Replacement Term B Loans definition

Replacement Term B Loans shall have the meaning assigned to such term in Section 9.08(f).
Sample 1Sample 2Sample 3
Replacement Term B Loans shall have the meaning provided in Section 13.1.
Sample 1Sample 2Sample 3
Replacement Term B Loans has the meaning specified in Section 2.01(d).
Sample 1Sample 2

Examples of Replacement Term B Loans in a sentence

  • In the event that any Replacement Term B Loans are established, such Replacement Term B Loans shall, subject to Section 13.01, be repaid by the Borrower in the amounts (each, a “Replacement Term B Repayment Amount”) and on the dates set forth in the applicable amendment to this Agreement in respect of such Replacement Term B Loans.


More Definitions of Replacement Term B Loans

Replacement Term B Loans are each defined in Section 8.3.
Sample 1Sample 2Sample 3
Replacement Term B Loans has the meaning provided in the Second Amendment.
Sample 1Sample 2
Replacement Term B Loans shall have the meaning provided in Section 13.01. “Replacement Term B Repayment Amount” shall have the meaning provided in Section 2.05(c). “Reportable Event” shall mean an event described in Section 4043 of ERISA and the regulations thereunder, other than any event as to which the thirty (30) day notice period has been waived. “Repricing Transaction” shall mean (i) any prepayment or repayment of Initial Term B Loans or 2024-1 Incremental Term B Loans with the proceeds of, or any conversion of Initial Term B Loans or 2024- 1 Incremental Term B Loans into, any substantially concurrent issuance of new or replacement tranche of broadly syndicated, floating rate Dollar-denominated senior secured first lien term “b” loans under credit facilities the primary purpose (as determined by the Borrower in good faith) of which is to reduce the Yield applicable to the Initial Term B Loans or 2024-1 Incremental Term B Loans, as applicable, and (ii) any amendment to the Initial Term B Loans or 2024-1 Incremental Term B Loans (or any exercise of any “yank- a-bank” rights in connection therewith) the primary purpose of which is to reduce the Yield applicable to the Initial Term B Loans or 2024-1 Incremental Term B Loans, as applicable; provided, that, a Repricing Transaction shall not include any such prepayment, repayment or amendment in connection with (x) a Change of Control or other “change of control” transaction or a Permitted Spin-Out Transaction, (y) initial public offering of the Borrower or any direct or indirect parent thereof or (z) a Permitted Acquisition, other Investment, merger, amalgamation, dissolution, liquidation, consolidation or disposition by the Borrower or any Restricted Subsidiary that is either (a) not permitted by the terms of this Agreement immediately prior to the consummation of such Permitted Acquisition or other Investment, merger, amalgamation, dissolution, liquidation, consolidation or disposition or (b) if permitted by the terms of this Agreement immediately prior to the consummation of such Permitted Acquisition, other Investment, merger, amalgamation, dissolution, liquidation, consolidation or disposition, would not provide the Borrower and its Restricted Subsidiaries with adequate flexibility under this Agreement for the continuation and/or expansion of their combined operations following such consummation, as determined by the Borrower acting in good faith. “Required 2024-1 Incremental Term B Lenders” shall mean, at any date, Lenders ...
Sample 1

Related to Replacement Term B Loans

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

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

  • 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.

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

  • 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.

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

  • 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.