Incremental Term B Loans definition

Incremental Term B Loans has the meaning specified in Section 2.14(a).

Incremental Term B Loans means any term B loans made pursuant to Section 2.14(a).

Incremental Term B Loans means the Loans made by an Incremental Lender pursuant to its Incremental Term B Commitments.

Examples of Incremental Term B Loans in a sentence

• To request a Borrowing of Incremental Term B Loans on the Effective Date, the Borrower shall notify the Administrative Agent of such request in writing not later than 5:00 p.m., New York City time, one Business Day prior to the Effective Date (or such later time as the Administrative Agent may agree).

• Amendment No. 1 Incremental Term B Loans that are repaid or prepaid may not be re-borrowed.

• The Amendment No. 1 Incremental Term B Commitments shall automatically terminate on the Amendment No. 1 Effective Date (after the making of the Amendment No. 1 Incremental Term B Loans on such date).

• In the event any Incremental Term B Loans are made, such Incremental Term B Loans shall be repaid on each Term B Installment Payment Date occurring on or after the applicable Increased Amount Date as set forth in the applicable Incremental Joinder Agreement.

• Each Amendment No. 1 Incremental Term B Lender hereby authorizes the Company and the Administrative Agent to enter into one or more amendments to the Amended Credit Agreement to effect any such increase to the Applicable Margin applicable to the Amendment No. 1 Incremental Term B Loans contemplated by the immediately preceding sentence, without the consent of any Amendment No. 1 Incremental Term B Lender or any other person.

More Definitions of Incremental Term B Loans

Incremental Term B Loans means term loans established pursuant to an Additional Term B Loan Commitment or an Other Term B Loan Commitment.

Incremental Term B Loans has the meaning assigned to such term in Section 2.22(a).

Incremental Term B Loans means the Loans made pursuant to Section 3 of this Agreement.

Incremental Term B Loans means Term B Loans made by one or more Lenders to the Borrower pursuant to Section 2.20. Incremental Term B Loans may be made in the form of additional Term B Loans or, to the extent permitted by Section 2.20 and provided for in the relevant Incremental Amendment, Other Term B Loans.

Incremental Term B Loans shall have the meaning assigned to such term in the recitals hereto.

Incremental Term B Loans shall have the meaning assigned to such term in Section 2.21(a), to the extent permitted by Section 2.21 and provided for in the relevant Incremental Assumption Agreement.

Incremental Term B Loans. Notwithstanding anything herein to the contrary, no Lender shall have any obligation to agree to increase its Commitment, or to provide a Commitment, pursuant to this Section 2.21 and any election to do so shall be in the sole discretion of such Lender.