Term A Commitment definition
Examples of Term A Commitment in a sentence
Subject to the terms and conditions set forth herein, each Term A Lender severally agrees to make a single loan to the Borrower on the Closing Date in an amount not to exceed such Term A Lender’s Term A Commitment.
Each Replacement Term A Lender severally and not jointly agrees, on the terms and conditions set forth in this Agreement, to make to the Company on the Replacement Facilities Effective Date, a loan in a single draw denominated in Dollars in an aggregate amount not to exceed the amount of such Replacement Term A Lender’s Replacement Term A Commitment.
On the terms and subject to the conditions contained in this Agreement, each U.S. Term A Lender severally agrees to make a loan (each a “U.S. Term A Loan”) in Dollars to the U.S. Borrower on the Closing Date, in an amount equal to such Lender’s U.S. Term A Commitment.
The Term A Commitment of each Term A Lender shall be automatically and permanently reduced to $0 upon the making of such Term A Lender’s Term Loans pursuant to Section 2.01(a).
Subject to the terms and conditions set forth herein, each Term A Lender severally agrees to make a single term loan to the Borrower on the Effective Date in an amount not to exceed such Term A Lender’s Term A Commitment.