Initial Term B Loans definition

Initial Term B Loans has the meaning specified in Section 2.01(a).
Initial Term B Loans means the term loans made by the Initial Term B Lenders to the Borrower on the Effective Date pursuant to Section 2.01(b)(i) and any Incremental Term Loans in the form of additional Initial Term B Loans.

Examples of Initial Term B Loans in a sentence

  • The Borrower shall use commercially reasonable efforts to (a) cause the Initial Term B Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (b) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x.

  • Each prepayment of Initial Term B Loans pursuant to Sections 2.08(b) and (c) shall be applied to the remaining scheduled amortization payments of the Initial Term B Loans in direct order of maturity.

  • Not sur- prisingly, the largest errors occur for the smaller peak.The error level depends strong- ly on the type of baseline alloca- tion selected for the data system.

  • The Initial Term B Loans comprising each ABR Term Loan Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Margin for ABR Initial Term B Loans.

  • Once repaid or prepaid, the Initial Term B Loans may not be reborrowed.


More Definitions of Initial Term B Loans

Initial Term B Loans as defined in the Term Loan Agreement.
Initial Term B Loans means the term loans made by the Initial Term B Lenders to the Borrowers pursuant to Section 2.01(a)(ii) and the Replacement Term B Loans (as defined in Amendment No. 1).
Initial Term B Loans means (a) the term loans made by the Term Lenders to the Borrowers pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of additional Initial Term B Loans made by the Incremental Term Lenders to the Borrowers pursuant to Section 2.01(c).
Initial Term B Loans means any Term B Loan incurred on the Closing Date and any Term B Loan made on the First Incremental Effective Date, in each case, to the TLB Borrowers pursuant to Section 2.01(a)(iv) or the First Incremental Assumption Agreement, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.”
Initial Term B Loans means Term B Loans that are not New Term B Loans or New Term B-2 Loans.
Initial Term B Loans means the term loans made by the Term Loan Lenders to the Borrower on the Effective Date pursuant to Section 2.01(b)(i)all “Initial Term B Loans” (as defined in the Original Credit Agreement) outstanding under this Agreement immediately prior to the Amendment No. 1
Initial Term B Loans means (i) prior to the Amendment Effective Date, a Loan made by an Initial Term B Lender pursuant to Section 2.01(a) or (ii) on and after the Amendment Effective Date, any New Term Loans made or continued pursuant to the First Amendment.