New Term B Loan definition

New Term B Loan means, the “New Term B Loans” as defined in, and made and /or converted in accordance with the 2017 Refinancing Amendment.
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New Term B Loan has the meaning specified in Section 2.01(a)(ii).
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New Term B Loan means a Loan that is made in respect of a New Term B Commitment pursuant to Section 2.01(d)(i) on the Amendment No. 3 Effective Date (as applicable to Section 7(a) of Amendment No. 3).
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Examples of New Term B Loan in a sentence

  • Each Borrowing of Term B Loans (including Refinancing Term B Loans and New Term B Loans) under this Agreement shall be granted by the Lenders pro rata on the basis of their then-applicable Term B Loan Commitments or New Term B Loan Commitments (as applicable) with respect to the applicable Class.

  • Each Lender holding a New Term B Loan (on the Fifth Amendment Effective Date) and the Administrative Agent consent to and agree to the terms of the Fifth Amendment and this Agreement, as amended by the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment and the Fifth Amendment.

  • At the closing of the restructuring, the existing stockholders agreement will be amended to provide that if the New Term B Loan is not paid in full on or before September 30, 2003 and the leverage ratio is equal to or greater than 5.5x, the Term B Loan Noteholders will be entitled to nominate a majority of the board of directors of the ultimate parent holding company of the U.S. Borrower (the “Parent”)1.

  • Subject to the terms and conditions ------------------- of this Agreement, on the Third Amendment Closing Date the Term B Lender agrees to make an addition term loan to the Borrowers in the principal amount of $4,350,000 (the "New Term B Loan").

  • No amount of a New Term B Loan which is repaid or prepaid by the Borrower may be reborrowed hereunder.

  • To the extent not previously paid, all New Term B Loans shall be due and payable on the New Term B Loan Maturity Date.

  • The issuance of the New Partnership Interests, New Membership Interests, New Term A Loan Notes, New Term A L/C Notes, New Term B Loan Notes, and New Term B L/C Notes and the distribution thereof under this Plan shall be exempt from registration under applicable securities laws pursuant to section 1145(a) of the Bankruptcy Code.

  • The principal amount of the --------------- New Term B Loan shall be added to the principal amount of the Initial Term B Loan and such loans shall be deemed a single term loan (hereinafter, the "Term B Loan").

  • Without limiting the foregoing, any redemption, dividend or other liquidity rights given to the third party investors must be subordinate to the rights of the Lenders in their capacity as holders of the New Term A Loan and New Term B Loan, but not as holders of the Series B Junior Preferred.

  • Each Lender holding a New Term B Loan and the Administrative Agent consent to and agree to the terms of the Fifth Amendment and this Agreement, as amended by the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment and the Fifth Amendment.


More Definitions of New Term B Loan

New Term B Loan shall have the meaning assigned to such term in Section 2.20.
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New Term B Loan means, the “New Term B Loans” as defined in, and made and /or converted in accordance with the 2017 Refinancing
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New Term B Loan has the meaning set forth in Section 2.14. --------------- ------------
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New Term B Loan is defined in Section 2.1.3.
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Related to New Term B Loan

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • New Term Lender a Lender that has a New Term Loan.

  • Tranche B Term Loan as defined in Section 2.1.

  • Term B Loans means the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a) and any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • New Term Loans as defined in Section 2.24.

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • Tranche C Term Loan as defined in Section 2.1.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).

  • Term B Lender means, at any time, any Lender that has a Term B Commitment or a Term B Loan at such time.

  • Tranche A Term Loan as defined in Section 2.1.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Tranche A Term Lender each Lender that has a Tranche A Term Commitment or that holds a Tranche A Term Loan.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Required Term B Lenders means, as of any date of determination, Term B Lenders holding more than 50% of the Term B Facility on such date; provided that the portion of the Term B Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term B Lenders.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

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

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

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

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.