Series B-2 Term Loans definition

Series B-2 Term Loans means a Series B-2 Term Loan (as defined in and made pursuant to Section 2.01(a) of the Existing Credit Agreement) that has been amended by Amendment No. 6 (which term loans were refinanced in full by the Series B-3 Term Loans and Series B-4 Term Loans made on the Amendment No. 10 Effective Date).

Examples of Series B-2 Term Loans in a sentence

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  • For the avoidance of doubt, the Borrower may prepay Series B-1 Term Loans pursuant to this Section 2.05(a)(i) without any requirement to prepay Series B-2 Term Loans.

  • Assignor Facility Assigned Aggregate Amount of Commitment / Loans of all Lenders Amount of Commitment / Loans Assigned Percentage Assigned of Aggregate Commitment / Loans of all Lenders Series B-2 Term Loans $ $ % Series B-2 Term Loans $ $ % Series B-2 Term Loans $ $ % Series B-2 Term Loans $ $ % Series B-2 Term Loans $ $ % Series B-2 Term Loans $ $ % Effective Date: Amendment No. 4 Effective Date, which shall be April 19, 2018.

  • For the avoidance of doubt, the Borrower may prepay Series B-1 Term Loans pursuant to this Section 2.05(a)(i) without any requirement to prepay Series B-2 Term Loans..

  • Without limiting the generality of the foregoing, the Collateral Documents and all of the Collateral described therein do and shall continue to secure the payment of all Obligations (including, for the avoidance of doubt, all Obligations in respect of the Series B-2 Term Loans (including the Amended Series B-2 Term Loans) made available hereunder) of the Loan Parties under the Loan Documents, in each case as amended by this Amendment.

  • Either party may terminate this Agreement without cause, on giving not less than 30 days written notice to the other party.

  • Assignor Facility Assigned Aggregate Amount of Commitment / Loans of all Lenders Amount of Commitment / Loans Assigned Percentage Assigned of Aggregate Commitment / Loans of all Lenders Series B-2 Term Loans $ $ % Series B-2 Term Loans $ $ % Series B-2 Term Loans $ $ % Series B-2 Term Loans $ $ % Series B-2 Term Loans $ $ % Series B-2 Term Loans $ $ % Effective Date: Amendment No. 3 Effective Date, which shall be March 16, 2017.

  • Notwithstanding the foregoing, Pride or the Designated Management may exercise the Call Option only with respect to the Outstanding Securities other than the Series B-2 Term Loans, in which event the Exercise Price shall exclude clause (i) of the definition thereof and the Series B-2 Term Loans shall remain outstanding after such exercise.

  • Subject to the terms and conditions set forth herein and in Amendment No. 6, each Series B-2 Term Lender agrees to make Series B-2 Term Loans (as defined herein, after giving effect to Amendment No. 6 and the Cashless Roll (as defined in Amendment No. 6)) in an aggregate principal amount equal to its Series B-2 Term Commitment on the Amendment No. 6 Effective Date.

  • The exercise price (the "Exercise Price") for the Call Option shall be, as of any date, set at an amount such that the Exercise Price will produce the sum of (i) all amounts outstanding under the Series B-2 Term Loans (including all accrued interest thereon and other amounts payable with respect thereto) plus (ii) a 40% IRR (as hereinafter defined) to Varde, subject to a minimum Exercise Price of $7,500,000 plus the cost to Varde of acquiring the Outstanding Securities then subject to the Call Option.

Related to Series B-2 Term Loans

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

  • New Term Loans as defined in Section 2.24.

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

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

  • Tranche C Term Loan as defined in Section 2.1.

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

  • 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.

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

  • 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.

  • Other Term Loans means one or more Classes of Term Loans that result from a Refinancing Amendment.

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

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

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • 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 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.

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

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

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

  • 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.

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • New Term Loan 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).

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • 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.