Common use of The Term B Borrowings Clause in Contracts

The Term B Borrowings. Each Term B Lender severally agrees to make to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 9 contracts

Samples: Credit Agreement (Travel & Leisure Co.), Credit Agreement (KORE Group Holdings, Inc.), Credit Agreement (Travel & Leisure Co.)

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The Term B Borrowings. Each Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a2.01(b) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 5 contracts

Samples: Credit Agreement (Corporate Executive Board Co), Credit Agreement (Corporate Executive Board Co), Credit Agreement (Corporate Executive Board Co)

The Term B Borrowings. Each Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make made to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a2.01(b) and that were repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (CEB Inc.), Consent (CEB Inc.), Credit Agreement (CEB Inc.)

The Term B Borrowings. Each Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make make, on the Closing Date, a single loan in Dollars to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal an amount equal to such Term B Lender’s Term B Commitment on the Closing DateCommitment. Amounts borrowed under this Section 2.01(a2.01(c) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Fidelity National Financial, Inc.), Credit and Guaranty Agreement (Fidelity National Financial, Inc.), Credit and Guaranty Agreement (Black Knight Financial Services, Inc.)

The Term B Borrowings. Each Term B Lender severally agrees to make to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Term Loan Closing Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Wyndham Hotels & Resorts, Inc.), Credit Agreement (Wyndham Hotels & Resorts, Inc.), Credit Agreement (Wyndham Destinations, Inc.)

The Term B Borrowings. Each Term B Lender severally agrees to make to the Borrower (including by way of conversion) Borrowers a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Escrow Closing Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Tim Hortons Inc.), Credit Agreement (Burger King Worldwide, Inc.), Credit Agreement (New Red Canada Partnership)

The Term B Borrowings. Each Term B Lender severally agrees to make to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Rate SOFR Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Clear Channel Outdoor Holdings, Inc.), Credit Agreement (Clear Channel Outdoor Holdings, Inc.)

The Term B Borrowings. Each Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Phibro Animal Health Corp), Credit Agreement (Phibro Animal Health Corp)

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The Term B Borrowings. (i) Each Term B Lender severally agrees to make to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (KORE Group Holdings, Inc.), Credit Agreement (King Pubco, Inc.)

The Term B Borrowings. (i) Each Term B B-2 Lender severally agrees to make to the Borrower Term B-2 Borrowers (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B B-2 Lender’s Term B B-2 Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a2.01(a)(i) and repaid or prepaid may not be reborrowed. Term B B-2 Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (W R Grace & Co)

The Term B Borrowings. Each Term B Lender severally agrees to make to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Rate Term SOFR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Travel & Leisure Co.)

The Term B Borrowings. Each Term B Lender severally agrees to make to the Borrower (including by way of conversion) Borrowers a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a2.01(b) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Yum Brands Inc)

The Term B Borrowings. Each Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make makemade to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a2.01(b) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Corporate Executive Board Co)

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