Initial Tranche B-1 Term Loan definition

Initial Tranche B-1 Term Loan shall have the meaning provided in Section 2.1(a)(i).
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Initial Tranche B-1 Term Loan means the term loans made on the Closing Date pursuant to Section 2.01(a)(iii) pursuant to the Tranche B-1 Term Commitments.
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Initial Tranche B-1 Term Loan shall have the meaning provided in Section 2.01(a)(i)(x). From and after the date of any Borrowing of any Delayed Draw Term Loan, each Delayed Draw Term Loan shall be deemed an Initial Tranche B-1 Term Loan hereunder, for all purposes.
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Examples of Initial Tranche B-1 Term Loan in a sentence

  • The Borrowers have requested that the Lenders provide a multicurrency revolving credit facility, a Dollar Initial Tranche B-1 Term Loan facility and a Dollar Initial Tranche B-2 Term Loan facility and that the L/C Issuers issue multicurrency letters of credit, and the Lenders have indicated their willingness to lend and the L/C Issuers have indicated its willingness to issue letters of credit, in each case, on the terms and subject to the conditions set forth herein.

  • By: /s/ T▇▇▇▇▇ ▇▇▇▇▇▇ Name: T▇▇▇▇▇ ▇▇▇▇▇▇ Title: Chief Financial Officer DEUTSCHE BANK TRUST COMPANY AMERICAS, As Administrative Agent, Initial Tranche B-1 Term Loan Bank and Second Draw Tranche B-1 Term Loan Bank By: /s/ C▇▇▇▇ ▇.

  • The Initial Tranche B-1 Term Loan evidenced hereby is guaranteed and secured as provided therein and in the other Credit Documents.

  • All Borrowings of Initial Tranche B-1 Term Loans, Initial Tranche B-2 Term Loans, and Revolving Loans under this Agreement shall be incurred from the Lenders pro rata on the basis of their Initial Tranche B-1 Term Loan Commitments, Initial Tranche B-2 Term Loan Commitments, or Revolving Loan Commitments, as the case may be; provided that all Mandatory Borrowings shall be incurred from the RL Lenders pro rata on the basis of their RL Percentages.

  • The Initial Tranche B-1 Term Loan made by the Lender shall be evidenced by one or more loan accounts or records maintained by the Lender in the ordinary course of business.

  • Amounts repaid on the Initial Tranche B1 Term Loan may not be reborrowed.

  • The Initial Tranche B1 Term Loan shall be comprised solely of Eurocurrency Rate Loans.

  • The Borrower promises to pay interest on the unpaid principal amount of the Initial Tranche B-1 Term Loan made by the Lender from the date of such Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Agreement.

  • All Borrowings of Initial Tranche B-1 Term Loans, Second Draw Tranche B-1 Term Loans and Revolving Loans under this Agreement shall be incurred from the Banks pro rata on the basis of their respective Initial Tranche B-1 Term Loan Commitments, Second Draw Tranche B-1 Term Loan Commitments or Revolving Loan Commitments, as the case may be.