Converted Term B Loan definition

Converted Term B Loan means each Term B Loan held by an Amendment No. 1 Consenting Lender on the Amendment No. 1 Effective Date (or, if less, the amount notified to such Lender by the Administrative Agent) immediately prior to the effectiveness of Amendment No.
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Converted Term B Loan means, with respect to any Amendment No. 3 Consenting Lender that has consented to its Term B Loan being converted to a Term B-1 Loan, the entire outstanding Term B Loan held by such Amendment No. 3 Consenting Lender (or such lesser amount notified to such Amendment No. 3 Consenting Lender by the Administrative Agent) immediately prior to the effectiveness of Amendment No. 3 on the Amendment No. 3 Effective Date.
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Converted Term B Loan means each Term B Loan held by a Converting Consenting Term B Lender on the Fourth Amendment Effective Date immediately prior to the deemed funding of the corresponding Term B-1 Loan on such date.
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Examples of Converted Term B Loan in a sentence

  • On the Amendment No. 2 Effective Date, each Converted Term B Loan of each Amendment No. 2 Consenting Lender shall be converted into a loan with the same Type and Class as the Additional Term B-1 Loan effective as of the Amendment No. 2 Effective Date in a principal amount equal to the principal amount of such Lender’s Converted Term B Loan immediately prior to such conversion.

  • Each Amendment No. 2 Consenting Lender with a Converted Term B Loan waives the provisions of this Section 3.05 with respect to the prepayment and/or conversion of its Term B Loans immediately following the Amendment No. 2 Effective Time.


