Incremental Term B Loans Sample Clauses

Incremental Term B Loans. Subject to the terms and conditions set forth herein, the New Term B Lender agrees to make the Incremental Term B Loans on the Fifth Amendment Effective Date, immediately after giving effect to the amendments contained in Section 1 of this Amendment, pursuant to Section 2.14 of the Credit Agreement. The Incremental Term B Loans shall have identical terms as the Term B Loans (including, without limitation, with respect to the interest rate, maturity date, mandatory prepayments and voluntary prepayments) and shall otherwise be subject to the provisions, including any provisions restricting the rights, or regarding the obligations, of the Loan Parties or any provisions regarding the rights of the Lenders, of the Credit Agreement and the other Loan Documents. Each reference to a “Term Loan”, a “Term B Loan”, “Term Loans” or “Term B Loans” in the Credit Agreement shall be deemed to include the Incremental B Term Loans and all other related terms will have correlative meanings mutatis mutandis. For the avoidance of doubt and notwithstanding anything in this Amendment to the contrary, the Incremental Term B Loans shall be considered an increase in the Term B Loans under the Credit Agreement and shall not be considered a separate tranche of Indebtedness under the Credit Agreement. The New Term B Lender (i) confirms that it has received a copy of the Credit Agreement and the other Loan Documents, together with copies of the most recently delivered financial statements delivered pursuant to Section 6.01 thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Amendment; (ii) agrees that it will, independently and without reliance upon the Administrative Agent or any Lender or Agent and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement; (iii) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under the Credit Agreement and the other Loan Documents as are delegated to the Administrative Agent by the terms thereof, together with such powers as are reasonably incidental thereto; and (iv) agrees that it will perform in accordance with their terms all of the obligations which by the terms of the Credit Agreement are required to be performed by it as a Lender (including Section 10.15). Upon t...
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Incremental Term B Loans. On and as of the Second Amendment Effective Date and after giving effect to this Second Amendment and the extension of the Incremental Term B Loans contemplated hereby, each of the conditions precedent to the effectiveness of New Term Commitments under Section 2.14(a) of the Credit Agreement shall have been satisfied.
Incremental Term B Loans. Each Incremental Term B Lender hereby agrees, severally and not jointly, to make a single loan to the Borrower on the Effective Date in a principal amount equal to its respective Incremental Term B Loan Commitment as set forth on Schedule A hereto, in each case, on the terms and subject to the conditions set forth herein.
Incremental Term B Loans. (a) Subject to the terms and conditions set forth herein, each Amendment No. 1 Incremental Term B Lender agrees to make Amendment No. 1 Incremental Term B Loans to the Company in a single drawing in Dollars on the Amendment No. 1 Effective Date in an aggregate principal amount not to exceed its Amendment No. 1
Incremental Term B Loans. From and after the Amendment No. 1 Effective Date, for all purposes of the Amended Credit Agreement and the other Basic Documents, (i) the Amendment No. 1 Incremental Term B Commitments shall constitute “Incremental Commitments”, (ii) the Amendment No. 1 Incremental Term B Loans shall constitute “Incremental Term Loans”, “Term Loans” and “Term B Loans” and (iii) each Amendment No. 1 Incremental Term B Lender shall be a “Lender”, a “Term B Lender” and a “Term Lender”.
Incremental Term B Loans to the Borrower under the Credit Agreement in the amount set forth opposite such Amendment No. 2 Incremental Term B Lender’s name on Schedule I hereto, in an aggregate principal amount equal to $575,000,000;
Incremental Term B Loans. The Borrower shall repay to the Incremental Lenders holding Incremental Term B Loans the outstanding principal amount of each Incremental Term B Loan (if any) as determined pursuant to, and in accordance with, Section 2.14 (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05).
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Incremental Term B Loans. The aggregate principal amount of each Incremental Term B Loan (if any) as determined pursuant to, and in accordance with, Section 2.14 (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05).
Incremental Term B Loans. Subject to the terms and conditions hereof and in accordance with Section 2.14 of the Existing Credit Agreement:
Incremental Term B Loans. (l) The Company shall have paid to the Administrative Agent, for the account of the Existing Amendment No. 1 Incremental Term B Lenders, all interest on the Existing Amendment No. 1 Incremental Term B Loans accrued to (but excluding) the Amendment No. 3 Effective Date.
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