Term Commitments definition

Term Commitments means a Term B Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.

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Term Commitments means each Lender’s Initial Term Commitments and Incremental Term Commitments.

Term Commitments means the Term A Commitments and the Term B Commitments.

Examples of Term Commitments in a sentence

Any Lender who receives a Term Loan Request that has not communicated its desire to provide any such new Term Commitments in writing to the Administrative Agent and the Borrower within ten (10) Business Days following receipt of such Term Loan Request shall be deemed to have declined to participate in providing Term Commitments in respect of such Term Loan Request.
Notwithstanding anything to the contrary herein, the Initial Term Commitments that are funded on any date shall be terminated upon such funding and, if the aggregate Initial Term Commitments as of the Sabinal Increase Date and/or the IKAV Increase Date, as applicable, are not drawn on such date, any Initial Term Commitments in respect of the undrawn amount shall automatically be terminated.
Any Term Commitments effected through the establishment of one or more new Term Loans made on a Term Loan Facility Closing Date shall be designated for all purposes of this Agreement as either (x) a new Class of Term Commitments or (y) an increase to an existing Class of Term Loans.
Each Borrowing of Revolving Loans under this Agreement shall be made by the Revolving Lenders pro rata on the basis of their then applicable Revolving Commitment Percentages and each Borrowing of Term Loans under this Agreement shall be made by the Term Lenders on the basis of their Term Commitments.
The terms, provisions and documentation of the Term Loans and Term Commitments of any Class shall be as agreed between the Borrower and the applicable Term Lenders providing such Term Commitments.

More Definitions of Term Commitments

Term Commitments means, collectively, the Tranche A Term Commitments, the Tranche B Term Commitments and any commitments to make Incremental Term Loans.

Term Commitments means an Initial Term Commitment, Delayed Draw Term Commitment or a commitment in respect of any Incremental Term Loan or any combination thereof, as the context may require.

Term Commitments means a commitment in respect of any Incremental Term Loans.

Term Commitments means the Tranche A Term Loan Commitments and the Tranche B Term Loan Commitments.

Term Commitments means, as to each Term Lender, its obligation to make a Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount specified opposite such Lender’s name in Schedule 2.01 hereto under the caption “Term Commitment” or in the Assignment and Assumption Agreement pursuant to which such Term Lender becomes a party hereto, as applicable, as such commitment may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to (i) assignments by or to such Term Lender pursuant to an Assignment and Assumption Agreement, (ii) an Incremental Amendment, (iii) a Refinancing Amendment or (iv) an Extension. The initial amount of each Term Lender’s Commitment is specified in Schedule 2.01 hereto under the caption “Term Commitment” or, otherwise, in the Assignment and Assumption Agreement, Incremental Amendment, Refinancing Amendment or Extension Amendment, pursuant to which such Lender shall have assumed its Commitment, as the case may be. The initial aggregate amount of the Term Commitments is $790,000,000.

Term Commitments means each of the U.S. Term A Commitments, U.S. Term B Commitments, Canadian Term A Commitments, Yen Term C Commitments and, if applicable, New Term Commitments with respect to any Series.

Term Commitments the U.S. Term B Commitments and any Incremental Term Commitment.

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