Examples of Additional Term B-2 Loan Commitment in a sentence
Each of the undersigned that is a Term B1 Loan Lender with an Additional Term B2 Loan Commitment to provide Additional Term B2 Loans hereby further (i) acknowledges its Additional Term B2 Loan Commitment in the amount set forth opposite its name on Schedule IB (Additional Term B2 Loan Commitments) to the Amendment and (ii) agrees that, on the Amendment No. 2 Effective Date, it shall pay to the Administrative Agent an amount equal to its Additional Term B2 Loan Commitment.
In addition to any other mandatory commitment reductions pursuant to this Section 4.02, the Additional Term B-2 Loan Commitment shall terminate in its entirety on the Amendment No. 4 Effective Date after the funding of all Term B-2 Loans to be funded pursuant thereto on such date.
The parties hereto intend to treat all of the Term B-2 Loans (including the Term B-2 Loans funded pursuant to the Additional Term B-2 Loan Commitment and the Term B-2 Loans converted from Term B-1 Loans) as fungible for U.S. federal income tax purposes.