Term B-6 Loan definition

Term B-6 Loan means any Exchange Term B-6 Commitment or Additional Term B-6 Commitment.
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Term B-6 Loan means the term loans made by the Term B-6 Lenders to any Borrower pursuant to Section 2.01(a) as such loans may be increased pursuant to the terms of Section 2.14.
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Term B-6 Loan has the meaning set forth in Section 2.01(j).
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Examples of Term B-6 Loan in a sentence

  • The Term Commitment of each Term B-6 Lender with a Term B-6 Loan Commitment shall terminate on the Term B-6 Loan Commitment Termination Date.

  • As a result of the issuance of the Term B-6 Loan and the repayment of the Term B-3 Loan, the Company recognized a loss on extinguishment of debt of $2.0 million and debt refinancing costs of $6.9 million during the second quarter of 2021, both of which are included in other income (expense), net in the consolidated statements of operations.The Term B-6 Loan is payable in quarterly installments of 0.25% of the aggregate initial principal amount beginning in September 2021.

  • The proceeds from the Term B-6 Loan and an incremental borrowing of $274.2 million under the North American ABL Facility were used to repay in full previously incurred term loan debt and satisfy related lending and refinancing fees.

  • In recent weeks, Mr. Bankman-Fried’s parents have become the target of intense media scrutiny, harassment, and threats.

  • The Borrower agrees to pay or reimburse the Administrative Agent and the Term B-6 Loan Arranger for all reasonable costs and expenses of the Administrative Agent in connection with the preparation, execution, delivery and administration, modification and amendment of this First Amendment.

  • U.S. Term B-6 Loan, 1M SOFR + 1.75% $ 131,434 3M SOFR + 1.80% Citibank, N.A. Arches Buyer, Inc., 1M SOFR + 3.25% $ 841,627 3M SOFR + 1.80% Citibank, N.A. ASGN Incorporated Term Loan B, 1M SOFR + 2.25% (b) $ 1,000,000 3M SOFR + 1.80% Citibank, N.A. Asurion, LLC NEW B-11 TERM LOAN, 1M SOFR + 4.25% $ 379,343 3M SOFR + 1.80% Citibank, N.A. Asurion, LLC TLB 1L, 1M SOFR + 4.00% $ 618,750 3M SOFR + 1.80% Citibank, N.A. Athenahealth Group Inc.

  • Each of the Administrative Agent and the Term B-6 Loan Arranger shall have received a solvency certificate from the chief financial officer of Borrower in the form of Annex D hereto.

  • See Note 10, “Debt,” for additional information about our Incremental Term B-6 Loan.

  • The interest rate applicable to the Term B-6 Loan is based on, at the Company's option, (i) a fluctuating rate of interest determined by reference to a base rate plus an applicable margin of 1.00% or (ii) a Eurocurrency rate plus an applicable margin of 2.00% (in each case with a 0.25% step down based on the achievement of a specific leverage level).

  • The Company can prepay the Term B-6 Loan in whole or part without penalty.ABL FacilitiesOn October 27, 2022, the Company and certain of its US, Canadian and European subsidiaries entered into the Second Amended and Restated ABL Credit Agreement (the "Senior ABL Facility").


More Definitions of Term B-6 Loan

Term B-6 Loan means Replacement Term B-6 Loans made pursuant to Section 2.01(a)(iii)(E) and Amendment No. 8 on the Amendment No. 8
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Term B-6 Loan means each Loan made by the Additional Term B-6 Facility Lenders under the Term B-6 Facility on the Closing Date, and, collectively, the “Term B-6 Loans”.
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Term B-6 Loan means each Term B-6 Loan made pursuant to Section 2.01(g) on the Amendment No. 7 Effective Date.
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Related to Term B-6 Loan

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Term B-2 Loan means the Loan in the amount set forth in Section 2.01(a)(i).

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.

  • Term B-1 Loans has the meaning specified in Section 2.01(a)(ii).

  • Term Loan has the meaning specified in Section 2.01(b).

  • Term B-2 Lender means each Lender holding a Term B-2 Loan.

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Term B Facility means the Term B Loan Commitments and the Term B Loans made hereunder.

  • Term B Loan Maturity Date means December 7, 2023.

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

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

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

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Term B Commitment means, as to each Term B Lender, its obligation to make Term B Loans to the Company pursuant to Section 2.01(b) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Term B Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term B Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Tranche C Loan has the meaning specified in Section 2.01(c).