Example ContractsClausescommitmentVariants
Commitment
Commitment contract clause examples

""Term Loan Commitment" means, with respect to each Lender, the Original Term Loan Commitment, the Term A Loan Commitment, the Term A-1 Loan Commitment and/or the Term A-2 Loan Commitment of such Lender."

Term Loan Commitment” means, as to each Term Loan Lender, any Initial Term Loan Commitment or any Second Amendment Term Loan Commitment of such Lender.

Term Loan Commitment” shall mean, with respect to each Lender, the commitment, if any, of such Lender to make a Term Loan.

Term Loan Commitment” shall mean, for each Lender, its Initial Term Loan Commitment, its Refinancing Term Loan Commitment or its Incremental Term Loan Commitment (including any 2021 Incremental Term Loan Commitment).

""Term A-2 Loan Commitment" means, with respect to each Term A-2 Lender, the commitment of such Lender to make the Term A-2 Loan to the Borrower on the Term A-2 Loan Funding Date in the amount set forth in [Schedule 1.01(A)] hereto or in the Assignment and Acceptance pursuant to which such Lender became a Lender under this Agreement, as such commitment may be terminated or reduced from time to time in accordance with the terms of this Agreement."

Term Commitment” means any Initial Term Loan Commitment and any Additional Term Loan Commitment.

Term Loan Commitment” means, as to each Term Loan Lender, its obligation to make Term Loans to Borrower pursuant to [Section 2.1(b)] or Section 2.9. For the avoidance of doubt, each Term Loan Lender’s “Term Loan Commitment” shall include its unfunded Delayed Draw Term Loan Commitment and its unfunded Incremental Term Loan Commitments.

Term Loan Commitment” means, as to each Term Loan Lender, its obligation to make Term Loans to Borrower pursuant to Section 2.1(b) or Section 2.9. For the avoidance of doubt, each Term Loan Lender’s “Term Loan Commitment” shall include its unfunded Delayed Draw Term Loan Commitment and its unfunded Incremental Term Loan Commitments.

""Total Term Loan Commitment" means the sum of # the amount of the ' Original Term Loan Commitments, # the amount of the ' Term A Loan Commitments, # the amount of the ' Term A-1 Loan Commitments, and # the amount of the ' Term A-2 Loan Commitments."

Term Commitment” means the Term A Commitments and the commitments in respect of any other series of Term Loans.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.