Examples of Class B Term Loans in a sentence
The presiding officer must ensure that the quality of the recording is adequate such that all comments can be clearly understood and the identity of all speakers can be determined.
This Note is one of the Borrower's "Class B Term Notes" and is issued pursuant to and is entitled to the benefits of the Loan Agreement to which reference is hereby made for a more complete statement of the terms and conditions under which the Class B Term Loans evidenced hereby were or are made and are to be repaid.
Notwithstanding the foregoing, (1) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Class B Term Loans in accordance with Sections 2.12 and 2.13, as applicable, and (2) the Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Term Loan Termination Date.
Any Term Lender that is a non-consenting Lender in respect of a Repricing Event may be replaced in accordance with Section 10.08(d) to the extent permitted thereby; provided that any such Term Lender so replaced shall be entitled to the prepayment premium set forth in clause (i) of the preceding sentence with respect to its Class B Term Loans so assigned unless such fee is waived by such Term Lender.
Notwithstanding the foregoing, (1) such Installments shall be reduced in connection with any mandatory or voluntary prepayments of the Class B Term Loans in accordance with Sections 2.12 and 2.13, as applicable and (2) the Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Term Loan Termination Date.
Unless otherwise agreed to by the Administrative Agent, to request the Class B Term Loans on the Closing Date, the Borrower shall notify the Administrative Agent of such request by telephone (i) in the case of a Eurodollar Loan, not later than 2:00 p.m., New York City time, two (2) Business Days before the Closing Date and (ii) in the case of an ABR Loan, not later than 1:00 p.m., New York City time one (1) Business Day before the Closing Date.
Each Lender’s Commitment shall terminate immediately and without further action on the Closing Date after giving effect to the funding by such Lender of the Class B Term Loans to be made by it on such date.
The Lenders also hereby consent to all Class A Term Loans and Class B Term Loans under the Amended Credit Agreement having the same Interest Period end date as the Term Loans under the Existing Credit Agreement that they are refinancing.
The Agent Bank, the existing Banks, the Class B Loan Agent and the existing Class B Lenders are willing to allow the Borrower to obtain such increased Class B Term Loans on the condition that the repayment of all Class B Term Loans be subordinated to the repayment of the Revolving Credit Facility pursuant to a Subordination Agreement and on other conditions set forth herein.
Socio-economical beneficial effects derived from health care and educational facilities due to the increased access to reliable high-speed Internet connectivity is the most likely indirect effect from any of the build alternatives, including the Proposed Action.