Qualifying Term Loans as defined in Section 2.25(c).
Qualifying Term Loans means term loans that are (i) effective prior to the six-month anniversary of the Closing Date, (ii) denominated in Dollars in the form of syndicated term loans (other than customary bridge loans or Customary Term A Loans), secured by the Collateral on a pari passu basis with the Term B Loans in right of payment and with respect to security, (iii) the maturity of which is prior to the date one year after the Term B Loan Maturity Date and (iv) is in an aggregate original principal amount for all term loans incurred with respect to the applicable provision, in excess of the greater of (x) $100,000,000 and (y) 16.5% of Consolidated EBITDA as of the last day of the most recently ended Test Period.
Qualifying Term Loans has the meaning specified in Section 2.14(b).
Examples of Qualifying Term Loans in a sentence
The Applicable Discount shall be applicable for all Term Lenders who have offered to participate in the Voluntary Discounted Prepayment and have Qualifying Term Loans (as defined below).
The Term Loans will be structured in a manner to qualify as Qualifying Term Loans.
More Definitions of Qualifying Term Loans
Qualifying Term Loans means Indebtedness that is (i) incurred prior to the 6 month anniversary of the Closing Date, (ii) denominated in Dollars, (iii) in the form of syndicated floating rate term loans (other than customary bridge loans), (iv) secured by the Collateral on a pari passu basis with the Initial Term Loans, (v) pari passu in right of payment with the Initial Term Loans, (vi) scheduled to mature prior to the date that is one year after the Initial Term Loan Maturity Date, (vii) an aggregate principal amount in excess of the greater of (x) $200,000,000 and (y) 100% of Consolidated Adjusted EBITDA as of the last day of the most recently ended Test Period calculated on a Pro Forma Basis and (viii) not incurred to finance a Permitted Acquisition or similar Investment.
Qualifying Term Loans means term loans that are (i) effective prior to the 6 month anniversary of the Term Loan Closing Date, (ii) denominated in Dollars in the form of syndicated term loans (other than customary bridge loans or Customary Term A Loans), secured by the Collateral on a pari passu basis with the Term B Loans in right of payment and with respect to security, (iii) the maturity of which is prior to the date one year after the Term B Loan Maturity Date and (iv) is in an aggregate original principal amount for all term loans incurred with respect to the applicable provision, in excess of $75,000,000.
Qualifying Term Loans means Indebtedness in the form of term loans or notes secured by the Collateral on a pari passu basis with the Term B Loans in right of payment and with respect to security.
Qualifying Term Loans. 1.7(d)(iii) “Register” 1.4(b) “Replacement Lender” 9.22 “Rescindable Amount” 1.11(d)(ii) “Sale” 9.9(b) “Specified Equity Contributions” 7.6 “Step-Up” 6.1 “Subject Subsidiary” 5.2(w) “Supported QFC” 9.27 “Swing Loan” 1.1(d) “Swingline Request” 1.1(d) “U.S. Special Resolution Regimes” 9.27 “Unused Commitment Fee” 1.9(b) “Yield Differential” 1.1(e)(iv) In addition to the terms defined elsewhere in this Agreement, the following terms have the following meanings:
Qualifying Term Loans means, (x) with respect to 2018 Term B Loans, term loans that are (i) effective prior to the 6 month anniversary of the Term Loan Closing Date, (ii) denominated in Dollars in the form of syndicated term loans (other than customary bridge loans or Customary Term A Loans), secured by the Collateral on a pari passu basis with the Term B Loans in right of payment and with respect to security, (iii) the maturity of which is prior to the date one year after the Term B Loan Maturity Date and (iv) is in an aggregate original principal amount for all term loans incurred with respect to the applicable provision, in excess of $75,000,000 and (y) with respect to 2023 Term B Loans, term loans that are (i) effective prior to the 12 month anniversary of the Fourth Amendment Closing Date, (ii) denominated in Dollars in the form of syndicated term loans (other than customary bridge loans or Customary Term A Loans), secured by the Collateral on a pari passu basis with the 2023 Term B Loans in right of payment and with respect to security, (iii) the maturity of which is prior to the date one year after the 2023 Term B Loan Maturity Date and (iv) is in an aggregate original principal amount for all term loans incurred with respect to the applicable provision, in excess of $75,000,000.
Qualifying Term Loans has the meaning specified in Section 2.14(8). “Rating Agencies” means Xxxxx’x and S&P, or if Xxxxx’x or S&P (or both) are not making ratings on the relevant obligations publicly available, a nationally recognized statistical 95 US-DOCS\123992845.16 042525-0274 rating agency or agencies, as the case may be, selected by the Borrower that will be substituted for Xxxxx’x or S&P (or both), as the case may be. “Ratio Amount” has the meaning specified in the definition of “Permitted Incremental Amount”. “Refinance” has the meaning assigned in the definition of “Refinancing Indebtedness” and “Refinancing” and “Refinanced” have meanings correlative to the foregoing. “Refinanced Debt” has the meaning assigned to such term in the definition of “Refinancing Indebtedness.” “Refinancing Amendment” means an amendment to this Agreement in form and substance reasonably satisfactory to the Administrative Agent and the Borrower executed by each of (a) the Borrower and (b) each Additional Lender and Lender that agrees to provide any portion of the Refinancing Loans or Refinancing Commitments being incurred or provided pursuant thereto, in accordance with Section 2.15. “Refinancing Commitments” means any Refinancing Term Commitments. “Refinancing Indebtedness” means (x) Indebtedness incurred by the Borrower or any Restricted Subsidiary, (y) Disqualified Stock issued by the Borrower or any Restricted Subsidiary or (z) Preferred Stock issued by any Restricted Subsidiary which, in each case, serves to extend, replace, refund, refinance, renew or defease (“Refinance”) any Indebtedness, Disqualified Stock or Preferred Stock, including any Refinancing Indebtedness, so long as: (1) (a) the principal amount (or accreted value, if applicable) of such new Indebtedness, the amount of such new Preferred Stock or the liquidation preference of such new Disqualified Stock does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness, the amount of Preferred Stock or the liquidation preference of Disqualified Stock, as applicable, being refinanced except to the extent permitted under Section 1.02(10), plus (b) any accrued and unpaid interest on, the Indebtedness, the amount of any accrued and unpaid dividends on, the Preferred Stock or the liquidation preference of the Disqualified Stock, plus any accrued and unpaid dividends on, the Disqualified Stock being so extended, replaced, refunded, refinanced, renewed or defeased (such Indebtedness, Disqualified Stock or...
Qualifying Term Loans has the meaning specified in subsection 2.4C(iii).