Examples of Other Term B Loans in a sentence
It is agreed and understood that the amendments set forth herein apply solely to the Class of 2020 Other Term B Loans and do not apply to any other Class of Loans or Commitments.
The Form of Proxy should be completed and returned in accordance with the instructions therein as soon as possible and should be deposited at the Share Registrar of the Company at Level 6, Symphony House, Block D13, Pusat Dagangan Dana 1, Jalan PJU 1A/46, 47300 Petaling Jaya, Selangor Darul Ehsan, not less than 48 hours before the time stipulated for holding the meeting.
Applicant must have a minimum of six (6) months, preferably one (1) year, satisfactory rental history or mortgage verification.
The full amount of the 2020 Other Term B Loans shall be drawn by the Borrower in a single drawing on the Sixth Term Loan Amendment Effective Date and amounts paid or prepaid in respect of the 2020 Other Term B Loans may not be reborrowed.
The proceeds of the 2021 Other Term B-2 Loans incurred pursuant to Section 2 of the Seventh Term B Loan Refinancing Amendment shall be used to refinance in full the Existing 2020 Other Term B Loans and to pay fees and expenses in connection therewith.
The applicable interest rate margins for the Other Term B Loans are 4.00% per annum for Eurocurrency rate loans and 3.00% per annum for base rate loans, with a floor of 0.75% for the Eurocurrency rate, and 1.75% for the base rate, respectively.
At such time as Holdings has achieved the Collateral Suspension Ratings Level, and so long as (x) there are no Other Term B Loans outstanding and (y) no Event of Default shall have occurred and be continuing, Holdings shall have the right, which may be exercised by written notice to the Administrative Agent, to require that the Collateral be released from any security interest created by the Loan Documents.
The proceeds of the 2018 Other Term B Loans were used to pay off in full all $1.88 billion of the existing Term B Loans incurred prior to March 2, 2018 under the Credit Agreement.The foregoing description of the Term Loan B Refinancing Amendment is not intended to be complete and is qualified in its entirety by reference to the full text of the Term Loan B Refinancing Amendment, which is incorporated herein by reference to Exhibit 10.1 to this Current Report on Form 8-K.
The aggregate principal amount of 2020 Other Term B Loans on the Sixth Term Loan Amendment Effective Date (after giving effect to the incurrence of the 2020 Incremental Term Loans on such date) is $637,000,000.
The aggregate principal amount of 2022 Term B Loans on the Eighth Term Loan Amendment Effective Date (after giving effect to the incurrence of the 2022 Other Term B Loans on such date) is $625,000,000.