Initial Term B Facility definition

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

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Initial Term B Facility means the credit facility for the Initial Term B Loans described in Section 2.1(b) hereof.

Initial Term B Facility means the Initial Term B Loan Commitments and the Initial Term B Loans made hereunder. “Initial Term B Facility Maturity Date” means the seventh anniversary of the Amendment No. 1 Effective Date.

Examples of Initial Term B Facility in a sentence

• The Successor Administrative Agent has notified each Converting Lender and each Initial Term B Facility Lender of its allocated Initial Scheduled Term B Loan Commitment, and each of the Fronting Term B Lender and the Converting Lenders has provided its consent to the terms set forth in this agreement to each of the Original Administrative Agent and the Successor Administrative Agent.

• For the avoidance of doubt, this Section 9.20 applies to the Interim Term Facility only and does not apply to the Initial Term B Facility or any other Facilities under this Agreement.

• Substantially concurrently with the initial Borrowings under the Initial Term B Facility, the Effective Date Refinancing shall be consummated.

• Use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from ▇▇▇▇▇’▇, in each case, with respect to the Borrower, and a credit rating from S&P and ▇▇▇▇▇’▇ with respect to the Initial Term B Facility, but not, in any such case, a specific rating.

• The Borrowing is being advanced under the [Revolving Facility] [Revolving Multicurrency Facility] [Term A-3 Facility] [Term A-5 Facility] [Initial Term B Facility] [2017 Rook Incremental Term B Facility] [2017 Incremental Term B-1 Facility] [2017 Incremental Term B-2 Facility].

More Definitions of Initial Term B Facility

Initial Term B Facility as defined in the definition of “Facility.”

Initial Term B Facility means the credit facility for the Initial Term B Loans described in Section 2.1(bd) hereof.

Initial Term B Facility means the Initial Term B Loan Commitments and the Initial Term B Loans made hereunder. “Initial Term B Facility Maturity Date” shall mean March 19, 2021.

Initial Term B Facility has the meaning given to it in Clause 2.1.2 of the Issuer/Borrower Facility Agreement;

Initial Term B Facility means the Initial Term B Loan Commitments and the Initial Term B Loans made hereunder. “Initial Term B Facility Maturity Date” means the fifthseventh anniversary of the Amendment No. 1 Effective Date. “Initial Term B Lender” means a Lender with an Initial Term B Loan Commitment or an outstanding Initial Term B Loan.

Initial Term B Facility means the Initial Term B Loan Commitments and the Initial Term B Loans made hereunder. “Initial Term B Facility Maturity Date” means the seventh anniversary of the Effective Date. “Initial T erm ▇ ▇ ▇▇▇▇▇” m ▇▇▇▇ ▇ ▇ ▇▇▇▇▇ w ith a n I nitial T erm ▇ ▇ oan C ommitment o r a n outstanding Initial Term B Loan. “Initial T erm ▇ ▇ oan C ommitment” m eans, w ith r espect t o e ach I nitial T erm ▇ ▇ ▇▇▇▇▇, t he commitment of such Initial Term B Lender to make Initial Term B Loans hereunder. The amount of each Initial T erm ▇ ▇ ▇▇▇▇▇’▇ I nitial T erm ▇ ▇ oan C ommitment a s o f t he E ffective D ate i s s et f ▇▇▇▇ o n Schedule 1.01B. The aggregate amount of the Initial Term B Loan Commitments as of the Effective Date is $425,000,000. “Initial T erm ▇ ▇ oans” m eans t he t erm l oans m ade b y t he I nitial T erm ▇ ▇ ▇▇▇▇▇▇ t o t he Borrower on the Effective Date pursuant to Section 2.01(b)(i). “Intellectual Property” means the following: (a) copyrights, mask works (including integrated circuit designs) and rights in works of authorship, registrations and applications for registration thereof, (b) trademarks, service marks, trade names, slogans, domain names, logos, trade dress and registrations and applications of registrations thereof, (c) patents, as well as any reissued and reexamined patents and extensions corresponding to the patents and any patent applications, as well as any related continuation, continuation i n p art a nd d ivisional a pplications a nd p atents i ssuing t herefrom, a nd a ll i nventions, discoveries a nd d esigns c laimed o r d escribed t herein, ( d) t rade s ecrets, a nd o ther c onfidential information, including ideas, designs, concepts, compilations of information, databases and rights in data, methods, techniques, procedures, processes and other know-how, whether or not patentable and (e) all other intellectual property or industrial property. “Intercompany I ndebtedness” m eans a ny I ndebtedness o f t he B orrower o r a ny R estricted Subsidiary owed to and held by the Borrower or any Restricted Subsidiary; provided that the occurrence of any event which results in any such Restricted Subsidiary ceasing to be a Restricted Subsidiary or any subsequent transfer of such Indebtedness (other than to the Borrower or another Restricted Subsidiary) shall be deemed, in each case, to constitute a new incurrence of Indebtedness other than Intercompany Indebtedness by the issuer thereof. “Intercreditor Agreement” means a Permitted First Lie...

Initial Term B Facility means the Initial Term B Loan Commitments and the Initial Term B Loans made