Incremental Term B-2 Loans definition
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.