Term B-3 Loans definition

Term B-3 Loans means, collectively, the Term Loans made by the Term B-3 Lenders pursuant to Section 2.1.

Term B-3 Loans is defined in Section 2.1(b) hereof.

Term B-3 Loans means the “Term B-3 Loans” under the Credit Agreement as in effect prior to giving effect to Amendment No. 6.

Examples of Term B-3 Loans in a sentence

• The Term B-3 Commitment of each Term B-3 Lender shall be automatically and permanently reduced to $0 upon the making of such Term B-3 Lender’s Term B-3 Loans pursuant to the Term B-3 Incremental Amendment.

• Term B-1 Loans, Term B-2 Loans and, Term B-3 Loans and Term B-4 Loans may be Base Rate Loans or SOFR Loans, as further provided herein.

• With respect to the Revolving Credit Facility, the Term B-1 Loans and the Term B-3 Loans only, as of the last day of any fiscal quarter of the Borrower and its Restricted Subsidiaries commencing with the first full fiscal quarter ending after the Closing Date, to the extent such day is a Compliance Date, the Borrower shall not permit the Secured Net Leverage Ratio for the Test Period ended on such date to be greater than 5.75:1.00.

More Definitions of Term B-3 Loans

Term B-3 Loans means the Replacement Term B-3 Loans and the Incremental Term B-3 Loans; provided that, for the avoidance of doubt, the Replacement Term B-3 Loans and the Incremental Term B-3 Loans shall be treated as a single Class of Term B-3 Loans under this Agreement and the other Loan Documents.

Term B-3 Loans means the term loans made pursuant to, and as defined in, the First Amendment (including Converted Term B Loans).

Term B-3 Loans means the “Term B-3 Loans” as defined in the Credit Agreement.

Term B-3 Loans means the B-3 term loans maturing on May 25, 2018 provided for by the Secured Term Loan B Credit Agreement.

Term B-3 Loans all “Term B-3 Loans” (as defined in the Original Credit Agreement) outstanding under this Agreement immediately prior to the Amendment No. 4 Effective Date.

Term B-3 Loans has the meaning set forth in Incremental Amendment No. 2.

Term B-3 Loans as defined in Section 2.01.