Examples of Existing Term B-2 Loans in a sentence
The proceeds of the Additional Term B-3 Loans shall be applied toward the payment of (a) the aggregate outstanding principal amount of the Existing Term B-2 Loans and (b) fees, expenses and original issue discount payable in connection with the Additional Term B-3 Loans.
The Term B2 Loans shall be a single, fungible tranche regardless of whether such Term B2 Loans are made by the Additional Term B2 Lender or converted from Existing Term B2 Loans.
The proceeds of the Term B-2 Loans shall be applied toward the payment of (a) the aggregate outstanding principal amount of the Existing Term B-2 Loans and (b) fees, expenses and original issue discount payable in connection with the Term B-2 Loans.
Assignment Settlement Option to have 100% of the outstanding principal amount of the Existing Term B-2 Loans held by such Lender prepaid on the Sixth Amendment Effective Date and to purchase by assignment new Term B-2 Loans in a like principal amount (or such lesser amount allocated to such Lender by the Administrative Agent).
Each Rollover Lender hereby agrees to make Term B-2 Loans up to the aggregate amount of the aggregate principal amount of such Lender’s Existing Term B-2 Loans on the Sixth Amendment Effective Date (as defined in Section 2 below).
Each Rollover Term B-3 Lender and Assignment Term B-3 Lender hereby waives the notice provisions of Section 2.11(a) of the Credit Agreement with respect to the repayment of its Existing Term B-2 Loans contemplated by Sections 6.1 and 6.2, as applicable.
The undersigned hereby irrevocably and unconditionally agrees to the following (check only ONE option): Rollover Settlement Option ¨ to approve the Amendment and to deem prepaid 100% of the outstanding principal amount of the Existing Term B-2 Loans held by such Lender (or such lesser amount allocated to such Lender by the Administrative Agent) with proceeds of a new Term B-3 Loan in a like principal amount.
Each Person delivering a Term Consent hereto agrees not to make any claims to the Borrower pursuant to Section 2.21 of the Credit Agreement with respect to any loss or expense that such Lender may sustain or incur as a consequence of any event caused by the prepayment of its Existing Term B1 Loans or Existing Term B2 Loans on the Amendment No. 3 Effective Date.
Each Rollover Term B-3 Lender and Assignment Term B-3 Lender hereby waives the notice provisions of Section 2.11(a) of the Credit Agreement with respect to the repayment of its Existing Term B-2 Loans contemplated by Sections 5.1 and 5.2, as applicable.
Assignment Settlement Option ¨ to have 100% of the outstanding principal amount of the Existing Term B-2 Loans held by such Lender prepaid on the Twelfth Amendment Effective Date and to purchase by assignment new Term B-3 Loans in a like principal amount (or such lesser amount allocated to such Lender by the Administrative Agent).