Permitted Term B Reallocation definition

Permitted Term B Reallocation has the meaning specified in the Term B Reallocation Letter.
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Examples of Permitted Term B Reallocation in a sentence

  • The Permitted Term B Reallocation shall be limited to a reallocation of all or any portion of the $60,000,000 Term B Commitment that is available after the Closing Date in accordance with the Term B Reallocation Letter.

  • In connection with any Permitted Term B Reallocation, at the request of the Administrative Agent or any Term B Lender, the Borrower shall execute and deliver to the Administrative Agent replacement Term B Notes in an amount equal to each Term B Lender’s Term B Commitment as adjusted in accordance with the terms of the Term B Reallocation Letter.

  • In connection with the Permitted Term B Reallocation, at the request of the Administrative Agent or any Term B Lender, the Borrower shall execute and deliver to the Administrative Agent replacement Term B Notes in an amount equal to each Term B Lender’s Term B Commitment as adjusted in accordance with the terms of the Term B Reallocation Letter.

  • The Permitted Term B Reallocation shall be limited to a reallocation of all or any portion of the $60,000,000 Mission Term B Commitment that is available after the Mission Closing Date in accordance with the provisions of Section 2.01(a)(ii) of the Mission Credit Agreement and in accordance with the Term B Reallocation Letter (such reallocated amount, the “Reallocated Term B Commitment Amount”).

  • In connection with any Permitted Term B Reallocation, at the request of the Administrative Agent or any Term B Lender, the Borrower shall execute and deliver to the Administrative Agent replacement Term B Notes in an amount equal to each Term B Lender's Term B Commitment as adjusted in accordance with the terms of the Term B Reallocation Letter.

  • In connection with the Permitted Term B Reallocation, at the request of the Administrative Agent or any Term B Lender, the Borrower shall execute and deliver to the Administrative Agent replacement Term B Notes in an amount equal to each Term B Lender's Term B Commitment as adjusted in accordance with the terms of the Term B Reallocation Letter.

  • The Permitted Term B Reallocation shall be limited to a reallocation of all or any portion of the $60,000,000 Mission Term B Commitment that is available after the Mission Closing Date in accordance with the provisions of Section 2.01(a)(ii) of the Mission Credit Agreement and in accordance with the Term B Reallocation Letter (such reallocated amount, the "Reallocated Term B Commitment Amount").

Related to Permitted Term B Reallocation

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Required Term A Lenders means, as of any date of determination, Term A Lenders holding more than 50% of the Term A Facility on such date; provided that the portion of the Term A Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A Lenders.

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

  • 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.

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

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • 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 A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

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

  • 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.

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Replaced Term Loans has the meaning assigned to such term in Section 9.02(c).

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • 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.

  • Existing Commitment Termination Date as defined in Section 2.12(a).

  • Tranche C Term Loan as defined in Section 2.1.

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