Second Amendment Term B Loans definition

Second Amendment Term B Loans collectively, the Second Amendment Incremental Term Loans and the Second Amendment Replacement Term Loans.
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Second Amendment Term B Loans means a portion of the Term B Loans, in an aggregate principal amount not exceeding $11,602,610.59, that may be borrowed by Company on the Second Amendment Effective Date.
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Second Amendment Term B Loans collectively, the Second Amendment Incremental Term Loans and the Second Amendment Replacement Term Loans. The Second Amendment Term B Loans were refinanced and replaced in full by the Sixth Amendment Replacement Term Loans as of the Sixth Amendment Effective Date. “Second Amendment Transactions”: has the meaning assigned to the term “Transactions” in the Second Amendment. “Secured Parties”: as defined in the Guarantee and Collateral Agreement. “Security Documents”: the collective reference to the Guarantee and Collateral Agreement, the Mortgages and all other security documents hereafter delivered to the Administrative Agent granting a Lien on any property of any Person to secure the obligations and liabilities of any Loan Party under any Loan Document. “similar business”: (a) those businesses conducted or proposed to be conducted by the Group Members on the Closing Date (after giving effect to the Closing Date Acquisition) and/or (b) any business or other activities that are reasonably related, ancillary, complementary, similar, incidental, corollary or synergistic to, and/or a reasonable extension, development or expansion of, the businesses described in clause (a). “Seventh Amendment”: as defined in the recitals hereto. “Seventh Amendment Effective Date”: as defined in the recitals hereto. “Seventh Amendment Replacement Term B Commitment”: as defined in the Seventh Amendment. “Seventh Amendment Replacement Term Lender”: each Lender that holds a Seventh Amendment Replacement Term B Commitment or that holds a Seventh Amendment Replacement Term Loan. “Seventh Amendment Replacement Term Loan Maturity Date”: February 25, 2028. “Seventh Amendment Replacement Term Loans”: as defined in the Seventh Amendment. “Seventh Amendment Transactions”: has the meaning assigned to the term “Transactions” in the Seventh Amendment. “Sixth Amendment”: as defined in the recitals hereto. “Sixth Amendment Effective Date”: as defined in the recitals hereto. “Sixth Amendment Incremental Term B Commitment”: as defined in the Sixth Amendment. “Sixth Amendment Incremental Term Lender”: as defined in the Sixth Amendment. “Sixth Amendment Incremental Term Loans”: as defined in the Sixth Amendment. 50
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Examples of Second Amendment Term B Loans in a sentence

  • The Parent 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, at least one Business Day prior to the anticipated Second Amendment Effective Date) requesting that the applicable Term B Lenders make the Second Amendment Term B Loans on the Second Amendment Effective Date and specifying the amount to be borrowed.

  • Following the making or continuation thereof, as applicable, on the Second Amendment Effective Date, the Second Amendment Term B Loans constituted Term B Loans and Term Loans, as applicable, in all respects for purposes of this Agreement and all other Loan Documents.

  • Each Loan Party hereby approves and consents to the amendments and waivers contemplated by this Amendment and agrees that its obligations under the Existing Credit Agreement and the other Loan Documents to which it is a party shall not be diminished as a result of the execution of this Amendment or the incurrence of the Second Amendment Term B Loans.

  • The obligation of each Second Amendment Term B Lender to make, purchase by assignment or acquire by continuation, as applicable, Second Amendment Term B Loans on the Amendment Effective Date (or, with respect to a Post-Closing Option Term Lender, on or after the Amendment Effective Date) is subject to the satisfaction (or waiver) of the applicable conditions set forth in Section 5 of this Amendment.

  • Following the making or continuation thereof, as applicable, on the Second Amendment Effective Date, the Second Amendment Term B Loans shall constitute Term B Loans and Term Loans, as applicable, in all respects for purposes of this Agreement and all other Loan Documents.

  • For the avoidance of doubt, interest will only accrue on the Second Amendment Term B Loans from and after the Amendment Effective Date.

  • All Second Amendment Term B Loans shall be paid in full on June 30, 2006.

  • Each Loan Party acknowledges and agrees that all of the Liens and security interests created and arising under any Loan Document remain in full force and effect and continue to secure its Obligations (including without limitation in respect of the Second Amendment Term B Loans), unimpaired, uninterrupted and undischarged, regardless of the effectiveness of this Amendment and the incurrence of the Second Amendment Term B Loans.

Related to Second Amendment Term B Loans

  • New Term Loans as defined in Section 2.24.

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

  • Third Amendment Date means June 23, 2020.

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

  • 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).

  • Fourth Amendment Date means April 30, 2021.

  • Second Amendment Date means February 26, 2019.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

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

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • 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.

  • 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.

  • New Term Facility has the meaning specified in Section 2.14(a).

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • 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).

  • Third Amendment means that certain Third Amendment to Amended and Restated Credit Agreement dated as of the Third Amendment Effective Date, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

  • Eighth Amendment means the Eighth Amendment to Second Amended and Restated First Lien Credit Agreement dated as of May 23, 2014 among the Borrower, EPL, the Lenders, the Administrative Agent and the other Persons party thereto.

  • Sixth Amendment means the Sixth Amendment to Amended and Restated Senior Secured Credit Agreement, dated as of November 5, 2021, by and among Administrative Agent, Collateral Agent, Lenders, the Borrower, Parent and Guarantors.

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

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

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • 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.

  • First Amendment Date means February 21, 2019.

  • Fourth Amendment means that certain Fourth Amendment to Credit Agreement, dated as of August 17, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders and other Credit Parties party thereto.