New Term B Loans definition

New Term B Loans means the advances made by the Term B Lenders under the Term B Facility pursuant to the Second Amendment.
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New Term B Loans has the meaning set forth in Section 3(d).
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New Term B Loans has the meaning assigned thereto in the First Refinancing Amendment.
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Examples of New Term B Loans in a sentence

  • Each Loan Party hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and hereby confirms and consents to the terms and conditions of this Amendment and the transactions contemplated thereby, including the extension of New Term B Loans.

  • The parties shall treat all of the New Term B Loans (whether issued for cash or in exchange for Existing Term B Loans) as one fungible tranche for U.S. federal income tax purposes.

  • Each party hereto acknowledges and agrees that the New Term B Loans constitute “Refinancing Term B Indebtedness” under the Credit Agreement and the refinancing of the Term B Loans as contemplated hereby is permitted under Section 2.19.1 of the Credit Agreement.

  • The Administrative Agent shall have received a duly completed borrowing notice for the New Term B Loans.

  • The New Term B Loans may from time to time be Base Rate Loans or LIBOR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with the Credit Agreement.

  • The final maturity date of the New Term B Loans shall be the Term B Loan Maturity Date.

  • The Borrower will use the proceeds of (a) Refinancing Term B Loans to refinance the Existing Term B Loans and (b) the New Term B Loans (i) to pay the fees and expenses and other additional amounts incurred or owing in connection with the transactions contemplated under the Sixth Amendment, (ii) to finance the NuLink Acquisition, (iii) to repurchase or redeem a portion of the Senior Subordinated Notes and (iv) for general corporate purposes.

  • Interest on a deposit shall accrue annually and, if requested, shall be annually credited to Alliance by the accrual date.

  • Suppose, also, that these policies are unjust, in virtue of their intrinsic features, and that the invariance assumption is true: intrinsic features of policies have context-invariant valences.

  • CALMET is the meteorological model that generates hourly three-dimensional meteorological fields of variables such as wind and temperature.


More Definitions of New Term B Loans

New Term B Loans means, collectively, the New Term B USD Loans, the New Term B-1 EUR Loans and the New Term B-2 EUR Loans.
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New Term B Loans means (i) prior to the Sixth Amendment Effective Date, New Term Loans made pursuant to the Fifth Amendment and Section 2.17 and (ii) as of and after the Sixth Amendment Effective Date, additional term loans made in the form of New Term Loans pursuant to the Sixth Amendment and Section 2.17. For all purposes under this Credit Documents, the New Term B
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New Term B Loans is defined in Section 2.1(a)(iv).
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New Term B Loans means term loans made in the form of Term B Loans pursuant to the Fifth Amendment and Section 2.17. For all purposes under this Credit Documents, the New Term B Term Loans shall be of the same Class as the Existing Term B Loans, and be treated in all respects as Existing Term B Loans, unless the context otherwise requires in connection with the initial funding of the New Term B Loans.
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New Term B Loans means (i) prior to the Sixth Amendment Effective Date, New Term Loans made pursuant to the Fifth Amendment and Section 2.17 and, (ii) from the Sixth Amendment Effective Date and prior to the Eighth Amendment Effective Date, New Term Loans made pursuant to the Sixth Amendment and Section 2.17 and (iii) as of and after the SixthEighth Amendment Effective Date, additional term loans made in the form of New Term Loans pursuant to the SixthEighth Amendment and Section 2.17. For all purposes under this Credit Documents, the New Term B Loans shall be of the same Class as the Refinancing Term B Loans, unless the context otherwise requires in connection with the initial funding of the New Term B Loans.
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Related to New Term B Loans

  • New Term Loans as defined in Section 2.24.

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) 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).

  • Incremental Term B Loans has the meaning specified in Section 2.14(a).

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

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

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • New Term Facility has the meaning specified in Section 2.14(a).

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

  • Term B-1 Loans has the meaning specified in Section 2.01(a)(ii).

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

  • 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.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • 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 Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

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

  • 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 as defined in Section 2.1.

  • 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).