Third Amendment Prepayment definition

Third Amendment Prepayment means a prepayment of $150 million applied on a pro rata basis to the Term B-1 Loans and Term B Loans and made on the Third Amendment Effective Date immediately prior to the making of the Refinancing Term Loan.
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Third Amendment Prepayment means a prepayment of the Term Loans in the amount of not less than $3,000,000 pursuant to the provision of the Third Amendment.
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Third Amendment Prepayment means a prepayment of $150 million applied on a pro rata basis to the Term B-1 Loans and Term B Loans and made on the Third Amendment Effective Date immediately prior to the making of the Refinancing Term Loan. “Total Credit Exposure” shall mean, as to any Lender at any time, the unused Commitments, Revolving Credit Exposure and outstanding Term Loans of such Lender at such time . “Total Leverage Ratio” shall mean, as of any date of determination, the ratio of (a) Consolidated Net Debt outstanding at such date to (b) Consolidated EBITDA for the Test Period most recently ended for which Section 9.1 Financials have been delivered. “Total Revolving Credit Commitment” shall mean the sum of the Revolving Credit Commitments of all the Lenders. “Total Term Loan Commitment” shall mean the sum of the Term Loan Commitments of all the Lenders. “Transaction Expenses” shall mean any fees or expenses incurred or paid by Holdings or any of its Subsidiaries in connection with the Transactions, this Agreement and the other Credit Documents and the transactions contemplated hereby and thereby. “Transactions” shall mean, collectively, the transactions contemplated by this Agreement, including the Refinancing Transactions and the Acquisition. “Transferee” shall have the meaning provided in Section 13.6(f). “Type” shall mean (a) as to any Term Loan, its nature as an ABR Loan or a LIBOR Term Loan and (b) as to any Revolving Credit Loan, its nature as an ABR Loan or a LIBOR Revolving Credit Loan. “Uniform Customs” shall have the meaning provided in Section 13.12. “Unfunded Advances/Participations” means (a) with respect to the Administrative Agent, the aggregate amount, if any, (i) made available to the Borrower on the assumption that each Lender has made its pro rata share of the applicable Borrowing available to the Administrative Agent as contemplated by Section 2.4(b) and (ii) with respect to which a corresponding amount shall not in fact have been made available to the Administrative Agent by any such Lender and (b) with respect to the Letter of Credit Issuer, the aggregate amount, if any, of unreimbursed payments under any Letter of Credit made by the Letter of Credit Issuer that shall not have been reimbursed by the Borrower pursuant
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Examples of Third Amendment Prepayment in a sentence

  • The Third Amendment Prepayment shall be applied in accordance with Section 2.4(e) of the Credit Agreement.

  • Subject to (a) satisfaction of the items set forth in Xxxxxxx 00 xxxxx, (x) Bank’s review and receipt of the Integrated Diagnostics APA Amendment in form and substance satisfactory to Bank in its sole discretion, and (c) occurrence of the Third Amendment Prepayment in accordance with the terms hereof, Bank hereby consents to (i) the Financial Covenant Consent, and (ii) the April 2022 Permitted Transactions.

  • Notwithstanding the foregoing, (a) Agent and Lender agree to waive the Prepayment Charge if Agent, Lender or any of their respective Affiliates (in its sole discretion) agree in writing to refinance the Advances on or prior to the Term Loan Maturity Date and (b) any applicable Prepayment Charge with respect to the Third Amendment Prepayment shall be due and payable in accordance with Section 2.6 of this Agreement.

  • On or about the Third Amendment Effective Date, Borrower prepaid an additional One Million Dollars ($1,000,000) of the outstanding principal balance of the Term Loan Advance as of such date (the “Third Amendment Prepayment”); provided that, for the avoidance of doubt, no Prepayment Fee was applied to the Third Amendment Prepayment.

  • Failure by Borrower to pay the Third Amendment Prepayment no earlier than April 1, 2020, but no later than April 3, 2020.

  • With respect to the Third Amendment Prepayment, Agent hereby waives any requirement that the Borrowers provide prior written notice of such prepayment and any Applicable Prepayment Premium with respect to such prepayment.

  • Administrative Borrower shall have made the Third Amendment Prepayment (as defined in Section 3.03 of this Third Amendment).


More Definitions of Third Amendment Prepayment

Third Amendment Prepayment has the meaning given to it in the Third Amendment.
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Related to Third Amendment Prepayment

  • Third Amendment means that certain Third Amendment to Amended and Restated Credit Agreement dated as of the Third Amendment Effective Date, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

  • Sixth Amendment means the Sixth Amendment to Credit Agreement dated as of March 7, 2011 among the Borrower, the Lenders party thereto and the Administrative Agent.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Fourth Amendment means that certain Fourth Amendment to Credit Agreement, dated as of August 17, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders and other Credit Parties party thereto.

  • Fifth Amendment means that certain Fifth Amendment to Credit Agreement, dated as of December 14, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders, Letter of Credit Issuers and other Credit Parties party thereto.

  • Third Amendment Date means June 23, 2020.

  • Fourth Amendment Date means April 30, 2021.

  • Seventh Amendment means that certain Seventh Amendment to Revolving Credit and Security Agreement, dated as of the Seventh Amendment Date, by and among Borrowers, Lenders and Agent.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Eighth Amendment means that certain Eighth Amendment to Second Amended and Restated Credit Agreement and First Amendment to Second Amended and Restated Guaranty and Collateral Agreement, dated as of the Eighth Amendment Effective Date, among the Borrower, the Guarantors, the Administrative Agent and the Lenders party thereto.

  • Eleventh Amendment means that certain Eleventh Amendment to Credit Agreement, dated as of April 29, 2022, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent, the Lenders party thereto, the Revolving Letter of Credit Issuers and the various other parties party thereto.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Second Amendment Date the date of effectiveness of the Second Amendment, dated July 15, 2016, by and among the Borrower, the other Loan Parties thereto, Holdings, the Lenders party thereto and the Administrative Agent.

  • First Amendment means the First Amendment to Amended and Restated Credit Agreement, dated the First Amendment Effective Date, by and among the Loan Parties party thereto, the Required Lenders, the Revolving Credit Lenders and the Administrative Agent.

  • Term Credit Agreement shall have the meaning assigned to that term in the recitals to this Agreement and shall include any one or more other agreements, indentures or facilities extending the maturity of, consolidating, restructuring, refunding, replacing or refinancing all or any portion of the Term Obligations, whether by the same or any other agent, trustee, lender, group of lenders, creditor or group of creditors and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

  • Second Amendment means that certain Second Amendment to Amended and Restated Credit Agreement dated as of the Second Amendment Effective Date, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

  • Tenth Amendment means that certain Tenth Amendment to Credit Agreement, dated as of November 15, 2019, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent and the Lenders party thereto.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • First Amendment Date means February 21, 2019.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Incremental Agreement shall have the meaning provided in Section 2.14(e).

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Fourth Amendment Closing Date the date on which all the conditions precedent set forth in Section 3 of the Fourth Amendment shall be satisfied or waived.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.