Term B-7 Note definition

Term B-7 Note means a promissory note made by the Designated Borrowers in favor of a Term B-7 Lender evidencing Term B-7 Loans made by such Term B-7 Lender, substantially in the form of Exhibit 1.01(d).
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Term B-7 Note means a promissory note of the Borrower and the Subsidiary Borrowers payable to any Term B-7 Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the aggregate Indebtedness of the Borrower and the Subsidiary Borrowers (which shall be allocated among them ratably in accordance with the Designated Amounts) to such Term B-7 Lender resulting from the Term B-7 Loans made or held by such Term B-7 Lender.
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Term B-7 Note means a promissory note of the Borrower payable to any Term B-7 Lender or its registered assigns, in substantially the form of Exhibit C-8 attached to Annex 3 to Amendment No. 9, evidencing the aggregate Indebtedness of the Borrower to such Term B-7 Lender resulting from the Term B-7 Loans of such Term B-7 Lender. “Term B-7 Repricing Transaction” shall mean (1) the incurrence by the Borrower of any loans (including, without limitation, any new or additional term loans under this Agreement, but excluding, for the avoidance of doubt, any notes, including notes permitted to be issued hereunder constituting Credit Agreement Refinancing Indebtedness) that are secured and are broadly marketed or syndicated to banks and other institutional investors in financings similar to the Term B-7 Loans provided for in this Agreement (i) the net proceeds of which are used to prepay or replace, in whole or in part, outstanding principal of the Term B-7 Loans, and (ii) having an “effective” yield for the respective Type of such loans that is less than the “effective” yield for Term B-7 Loans of the respective Type (with the comparative determinations to be made in the reasonable judgment of the Administrative Agent consistent with generally accepted financial practices, after giving effect to, among other factors, margin, upfront or similar fees or “original issue discount” (with such upfront or similar fees or “original issue discount” being equated to interest rate assuming a 4-year life to maturity) shared with all lenders of such loans or Term B-7 Loans, as the case may be, but excluding the effect of any arrangement, structuring, syndication or other fees payable in connection therewith that are not shared with all lenders of such loans or Term B-7 Loans, as the case may be, and without taking into account any fluctuations in the Eurocurrency Rate) and (2) any amendment to the Term B-7 Loans which reduces the Applicable Rate for Term B-7 Loans. Any determination by the Administrative Agent as contemplated by clause (1)(ii) shall be conclusive and binding on all Lenders holding Term B-7 Loans absent manifest error.” (b) The definition of “Applicable Rate” is hereby amended by inserting the following new clause (VII) in proper numerical order: “(VII) for all periods beginning on and after the Amendment No. 9 Effective Date, with respect to Term B-7 Loans, a percentage per annum equal to (i) for Eurocurrency Rate Loans, 5.25% and (ii) for Base Rate Loans, 4.25%.” (c) The de...
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Related to Term B-7 Note

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

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

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

  • Term B-1 Lender means, at any time, any Lender that has a Term B-1 Commitment or a Term B-1 Loan at such time.

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

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

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

  • Term B Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term B Commitments at such time and (b) thereafter, the aggregate principal amount of the Term B Loans of all Term B Lenders outstanding at such time.

  • Term Loan Note means a promissory note in the form of Exhibit B, as it may be amended, supplemented or otherwise modified from time to time.

  • Term B Commitment means, as to each Term B Lender, its obligation to make Term B Loans to the Borrower pursuant to Section 2.1(c) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term B Lender’s name on Schedule 2.1 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 as defined in Section 2.1.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • Term Loan Maturity Date means, (a) with respect to any Term Loans, the final maturity date as specified for such Term Loans in the applicable Term Loan Amendment and (b) with respect to any Extended Term Loans of a given Term Loan Extension Series, the final maturity date as specified in the applicable Extension Amendment.