Class B Revolving Loan definition

Class B Revolving Loan means a Loan made by a Class B Revolving Lender to Company pursuant to Section 2.1.

Class B Revolving Loan means (a) each Revolving Loan outstanding under (and as defined in) the Existing Credit Agreement as of the Restatement Effective Date as to which the Lender is a Class B Lender and (b) a Loan made on or after the Restatement Effective Date pursuant to Section 2.01(b).

Class B Revolving Loan each Revolving Loan made by a Class B Lender.

Examples of Class B Revolving Loan in a sentence

• On or prior to the first date upon which any Class B Revolving Lender makes a Class B Revolving Loan to Company pursuant to Section 2.1(a)(ii), each Class B Lender hereby agrees to appoint an agent to act in accordance with the terms hereof and the other Credit Documents (the “Class B Agent”).

• Notwithstanding anything herein to the contrary, on any Credit Date with respect to a Credit Extension of a Class B Revolving Loan, Company may without further action on the part of Company distribute the proceeds of such Class B Revolving Loan to Holdings so long as no Class B Borrowing Base Deficiency or Class A Borrowing Base Deficiency has occurred or would result therefrom (a “Borrower Distribution”).

• Any such increase shall be apportioned among the Classes pro rata, based on the ratio of Class A Revolving Loan Commitments and Class B Revolving Loan Commitments.

• The Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each Class B Lender the then unpaid principal amount of each Class B Revolving Loan of such Class B Lender on the Termination Date of the Class B Revolving Commitments (or on the respective Termination Date following any Extension of Revolving Commitments with respect to any Class B Revolvingof Revolving Loan Commitments pursuant to Section 2.27).

• Notwithstanding anything herein to the contrary, a Class B Revolving Lender shall not be obligated to fund any Class B Revolving Loan at any time if, after giving effect to such Class B Revolving Loan, the aggregate outstanding Class B Revolving Loans funded by such Class B Revolving Lender hereunder would exceed an amount equal to such Class B Revolving Lender’s Commitment.

More Definitions of Class B Revolving Loan

Class B Revolving Loan means a Revolving Loan made by a Class B Revolving Lender to the Borrower pursuant to Section 2.1.

Class B Revolving Loan. A Revolving Loan funded or maintained by a Class B Lender.

Class B Revolving Loan means a Revolving Credit Loan made by any Class B Revolving Lender pursuant to its Class B Revolving Commitment. “Code” means the Internal Revenue Code of 1986, as amended from time to time. “Collateral” means any and all assets, whether real or personal, tangible or intangible, on which Liens are purported to be granted pursuant to the Security Documents as security for the Secured Obligations. “Collateral Agent” has the meaning assigned to such term in the Collateral Agreement. “Collateral Agreement” means the Collateral Agreement among Holdings, the Borrower, each other Loan Party and the Collateral Agent, substantially in the form of Exhibit C. “Collateral and Guarantee Requirement” means, at any time, the requirement that:

Class B Revolving Loan means a Revolving Credit Loan made by any Class B Revolving Lender pursuant to its Class B Revolving Commitment. “Code” means the Internal Revenue Code of 1986, as amended from time to time. “Collateral” means any and all assets, whether real or personal, tangible or intangible, on which Liens are purported to be granted pursuant to the Security Documents as security for the Secured Obligations. “Collateral Agent” has the meaning assigned to such term in the Collateral Agreement. 14 US-DOCS\115047431.4

Class B Revolving Loan means a loan made by a Class B Lender to Company pursuant toSection 2.1.

Class B Revolving Loan means a Loan made pursuant to Section 2.01(a)(ii)(B). “Code” means the Internal Revenue Code of 1986, as amended from time to time.

Class B Revolving Loan means a Revolving Loan made by a Class B Revolving Lender to the Borrower pursuant to Section 0. “Class B Undrawn Fee” means [***] “Collateral” means, collectively, all of the property (including Capital Stock of the Borrower) in which Liens are purported to be granted pursuant to the Collateral Documents as security for the Obligations. “Collateral Agent” as defined in the preamble hereto.