Additional Tranche B Term Loans definition

Additional Tranche B Term Loans has the meaning specified in the First Amendment to 2009 Credit Agreement.

Additional Tranche B Term Loans and, together with the Additional Tranche A Term Loans, the “Additional Term Loans”), the proceeds of which will be used by the Borrower, together with other available cash, to repay in full the outstanding principal amount of Tranche B Term Loans of Existing Tranche B Term Lenders that are not Renewing Tranche B Term Lenders (or deemed to be Renewing Tranche B Term Lenders pursuant to Section 4(c)) and the principal amounts, if any, of Existing Tranche B Term Loans of Renewing Tranche B Term Lenders that are not exchanged by such Renewing Tranche B Term Lenders for New Tranche B Term Loans, and to pay fees and expenses incurred in connection with the prepayment of the Existing Tranche B Term Loans and this Amendment.

Additional Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii) of the Existing Credit Agreement.

Examples of Additional Tranche B Term Loans in a sentence

• The Additional Tranche B Term Commitments expired at 5:00 p.m. New York City time on the Amendment Effective Date, and amounts paid or prepaid in respect of Additional Tranche B Term Loans may not be reborrowed.

• For purposes of the foregoing, such Interest Periods shall be assigned to the Additional Tranche B Term Loans of each Additional Tranche B Term Lender in the same proportion that such Interest Periods applied to the Existing Tranche B Term Loans on the Amendment Effective Date.

• Amounts paid or prepaid in respect of Increased Tranche B Term Loans or Additional Tranche B Term Loans may not be reborrowed.

• On the Second Amendment Effective Date, the US Borrower shall apply, concurrently with the exchange of Exchanged Tranche B Term Loans with New Tranche B Term Loans and the making of the Increased Tranche B Term Loans and the Additional Tranche B Term Loans (if any), the aggregate proceeds of the Increased Tranche B Term Loans and the Additional Tranche B Term Loans (if any) to prepay in full the principal amount of all Existing Tranche B Term Loans other than Exchanged Tranche B Term Loans.

• The proceeds of the Additional Tranche B Term Loans shall be applied by Company to finance directly or indirectly the costs of the PATS Acquisition.

More Definitions of Additional Tranche B Term Loans

Additional Tranche B Term Loans means only those Tranche B Term Loans made by Tranche B Term Loan Lenders to Company on the First Amendment Closing Date pursuant to subsection 2.1A(ii).

Additional Tranche B Term Loans is defined in the recitals to this Agreement.

Additional Tranche B Term Loans defined in Section 2.15.

Additional Tranche B Term Loans in such amount (not in excess of any such commitment) as is determined by the Administrative Agent and notified to such Additional Tranche B Term Loan Lender. The proceeds of the Additional Tranche B Term Loans will be used by the Borrower to repay in full the outstanding principal amount of the Existing Tranche B Term Loans that are not continued as New Tranche B Term Loans by Continuing Tranche B Term Loan Lenders and to prepay all of the Second Lien Term Loans. At the option of the Sole Lead Arranger with the consent of the Borrower, the Additional Tranche B Term Loans may be made, to the extent of the amount thereof to be used to repay in full the Existing Tranche B Term Loans that are not so continued, by the replacement of such Existing Tranche B Term Loans pursuant to Section 5.17 of the Credit Agreement and the continuation of such Existing Tranche B Term Loans as Continued Tranche B Term Loans by the replacement Lender.

Additional Tranche B Term Loans means the Loans made by the Lenders to the Company pursuant to subsection 2.1A(iii).

Additional Tranche B Term Loans has the meaning assigned to that term in subsection 2.1A.

Additional Tranche B Term Loans in such amounts (not in excess of any such commitment) as are determined by the Lead Arranger and the Borrower and notified to such Additional Tranche B Term Lender. The proceeds of such Additional Tranche B Term Loans will be used by the Borrower, together, if necessary, with other available cash, to repay in full the outstanding principal amount of Existing Tranche B Term Loans that are not converted by Converting Tranche B Term Lenders into New Tranche B Term Loans.