Existing Tranche B Loans definition

Existing Tranche B Loans has the meaning specified in Section 2.01(c).
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Existing Tranche B Loans means the Tranche B Term Loans provided under the Existing FNIS Credit Agreement.
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Existing Tranche B Loans has the meaning assigned to such term in the recitals to this Agreement.
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Examples of Existing Tranche B Loans in a sentence

  • After the occurrence of the Contribution and prior to but substantially concurrently with the occurrence of the Spin-Off, the Existing Tranche B Lenders shall participate in the exchange by the Initial Term Lender of its Term B Loan for a like amount of the Existing Tranche B Loans held by the Existing Tranche B Lenders subject to the terms and conditions set forth in this Agreement and in the Exchange Agreement.

  • In connection with the Spin-Off, FNIS shall exchange such Exchange Debt for all of the Existing Tranche B Loans held by the Existing Tranche B Lenders through a debt-for-debt exchange.

  • After the occurrence of the Contribution and prior to but substantially concurrently with the occurrence of the Spin-Off, the Existing Tranche B Lenders shall participate in the exchange by the Initial Term Lender of its Term A Loan for a like amount of the Existing Tranche B Loans held by the Existing Tranche B Lenders subject to the terms and conditions set forth in this Agreement and in the Exchange Agreement.

  • Pursuant to the Existing Loan Agreement, each of the Banks with a Tranche B Commitment thereunder have made term loans designated as “Tranche B Loans” to the Borrower in the aggregate principal amount of $150,000,000 (the “Existing Tranche B Loans”) and such Existing Tranche B Loans are outstanding on the date hereof and shall continue to be outstanding under this Agreement as “Tranche B Loans”.

  • Any amounts of accrued interest or other amounts owed (whether or not presently due and payable) by Borrowers to the Lenders under or in respect of the Existing Tranche A Loans and Existing Tranche B Loans shall, as of the Effective Date, continue to be due and payable to the Lenders under the Revolving Notes issued to the Lenders under this Amended Loan Agreement.

  • On the Eighth Amendment Effective Date, the proceeds of the New Tranche B Loans shall be applied to prepay in full the Existing Tranche B Loans outstanding on the Eighth Amendment Effective Date (immediately prior to the Refinancing), with the balance being remitted to Borrower at the deposit account set forth in the Borrowing Request.

  • A Loans and Existing Tranche B Loans into Tranche A Loans and Tranche B Loans .

  • The proceeds of the New Tranche B Loans and the Tranche B Exit Fee (as defined in the Credit Agreement immediately prior to giving effect to this Amendment) payable on account of the Existing Tranche B Loans shall be payable and/or distributed, as applicable, in accordance with the Cashless Roll Letter (as defined in Appendix 3).

  • Borrowers shall have paid to Agent for distribution to the Lenders under the Existing Loan Agreement principal on the Existing Tranche B Loans in an amount equal to the excess of the aggregate principal amount of such loans on the Effective Date over $10,350,000.

  • The conversion of the Existing Tranche A Loans and Existing Tranche B Loans hereunder shall not be deemed to be repayment thereof, and Borrowers shall not be required to deliver any notice of prepayment or notice of borrowing or to satisfy any other condition relating to required amounts of prepayments or borrowings hereunder with respect to such conversion of the Existing Tranche A Loans and Existing Tranche B Loans.


More Definitions of Existing Tranche B Loans

Existing Tranche B Loans means each "Tranche B Loan," under, and as defined in, the Existing Credit Agreement.
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Existing Tranche B Loans and such Existing Tranche B Loans are outstanding on the date hereof and shall continue to be outstanding under this Agreement as “Tranche B Loans”. As of the Closing Date, each Bank will continue to have a Tranche B Commitment as set forth in Schedule 1 attached hereto. Notwithstanding the foregoing, any incremental Tranche B Loans shall be made in accordance with Section 2.15.
Sample 1
Existing Tranche B Loans with new Tranche B Loans in the aggregate principal amount of $65 million (such new Tranche B Loans, the “New Tranche B Loans”);
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Existing Tranche B Loans means “Tranche B Loans” (as defined in the First Amended and Restated Credit Agreement) outstanding under the First Amended and Restated Credit Agreement immediately prior to the Second Restatement Effective Date.
Sample 1

Related to Existing Tranche B Loans

  • Existing Tranche has the meaning specified in Section 2.19(a).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

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

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • New Revolving Loans as defined in Section 2.25.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Term Commitments means a Term B Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.