Term Loan Commitment

Term Loan Commitment. The commitment of each Lender to make its share of the Term Loan hereunder; provided that at any time after funding and termination of the commitments relating thereto, determinations of "Required Lenders" shall be based on the outstanding amount of the Term Loan. On the Closing Date, the aggregate amount of Term Loan Commitments was Ten Million Dollars ($10,000,000). On the First Incremental Loan Effective Date, the aggregate amount of Term Loan Commitments was increased to Twenty Million... Dollars ($20,000,000) and the Term Loan Commitments for the Lenders were reconstituted, updated and revised as provided in the First Incremental Loan Commitment Increase Agreement. View More