Incremental Term B-2 Loans definition

Incremental Term B-2 Loans means the Incremental Term Loans funded on the Amendment No. 3 Effective Date pursuant to Section 2.01(a), which, upon funding, shall be a single Class of Term Loans with the Term B-2 Loans.

Incremental Term B-2 Loans means term loans made by the Incremental Term B-2 Lenders to the Borrower pursuant to the Fourth Incremental Assumption and Amendment Agreement on the Fourth Incremental Assumption and Amendment Agreement Effective Date.

Incremental Term B-2 Loans means each Incremental Term Loan funded pursuant to the Incremental Term B-2 Commitment.

Examples of Incremental Term B-2 Loans in a sentence

• The commitment of the 2022 Incremental Term B-2 Lenders to make the 2022 Incremental Term B-2 Loans shall be automatically and permanently reduced to $0 on the Amendment No. 5 Effective Date upon the making of the 2022 Incremental Term B-2 Loans in accordance with Section 2.01.

• The Term Commitment of each Incremental Term B-2 Lender was automatically and permanently reduced to $0 upon the making of such Lender’s Incremental Term B-2 Loans pursuant to Section 2.01(a)(ii).

• The New Term Loans shall be funded with a single Interest Period which shall be the same as the Interest Period of the existing 2022 Incremental Term B-2 Loans as in effect immediately prior to the Amendment No. 8 Effective Date, and the New Term Lenders hereby consent to such Interest Period.

• The 2022 Incremental Term B-2 Upsize Loans shall be deemed to be part of the same Class and the same tranche of Term Loans as the 2022 Incremental Term B-2 Loans.

• The aggregate principal amount of 2022 Incremental Term B-2 Loans outstanding as of the Amendment No. 8 Effective Date is $3,103,644,250.

• The Incremental Term B-2 Commitment of each Term B-2 Lender shall be automatically and permanently reduced to $0 upon the making of such Term B-2 Lender’s Incremental Term B-2 Loans pursuant to Amendment No. 3.

• The Parent Borrower agrees to pay on the Amendment No. 4 Effective Date to each Incremental Term B-2 Lender, as fee compensation for the funding of such Lender’s Incremental Term B-2 Loan, a funding fee (the “Amendment No. 4 Funding Fee”) in an amount equal to 0.25% of the stated principal amount of such Lender’s Incremental Term B-2 Loans funded on the Amendment No. 4 Effective Date.

• On the Fourth Incremental Assumption and Amendment Agreement Effective Date (after giving effect to the funding of the Incremental Term B-2 Loans to be made on such date), the Term B-2 Loan Commitments of each Lender as of the Fourth Incremental Assumption and Amendment Agreement Effective Date will terminate.

• Other than as set forth in the Amended Credit Agreement, the New Incremental Term Loans shall have terms and provisions identical to those applicable to the 2022 Incremental Term B-2 Loans after giving effect to this Amendment.

• All unpaid Incremental Term B-2 Loans shall be paid in full in Dollars by the Applicable Borrower on the applicable Maturity Date.

More Definitions of Incremental Term B-2 Loans

Incremental Term B-2 Loans has the meaning specified in Amendment No. 3.

Incremental Term B-2 Loans the Term B-2 Loans being made under this Agreement.

Incremental Term B-2 Loans and the Commitments with respect to such Loans, the “Incremental Term B-2 Commitments”) under the Credit Agreement having identical terms with, of the same Class as and having the same rights and obligations under the Loan Documents as the Term B-2 Loans, as set forth in the Credit Agreement and the other Loan Documents, as such terms are amended hereby;

Incremental Term B-2 Loans has the meaning assigned to such term in Section 2.21(a).”