Existing Term B Loan definition

Existing Term B Loan means the Term B-2 Loans (as defined under this Agreement immediately prior to the Second Amendment Effective Date) outstanding hereunder prior to the Second Amendment Effective Date.
Existing Term B Loan means each Loan extended to the Company pursuant to the Incremental Activation Notice, dated as of March 22, 2018, sent to the Administrative Agent by the Company. The aggregate principal amount of the Existing Term B Loans existing on the A&R Closing Date is $673,750,000.
Existing Term B Loan is defined in the recitals hereto.

Examples of Existing Term B Loan in a sentence

  • Courtesy Professional Staff may attend Professional Staff meetings, but unless the Board so requires shall not be subject to the attendance requirements and penalties as provided by this By-law and the Professional Staff rules.

  • Each Consenting Lender agrees that its Existing Term B Loan shall be designated a “Term B-2 Loan” for all purposes of this Agreement and the other Finance Documents.

  • The outstanding principal balance of the Existing Term B Loan held by Non-Consenting Lenders as of the First Amendment Effective Date shall be designated “Term B-1 Loans” for all purposes of this Agreement and the other Finance Documents.


More Definitions of Existing Term B Loan

Existing Term B Loan is defined in clause (i)(b) of SECTION 2.1.1.
Existing Term B Loan means a "Term B Loan" as defined in the Original Credit Agreement.
Existing Term B Loan means a “Term B Loan” under the Existing Credit Agreement outstanding immediately prior to the effectiveness of this Agreement.
Existing Term B Loan or "Existing Term B Loans" means the Term B Loans (as defined in the Existing Credit Agreement) outstanding on the Effective Date.
Existing Term B Loan means a "Term B Loan" as defined in the Original Credit Agreement.

Related to Existing Term B Loan

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Existing Term Loans has the meaning specified in Section 2.16(a).

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

  • Existing Term Loan Class shall have the meaning provided in Section 2.14(g)(i).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Refinancing Term Loans means one or more Classes of Term Loans hereunder that result from a Refinancing Amendment.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

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

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

  • 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.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.