Examples of Incremental Tranche B-1 Term Loan in a sentence
As long as (i) any Revolving Commitment, (ii) any Revolving Exposure or (iii) any Term Loan (excluding any Incremental Tranche B-1 Term Loan) remains in effect, the Borrower will not permit the First Lien Indebtedness Ratio on any date to exceed 4.00 to 1.00, without the consent of the Specified Majority Lenders.
The Borrower agrees to repay to the Administrative Agent, for the benefit of each New Incremental Tranche B-1 Term Loan Lender, the New Incremental Tranche B-1 Term Loans in accordance with Section 2.08(a)(iv) of the Credit Agreement (as amended hereby).
The Specified Incremental Tranche B-1 Term Loan shall be a Tranche B-1 Term Loan for all purposes of the Credit Agreement, other than Section 2.07 thereof.
Xxx Title: Vice President SCHEDULE 1 New Incremental Tranche B-1 Term Loan Lender New Incremental Tranche B-1 Term Loan Commitment JPMorgan Chase Bank, N.A. $ 350,000,000.00 Exhibit A [BLACKLINE OF CONFORMED CREDIT AGREEMENT] EXECUTION VERSION Exhibit A to Incremental Loan Amendment No. 1 SIXTH AMENDED AND RESTATED CREDIT AGREEMENT(1) dated as of July 31, 2014 between XXXXXXXX TELEVISION GROUP, INC.
The Specified Incremental Tranche B-1 Term Loan made pursuant to the Incremental Term Loan shall be made in accordance with the procedures set forth in Section 2.02 of the Credit Agreement.
The Lenders, the Incremental Tranche B-1 Term Loan Joint Lead Arrangers and the Administrative Agent shall have received all fees required to be paid, and all expenses for which invoices have been presented (including reasonable fees, disbursements and other charges of counsel to the Agents), on or before the Acquisition Incremental Tranche B-1 Funding Date.
As long as (i) any Revolving Commitment, (ii) any Revolving Exposure or (iii) any Term Loan (excluding any Incremental Tranche B-1 Term Loan) remains in effect, the Borrower will not permit the First Lien Indebtedness Ratio on any date to exceed 4.004.25 to 1.00, without the consent of the Specified Majority Lenders.
The Specified Incremental Tranche B-1 Term Loan shall be repaid in quarterly installments as set forth in Section 2.07 of the Credit Agreement (as amended by this Agreement).
Subject to the terms and conditions set forth herein, the Incremental Lender agrees to make a Specified Incremental Tranche B-1 Term Loan to the Borrower on the Incremental Effective Date (as defined below) in an amount equal to the amount set forth under the heading “Specified Incremental Tranche B-1 Term Loan Commitment” opposite the Incremental Lender’s name on Annex II hereto (such commitment, the “Incremental Term Loan”).
The Applicable Margin for each New Incremental Tranche B-1 Term Loan shall be equal to the Applicable Margin for existing Incremental Tranche B-1 Term Loans, as set forth in the definition of “Applicable Margin” in the Credit Agreement.