Tranche C Commitment definition
Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.
Tranche C Commitment means, with respect to each Lender, the commitment of such Lender to make Tranche C Loans as set forth on Schedule 1.02(d). The aggregate amount of the Tranche C Commitments of the Lenders as of the Amendment No. 3 Effective Date is $115,000,000.
Tranche C Commitment means, with respect to any Bank, the commitment of such Bank to make Loans and such Bank’s obligation to purchase participations in Swingline Loans in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Bank’s name under the heading “Tranche C” on Schedule 1.1 (and in the currencies indicated for such tranche on Schedule 1.1), or in the Assignment Agreement pursuant to which such Bank shall have assumed its Tranche C Commitment, as applicable, as such amount may be (a) reduced from time to time pursuant to Section 2.7; (b) reduced or increased from time to time pursuant to assignments by or to such Bank pursuant to Section 2.12, 11.1 or 11.3(h); and (c) increased from time to time pursuant to Section 2.10.
Examples of Tranche C Commitment in a sentence
On and after the Tranche A Closing Date, Borrower may, upon not less than three (3) Business Days’ prior written notice thereof to the Administrative Agent (which notice the Administrative Agent will promptly transmit to each applicable Lender), at any time and from time to time, terminate in whole or permanently reduce in part, without premium or penalty, the Tranche B Commitment and/or the Tranche C Commitment.
Each Lender’s Tranche C Loan Commitment shall terminate immediately and without further action on the earlier of (a) after giving effect to the funding of all or a portion of such Lender’s Tranche C Loan Commitment during the Tranche C Commitment Period and (b) the Tranche C Commitment Termination Date.
Borrower’s notice to the Administrative Agent shall designate the date (which shall be a Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Tranche B Commitment or the Tranche C Commitment, as applicable, shall be effective on the date specified in Borrower’s notice and shall reduce Tranche B Commitment or the Tranche Commitment of each Lender proportionately to its Applicable Percentage thereof, as applicable.
More Definitions of Tranche C Commitment
Tranche C Commitment means, with respect to each Lender, the -------------------- commitment, if any, of such Lender to make Tranche C Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche C Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche C Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche C Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche C Commitments is $175,000,000.
Tranche C Commitment means, with respect to any Lender at any time, the amount set forth opposite such ▇▇▇▇▇▇’s name on Annex I under the caption “Tranche C Commitment” or, if such Lender has entered into one or more Assignment and Assumptions following the Tenth Amendment Effective Date, the amount set forth for such Lender in the Register maintained by the Administrative Agent as such ▇▇▇▇▇▇’s “Tranche C Commitment”.
Tranche C Commitment means, with respect to each Incremental Lender, the commitment of such Incremental Lender to make a Tranche C Term Loan hereunder on the Incremental Effective Date, expressed as an amount representing the maximum principal amount of the Tranche C Term Loan to be made by such Incremental Lender hereunder, as set forth on Schedule 1 hereto. The aggregate amount of the Tranche C Commitments of all Incremental Lenders as of the date of this Amendment will be $100,000,000.
Tranche C Commitment means as to each Tranche C Lender, its obligation to make Tranche C Loans to Borrower on the Effective Date pursuant to Section 2.2(bb) in an original principal amount not to exceed the applicable amount set forth opposite such Tranche C Lender’s name on Schedule 1.1. Upon the funding of the Tranche C Loans in an amount equal to the Total Tranche C Commitment on the Effective Date, the Tranche C Commitments will be deemed to be zero and will terminate.
Tranche C Commitment means, as to any Lender, the obligation of such Lender to make Tranche C Loans hereunder in a principal amount not to exceed the amount set forth opposite such Lender's name in Annex C, subject to the provisions of Section 2.
Tranche C Commitment means, as to any Tranche C Lender, the obligation of such Tranche C Lender to make or continue Tranche C Loans hereunder in an aggregate principal amount up to but not exceeding the amount set forth opposite the name of such Tranche C Lender on the signature pages hereto under the heading "Tranche C Commitment" or, if such Tranche C Lender is a party to an Assignment and Acceptance, the amount of the "Tranche C Commitment" set forth in the most recent Assignment and Acceptance of such Tranche C Lender, as the same may be reduced or terminated pursuant to Section 2.13 or 11.2, and "Tranche C Commitments" means such obligations of all Tranche C Lenders. As of the Closing Date, the aggregate principal amount of the Tranche C Commitments is $25,000,000.
Tranche C Commitment means, as to each Lender, the obligation of such Lender, on and subject to the terms and conditions of this Agreement, to disburse Tranche C Loans in a principal amount up to but not exceeding the Tranche C Commitment specified opposite its name on Annex 1.