Examples of Existing Term Loan B in a sentence
Each Existing Term Loan B Lender selecting Option B on the Term Loan B Lender Consent hereto hereby consents and agrees (subject to the effectiveness of the assignment referred to in the following clause (ii)) to (i) this Third Amendment and (ii) sell the entire principal amount of its existing Term B Loans via an assignment on the Third Amendment Effective Date pursuant to a Master Assignment.
Each Existing Term Loan B Lender selecting Option A on the Term Loan B Lender Consent hereby consents and agrees to this Third Amendment.
The proceeds from the new lenders were used to prepay in full all of the Existing Term Loan B loans that were not converted into the new Term Loan B tranche.As of March 31, 2017, the Credit Agreement, as amended, provided the Company with a $1,153 million Term Loan A and a $398.0 million Term Loan B, and a $500.0 million Revolving Credit Facility, with a sublimit for letters of credit of $100.0 million.
McMullanSenior Vice President and Chief Financial Officer EXHIBITSExhibitNumber Description99.1 Press Release issued by MACOM Technology Solutions Holdings, Inc., dated February 28, 2017.Exhibit 99.1 February 28, 2017MACOM Announces Launch of $590 Million Repricing of Existing Term Loan B LOWELL, Mass., February 28, 2017 - MACOM Technology Solutions Holdings, Inc.
Subject to the terms and conditions hereof, the Term Loan A Lenders severally agree to make term loans (each, a “T erm Loan A”) to Borrower on the Closing Date (all or any portion of which may be effectuated pursuant to an Existing Term Loan B Cashless Roll, as may be applicable) in an amount for each Term Loan A Lender not to exceed the amount of the Term Loan A Commitment of such Term Loan A Lender.
Fees and Expenses 36New Term Loan B 525 Pay Down Existing Term Loan B 206Total Sources $857 Total Uses $857 Pro Forma CapitalizationThe following table sets forth pro forma capitalization for the Transaction: Exhibit 2: Pro Forma Capitalization($ in millions) ($ in millions)PF EquityFollow-On Trans.