Aggregate Term Commitment definition

Aggregate Term Commitment means the aggregate of the Term Commitments of all the Term Lenders, as increased or reduced from time to time pursuant to the terms hereof. As of the date of this Agreement, the Aggregate Term Commitment is $250,000,000.
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Aggregate Term Commitment means the aggregate of the Term Commitments of all of the Lenders, as reduced from time to time pursuant to the terms hereof, which Aggregate Term Commitment shall be in the amount of $100,000,000.
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Aggregate Term Commitment means, at any time, the aggregate amount of the Term Commitments of all the Term Lenders. The Aggregate Term Commitment as of the Effective Date is Five Hundred Million and 00/100 Dollars ($500,000,000).
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Examples of Aggregate Term Commitment in a sentence

  • If at any time the Aggregate Outstanding Term Loans exceed the Aggregate Term Commitment, then the Borrower shall within three (3) Business Days after notice from the Administrative Agent make a payment on the Term Loans in amount sufficient to eliminate such excess.

  • The agreements in this Section shall survive the resignation of the Administrative Agent, the replacement of any Lender, the termination of the Aggregate Revolving Commitment and/or the Aggregate Term Commitment and the repayment, satisfaction or discharge of all the other Obligations.

  • Each Term Lender severally and not jointly agrees, on the terms and conditions set forth in this Agreement, to make Term Loans to the Borrower on the Effective Date in an amount not to exceed (x) for any such Term Lender, its Term Commitment and (y) in the aggregate for all Term Lenders, the Aggregate Term Commitment.

  • The Aggregate Term Commitment shall be reduced to zero and terminated in full and expire after each Term Lender makes its Term Loan on the Effective Date.

  • The total amount of Term Loans made hereunder on the Effective Date shall not exceed the Aggregate Term Commitment Amount.


More Definitions of Aggregate Term Commitment

Aggregate Term Commitment means the aggregate of the Term Commitments of all Lenders, as may be reduced or increased pursuant to the terms hereof.
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Aggregate Term Commitment means (a) the combined Initial Term Commitment and Delayed Draw Term Commitment, in each case, of the Lenders on the Effective Date and (b) after the Initial Funding Date, the sum of (i) the aggregate then unpaid principal amount of such Lender’s Initial Term Loans plus (ii) the aggregate then unpaid principal amount of such Lender’s Delayed Draw Term Loans, if any, plus (iii) the aggregate then unutilized Delayed Draw Term Commitments, if any, of the Lenders, in each case, as such amount may be further decreased from time to time pursuant to, and in accordance with the terms of, this Agreement.
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Aggregate Term Commitment means, as of any date of determination, the sum of the Term Commitments of all Term Lenders as of such date.
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Aggregate Term Commitment means zero as of the Agreement Effective Date and thereafter means the aggregate of all Term Commitments hereunder, not to exceed $400,000,000.
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Aggregate Term Commitment means $260,000,000 as of the Agreement Effective Date, plus any designated increase in the Aggregate Term Commitment pursuant to Section 2.8.
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Aggregate Term Commitment means the combined Term Commitments of all of the Term Lenders, in the initial aggregate amount of $65,000,000, as such amount may be reduced from time to time pursuant to this Agreement.
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Aggregate Term Commitment means the combined Term Commitments of the Banks in the initial aggregate amount of $30,000,000 as such amount may be reduced from time to time pursuant to this Agreement.
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