Incremental Term B Facility definition

Incremental Term B Facility means the commitments (if any) of Additional Term Lenders to make Incremental Term B Loans in accordance with Section 2.14(a) and the Incremental Term B Loans in respect thereof.
Incremental Term B Facility means an Incremental Term Facility other than an Incremental Term A Facility.
Incremental Term B Facility is defined in Section 2.19(a)(C).

Examples of Incremental Term B Facility in a sentence

  • The Third Incremental Term B Facility and all interest, fees and other amounts pertaining thereto constitute Obligations and are secured ratably by all of the Collateral.

  • The LIBO Rate for the Incremental Term B Facility Loans shall be the same as the LIBO Rate for the existing Term B Loans.

  • Loans under the Incremental Term B Facility (other than the Incremental Delayed Draw Loans) or the Backstop Term B Facility (other than the Backstop Delayed Draw Loans), as the case may be, shall be available to be drawn in a single borrowing on the Closing Date.

  • The Borrowing is being advanced under the [Revolving Facility] [Revolving Multicurrency Facility] [Term A-3 Facility] [Term A-5 Facility] [Initial Term B Facility] [2017 Rook Incremental Term B Facility] [2017 Incremental Term B-1 Facility] [2017 Incremental Term B-2 Facility].

  • The Term Loan (after giving effect to the advance of the Incremental Term B Facility as a part of the Term Loan) shall have received a rating from each of Xxxxx’x and S&P and the Borrower shall have received a corporate family/corporate credit rating from each of Xxxxx’x and S&P.


More Definitions of Incremental Term B Facility

Incremental Term B Facility and the loans thereunder, the “Incremental Term B Loans”) shall be no shorter than the maturity date and remaining weighted average life to maturity of the then-existing (or committed) Term B Loans (including any previously made Incremental Term B Loans), in each case calculated as of the date of making such Incremental Term Loan;
Incremental Term B Facility has the meaning assigned to such term in Section 2.22(a).
Incremental Term B Facility means any Incremental Term Facility consisting of Incremental Term B Loans. “Incremental Term B Loans” means any Incremental Term Loan that constitutes a Customary Term B Loan. “Incremental Term Facility” has the meaning assigned to such term in S ection 2.22(a).
Incremental Term B Facility has the meaning specified in Section 2.12(c)(iv).
Incremental Term B Facility means, at any time, the aggregate amount of the Incremental Term Lenders' Incremental Term B Commitments at such time.
Incremental Term B Facility has the meaning set forth in Section 2.02(g)(ii).
Incremental Term B Facility means the commitments (if any) of Additional Term Lenders to make Incremental Term B Loans in accordance with Section 2.14(a) and the Incremental Term B Loans in respect thereof. “Incremental Term B Loans” means any term B loans made pursuant to Section 2.14(a).