B Type Term Loans definition

B Type Term Loans has the meaning specified in Section 2.23(b)(i).
B Type Term Loans means any term loans that are not A Type Term Loans.
B Type Term Loans means any term loans which (w) have scheduled amortization not to exceed 1.00% per annum, (x) have a final maturity of greater than five years, (y) are secured by some or all of the Collateral on an equal and ratable basis with the Obligations and Obligations (as defined in the Leidos Credit Agreement) and (z) are guaranteed by some or all of the Guarantors.

More Definitions of B Type Term Loans

B Type Term Loans has the meaning specified in Section 2.23(b)(i). “Bail-In Action” means, as to any EEA Financial Institution, the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of such EEA Financial Institution.
B Type Term Loans has the meaning specified in Section 2.23(b)(i). “Bail-In Action” means the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution. “Bail-In Legislation” means (a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law, regulation, rule or requirement for such EEA Member Country from time to time that is described in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, Part I of the United 7
B Type Term Loans means any term loans that are not A Type Term Loans. (ii) Notwithstanding the foregoing, no Incremental Commitment shall become effective under this Section 2.23(b) unless (i) on the date of such effectiveness, (A) (1) the representations and warranties contained in Section 4.01 are true and correct in all material respects (except for those representations and warranties that are qualified by materiality or Material Adverse Effect, which shall be true and correct in all respects) and (2) no Default or Event of Default shall have occurred and be continuing (and the Agent shall have received a certificate to that effect dated such date and executed by a Financial Officer of the Borrower); provided that, in connection with any Incremental Term Commitment, the proceeds of which are, concurrently with the receipt thereof, to be used by the Borrower to finance, in whole or in part, a Permitted Acquisition, then the 104

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