Examples of Incremental Term B-1 Loans in a sentence
The full amount of the Incremental Term B-1 Commitments must be drawn in a single drawing on the Amendment No. 1 Effective Date and amounts repaid or prepaid in respect of Incremental Term B-1 Loans may not be reborrowed.
All unpaid Incremental Term B-1 Loans shall be paid in full in Dollars by the Applicable Borrower on the applicable Maturity Date.
The Incremental Term B-1 Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Incremental Term B-1 Loans pursuant to Section 2.01.
As provided in Section 2.07(a) and subject to the terms hereof, the Borrowers may elect that the Incremental Term B-1 Loans comprising the Borrowing hereunder of Incremental Term B-1 Loans be either ABR Loans or Eurocurrency Loans.
The Incremental Term B-1 Loans shall be considered an increase to (and part of) the Term B-1 Loans.