Incremental Term B-2 Loans definition

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 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 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 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 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.

• The New Incremental Term Loans shall constitute an increase to the 2022 Incremental Term B-2 Loans and shall form a single Class with the 2022 Incre- mental Term B-2 Loans.

• 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 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 Applicable Rate for the Incremental Term B-2 Loans shall be (x) 3.25% per annum, in the case of any Incremental Term B-2 Loan that is a Eurodollar Rate Loan, and (y) 2.25% per annum, in the case of any Incremental Term B-2 Loan that is a Base Rate Loan.

• On or prior to the Amendment No. 9 Effective Date, Irish Holdco shall have delivered or caused to be delivered to the Administrative Agent a solvency certificate from a director or senior financial officer of Irish Holdco, substantially in the form of Exhibit C to the Credit Agreement, attesting to the solvency of Irish Holdco and its Subsidiaries, taken as a whole, after giving effect to the Borrowing of the Incremental Term B-2 Loans and the use of proceeds thereof.

More Definitions of Incremental Term B-2 Loans

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

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

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 specified in Amendment No. 3.