Initial Term B Loans definition

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 has the meaning specified in Section 2.01(a).

Initial Term B Loans as defined in the Term Loan Agreement.

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.

• The Initial Term B Loans comprising each Eurodollar Term Loan Borrowing shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Margin for Eurodollar Initial Term B Loans.

• 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.

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

More Definitions of Initial Term B Loans

Initial Term B Loans means (a) the term loans made by the Term Lenders to the Borrowers pursuant to Section 2.01(a)Lux Borrower on the Closing Date, and (b) any Incremental Term Loans in the form of additional Initial Term B Loans made by the Incremental Term Lenders to the BorrowersLux Borrower and the Co-Borrower pursuant to Section 2.01(c).

Initial Term B Loans means the term loans made under the Term B Loan Commitment on the Closing Date.

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).

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 (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.

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), (ii) on and after the Amendment Effective Date but prior to the Third Amendment Effective Date, any New Term Loans made or continued pursuant to the First Amendment, (iii) on and after the Third Amendment Effective Date but prior to the Fourth Amendment Effective Date, any New 2022 Term Loans made or continued pursuant to the Third Amendment, (iv) on and after the Fourth Amendment Effective Date but prior to the Fifth Amendment Effective Date, any Repriced 2022 Term Loans made or continued pursuant to the Fourth Amendment or (v) on and after the Fifth Amendment Effective Date, any Extended 2025 Term Loans made or continued pursuant to the Fifth Amendment.

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), (ii) on and after the Amendment Effective Date but prior to the Third Amendment Effective Date, any New Term Loans made or continued pursuant to the First Amendment, (iii) on and after the Third Amendment Effective Date but prior to the Fourth Amendment Effective Date, any New 2022 Term Loans made or continued pursuant to the Third Amendment or (iv) on and after the Fourth Amendment Effective Date, any Repriced 2022 Term Loans made or continued pursuant to the Fourth Amendment.