Examples of B Loans in a sentence
The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans).
The Term B Borrowing shall consist of Term B Loans made simultaneously by the Term B Lenders in accordance with their respective Term B Commitments.
OPTION B – CONSENT TO AMENDMENT VIA CASH SETTLEMENT (ON A PAYDOWN AND REALLOCATION BASIS): ☐ Consent to the Amendment and agrees to sell all of its existing Term B Loans to the Replacement Lender pursuant to the Master Assignment and Assumption.
Term B Loans may be Base Rate Loans or Eurodollar Rate Loans as further provided herein.
Term B Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
Term B Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
The proceeds of the Term B Loans and the Revolving Credit Loans shall be used in a manner consistent with the uses set forth in the Preliminary Statements to this Agreement.
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.
Committed Tranche B Loans may be Base Rate Loans, Eurocurrency Rate Loans, Canadian Prime Rate Loans, Bankers’ Acceptances or BA Equivalent Notes, as further provided herein.
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.