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 has the meaning given to it in the Third Amendment.
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Examples of Third Amendment Prepayment in a sentence

  • 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.

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

  • 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).

  • For the sake of clarity, the Third Amendment Prepayment Fee shall not reduce the Prepayment Fee otherwise due in connection with Section 2.4(a)(i) hereto.

  • 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.

  • 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.


More Definitions of Third Amendment Prepayment

Third Amendment Prepayment means the prepayment of principal of the Term Loan made as of the Third Amendment Effective Date in an aggregate amount equal to $10,000,000, together with accrued interest on such principal amount being prepaid through the date of such prepayment.”
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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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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 Amended and Restated Senior Secured Credit Agreement, dated as of November 5, 2021, by and among Administrative Agent, Collateral Agent, Lenders, the Borrower, Parent and Guarantors.

  • 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 the Fifth Amendment to Fifth Amended and Restated Credit Agreement dated as of August 25, 2016, among the Borrower, the Lenders party thereto, the Administrative Agent and the other Persons party thereto.

  • Third Amendment Date means June 23, 2020.

  • Fourth Amendment Date means April 30, 2021.

  • Seventh Amendment means the Waiver and Seventh Amendment to Sixth Amended and Restated Credit Agreement dated as of the Seventh Amendment Effective Date among the Borrower, the Administrative Agent and the Lenders.

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • Eighth Amendment means the Eighth Amendment to Second Amended and Restated First Lien Credit Agreement dated as of May 23, 2014 among the Borrower, EPL, the Lenders, the Administrative Agent and the other Persons 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 means February 26, 2019.

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of February 27, 2017, among the Loan Parties, the Administrative Agent and the Lenders party thereto.

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

  • Second Amendment Agreement means that certain Second Amendment Agreement dated as of October 4, 2011, among Xxxxx 0, xxx Xxxxxxxx, Xxxxxxx Xxxxx Capital Corporation, as administrative agent and collateral agent, and the Tranche B II Term Lenders party thereto, providing for, among other things, the amendment and restatement of the 2009 Credit Agreement.

  • Second Amendment means that certain Second Amendment to Second Amended and Restated Credit Agreement dated as of May 1, 2020, 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 Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

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

  • First Amendment Date means February 21, 2019.

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

  • 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.