Initial Term B-2 Loans definition

Initial Term B-2 Loans has the meaning assigned to the term “Term B-2 Loans” in the Second Amendment.
Sample 1Sample 2Sample 3
Initial Term B-2 Loans means the term loans made or converted on the First Amendment Effective Date pursuant to Section 2.01(a)(iii).
Sample 1
Initial Term B-2 Loans has the meaning specified in Section 2.01(a).
Sample 1

Examples of Initial Term B-2 Loans in a sentence

  • Notwithstanding the foregoing, prior to the six-month anniversary of the Closing Date, all prepayments pursuant to this Section 5.1(a) shall be applied to the outstanding Initial Term B-2 Loans until such Initial Term B-2 Loans, together with all accrued but unpaid interest thereon, have been paid in full.

  • This shall not prejudice the obligations of any Borrower (solely in its capacity as a Guarantor) in respect of any of the Initial Term B-2 Commitment, the Initial Term B-3 Commitment, the Term B-3 Commitment, the Initial Term B-2 Loans, the Term B-3 Loans and any New Term Facility or Specified Refinancing Debt that does not have a co-borrower structure.

  • Notwithstanding the foregoing, prior to the six-month anniversary of the Closing Date, all prepayments pursuant to this Section 5.1(a) shall have been applied to the outstanding Initial Term B-2 Loans until such Initial Term B-2 Loans, together with all accrued but unpaid interest thereon, have been paid in full.

  • Initial Term B-1 Loans and Initial Term B-2 Loans may be Base Rate Loans or Eurocurrency Rate Loans as further provided herein.

  • The aggregate outstanding principal amount LEGAL_US_E # 147593786.29 of the Initial Term B-2 Loans for all purposes of this Agreement and the other Loan Documents shall be the stated principal amount thereof outstanding from time to time.

  • The Initial Term B-2 Loans shall have the same Interest Periods as in effect for the Initial Term B-1 Loans on the Amendment Effective Date.

  • The Initial Term B-2 Borrowing shall consist of Initial Term B-2 Loans made simultaneously by the Term Lenders in accordance with their respective Initial Term B-2 Commitments.

  • The Redenomination Term Facilities Administrative Agent will promptly provide the Administrative Agent with information with respect to the Initial Term B-2 Loans, Initial Term B-3 Loan and Redenominated Term B-3 Loans (including with respect to interest rates, outstanding principal amount and the Redenomination Term Facilities Administrative Agent’s Register) as the Administrative Agent may from time to time reasonably request.

  • Once repaid, prepaid, repurchased, refinanced or replaced, Initial Term B-2 Loans incurred hereunder may not be reborrowed.

  • Notwithstanding the foregoing, prior to the six-month anniversary of the Closing Date, all prepayments pursuant to this Section 5.1(a) shall behave been applied to the outstanding Initial Term B-2 Loans until such Initial Term B-2 Loans, together with all accrued but unpaid interest thereon, have been paid in full.


More Definitions of Initial Term B-2 Loans

Initial Term B-2 Loans. (as defined in Annex A) (the “Incremental Debt”) the Consolidated Secured Leverage Ratio required under Section 2.14(a)(i)(B) shall be 3.25 to 1.00.
Sample 1
Initial Term B-2 Loans the Term Loans made to the Borrower on the Closing Date pursuant to Section 2.1(b).
Sample 1

Related to Initial Term B-2 Loans

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (as in effect on the Closing Date) under the caption “Initial Term Commitment,” as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Commitments is $350,000,000.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(a) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $795,000,000.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • New Term Loans as defined in Section 2.24.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Tranche C Term Loan as defined in Section 2.1.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

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

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Tranche B Term Loan as defined in Section 2.1.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).