Existing Term B Loan definition

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.
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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.
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Existing Term B Loan means the Closing Date Term Loans (as defined under the Original Credit Agreement) constituting Term B Loans outstanding hereunder prior to the First Amendment Effective Date.
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Examples of Existing Term B Loan in a sentence

  • For the avoidance of doubt, each Non-Consenting Lender shall be deemed to have executed an Assignment and Acceptance with respect to all of its then outstanding Existing Term B Loan and/or Existing Term C Loans.

  • 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.

  • Subject to the terms and conditions set forth herein, (i) each Term B Lender with a Term B Loan Commitment severally agrees to make a single loan to the Company on the Restatement Effective Date in Dollars in an amount not to exceed such Term B Lender’s Term B Loan Commitment and (ii) the Converted Existing Term B Loan of each Lender shall convert into a Term B Loan on the Restatement Effective Date in a principal amount equal to the principal amount of such Lender’s Converted Existing Term B Loan.

  • By executing a consent to the amendment and restatement of the Original Credit Agreement to occur on the Restatement Effective Date, each Existing Term B Lender agrees to all other provisions of this amendment and restatement and to the conversion of its Existing Term B Loan to each Borrower into a Term C Loan to such Borrower.

  • The aggregate amount of the Existing Term B Loans is $70,000,000 and the amount of each Lender's Existing Term B Loan that shall be maintained and continued as a Term B Loan is set forth opposite its name on Schedule 2.1 annexed hereto.

  • A resubmitted manuscript shall be assigned to the handling editor of the initial submission except in extenuating circumstances.


More Definitions of Existing Term B Loan

Existing Term B Loan is defined in the recitals hereto.
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Existing Term B Loan means a “Term B Loan” under the Existing Credit Agreement outstanding immediately prior to the effectiveness of this Agreement.
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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.
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Existing Term B Loan means a "Term B Loan" as defined in the Original Credit Agreement.
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Existing Term B Loan is defined in clause (i)(b) of SECTION 2.1.1.
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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 has the meaning specified in Section 2.17(a).

  • Existing Term Loan Agreement means that certain Term Loan Agreement, dated as of April 9, 2020, by and among the Borrower, the lenders from time to time party thereto and Crédit Agricole Corporate and Investment Bank, as administrative agent for the lenders, as amended, modified, supplemented or replaced from time to time.

  • 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).

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of June 29, 2018, by and among, the Borrower, Vertex Holdings, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc., as administrative agent, as amended, restated, amended and restated, supplemented or otherwise modified from time to time.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • 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).

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche A Term Loan as defined in Section 2.1.

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

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • 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.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding 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 Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • 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.