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.
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
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.
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.