Examples of Term B Debt in a sentence
All of the representations and warranties of the US Borrowers in the Term B Debt Documents are true and correct in all material respects.
The Administrative Agent shall have received true and correct copies of (i) the Initial Financial Statements and (ii) the projections prepared by management of balance sheets, income statements and cashflow statements of the Borrower and its Subsidiaries, after giving effect to the extension of the Term B Debt, covering the first four full years after the Effective Date.
The Administrative Agent shall have received a compliance certificate in form acceptable to the Administrative Agent and executed a Responsible Officer of the Borrower and reflecting a Leverage Ratio as of the last day of the most recently ended fiscal quarter prior to the Effective Date for which financial statements are available, calculated giving pro forma effect to the Augusta Drop Down and incurrence of Term B Debt, of no greater than 3.50 to 1.00.
The transactions contemplated by the Term B Debt Documents will be, contemporaneously with the Closing Date, consummated in accordance with their respective terms.
Promptly provide Administrative Agent with true and complete copies of any and all material documents and other material information delivered by or to any US Loan Party pursuant to the terms of the Term B Debt Documents, except any such documents or other information otherwise required to be delivered hereunder.
Borrowers have delivered to Administrative Agent true and correct copies of the Term B Debt Documents.
The Administrative Agent shall have received a Compliance Certificate in form acceptable to the Administrative Agent and executed a Responsible Officer of the Borrower and reflecting compliance with the covenants in Sections 6.16, 6.17, and 6.18 as of the last day of the most recently ended fiscal quarter prior to the Effective Date for which financial statements are available, calculated giving pro forma effect to the extension of the Term B Debt.
The Administrative Agent shall have received true and correct copies of (i) the Initial Financial Statements, (ii) the Pro Forma Financial Statements and (iii) the projections prepared by management of balance sheets, income statements and cashflow statements of the Borrower and its Subsidiaries, after giving effect to the Augusta Drop Down and incurrence of Term B Debt, covering the first four full years after the Effective Date.
Use the proceeds of the Term Loan A for any purpose other than, together with the proceeds of Advances and the Term B Debt, to repay in full the outstanding principal, accrued interest, and accrued fees and expenses evidenced by the Indenture.