DEFINITION AND TERMS Section 1.01 Certain Defined Terms. As used herein, the following terms shall have the meanings herein specified unless the context otherwise requires: “1934 Act” means the Securities Exchange Act of 1934, as amended. “2024 Notes” means the Parent Guarantor’s 7.875% senior notes due 2024 in an aggregate principal amount, as of the Closing Date, of $575,000,000. “2024 Notes Indenture” means the Indenture, dated as of December 22, 2016, among the Parent Guarantor (as successor to GTT Escrow Corporation), the subsidiary guarantors party thereto from time to time and Wilmington Trust, National Association, as trustee, governing the 2024 Notes. “Acquisition” means any transaction or series of related transactions for the purpose of or resulting, directly or indirectly, in (i) the acquisition of all or substantially all of the assets of any Person, or any business or division of any Person, (ii) the acquisition or ownership of in excess of 50% of the Equity Interests of any Person, or (iii) the acquisition of another Person by a merger, consolidation, amalgamation or any other combination with such Person. “Ad Hoc 2020 EMEA Term Lender Group” means any Lender that, as of the Closing Date, is a party to the Existing Credit Agreement as a “2020 EMEA Term Lender” and that is represented by the Ad
DEFINITION AND TERMS Section 1.01 Certain Defined Terms. As used herein, the following terms shall have the meanings herein specified unless the context otherwise requires: “1934 Act” means the Securities Exchange Act of 1934, as amended. “2020 EMEA Prepayment Event” means, at any time following the Amendment No. 2 Effective Date, a prepayment of all or any portion of the 2020 EMEA Term Loans, whether such prepayment is voluntary, mandatory or as a result of an acceleration of the obligations hereunder; provided, that prepayments of the 2020 EMEA Term Loans pursuant to, and in accordance with, Section 2.13(b)(v) or Section 2.13(c)(iv) shall not constitute “2020 EMEA Prepayment Events.” “2020 EMEA Term Commitment” means, with respect to each Lender, the amount, if any, set forth opposite such Lender’s name in Schedule 1 to Amendment No. 2 on the Amendment No. 2 Effective Date or in the case of any Lender that becomes a party hereto pursuant to an Assignment Agreement, the amount set forth in such Assignment Agreement, as such commitment may be reduced from time to time as a result of assignments to or from such Lender pursuant to Section 11.06. “2020 EMEA Term Covenant Event of Default” has the meaning provided in Section 8.01(c). “2020 EMEA Term Covenant Period” means the period (a) beginning on the Amendment No. 2 Effective Date and (b) ending on the first date on which (i) all Revolving Loans shall have been paid in full, (ii) all Revolving Commitments shall have been terminated or reduced to zero, (iii)(x) all Letters of Credit shall have been terminated or expired or (y) all LC Outstandings shall have been Cash Collateralized and (iv) the 2020 EMEA Term Loans have been paid in full. “2020 EMEA Term Loan” has the meaning provided in Section 2.03(b). “2020 EMEA Term Loan Maturity Date” means May 31, 2025. “2020 EMEA Term Lender” means a Lender with a 2020 EMEA Term Commitment or an outstanding 2020 EMEA Term Loan. “2024 Notes” means the U.S. Borrower’s 7.875% senior notes due 2024 in an aggregate principal amount, as of the Closing Date, of $575,000,000. “2024 Notes Indenture” means the Indenture, dated as of December 22, 2016, among the U.S. Borrower (as successor to GTT Escrow Corporation), the subsidiary guarantors party thereto from time to time and The Wilmington Trust, National Association, as trustee, governing the 2024 Notes. “Acquisition” means any transaction or series of related transactions for the purpose of or resulting, directly or indirectly, in (i) the acquisition of all or substantially all o...
