Converted Term B-2 Loan definition

Converted Term B-2 Loan means each outstanding Existing Term B-2 Loan held by a Consenting Term B-2 Lender on the Amendment No. 2 Effective Date immediately prior to the effectiveness of Amendment No. 2.

Converted Term B-2 Loan means each Term B-2 Loan held by an Amendment No. 7 Consenting Lender on the Amendment No. 7 Effective Date immediately prior to the effectiveness of Amendment No. 7 that has indicated on its signature page to Amendment No. 7 that such Lender wishes to convert its Term B-2 Loans to Term B-3 Loans (or, if less, the amount notified to such Lender by the Administrative Agent prior to the Amendment No. 7 Effective Date).

Converted Term B-2 Loan means each Term B-2 Loan held by an Amendment No. 2 Consenting Lender on the Amendment No. 2 Effective Date that has indicated on its counterpart to Amendment No. 2 that it is requesting to have its Term B-2 Loans converted to Term B-3 Loans (or, if less, the amount of such Amendment No. 2 Consenting Lender’s Term B-2 Loan notified to such Lender by the Administrative Agent as such Lender’s Converted Term B-2 Loan).

Examples of Converted Term B-2 Loan in a sentence

• Subject to the terms and conditions hereof, each Converted Term B-2 Loan shall be converted into a Term B-3 Loan on the Amendment No. 2 Effective Date and shall be deemed made to the Borrower as of such date in an aggregate principal amount in Dollars equal to the aggregate principal amount of such Converted Term B-2 Loan immediately prior to the Amendment No. 2 Effective Date.

• Queue Detector Failures: If all of the queue detectors fail during metering, then the Field Controller shall eliminate the Queue Override and the Short Stop features.

• A non-restrictive strategy sets the metering rate equal to the average non-metered ramp demand.‌ Metering with Queue Override Queue override can be used with any type of metering.

• At the same time, outputs of these two modules, along with outputs of the ALINEA Core and Queue Override modules become inputs to the Final Ramp Flow Specification module, whose output is finally the input to the Implementation module.

More Definitions of Converted Term B-2 Loan

Converted Term B-2 Loan shall have the meaning assigned to such term in Amendment No. 3.

Converted Term B-2 Loan means the Allocated Amount of each Term B-2 Loan held by a Term B-2 Converting Lender on the Amendment No. 3 Effective Date immediately prior to the effectiveness of Amendment No. 3. The aggregate principal amount of the Converted Term B-2 Loans and the Converted Term B Loans as of the Amendment No. 3 Effective Date is $23,290,375.36.

Converted Term B-2 Loan means each Term B-2 Loan held by an Amendment No. 4 Consenting Lender on the Amendment No. 4 Effective Date (or, if less (and solely in the event that all Term B-2 Loans (other than Converted Term B-2 Loans) are repaid on the Amendment No. 4 Effective Date), the amount of such Amendment No. 4 Consenting Lender’s Term B-2 Loan notified to the Administrative Agent and the Borrower by the Amendment No. 4 Arranger as such Lender’s Converted Term B-2 Loan) immediately prior to the extension of credit hereunder on the Amendment No. 4 Effective Date (but following the prepayment of Term B-2 Loans contemplated to occur on the Amendment No. 4 Effective Date pursuant to Section 2.05(b)(ix)).