More Definitions of Converted Term B Loan

Converted Term B Loan means each Term B Loan held by an Amendment No. 4 Consenting Lender on the Amendment No. 4 Effective Date immediately prior to the effectiveness of Amendment No. 4.
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Converted Term B Loan as to any Converting Term B Lender that has indicated on its counterpart to Amendment No. 1 that it is requesting to convert its Term B Loan to a Term B-1 Loan and/or a Term B-2 Loan the entire aggregate principal amount of such Converting Term B Lender’s Term B Loan (or, if less, the amount notified to such Lender by the Administrative Agent prior to the Amendment No. 1 Effective Date).
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Converted Term B Loan as to any Converting Term B Lender that has indicated on its counterpart to Amendment No. 1 that it is requesting to convert its Term B Loan to a Term B-1 Loan and/or a Term B-2 Loan the entire aggregate principal amount of such Converting Term B Lender’s Term B Loan (or, if less, the amount notified to such Lender by the Administrative Agent prior to the Amendment No. 1 Effective Date). “Converted Second Amendment Term A Loan”: as to any Converting Second Amendment Term A LenderConverting Second Amendment Term A Lender that has indicated on its counterpart to Amendment No. 2 that it is requesting to convert its Term A-4 Loan to a Term A-5 Loan, the entire aggregate principal amount of such Converting Term A-5 Lender’s Term A-4 Loan Term A-4 Loan (or, if less, the amount notified to such Lender by the Administrative Agent prior to the Amendment No. 2 Effective Date). “Converting Second Amendment Term A LenderConsenting Fifth Amendment Term B-4 Lender”: each Lender with a Term B-1 Loan immediately prior to the Amendment No. 5 Effective Date that has returned a counterpart to Amendment No. 5 indicating its election to have its Term B-1 Loan converted to a Term B-4 Loan on the Amendment No. 5 Effective Date. “Converting Second Amendment Term A Lender”: each Lender with a Term A-4 Loan immediately prior to the Amendment No. 2 Effective Date that has returned a counterpart to Amendment No. 2 indicating its election to have its Term A-4 Loan converted to a Term A-5 Loan on the Amendment No. 2 Effective Date. “Converting Term B Lender”: each Lender with a Term B Loan immediately prior to the Amendment No. 1 Effective Date that has returned a counterpart to Amendment No. 1 indicating its election to have its Term B Loan converted to a Term B-1 Loan and/or a Term B-2 Loan, as applicable, on the Amendment No. 1 Effective Date. “Daily Simple SOFR” with respect to any applicable determination date means the SOFR published on such date on the Federal Reserve Bank of New York’s website (or any successor source). “De Minimis Subsidiary” at any date of determination, each Subsidiary of the Borrower that (x) is not a Specified Excluded Subsidiary and (y) does not account for more than 510% of (i) Total Assets on the date of the most recent consolidated balance sheet delivered pursuant to Section 6.1(a) or (b) or (ii) consolidated total revenues of the Borrower and its Subsidiaries for the period of four fiscal quarters ending on the date of the most recent consolidated bal...
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Converted Term B Loan as to any Converting Term B Lender that has indicated on its counterpart to Amendment No. 1 that it is requesting to convert its Term B Loan to a Term B-1 Loan and/or a Term B-2 Loan the entire aggregate principal amount of such Converting Term B Lender’s Term B Loan (or, if less, the amount notified to such Lender by the Administrative Agent prior to the Amendment No. 1 Effective Date). “Converted Second Amendment Term A Loan”: as to any Converting Term A Lender”: meansSecond Amendment Term A Lender that has indicated on its counterpart to Amendment No. 2 that it is requesting to convert its Term A-4 Loan to a Term A-5 Loan, the entire aggregate principal amount of such Converting Term A-5 Lender’s Term A-4 Loan (or, if less, the amount notified to such Lender by the Administrative Agent prior to the Amendment No. 2 Effective Date). “Converting Second Amendment Term A Lender”: each Lender with a Term A-24 Loan and/or Term A-3 Loan, as applicable, immediately prior to the Amendment No. 12 Effective Date that has returned a counterpart to Amendment No. 12 indicating its election to have its Term A-2 Loan and/or Term A-34 Loan converted to a Term A-45 Loan on the Amendment No. 12 Effective Date. “Converting Term B Lender”: means each Lender with a Term B Loan immediately prior to the Amendment No. 1 Effective Date that has returned a counterpart to Amendment No. 1 indicating its - 13-
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Converted Term B Loan means the full amount of each Term B Loan held by each Amendment No. 2 Consenting Lender immediately prior to the effectiveness of Amendment No. 2 that has indicated on its signature page to Amendment No. 2 that it wishes to convert its Term B Loan to a Term B-1 Loan (or, if less than the full amount, the amount notified to such Lender by the Administrative Agent prior to the Amendment No. 2 Effective Date). “Converted Unrestricted Subsidiary” has the meaning specified in the definition of “EBITDA.” “Credit Agreement Refinancing Indebtedness” means any Other Loans or other Indebtedness designated in writing to the Administrative Agent by a Responsible Officer of the Borrower as Credit Agreement Refinancing Indebtedness on or prior to the date of incurrence, in each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of existing Indebtedness) in exchange for, or to extend, renew, replace or refinance, in whole or part, existing Loans (“Refinanced Term Debt”); provided that such exchanging, extending, renewing, replacing or refinancing Indebtedness (i) is in an original aggregate principal amount not greater than the aggregate principal amount of the Refinanced Term Debt except by an amount equal (a) to unpaid accrued interest and premium (including tender premium) thereon, plus (b) upfront fees and OID and commissions and underwriter discounts on such exchanging, extending, renewing, replacing or refinancing Indebtedness, plus (c) other costs, fees and expenses Exhibit 10.1
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Converted Term B Loan means, with respect to any Amendment No. 3 Consenting Lender that has consented to its Term B Loan being converted to a Term B-1 Loan, the entire outstanding Term B Loan held by such Amendment No. 3 Consenting Lender (or such lesser amount notified to such Amendment No. 3 Consenting Lender by the Administrative Agent) immediately prior to the effectiveness of Amendment No. 3 on the Amendment No. 3
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Related to Converted Term B Loan

  • Incremental Term B Loans has the meaning specified in Section 2.14(a).

  • Required Term B Lenders means, as of any date of determination, Term B Lenders holding more than 50% of the Term B Facility on such date; provided that the portion of the Term B Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term B Lenders.

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).