Term B-3 Loan definition

Term B-3 Loan has the meaning set forth in Section 2.01(c).

Term B-3 Loan means a Loan made pursuant to Section 2.01(a)(v).

Term B-3 Loan means an advance made by any Term B-3 Lender of Second Amendment Effective Date Term Loans constituting Term B-3 Loans.

Examples of Term B-3 Loan in a sentence

• The BrandCo Third Lien Guaranty Claims shall be Allowed in the aggregate amount of the 2020 Term B-3 Loan Claims Allowed Amount.

• The assessment points of body condition, cleanliness and injuries were divided into lean and fat, dirty and severely dirty, and mild injuries and severe injuries, respectively, for all animal categories.

• Subject to and upon the terms and conditions set forth in the Fifth Amendment, each Incremental Term B-3 Lender severally, and not jointly, agrees to make an Incremental Term B-3 Loan to the Borrower on the Fifth Amendment Effective Date in Dollars in a principal amount not to exceed its Incremental Term B-3 Loan Commitment.

• The Term B-3 Loan Commitment of each Lender shall be automatically and permanently reduced to $0 upon the funding of Second Amendment Effective Date Term Loans made by it on the Second Amendment Effective Date.

• No Default or Event of Default shall exist or would result from the incurrence of the Term B-3 Loan and the 2023 Revolving Loans (if applicable) or from the application of the proceeds therefrom on the Amendment and Restatement Effective Date.

More Definitions of Term B-3 Loan

Term B-3 Loan means, collectively: (i) each Exchanged Term Loan and (ii) from and after the making thereof pursuant to Section 2.01(d)(ii), each Additional Term B-3 Loan. For the avoidance of doubt, the Term B-3 Loans constitute Refinancing Term Loans.

Term B-3 Loan means a Refinancing Term Loan (as defined in the Third Amendment to Credit Agreement). The outstanding amount of Term B-3 Loans as of the Third Amendment to Credit Agreement Effective Date is $740,000,000.

Term B-3 Loan means Term B-1 Loans that were reclassified as “Term B-3 Loans” pursuant to the Amendment Agreement on the Restatement Effective Date.

Term B-3 Loan means a Loan that is made pursuant to Section 2.01(d) of the Credit Agreement on the Amendment No. 3 Effective Date.

Term B-3 Loan means each “Term B-3 Loan” outstanding hereunder immediately prior to the Amendment No. 8 Effective Date.

Term B-3 Loan means a term loan funded pursuant to the Additional Term B-3 Loan Commitment or converted from a Converted Term B-2 Loan, in each case, pursuant to Section 2.01(f) on the Amendment No. 5 Effective Date.

Term B-3 Loan means an advance made by any Term B-3 Lender under the Term B-3 Facility.