Initial Term Loan B definition

Initial Term Loan B means a loan made by Lender pursuant to Section 2.01(a)(ii).
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Initial Term Loan B has the meaning specified in Section 2.1(a).
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Initial Term Loan B means a loan made by Lender pursuant to Section 2.01(a)(ii). “Initial Term Loan Commitment” is defined in the preamble.
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Examples of Initial Term Loan B in a sentence

  • When repaid, the repaid portion of the Initial Term Loan B may not be re-borrowed.

  • Their input and recommendations as to the format and content of the application form will be sought but beyond that it should be for council and its advisers to draft and finalise the application form.

  • Both immediately before and after giving effect to the receipt of Initial Term Loan B proceeds, there has not been a Material Adverse Effect since December 31, 2017; provided, that Parent’s transfer of a portion of its assets to iPass SPV in accordance with the Patent Assignment Agreement shall not constitute a Material Adverse Effect.

  • On the Agreement Date, each Advance from the Lenders under the Initial Term Loan B Draw shall be made pro rata on the basis of the respective Commitment Ratios of the Lenders.

  • On December 14, 2016, Vistra Operations obtained (i) $1 billion aggregate principal amount of incremental term loans, which we refer to as the 2016 Incremental Term Loans, and together with the Initial Term Loan B Facility, the Term Loan B Facility, and (ii) $110 million of incremental revolving credit commitments, which we refer to as the 2016 Incremental Revolving Credit Commitments, and together with the Initial Revolving Credit Facility, the Revolving Credit Facility.

  • Each of the Initial Term Loan B Draw, the Second Term Loan B Draw and the Third Term Loan B Draw shall be funded by each of the Lenders who issued a Term Loan B Commitment in a principal amount equal to such Lenders’ Commitment Ratio of the aggregate principal amount of the applicable portion of the Term Loan B.

  • The Borrower shall use commercially reasonable efforts to maintain public corporate family ratings of the Borrower (but not any specific rating) and facility ratings of the Initial Term Loan B Facility (but not any specific rating) from at least two of Fitch, Xxxxx’x and S&P (but not any specific rating).

  • Financial Engines Center LLC (The), First Lien, 2021 Initial Term Loan, B, 4.25%, (1-month USD LIBOR + 3.5%), 4/07/28 ............................

  • Amounts borrowed under the Initial Term Loan B Facility and the Term Loan C Facility will bear interest based on applicable LIBOR rates, subject to a 0.75% floor, plus 2.75%.

  • Term loans under the Initial Term Loan B Facility and the Term Loan C Facility are prepayable at any time without premium or penalty; provided that there will be a 1.00% prepayment premium in connection with any repricing of such term loans that reduces the interest rate prior to August 6, 2017.

Related to Initial Term Loan B

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.