New Term B Lender definition

New Term B Lender means, at any time, each Lender holding a New Term B Loan at such time.
New Term B Lender means the Incremental Term Lender (as defined in Amendment No. 3).
New Term B Lender shall have the meaning assigned to such term in Section 2.20.

Examples of New Term B Lender in a sentence

  • Each New Term B Lender, as to itself, hereby agrees to waive any indemnity claim for breakage costs under Section 2.8.5 of the Credit Agreement in connection with the prepayment or replacement of Existing Term B Loans contemplated hereby.

  • The commitments of the New Term B Lenders are several, and no New Term B Lender shall be responsible for any other New Term B Lender’s failure to make New Term B Loans.

  • Subject to the terms and conditions set forth herein, effective as of the Tenth Amendment Effective Date, for all purposes of the Loan Documents, (i) the Amended Term B Loans shall constitute “Term B Loans” and (ii) the New Term B Lender shall become a “Lender” (if such New Term B Lender is not already a Lender prior to the effectiveness of this Amendment) and shall have all the rights and obligations of a Lender holding a Term B Loan.

  • With effect on and after the Effective Date, each New Term B Lender shall be a party to this Agreement and succeed to all of the rights and be obligated to perform all of the obligations of a Term B Lender under this Agreement, including the requirements concerning confidentiality and the payment of indemnification, with Term B Loans in the amounts set forth on a schedule maintained with the Administrative Agent.

  • Each New Term B Lender agrees that it will perform in accordance with their terms all of the obligations which by the terms of this Agreement are required to be performed by it as a Term B Lender.


More Definitions of New Term B Lender

New Term B Lender means any New Lender that is joining this Agreement as a Term B Lender on the Effective Date and that holds no Term B Loans under the Existing Credit Agreement.
New Term B Lender means any Person having a New Term B Commitment.
New Term B Lender has the meaning specified in Section 1.01 of this Credit Agreement, as in effect prior to the Amendment No. 2 Effective Date.”;
New Term B Lender means, at any time, any Lender that has a New Term B Commitment or New Term B Loan, as applicable, at such time.
New Term B Lender means each financial institution signatory hereto as a "New Term B Lender." New Term B Loan - see subsection 2.1(b).
New Term B Lender has the meaning specified in this Agreement prior to the First Amendment Effective Date.
New Term B Lender means a New Term B-1 Lender or a New Term B-2 Lender.