Additional Tranche B-2 Term Loan definition

Additional Tranche B-2 Term Loan means a Term Loan in Dollars that is made pursuant to Section 2.1(f)(ii) on the Amendment No. 3 Effective Date.
Additional Tranche B-2 Term Loan the Additional Tranche B-2 Term Loans made by the Lenders holding the Additional Tranche B-2 Term Loan Commitments to the Borrower under Article II on the Fourth Amendment Effective Date.

Examples of Additional Tranche B-2 Term Loan in a sentence

  • The aggregate amount of the Additional Tranche B-2 Term Loan Commitments shall equal the outstanding principal amount of Existing Tranche B-1 Term Loans of Non-Consenting Existing Tranche B-1 Term Loan Lenders and Existing Tranche B-1 Term Loans of Post-Closing Option Tranche B-2 Lenders.

  • The Additional Tranche B-2 Term Loans to be made on the Additional Tranche B-2 Term Loan Funding Date will be funded with 50 basis points of original issue discount.

  • Amounts repaid xxxx Amendment No. 2, (i) the Converted Term Loans of each Lender outstanding immediately prior to the Amendment No. 2 Effective Date shall be converted into a like principal amount of a Tranche B-2 Term Loans in Dollars of such Lender on the Amendment No. 2 Effective Date and (ii) the Additional Tranche B-2 Term Lender shall make a loan in Dollars to the Borrower on the Amendment No. 2 Effective Date in an amount equal to the Additional Tranche B-2 Term Loan Commitment.

  • Delivered herewith by the Additional Tranche B-2 Term Loan Lender to the Administrative Agent are such forms, certificates or other evidence with respect to United States federal income tax withholding matters as the Additional Tranche B-2 Term Loan Lender may be required to deliver to the Administrative Agent pursuant to the Credit Agreement.

  • The Additional Tranche B-2 Term Loan Lender, the Borrower and the Administrative Agent acknowledge and agree that the Tranche B-2 Term Loans provided pursuant to this Joinder shall constitute Term Loans for all purposes of the Credit Agreement and the other applicable Loan Documents.

  • Upon the Amendment No. 3 Effective Date, the undersigned Additional Tranche B-2 Term Loan Lender shall become a Lender under the Credit Agreement and shall have the respective Additional Tranche B-2 Term Loan Commitment set forth next to its name on the Amendment No. 3 Allocation Schedule.

  • As of the First Amendment Effective Date, subject to the terms hereof, each Additional Tranche B-2 Term Loan Lender agrees to make Tranche B-2 Term Loans equal to the amount notified to such Additional Tranche B-2 Term Loan Lender by the Refinancing Arranger (but in no event greater than the amount such Person committed to make as Tranche B-2 Term Loans pursuant to its Joinder).

  • The Additional Tranche B-2 Term Loan Commitments shall automatically terminate upon the making of the Tranche B-2 Term Loans by the Additional Tranche B-2 Term Loan Lender on the First Amendment Effective Date.

  • The commitments of the Exchanging Tranche B Term Loan Lenders and the Additional Tranche B-2 Term Loan Lenders are several and not joint and no such Tranche B-2 Term Loan Lender will be responsible for any other Tranche B-2 Term Loan Lender’s failure to make or acquire Tranche B-2 Term Loans.

Related to Additional Tranche B-2 Term Loan

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.