Examples of Term B-2 Lenders in a sentence
The Term B-2 Borrowing shall consist of Term B-2 Loans made simultaneously by the Term B-2 Lenders in accordance with their respective Term B-2 Commitments.
Prior to or substantially concurrently with the Amendment and Restatement Effective Date, the Borrower shall have (i) prepaid all Term B-2 Loans outstanding immediately prior to the Amendment and Restatement Effective Date and (ii) paid to all Term B-2 Lenders all accrued and unpaid interest, fees or other outstanding amounts on their Term B-2 Loans outstanding immediately prior to, but not including, the Amendment and Restatement Effective Date.
The commitment of the 2022 Incremental Term B-2 Lenders to make the 2022 Incremental Term B-2 Loans shall be automatically and permanently reduced to $0 on the Amendment No. 5 Effective Date upon the making of the 2022 Incremental Term B-2 Loans in accordance with Section 2.01.
Each Term B-2 Lender severally agrees, on the terms and conditions hereinafter set forth, to make either one advance or two advances of equal principal amount (each, a “Term B-2 Advance”) to the Borrower on any Business Day during the Term B-2 Availability Period in an aggregate amount for all such advances not to exceed such Lender’s Term B-2 Commitment at such time, consisting of Term B-2 Advances made simultaneously by the Term B-2 Lenders ratably according to their Term B-2 Commitments.
Upon any such further acquisition, such Consenting Noteholder or Consenting Term B-2 Lender shall promptly notify counsel to Ascent and Monitronics and counsel to the Consenting Noteholders or Consenting Term B-2 Lenders as applicable, and the Notes or Term B-2 Loans so acquired shall become subject to the terms of this Amended Agreement.