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.
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.
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.