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.
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New Tranche B Term Loans is defined in the third recital.
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Examples of New Tranche B Term Loans in a sentence

  • On the Second Amendment Effective Date, the US Borrower shall apply, concurrently with the exchange of Exchanged Tranche B Term Loans with New Tranche B Term Loans and the making of the Increased Tranche B Term Loans and the Additional Tranche B Term Loans (if any), the aggregate proceeds of the Increased Tranche B Term Loans and the Additional Tranche B Term Loans (if any) to prepay in full the principal amount of all Existing Tranche B Term Loans other than Exchanged Tranche B Term Loans.

  • 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.

  • New Tranche A Term Loans, New Tranche B Term Loans, New Dollar Revolving Loans made on the Second Amendment Effective Date and New Multicurrency Revolving Loans made on the Second Amendment Effective Date, in each case, shall be allocated ratably to such Interest Periods.

  • 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.

  • 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.

  • For purposes of clarity, the Maturity Date with respect to the New Tranche B Term Loans shall be the Maturity Date with respect to the initial Tranche B Term Loans incurred on the Effective Date.

  • Each Additional Tranche B Term Lender will make its New Tranche B Term Loans on the Amendment Effective Date by transferring to the Agent, in the manner contemplated by Section 2.06 of the Credit Agreement, an amount equal to the amount of its Tranche B Undertaking.

  • After the Restatement Effective Date, the proceeds of Revolving Loans and any Swing Line Loans and New Tranche B Term Loans shall be applied by Company for working capital and general corporate purposes.

  • 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.

  • The proceeds of the New Tranche B Term Loans and Revolving Loans borrowed on the Second Amendment Effective Date will be used by the Borrower on the Second Amendment Effective Date, solely for (a) first, the payment of the 2012 Transaction Costs, and (b) second, the payment of all principal, interest, fees and other amounts outstanding under the Existing Revolving Credit Facility and the Senior Subordinated Notes.


More Definitions of New Tranche B Term Loans

New Tranche B Term Loans has the meaning assigned to such term in the Third Amendment.
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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”.
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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).
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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;
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New Tranche B Term Loans means the Tranche B Term Loans made by Lenders pursuant to subsection 2.1(A)(i)(b).
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New Tranche B Term Loans as defined in Section 2.1(c).
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Related to New Tranche B Term Loans

  • 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 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.

  • 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).

  • New Term Loans as defined in Section 2.24.

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

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

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

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • 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.

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.

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

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

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

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

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

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

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

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Tranche A Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.