Exchanged Term Loans definition

Exchanged Term Loans means each Term B-1 Loan outstanding on the First Restatement Effective Date (or portion thereof) and held by a Rollover Initial Term Lender on the First Restatement Effective Date immediately prior to the extension of credit hereunder on the First Restatement Effective Date and as to which the Rollover Initial Term Lender thereof has consented to exchange into an Initial Term Loan and the Administrative Agent has allocated into an Initial Term Loan.
Exchanged Term Loans is defined in Section 3.1 hereof.
Exchanged Term Loans has the meaning specified in Section 2.01(a)(ii).

Examples of Exchanged Term Loans in a sentence

  • For the avoidance of doubt, notwithstanding anything herein to the contrary, it is acknowledged and agreed that the Existing Term Loans of Exchanging Term Lenders will be converted into and continued as Restatement Term Loans and such Exchanged Term Loans shall be on such terms under the Restated Credit Agreement.

  • For the avoidance of doubt, notwithstanding anything herein to the contrary, it is acknowledged and agreed that the Existing Term Loans of Exchanging Term Lenders will be converted into and continued as First Amendment Term Loans and such Exchanged Term Loans shall be on the same terms (other than to the extent expressly provided in this First Amendment) under the Loan Documents as such Existing Term Loans.

  • For the avoidance of doubt, notwithstanding anything herein to the contrary, it is acknowledged and agreed that the Existing Term Loans of Exchanging Term Lenders will be converted into and continued as Second Amendment Term Loans and such Exchanged Term Loans shall be on the same terms (other than to the extent expressly provided in this Second Amendment) under the Loan Documents as such Existing Term Loans.

  • Subject to the satisfaction of the conditions precedent set forth in Article IV, the undersigned Exchanging Term Lenders hereby waive the payment of accrued and unpaid interest due on the Amendment Effective Date and agree that interest on the Exchanged Term Loans shall continue to accrue pursuant to the terms of the Credit Agreement and all such accrued and unpaid interest shall be paid in arrears on the next Interest Payment Date immediately following the Amendment Effective Date.

  • The exchange of Exchanged Term Loans for Repriced Term Loans and the repayment of Existing Term Loans (other than the Exchanged Term Loans) with the proceeds of the Additional Term Loans contemplated hereby collectively constitute a Repricing Transaction pursuant to the provisions of Section 2.13(c) of the Credit Agreement and shall be subject to the provisions of Section 2.13(c) of the Credit Agreement.


More Definitions of Exchanged Term Loans

Exchanged Term Loans means each Term B-1 Loan (or portion thereof) and Term B-2 Loan (or portion thereof) as to which the Lender thereof has consented pursuant to a Consent (as defined in Amendment No. 3) to exchange into a Term B-3 Loan via cashless settlement and the Amendment No. 3 Arrangers have allocated into a Term B-3 Loan. The aggregate principal amount of Exchanged Term Loans on the Amendment No. 3 Effective Date is $691,183,716.79.
Exchanged Term Loans means with respect to each Initial Purchaser, the First Lien Term Loans identified with respect to such Initial Purchaser on Schedule 2.01 hereto.
Exchanged Term Loans means each Initial Term Loan (or portion thereof) as to which the Rollover Term Lender thereof has consented to exchange into a Term B Loan and the Amendment No. 2 Arranger has allocated into a Term B Loan.
Exchanged Term Loans means each Term B-1 Loan (or portion thereof) and Term B-2 Loan (or portion thereof) as to which the Lender thereof has consented pursuant to a Consent (as defined in Amendment No. 3) to exchange into a Term B-3 Loan via cashless settlement and the Amendment No. 3 Arrangers have allocated into a Term B-3 Loan. The aggregate principal amount of Exchanged Term Loans on the Amendment No. 3 Effective Date is$691,183,716.79. -31-
Exchanged Term Loans is defined in Section 2 of this Amendment No. 4. “Existing Intercreditor Agreement” is defined in the recitals hereto. “Existing Term Lender” means each Lender holding Initial US Term Loans immediately prior to the effectiveness of this Amendment No. 4. “Existing Term Loans” is defined in the recitals hereto. “Holdings” is defined in the preamble hereto. “Lender Consent” is defined in the recitals hereto. “Lenders” is defined in the recitals hereto. “New Intercreditor Agreement” is defined in the recitals hereto. “Refinancing Arranger” means GSLP. “Reaffirmed Documents” is defined in Section 8 of this Amendment No. 4. “Reaffirming Grantor” is defined in Section 8 of this Amendment No. 4. “Reaffirming Loan Guarantor” is defined in Section 8 of this Amendment No. 4. “Reaffirming Parties” is defined in the recitals hereto. “Second Lien Loans” is defined in the recitals hereto. “Second Lien Transactions” is defined in the recitals hereto. “Subsidiary Guarantor” is defined in the preamble hereto. SECTION 2. EXCHANGE OF EXISTING TERM LOANS, AGREEMENT TO MAKE 2018 REFINANCING TERM LOANS AND 2018 UPSIZE TERM LOANS.
Exchanged Term Loans has the meaning assigned to that term in the Recitals to this Agreement.
Exchanged Term Loans means each Initial Term Loan outstanding on the Amendment No. 2 Effective Date (or portion thereof) and held by a Rollover Term B-1 Lender on the Amendment No. 2 Effective Date immediately prior to the extension of credit hereunder on the Amendment No. 2 Effective Date and as to which the Rollover Term B-1 Lender thereof has consented to exchange into a Term B-1 Loan and the Administrative Agent has allocated into a Term B-1 Loan.