Term B-1 Maturity Date means the date that is seven years from the Term B-1 Effective Date; provided that, if any Senior Notes remain outstanding on the date that is 91 days prior to the maturity date of the Senior Notes, the Term B-1 Maturity Date shall be the date that is 91 days prior to the maturity date of the Senior Notes.
Term B-1 Maturity Date means March 2, 2027, or if such date is not a Business Day, the next preceding Business Day.
Term B-1 Maturity Date means June 15, 2024; provided, that, (a) if the aggregate outstanding principal amount of the Borrower’s existing 8.500% Senior Notes due April 2020 (other than any such Senior Notes constituting Defeased Indebtedness) is greater than $500.0 million on the January 2020 Springing Maturity Date, then the Term B-1 Maturity Date shall occur on the January 2020 Springing Maturity Date, (b) if the aggregate outstanding principal amount of the Borrower’s existing 8.875% Senior Notes due September 2020 (other than any such Senior Notes constituting Defeased Indebtedness) is greater than $500.0 million on the June 2020 Springing Maturity Date, then the Term B-1 Maturity Date shall occur on the June 2020 Springing Maturity Date, (c) if the aggregate outstanding principal amount of the Borrower’s existing 9.250% Senior Notes due 2021 and 6.250% Senior Notes due 2021 (other than any such Senior Notes constituting Defeased Indebtedness) is greater than $500.0 million on the 2021 Springing Maturity Date, then the Term B-1 Maturity Date shall occur on the 2021 Springing Maturity Date, (d) if the aggregate outstanding principal amount of the Borrower’s existing 8.750% Senior Notes due 2022 and 10.500% Senior Notes due 2022 (other than any such Senior Notes constituting Defeased Indebtedness) is greater than $500.0 million on January 14, 2022 (the “2022 Springing Maturity Date”), then the Term B-1 Maturity Date shall occur on the 2022 Springing Maturity Date, (e) if the aggregate outstanding principal amount of the Borrower’s existing 7.125% Senior Notes due January 2023 (other than any such Senior Notes constituting Defeased Indebtedness) is greater than $500.0 million on October 18, 2022 (the “October 2022 Springing Maturity Date”), then the Term B-1 Maturity Date shall occur on the October 2022 Springing Maturity Date and (f) if the aggregate outstanding principal amount of the Borrower’s existing 7.625% Senior Notes due April 2024 (other than any such Senior Notes constituting Defeased Indebtedness) is greater than $500.0 million on January 14, 2024 (the “January 2024 Springing Maturity Date”), then the Term B-1 Maturity Date shall occur on the January 2024 Springing Maturity Date.
Examples of Term B-1 Maturity Date in a sentence
Subject to Sections 2.13(a) and 2.14, all amounts owed hereunder with respect to the Term B1 Loans shall be paid in full no later than the Term B1 Maturity Date.
The Administrative Agent shall notify the Borrower of each Revolving Lender’s, Term A Lender’s, Term B-1 Lender’s or Term B-2 Lender’s, as applicable, determination under this Section no later than the date 15 days prior to the Existing Revolving Maturity Date, the Existing Term A Maturity Date, the Existing Term B-1 Maturity Date or the Existing Term B-2 Maturity Date, as applicable (or, if such date is not a Business Day, on the next preceding Business Day).
The remaining principal amount of all Initial Term B-1 Loans shall be repaid in full on the Term B-1 Maturity Date.
More Definitions of Term B-1 Maturity Date
Term B-1 Maturity Date. April 30, 2025.
Term B-1 Maturity Date means the seventh anniversary following the Closing Date.
Term B-1 Maturity Date means June 5, 2022; provided, however, that if such date is not a Business Day, the Term B-1 Maturity Date shall be the next preceding Business Day.
Term B-1 Maturity Date means the date that is seven years after the Refinancing Date.
Term B-1 Maturity Date the seventh anniversary of the Amendment Effective Date.
Term B-1 Maturity Date means (a) January 8, 2023 and (b) if such maturity date is extended pursuant to the seven year anniversary of the Term B[ Funding Date and (b) if such maturity date is extended pursuant to ]Section 2.16, solely as to each Term B-1 Lender agreeing to extend such maturity date, such extended maturity date as determined pursuant to such Section; provided, however, that if such date is not a Business Day, the Term B-1 Maturity Date shall be the immediately preceding Business Day.
Term B-1 Maturity Date means February 22, 2031.