Term B Loan PIK Amount definition

Term B Loan PIK Amount means, as of any date of determination, ---------------------- the amount of all interest accrued with respect to the Term B Loan Amount that has been paid-in-kind by being added to the balance thereof in accordance with Section 2.6(a)(ii). ------------------
Sample 1
Term B Loan PIK Amount has the meaning specified therefor in Section 2.04(b)(ii)(A).
Sample 1
Term B Loan PIK Amount has the meaning specified therefor in Section 2.04(b)(ii)(A). "Term B PIK Margin" means, as of any date of determination, 4.00% per annum.
Sample 1

Examples of Term B Loan PIK Amount in a sentence

  • All amounts outstanding under the Term B Loan, including all accrued and unpaid interest and including the Term B Loan PIK Amount, shall constitute Obligations.

  • The outstanding unpaid principal balance (including the Term B Loan PIK Amount) and all accrued and unpaid interest under the Term Loans (including the Term B Loan PIK Amount) shall be due and payable on the date of termination of this Agreement, whether by its terms, by prepayment, or by acceleration.

  • The outstanding unpaid principal balance (including the Term B Loan PIK Amount) and all accrued and unpaid interest under the Notes (including the Term B Loan PIK Amount) shall be due and payable on the date of termination of this Agreement, whether by its terms, by prepayment, or by acceleration.

  • Interest (other than the Term B Loan PIK Amount, which shall be capitalized in accordance with Section 2.04(b)(ii)) on each Loan shall be payable (i) monthly, in arrears, on the first day of each month, commencing on the first day of the month following the month in which such Loan is made and (ii) in the case of each Loan, at maturity (whether upon demand, by acceleration or otherwise).

  • All amounts outstanding under the Term Loans (including the Term B Loan PIK Amount) shall constitute Term Loan Obligations.

  • Interest (other than the Term B Loan PIK Amount and the Term C Loan PIK Amount, which shall be capitalized in accordance with SectionSections 2.04(b)(ii) and (b)(iii), respectively) on each Loan shall be payable (i) monthly, in arrears, on the first day of each month, commencing on the first day of the month following the month in which such Loan is made and (ii) in the case of each Loan, at maturity (whether upon demand, by acceleration or otherwise).

  • The outstanding unpaid principal balance and all accrued and unpaid interest under the Term B Loan, including the Term B Loan PIK Amount, shall be due and payable on the date of termination of this Agreement, whether by its terms, by prepayment, or by acceleration.

  • The outstanding unpaid principal balance and all accrued ----------- and unpaid interest under the Term B Loan, including the Term B Loan PIK Amount, shall be due and payable on the date of termination of this Agreement, whether by its terms, by prepayment, or by acceleration.

  • All Term B Loans shall bear interest upon the unpaid principal amount thereof from the Closing Date until paid in full at the Term B Loan Rate; provided, however, that any such interest shall be paid-in-kind (in the absence of an election by the Company to pay all or a portion of such interest in cash in accordance with Section 3.1(d) hereof) by being added to the principal balance of the Term B Loans (inclusive of any Term B Loan PIK Amount theretofore so added) in accordance with Section 3.1(c).

  • All amounts outstanding under the Notes (including the Term B Loan PIK Amount) shall constitute Obligations.

Related to Term B Loan PIK Amount

  • Term B Loan is defined in Section 2.2(a)(ii) 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 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-2 Loan means the Loan in the amount set forth in Section 2.01(a)(i).

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • 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 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 Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Term Loan C has the meaning set forth in Section 2.2(c).

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

  • 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 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 Loan B has the meaning set forth in Section 2.2(b).

  • 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 Loan Maturity Date means December 7, 2023.

  • 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.

  • Term Loan A has the meaning set forth in Section 2.2(a).

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

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

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

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

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

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

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.