Replacement Term B Loans definition
Replacement Term B Loans shall have the meaning provided in Section 13.1.
Replacement Term B Loans shall have the meaning assigned to such term in Section 9.08(f).
Replacement Term B Loans has the meaning specified in Section 2.01(d).
Examples of Replacement Term B Loans in a sentence
In the event that any Replacement Term B Loans are established, such Replacement Term Loans shall, subject to Section 13.1, 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.
Any prepayment of Term B Loans or Revolving Loans with the Net Cash Proceeds of, or in exchange for, Permitted Other Debt, Refinancing Term B Loans or Replacement Term B Loans pursuant to Section 5.2(a)(iii)(B) shall be applied solely to each applicable Class or Classes of Term B Loans or Revolving Loans being refinanced or replaced.
More Definitions of Replacement Term B Loans
Replacement Term B Loans are each defined in Section 8.3.
Replacement Term B Loans has the meaning provided in the Second Amendment.
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). “Replacement Term C Loans” shall have the meaning provided in Section 13.01. “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 Initial2024-1 Incremental Term B Loans or Term C Loans with the proceeds of, or any conversion of Initial2024-1 Incremental Term B Loans or Term C 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 Initial2024-1 Incremental Term B Loans or the Term C Loans, as applicable, and (ii) any amendment to the Initial2024-1 Incremental Term B Loans or Term C 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 Initial2024-1 Incremental Term B Loans or Term C 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. “Re...