Initial Term B Loan definition

Initial Term B Loan means a Loan made by an Initial Term B Lender pursuant to Section 2.01(a)(i).

Initial Term B Loan as defined in Section 2.1(a)(i).

Initial Term B Loan means a Term Loan made by a Lender to the Borrower on the Closing Date pursuant to Section 2.1(a).

Examples of Initial Term B Loan in a sentence

• The full amount of the Initial Term B Loan Commitments must be drawn in a single drawing on the Effective Date.

• For the avoidance of doubt, the Initial Term A Loan Commitments and the Initial Term B Loan Commitments terminated on the Closing Date upon the funding of Initial Term A Loans and Initial Term B Loans, respectively, on the Closing Date.

• Not later than 11:00 a.m., New York City time, on the Closing Date, each Initial Term B Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Initial Term B Loan to be made by such Lender.

• On the Effective Date (after giving effect to the funding of the Initial Term B Loans on such date), the Initial Term B Loan Commitments of each Term Lender with an Initial Term B Loan Commitment as of the Effective Date will automatically and permanently terminate.

• Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, each Term B Lender made a term loan (an “Initial Term B Loan”) to the Borrower on the Closing Date in a principal amount equal to such Lender’s Initial Term B Loan Commitment as in effect on the Closing Date.

More Definitions of Initial Term B Loan

Initial Term B Loan means, collectively, (i) the Term B Loans made to the Borrower on the Closing Date pursuant to Section 2.1(a) and (ii) the 2023-1 Incremental Term B Loans made to the Borrower on the Amendment No. 1 Effective Date pursuant to Amendment No. 1. “Initial Term B Repayment Amount” shall have the meaning provided in Section 2.5(b)(i).

Initial Term B Loan means a Loan made pursuant to Section 2.01(a)(i).

Initial Term B Loan means the Term B Loans made on the Closing Date by the Term B Lenders that are outstanding immediately prior to the effectiveness of the Second Amendment.

Initial Term B Loan is defined in clause (c) of Section 2.1.1. ------------------- ---------- -------------

Initial Term B Loan is defined in CLAUSE (c) of SECTION 2.1.1.

Initial Term B Loan means a Loan made pursuant to clause (a) of Section 2.01 .

Initial Term B Loan means any of such Initial Term B Loans.