Term B-1 Facility Maturity Date means October 13, 2030; provided, (i) if, on the date that is 91 days prior to the scheduled maturity date of the 2026 First Lien Notes (the “Early 2026 First Lien Notes Maturity Test Date”), the aggregate principal amount of the 2026 First Lien Notes outstanding (and not held by the Borrower or any Subsidiary) equals or exceeds $1,000,000,000, the Term B-1 Facility Maturity Date shall be the Early 2026 First Lien Notes Maturity Test Date, (ii) if, on the date that is 91 days prior to the scheduled maturity date of the 2027 First Lien Notes (the “Early 2027 First Lien Notes Maturity Test Date”), the aggregate principal amount of the 2027 First Lien Notes outstanding (and not held by the Borrower or any Subsidiary) equals or exceeds $1,000,000,000, the Term B-1 Facility Maturity Date shall be the Early 2027 First Lien Notes Maturity Test Date, (iii) if, on the date that is 91 days prior to the scheduled maturity date of the 2028 Second Lien Notes (the “Early 2028 Second Lien Notes Maturity Test Date”), the aggregate principal amount of the 2028 Second Lien Notes outstanding (and not held by the Borrower or any Subsidiary) equals or exceeds $1,000,000,000, the Term B-1 Facility Maturity Date shall be the Early 2028 Second Lien Notes Maturity Test Date, (iv) if, on the date that is 91 days prior to the scheduled maturity date of the 2029 First Lien Notes (the “Early 2029 First Lien Notes Maturity Test Date”), the aggregate principal amount of the 2029 First Lien Notes outstanding (and not held by the Borrower or any Subsidiary) equals or exceeds $1,000,000,000, the Term B-1 Facility Maturity Date shall be the Early 2029 First Lien Notes Maturity Test Date and (v) if, on the date that is 91 days prior to the scheduled maturity date of any Specified Refinancing Indebtedness (with respect to each and any such Specified Refinancing Indebtedness, the “Early Specified Refinancing Indebtedness Maturity Test Date”), the aggregate principal amount of such Specified Refinancing Indebtedness outstanding (and not held by the Borrower or any Subsidiary) equals or exceeds $1,000,000,000, the Term B-1 Facility Maturity Date shall be the Early Specified Refinancing Indebtedness Maturity Test Date.
Term B-1 Facility Maturity Date means May 2, 2022.
Term B-1 Facility Maturity Date means the earlier of (i) April 20, 2024 and (ii) the date on which all Loans shall become due and payable in full hereunder, whether by acceleration or otherwise.
Examples of Term B-1 Facility Maturity Date in a sentence
With respect to any Indebtedness incurred pursuant to Sections 6.01(q)(i), 6.01(r)(i) or 6.01(s)(i), (A) the final maturity date of any such Indebtedness shall be no earlier than the Term B-1 Facility Maturity Date and (B) the Weighted Average Life to Maturity of such Indebtedness shall be no shorter than the remaining Weighted Average Life to Maturity of the Term B-1 Loans.
More Definitions of Term B-1 Facility Maturity Date
Term B-1 Facility Maturity Date means the seventh anniversary of the Closing Date.
Term B-1 Facility Maturity Date means the seventh anniversary of the Amendment No. 1 Effective Date. -56-
Term B-1 Facility Maturity Date means April 4, 2024 ; provided that if any Existing Convertible Notes are outstanding on August 16, 2022 and the maturity date thereof had not otherwise been extended to a date that is no earlier than 91 days after the date first set forth above in this definition, the Term B-1 Facility Maturity Date shall instead be August 16, 2022 unless the Borrower and the Guarantors shall have cash, Permitted Investments and/or undrawn Revolving Credit Commitments (or other commitments on terms reasonably satisfactory to the Administrative Agent from financial institutions reasonably satisfactory to the Administrative Agent) in an aggregate amount not less than the aggregate principal amount of then outstanding Existing Convertible Notes.
Term B-1 Facility Maturity Date means the date that is the fifth anniversary of the 2020 Incremental Effective Date.
Term B-1 Facility Maturity Date means the date that is the seventh (7th) anniversary of the Second Amendment Effective Date.