Other Term B Loans definition

Other Term B Loans means term loans that (i) are not Other Term A Loans and (ii) have interest rates, amortization, maturity and/or other terms different from the Initial Term B Loans.
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Other Term B Loans has the meaning set forth in Section 2.20(a).
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Other Term B Loans means any (i) Other Term Loans, structured as incremental term “B” loans incurred under this Agreement to finance a Permitted Business Acquisition or permitted Material Investment, or (ii) Other Term Loans that (x) are structured for sale to institutional investors and (y) have an average annual mandatory amortization payment (calculated over the stated term of such Other Term Loans) equal to or less than 5.0% per annum, including in each case, any Permitted Refinancing Indebtedness in respect of Other Term B Loans that would constitute Other Term B Loans under this definition.
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Examples of Other Term B Loans in a sentence

  • 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.

  • 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.

  • 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 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.

  • 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.

  • These interest rate spreads for the Revolver were increased by 0.25%, during covenant suspension, in connection with the 2020 Refinancing.On December 17, 2020, Sabre GLBL entered into a Sixth Term A Loan Refinancing and Incremental Amendment to our Amended and Restated Credit Agreement, resulting in additional Term Loan B borrowings of $637 million ("Other Term B Loans") due December 17, 2027.

  • INFORMATION HIDING TECHNIQUE The introduction of the various processes of the last decades have continuously pointed out towards the security requirement levels, especially since the massive utilization of personal computers, networks and the internet with its availability.

  • 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 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.


More Definitions of Other Term B Loans

Other Term B Loans means, collectively, (a) Incremental Term B Loans (other than Incremental Term B Loans incurred as an increase to the Initial Term B Loans) and (b) Refinancing Term B Loans.
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Other Term B Loans means any (i) Other Term Loans, structured as incremental term “B” loans incurred under this Agreement to finance the Tembec Transactions, or (ii) Other Term Loans that (x) are structured for sale to institutional investors and (y) have an average annual mandatory amortization payment (calculated over the stated term of such Other Term Loans) equal to or less than 5.0% per annum, including in each case, any Permitted Refinancing Indebtedness in respect of Other Term B Loans that would constitute Other Term B Loans under the preceding clause (ii) of this definition.
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Related to Other Term B Loans

  • Other Term Loans means one or more Classes of Term Loans that result from a Refinancing Amendment.

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

  • 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).

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

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

  • New Term Loans as defined in Section 2.24.

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

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

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

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

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

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

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

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

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

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche C Term Loan as defined in Section 2.1.

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

  • 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.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

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

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

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Tranche A Term Loan as defined in Section 2.1.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • 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.