Term B-1 Lender definition

Term B-1 Lender means, at any time, any Lender that has a Term B-1 Commitment or a Term B-1 Loan at such time.

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Term B-1 Lender means each Lender holding a Term B-1 Loan.

Term B-1 Lender means a Lender with an outstanding Tranche B-1 Term Commitment or an outstanding Term B-1 Loan.

Examples of Term B-1 Lender in a sentence

• Subject to the terms and conditions set forth herein and Amendment No. 1, each Term B-1 Lender with an Term B-1 Commitment severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to such Term B-1 Lender’s Term B-1 Commitment on the Amendment No. 1 Effective Date.

• Each Term B-1 Lender severally agrees to make to the Borrowers a single loan denominated in Dollars in a principal amount equal to such Term B-1 Lender’s Term B-1 Commitment on the Escrow Closing Date.

• The Dollar Term B-1 Commitment of each Dollar Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Dollar Term B-1 Lender’s Term Loans pursuant to Section 2.01(b)(i).

• The Term B-1 Commitment of each Additional Term B-1 Lender shall be automatically terminated on the Amendment No. 1 Effective Date upon the borrowing of the Additional Term B-1 Loans on such date.

• The Euro Term B-1 Commitment of each Euro Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Euro Term B-1 Lender’s Term Loans pursuant to Section 2.01(b)(ii).

More Definitions of Term B-1 Lender

Term B-1 Lender means any Lender that has a Term B-1 Commitment.

Term B-1 Lender means (i) at any time on or prior to the Fourth Amendment Effective Date, any Lender that holds the Term B-1 Commitment at such time and (ii) at any time after the Fourth Amendment Effective Date, any Lender that holds Term B-1 Loans at such time.

Term B-1 Lender means the Lender identified as such in Amendment No. 5.

Term B-1 Lender means, collectively, (i) on the Term B-1 Effective Date, each Lender that executes and delivers a Consent and indicates the “Cashless Settlement Option” prior to the Amendment No. 1 Effective Date, (ii) on the Term B-1 Effective Date, the Additional Term B-1 Lender and (iii) thereafter, each Lender with an outstanding Term B-1 Loan.

Term B-1 Lender means each Lender that has agreed, on the terms and conditions set forth in Amendment No. 1, to have up to all of its outstanding Initial Term Loans amended such that it shall hold a like principal amount of a Term B-1 Loans effective as of the Amendment No. 1 Effective Date.

Term B-1 Lender means each Lender having a Term Loan Commitment for Class B-1 Term Loans or, as the case may be, an outstanding Class B-1 Term Loan.

Term B-1 Lender means, at any time, any Lender that holds outstanding Initial Term B-1 Loans at such time.