Examples of B Loan in a sentence
On the Closing Date (after giving effect to the funding of the Term B Loans to be made on such date), the Term B Loan Commitments of each Lender as of the Closing Date will terminate.
Xxxxx Xxxxxx Title:] Senior Vice President Check here if you do NOT wish to have your Term B Loans converted to Term B-1 Loans: o The undersigned Lender hereby consents to this Amendment and, unless otherwise indicated below, consents to convert 100% of the outstanding principal amount of the Term B Loan held by such Lender (or such lesser amount allocated to such Lender by the Amendment No. 2 Lead Arranger) into a Term B-1 Loan in a like principal amount on the Amendment No. 2 Effective Date.
Xxxxx Xxxxxx Title: Senior Vice President By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title:] Vice President The undersigned Term Lender hereby consents to this Amendment and consents to convert 100% of the outstanding principal amount of the Original Term Loan held by such Lender (or such lesser amount allocated to such Lender by the Amendment No. 1 Lead Arranger) into a Term B Loan in a like principal amount on the Amendment No. 1 Effective Date.
On each of December 1, 2016 and January 1, 2017, in addition to making the aforementioned interest payments, Borrower shall also make (i) a payment of $83,333.33 with respect to the Term A Loan, which shall be deemed to be a partial payment of the principal amount of the Term A Loan, and (ii) a payment of $55,555.56 with respect to the Term B Loan, which shall be deemed to be a partial payment of the principal amount of the Term B Loan.
The Second Extended DIP Facility consists of an $800,000,000 Tranche A Loan (including a $500,000,000 letter of credit subfacility) and a $500,000,000 Tranche B Loan.