New Tranche B Term Loans definition

New Tranche B Term Loans shall have the meaning provided in Section 2.14.

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New Tranche B Term Loans means the new tranche of tranche B term loans made pursuant to the Second Amendment.

New Tranche B Term Loans as defined in Section 2.1(c).

Examples of New Tranche B Term Loans in a sentence

The commitments of the Additional Tranche B Term Lenders and the conversion undertakings of the Converting Tranche B Term Lenders are several and no such Lender will be responsible for any other Lender’s failure to make or acquire by conversion New Tranche B Term Loans.
Each Borrowing of New Tranche B Term Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their then-applicable New Tranche B Term Loan Commitments.
The Borrower will not be required to make any payments to Converting Tranche B Term Lenders under Section 2.16 of the Credit Agreement in connection with the conversion of their Existing Tranche B Term Loans into New Tranche B Term Loans.
The New Tranche B Term Loans may from time to time be ABR Loans or Eurodollar Loans, as determined by the Borrower and notified to the Administrative Agent as contemplated by Sections 2.2 and 2.12 of the Credit Agreement (as amended by this Amendment).
Any New Tranche B Term Loans made on an Increased Amount Date shall be designated, a separate series (a “Series”) of New Tranche B Term Loans for all purposes of this Agreement.
The terms and provisions of the New Tranche B Term Loans and New Tranche B Term Loan Commitments shall be identical to the Tranche B Term Loans and shall be deemed Tranche B Term Loans for all purposes of this Agreement.
To the extent not previously paid, all New Tranche B Term Loans shall be due and payable on the New Tranche B Maturity Date.
Any New Tranche B Term Loans made on an Increased Amount Date that have terms and provisions that differ from Tranche B Term Loans outstanding on the date on which such New Tranche B Term Loans are made shall be designated as a separate series (a “Series”) of Tranche B Term Loans for all purposes of this Agreement.
Company hereby appoints Syndication Agent and Administrative Agent as sole agents with respect to the syndication of the New Tranche B Term Loans.
The Borrower will not be required to make any payments to Converting Tranche B Term Lenders under Section 2.14 of the Credit Agreement in connection with the conversion of their Existing Tranche B Term Loans into New Tranche B Term Loans.

More Definitions of New Tranche B Term Loans

New Tranche B Term Loans means the Tranche B Term Loans made by Lenders pursuant to subsection 2.1(A)(i)(b).

New Tranche B Term Loans means Loans made on the Restatement Effective Date in an aggregate amount not to exceed $75,000,000 pursuant to clause (i) of Section 2.01(a).

New Tranche B Term Loans. “New Tranche B Term Loan Commitments”, “New Tranche B Term Loan Lender”, “New Tranche B Term Loan Maturity Date”, “Required Tranche B Term Loan Lenders”, “Tranche B Repayment Amount”, “Tranche B Repayment Date”, “Tranche B Term Loan”, “Tranche B Term Loan Commitment”, “Tranche B Term Loan Lender” and “Tranche B Term Loan Maturity Date”.

New Tranche B Term Loans and together with the Continued Tranche B Term Loans, the “Replacement Tranche B Term Loans”) in such amount (not in excess of any such commitment) as is determined by the Administrative Agent (with the consent of the Borrower) and notified to such New Tranche B Term Lender. The proceeds of the New Tranche B Term Loans will be used by the Borrower to refinance in accordance with this Amendment the outstanding principal amount of the Existing Tranche B Term Loans that are not continued as Replacement Tranche B Term Loans by Continuing Tranche B Term Lenders. At the option of the Administrative Agent with the consent of the Borrower, the New Tranche B Term Loans may be made, to the extent of the amount thereof to be used to refinance in accordance with this Amendment the Existing Tranche B Term Loans that are not so continued, by the replacement of such Existing Tranche B Term Lenders pursuant to subsection 2.20(c) of the Credit Agreement and the continuation of such Existing Tranche B Term Loans as Continued Tranche B Term Loans by the replacement Lender;

New Tranche B Term Loans has the meaning assigned to such term in the Third Amendment.

New Tranche B Term Loans is defined in the third recital.