Examples of Incremental Term B-1 Lender in a sentence
On the Sixteenth Incremental Assumption and Amendment Agreement Effective Date, after giving effect to the funding of the May 2024 Incremental Term B-1 Loans, the May 2024 Incremental Term B-1 Loan Commitment of each May 2024 Incremental Term B-1 Lender shall terminate.
Each Incremental Term B-1 Lender hereby consents to an Interest Period beginning on the Amendment No. 1 Effective Date and ending on December 31, 2012 in respect of the Eurocurrency Borrowing incurred on the Amendment No. 1 Effective Date under the Incremental Term B-1 Facility (the “Initial Incremental Borrowing”).
On the Incremental Term B-1 Funding Date, each Incremental Term B-1 Lender which was not a Lender prior to the Incremental Term B-1 Funding Date will become a Lender for all purposes of the Credit Agreement (as modified hereby).
The Administrative Agent shall have received a Consent substantially in the form of Exhibit A to this Amendment, duly executed by (i) each Existing Incremental Term B-1 Lender (excluding any Assigning Lender (as defined below)), (ii) each Incremental Term A-1 Lender and (iii) each Revolving Lender, in each case, by the Consent Deadline.
For the avoidance of doubt, each Incremental Term B-1 Lender hereby consents to Amendment No. 2 to the Credit Agreement.
Subject to the conditions set forth herein, each Incremental Term B-1 Lender agrees to make such Incremental Term B-1 Loans on the Amendment No. 1 Effective Date in the amount set forth under the heading “Incremental Term B-1 Commitment” on Schedule I hereto.
For each Incremental Term B-1 Lender, delivered herewith to the Administrative Agent or the Borrower, as applicable, are such forms, certificates or other evidence with respect to United States federal income tax withholding matters as such Incremental Term B-1 Lender may be required to deliver to the Administrative Agent or the Borrower, as applicable, pursuant to Section 3.01 of the Credit Agreement.
The Administrative Agent shall have received executed signature pages hereto from (i) the Administrative Agent, (ii) the Incremental Term B-1 Lender and (iii) each of the Loan Parties.
The Incremental Term B-1 Lender agrees that the initial Interest Period with respect to the Incremental Term B-1 Loans shall end on May 7, 2021.
On the Seventh Incremental Assumption and Amendment Agreement Effective Date (after giving effect to the funding of the December 2018 Incremental Term B-1 Loans), the December 2018 Incremental Term B-1 Loan Commitment of each December 2018 Incremental Term B-1 Lender will terminate.