Refinancing Term B Loan definition
Examples of Refinancing Term B Loan in a sentence
On the 2021 Effective Date (after giving effect to the funding of the 2021 Refinancing Term B Loans (as defined in the 2021 Incremental Assumption and Amendment Agreement) to be made on such date), the 2021 Refinancing Term B Loan Commitments (as defined in the 2021 Incremental Assumption and Amendment Agreement) of each Lender as of the 2021 Effective Date will terminate.
Subject to the terms and conditions set forth herein, each of the 2016 Refinancing Term B Lenders agrees to make 2016 Refinancing Term B Loans to the Borrower on the Effective Date in a principal amount equal to its 2016 Refinancing Term B Loan Commitment.
Unless previously terminated, the 2016 Refinancing Term B Loan Commitments shall terminate upon the earlier of (i) the 2016 Refinancing Term B Lender making the 2016 Refinancing Term B Loans to the Borrower and (ii) 11:59 p.m., New York City time, on the Effective Date.
The Borrower shall not, and shall not permit any of its Restricted Subsidiaries to, use the proceeds of a Borrowing of 2018 New Replacement Term B Loans on the Third Amendment Effective Date, whether directly or indirectly, for any purpose other than the repayment of principal on the 2016 Replacement Term B-1 Loans not subject to the 2018 Replacement2020 Refinancing Term B Loan Conversion.
Subject to the terms and conditions set forth herein, each of the 2017 Refinancing Term B Lenders agrees to make 2017 Refinancing Term B Loans to the Borrower on the Effective Date in a principal amount equal to its 2017 Refinancing Term B Loan Commitment.
Unless previously terminated, the Additional October 2018 Refinancing Term B Loan Commitments shall terminate at 11:59 p.m., New York City time, on the Effective Date.
Unless previously terminated, the Additional 2016 Refinancing Term B Loan Commitments shall terminate at 11:59 p.m., New York City time, on the Effective Date.
Such Refinancing Term B Loan (i) shall be made on the SixthEighth Amendment Effective Date immediately prior to the effectiveness of the SixthEighth Amendment, (ii) shall be subject to Section 2.19(b), (iii) may be repaid or prepaid in accordance with the provisions hereof, but once repaid or prepaid, may not be reborrowed and (iv) shall not exceed the aggregate total of all Term B Loan Commitments as of the SixthEighth Amendment Effective Date.
Unless previously terminated, the 2019 Refinancing Term B Loan Commitments shall terminate upon the earlier of (i) the 2019 Refinancing Term B Lender making the 2019 Refinancing Term B Loans to the Borrower and (ii) 11:59 p.m., New York City time, on the 2019 Effective Date.
Unless previously terminated, the Additional 2018 Refinancing Term B Loan Commitments shall terminate at 11:59 p.m., New York City time, on the Effective Date.