Incremental Tranche B Term Loans definition

Incremental Tranche B Term Loans shall have the meaning provided in Section 2.14.

Incremental Tranche B Term Loans as defined in Section 2.25(a).

Incremental Tranche B Term Loans means any term loans made pursuant to Section 2.14(a) and designated in the applicable Incremental Amendment as “Incremental Tranche B Term Loans”.

Examples of Incremental Tranche B Term Loans in a sentence

• Each Borrowing of Incremental Tranche B Term Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their then-applicable Incremental Tranche B Term Loan Commitments.

• Once advanced, Incremental Tranche B Term Loans shall be aggregated with Tranche B Term Loans and all such Loans shall be referred to as Tranche B Term Loans.

• Any Incremental Tranche B Term Loans made on an Increased Amount Date may be designated, a separate series (a “Series”) or Class of Incremental Tranche B Term Loans for all purposes of this Agreement or may be an increase to an existing Series or Class.

• Notwithstanding any other provision of any Loan Document, the Loan Documents may be amended by the Administrative Agent and the Borrower, if necessary or reasonably advisable, to provide for terms applicable to any Incremental Tranche B Term Loans, Revolving Commitment Increase and Incremental Equivalent Debt.

• Any Incremental Tranche B Term Loans, Revolving Commitment Increase and Incremental Equivalent Debt made pursuant to this Section 2.25 shall be evidenced by one or more entries in the Register maintained by the Administrative Agent.

More Definitions of Incremental Tranche B Term Loans

Incremental Tranche B Term Loans has the meaning assigned to such term in the recitals.

Incremental Tranche B Term Loans as defined in the Incremental Term Loan B Amendment.

Incremental Tranche B Term Loans the Tranche B Term Loans contemplated by Section 6.18 of this Agreement made on the Incremental Tranche B Effective Date pursuant to Section 2.1(b) of this Agreement.

Incremental Tranche B Term Loans. The definition of “Applicable Rate” is hereby amended by replacing in its entirety the table set forth in the definition as follows:

Incremental Tranche B Term Loans in Section 1.01 of the Credit Agreement is hereby deleted in its entirety.

Incremental Tranche B Term Loans. “Incremental Term Loans”, “Term Loans” and “Loans”, (iii) the Incremental Lenders holding New Tranche A Term Loans shall be “Tranche A Term Loan Lenders”, “Term Loan Lenders” and “Lenders” and (iv) the Incremental Lenders holding New Tranche B Term Loans shall be “Tranche B Term Loan Lenders”, “Term Loan Lenders” and “Lenders”, in each case of (i) through (iv) above, under, and for all purposes of, the Credit Agreement and the other Loan Documents, and such Incremental Lenders shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all of the rights of a Tranche A Term Loan Lender or Tranche B Term Loan Lender, as applicable, thereunder. The Borrowers, the Administrative Agent and the Lenders hereby further acknowledge and agree that (i) the New Tranche A Term Loans made on the First Amendment Effective Date shall not constitute a separate Series of Tranche A Term Loans, but shall instead be one series with, and increase the amount of, the Tranche A Term Loans made on the Closing Date and, when funded, will constitute Tranche A Term Loans for all purposes of the Credit Agreement and (ii) the New Tranche B Term Loans made on the First Amendment Effective Date shall not constitute a separate Series of Tranche B Term Loans, but shall instead be one series with, and increase the amount of, the Tranche B Term Loans made on the Closing Date and, when funded, will constitute Tranche B Term Loans for all purposes of the Credit Agreement. The First Facilities Increase is a facilities increase pursuant to Section 2.01(c) (Facilities Increase).

Incremental Tranche B Term Loans means Incremental Term Loans that are subject to annual amortization of 10.0% of the initial aggregate principal amount thereof.