendment No. 3 Effective Date in accordance with Section 2.01(e) of the Credit Agreement.

  • JPMorgan Chase Bank, N.A. is executing this agreement in order to evidence its commitment to provide the Additional Term B-3 Commitment (as defined in the Amended Credit Agreement) under this Amendment (in such capacity, the “Additional Term B-3 Lender”).

  • The parties hereto intend to treat (a) this amendment as a significant modification of the Term B-2 Loans modified hereby for U.S. federal income tax purposes and, accordingly, none of the Term B-3 Loans as “grandfathered obligations” for purposes of FATCA and (b) all of the Term B-3 Loans (including the Term B-3 Loans made pursuant to the Additional Term B-3 Commitment) as part of a single “issue” for purposes of U.S. Treasury Regulations Section 1.1275-1(f).

  • The Administrative Agent shall have received a notice of repayment from the Borrower of the Term B-2 Loans which are not converted into Term B-3 Loans on the Amendment No. 7 Effective Date (which may be conditioned upon the receipt by the Borrower of the Term B-3 Loans pursuant to the Additional Term B-3 Commitment).


More Definitions of Additional Term B-3 Commitment

Additional Term B-3 Commitment means, with respect to an Additional Term B-3 Lender, the commitment of such Additional Term B-3 Lender to make an Additional Term B-3 Loan on the Amendment No. 3 Effective Date, in the amount set forth on the joinder agreement of such Additional Term B-3 Lender to Amendment No. 3. The aggregate amount of the Additional Term B-3 Commitments of all Additional Term B-3 Lenders shall equal the outstanding aggregate principal amount of Non-Converted Existing Term Loans.
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Additional Term B-3 Commitment means with respect to the Additional Term B-3 Lender, its commitment to make a Term B-3 Loan on the Amendment No. 2 Effective Date in an amount equal to
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Additional Term B-3 Commitment means, as to each Additional Term B-3 Lender, its obligation to make Additional Term B-3 Loans to the Borrower pursuant to Section 2.01(b)(iv) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Additional Term B-3 Commitment” or in one or more Assignment and Assumptions pursuant to which such Lender becomes a party hereto, as applicable, as such amounts may be adjusted from time to time in accordance with this Agreement.
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Additional Term B-3 Commitment with respect to the Additional Term B-3 Lender, its commitment to make Term B-3 Loans on the Amendment No. 2 Effective Date in an amount equal to $2,283,500,000 minus the aggregate principal amount of all Converted Term B-2 Loans.
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Related to Additional Term B-3 Commitment

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (as in effect on the Closing Date) under the caption “Initial Term Commitment,” as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Commitments is $350,000,000.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.