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.
Lender hereby converts the Existing Term Loan B into the Loan in the aggregate principal amount equal to $100,543,574.95.
The principal amount of each Segment of the Existing Term Loan B outstanding hereunder from time to time shall bear interest and the Existing Term Loan B shall be repayable as herein provided.
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 First Amendment and (ii) sell the entire principal amount of its existing Term B Loans via an assignment on the First Amendment Effective Date pursuant to a Master Assignment.
As used herein, the terms "this Agreement", "Company", "Numatics Ltd.", "Numatics GmbH", "Borrower", "Borrowers", "Lenders", "Lender", "Administrative Agent", "Documentation Agent", "Agents", "Agent", "Existing Lenders", "Existing Lender", "Existing Loan Agreement", "Existing Term Loan A", "Existing Term Loan B" and "Existing Revolving Credit" shall have the respective meanings ascribed thereto in the initial and introductory paragraph of this Agreement.
As of the date of this Agreement, the aggregate Outstanding Amount of the Existing Term Loan B is $149,250,000.
No amount of the Existing Term Loan B repaid or prepaid by the Borrower may be reborrowed hereunder, and (except as provided pursuant to Section 2.15) no Borrowing under the Existing Term Loan B Facility shall be allowed or is contemplated by this Agreement.
Borrower hereby acknowledges that on the Closing Date, the aggregate combined unpaid principal balance of Existing Term Loan A and Existing Term Loan B is $649,300.00, and that such amount is unconditionally owed by Borrower to Fleet, as the sole Lender, without offset, defense or counterclaim of any kind, nature or description whatsoever.
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.