Euro Term B-1 Lender definition
Examples of Euro Term B-1 Lender in a sentence
The Euro Term B-1 Commitment of each Euro Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Euro Term B-1 Lender’s Term Loans pursuant to Section 2.01(b)(ii).
The Administrative Agent shall have received duly executed and delivered counterparts (or written evidence thereof reasonably satisfactory to the Administrative Agent, which may include telecopy transmission of, as applicable, a signed signature page) of this Incremental Amendment No. 1 from (i) each Loan Party, (ii) each Dollar Term B-1 Lender listed on Schedule I and (iii) each Euro Term B-1 Lender listed on Schedule II.
Subject to the terms and conditions hereof and in the Credit Agreement, each Euro Term B-1 Lender severally agrees to make a loan (a “Euro Term B-1 Loan”) on the Incremental Amendment Effective Date in an amount equal to its Euro Term B-1 Loan Commitment.
For each Additional Euro Term B-1 Lender, delivered herewith to the Administrative Agent are such forms, certificates or other evidence with respect to United States federal income tax withholding matters as such Additional Euro Term B-1 Lender may be required to deliver to the Administrative Agent pursuant to Section 10.1 of the Loan Agreement.
The undersigned Euro Term B-1 Lender hereby irrevocably and unconditionally approves the Amendment and consents as follows (check ONE option): ▪ to convert 100% of the outstanding principal amount of the Euro Term B-1 Loan held by such Lender (or such lesser amount allocated to such Lender by the Amendment No. 1 Arranger) into a Euro Term C-1 Loan in a like principal amount.
Each undersigned Euro Term B-1 Lender hereby irrevocably and unconditionally consents to convert 100% of the outstanding principal amount of the Euro Term B-1 Loan held by such Euro Term B-1 Lender (or such lesser amount allocated to such Lender by the Administrative Agent) into a Euro Term B-2 Loan in a like principal amount via a cashless roll.
Each Additional Euro Term B-1 Lender, the Borrower and the Administrative Agent acknowledge and agree that the Additional Euro Term B-1 Commitment provided pursuant to this Agreement shall constitute Additional Euro Term B-1 Commitments for all purposes of the Loan Agreement and the other applicable Loan Documents.
Each Additional Euro Term B-1 Lender hereby agrees to make an Additional Euro Term B-1 Loan to the Borrower in an amount equal to its Additional Euro Term B-1 Commitment on the Amendment No. 2 Effective Date in accordance with Section 2.01(e) of the Loan Agreement.