Incremental Tranche B Term Loan means a term loan made by a Lender to the Borrower under an Incremental Tranche B Term Facility.
Incremental Tranche B Term Loan has the meaning provided in Section 2.06(b)(iii).
Incremental Tranche B Term Loan means any Incremental Term Loan that would be considered a “Term B” loan under then-existing customary market convention.
Examples of Incremental Tranche B Term Loan in a sentence
No adjustments related to the ESG Pricing Provisions shall apply to the Applicable Rate of the Term B Loan or any then outstanding Incremental Tranche B Term Loan.
More Definitions of Incremental Tranche B Term Loan
Incremental Tranche B Term Loan has the meaning set forth in Section 2.01(c) (Facilities Increase).
Incremental Tranche B Term Loan refers to a Loan made by the Lenders pursuant to Section 2.01(a)(iv).
Incremental Tranche B Term Loan means a loan made pursuant to Section 2 of the Incremental Tranche B Term Amendment. “Incremental Tranche B Term Maturity Date” means January 31, 2019, as the same may be extended pursuant to Section 2.22.
Incremental Tranche B Term Loan means an Incremental Term Loan that is any of (i) an increase to the Tranche B Term Loans made on the Closing Date, (ii) an increase to a prior Series of Incremental Tranche B Term Loans or (iii) a new Series of Incremental Tranche B Term Loans. “Incremental Tranche B Term Loan Note” means a promissory note in the form of Exhibit B-4, as it may be amended, restated, supplemented or otherwise modified from time to time. “Indebtedness” means, as applied to any Person, without duplication, (a) all indebtedness for borrowed money to the extent such indebtedness would be considered indebtedness for borrowed money in accordance with IFRS; (b) that portion of obligations with respect to Capital Leases that is properly classified as a liability on a balance sheet in conformity with IFRS; (c) notes payable and drafts accepted representing extensions of credit whether or not representing obligations for borrowed money; (d) any obligation owed for all or any part of the deferred purchase price of property or services, including any earn-out obligations (excluding any such obligations incurred under ERISA), which purchase price is (i) due more than twelve (12) months from the date of incurrence of the obligation in respect thereof or (ii) evidenced by a note or similar written instrument; (e) all indebtedness (excluding prepaid interest thereon) secured by any Lien on any property or asset owned or held by that Person regardless of whether the indebtedness secured thereby shall have been assumed by that Person or is nonrecourse to the credit of that Person; provided, that any Indebtedness pursuant to this clause (e) shall in each case be limited to the lower of the amount of the indebtedness secured and the fair market value of the property or asset; (f) the face amount of any letter of credit issued for the account of that Person or as to which that Person is otherwise liable for reimbursement of drawings; (g) Disqualified Equity Interests; (h) the direct or indirect guaranty, endorsement (otherwise than for collection or deposit in the ordinary course of business), co-making, discounting with recourse or sale with recourse by such Person of the obligation of another; (i) all net obligations of such Person in respect of any exchange traded or over the counter derivative transaction, including any Interest Rate Agreement and any Currency Agreement, in each case, whether entered into for hedging or speculative purposes; provided, that in no event shall obligations unde...
Incremental Tranche B Term Loan in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
Incremental Tranche B Term Loan means (a) prior to the Tranche B Maturity Date Extension Effective Date, a loan made pursuant to Section 2 of the Incremental Tranche B Term Amendment and (b) on or after the Tranche B Maturity Date Extension Effective Date, any Extended Incremental Tranche B Term Loan or Non-Extended Incremental Tranche B Term Loan, as applicable.
Incremental Tranche B Term Loan as defined in subsection 2.6(c).