Tranche B-1 Dollar Term Loan definition

Tranche B-1 Dollar Term Loan means, collectively, any Term Loan made in Dollars on the Amendment No. 2 Effective Date pursuant to clause (i) or (ii) of the second sentence of Section 2.1(a).
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Tranche B-1 Dollar Term Loan means, collectively, (i) a Term Loan in Dollars made pursuant to Section 2.01(d)(i)(1) on the Amendment No. 1 Effective Date and (ii) each Additional Tranche B-1 Dollar Term Loan.
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Examples of Tranche B-1 Dollar Term Loan in a sentence

  • The Spinco Borrower shall repay to the Administrative Agent, for the benefit of the applicable Lenders, on the 2020 Spinco Tranche B-1 Dollar Term Loan Maturity Date, the then-outstanding 2020 Spinco Tranche B-1 Dollar Term Loans made to the Spinco Borrower, in Dollars.

  • Each Additional Tranche B-1 Dollar Term Lender hereby agrees to make an Additional Tranche B-1 Dollar Term Loan to the Borrower in an amount equal to its Additional Tranche B-1 Dollar Term Commitment on the Amendment No. 1 Effective Date in accordance with Section 2.01(d) of the Credit Agreement.

  • Such consent of each 2020 Spinco Tranche B-1 Dollar Term Loan Lender party hereto shall also constitute the consent of such Person in its capacity as a lender under the Spinco Term Loan Agreement, and in respect of the Spinco Term Loan Agreement and the other “Credit Documents” as defined in the Spinco Term Loan Agreement, to all matters set forth in this Amendment, including Sections 3 and 4 hereof.

  • Section 5.1(a) of the Credit Agreement is hereby amended by amending the second sentence thereof by inserting “, Tranche B-1 Dollar Term Loan Repayment Amounts, Tranche B-1 Euro Term Loan Repayment Amounts” immediately after the reference to “Initial Term Loan Repayment Amounts” contained therein.

  • Each prepayment in respect of any Term Loans pursuant to this Section 5.1 shall be (a) applied to the Class or Classes of Term Loans as such Borrower may specify and (b) applied to reduce Initial Term Loan Repayment Amounts, Tranche B-1 Dollar Term Loan Repayment Amounts, Tranche B-1 Euro Term Loan Repayment Amounts, any New Term Loan Repayment Amounts, and, subject to Section 2.14(g), Extended Term Loan Repayment Amounts, as the case may be, in each case, in such order as such Borrower may specify.

  • All of the Tranche B-2 Dollar Term Loans (whether issued in exchange for a Tranche B-1 Dollar Term Loan outstanding under the Credit Agreement or issued for cash) will be treated as fungible for U.S. federal income tax purposes.

Related to Tranche B-1 Dollar Term Loan

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • 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.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • 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).

  • 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.

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

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

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

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

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

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).