Replacement Tranche B Term Loans definition

Replacement Tranche B Term Loans as defined in Section 10.1.
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Replacement Tranche B Term Loans. Replacement Tranche B Lenders", "Replacement Tranche B Term Loan Maturity Date" and "Replacement Tranche B Term Percentage" with "Replacement Tranche C Term Loan", "Replacement Tranche C Term Loans", "Replacement Tranche C Term Lenders" "Replacement Tranche C Term Loan Maturity Date" and "Replacement Tranche C Term Percentage", respectively:
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Replacement Tranche B Term Loans as defined in Subsection 4.1(a) hereof.
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Examples of Replacement Tranche B Term Loans in a sentence

  • On the Repricing Effective Date, the Converted Tranche B Term Loans shall be converted or exchanged for all purposes of this Agreement into Replacement Tranche B Term Loans, and the Administrative Agent shall record in the Register the aggregate amounts of Converted Tranche B Term Loans converted or exchanged into Replacement Tranche B Term Loans.

  • The Replacement Tranche B Term Loans may from time to time be Eurodollar Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 4.2 and 5.4.

  • Nothing herein contained shall be construed as a substitution or novation of the Original Tranche B Term Loans, which shall remain outstanding after the Second Amendment Effective Date as Replacement Tranche B Term Loans.

  • The requested Borrowing Date for the Replacement Tranche B Term Loans shall be the Replacement Tranche B Effective Date.

  • The Replacement Tranche B Term Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent as contemplated by subsections 2.2 and 2.10 of the Credit Agreement.

  • Not later than 12:00 Noon, New York City time, on the Second Amendment Effective Date each Replacement Tranche B Term Loan Lender shall make available to the Tranche B Administrative Agent at the Funding Office an amount in immediately available funds equal to the Replacement Tranche B Term Loan or Replacement Tranche B Term Loans to be made by such Lender.

  • On the Second Amendment Effective Date, the Converted Original Tranche B Term Loans shall be converted for all purposes of this Agreement into Replacement Tranche B Term Loans, and the Tranche B Administrative Agent shall record in the Register the aggregate amounts of Converted Original Tranche B Term Loans converted into Replacement Tranche B Term Loans.

  • Any written notice to the Administrative Agent delivered by an applicable Lender pursuant to this subsection shall specify the amount of such Lender’s Replacement Tranche B Term Loan Commitment and the principal amount of the Original Tranche B Term Loans held by such Lender that are to be converted or exchanged into Replacement Tranche B Term Loans.

  • For the avoidance of doubt, the Borrowers hereby acknowledge and agree that the Replacement Tranche B Term Loans are not permitted to be repriced or modified pursuant to the last paragraph of Section 10.1 of the Credit Agreement.

  • The Borrower shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, on the Repricing Effective Date) requesting (i) that the Replacement Tranche B Term Lenders make Replacement Tranche B Term Loans or (ii) that the Continuing Tranche B Term Lenders convert or exchange Converted Tranche B Term Loans into Replacement Tranche B Term Loans on the Repricing Effective Date.


More Definitions of Replacement Tranche B Term Loans

Replacement Tranche B Term Loans shall have the meaning assigned to such term in Section 9.08(e).
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Related to Replacement Tranche B Term Loans

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

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

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

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

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

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • 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.

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

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