Term Commitments definition

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

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.

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

Examples of Term Commitments in a sentence

• Notwithstanding the foregoing, the Borrower may rescind or postpone any notice of termination of the Term Commitments if such termination would have resulted from a refinancing of all of the Facilities, which refinancing shall not be consummated or otherwise shall be delayed.

• The Borrower may, upon written notice to the Administrative Agent, terminate the unused Term Commitments of any Class, or from time to time permanently reduce the unused Term Commitments of any Class; provided that (i) any such notice shall be received by the Administrative Agent three (3) Business Days prior to the date of termination or reduction and (ii) any such partial reduction shall be in an aggregate amount of $5,000,000 or any whole multiple of $1,000,000 in excess thereof.

• The 2024 Term Commitments of the 2024 Term Lenders will be automatically and permanently reduced to $0 upon the extension of the 2024 Term Loans on the Amendment No. 4 Effective Date.

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

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

Term Commitments means the Term A Commitment.

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

Term Commitments means, collectively, any Incremental Term Commitments and any Refinancing Term Loan Commitments.

Term Commitments means the aggregate of such commitments for all Term Lenders, and the aggregate amount of the Term Commitments on the Effective Date is $1,300,000,000.00.