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.