Tranche B-1 Dollar Term Loans definition

Tranche B-1 Dollar Term Loans has the meaning specified in the Second Amended and Restated Credit Agreement.

Tranche B-1 Dollar Term Loans means the term loans denominated in Dollars made to the U.S. Borrower on the Amendment No. 2 Effective Date pursuant to the terms of this Agreement as then in effect.

Tranche B-1 Dollar Term Loans means the term loans denominated in Dollars made to the U.S. Borrower on the Amendment No. 2 Effective Date pursuant to the terms of this Agreement as then in effect. of the Test Period; provided that when calculating the Consolidated First Lien Secured Debt to Consolidated EBITDA Ratio for purposes of the definition of the “Commitment Fee Rate” and for purposes of determining compliance with Section 10.7 (other than for the purpose of determining compliance with Section 10.7 on a Pro Forma Basis as a condition to taking any action under this Agreement), any such Investments, acquisitions, dispositions, mergers, consolidations, and disposed operations that occurred subsequent to the end of the applicable Test Period shall not be given Pro Forma Effect. If, since the beginning of such period, any Person (that subsequently became a Restricted Subsidiary or was merged with or into Holdings or any Restricted Subsidiary since the beginning of such period) shall have made any Investment, acquisition, disposition, merger, consolidation, or disposed operation that would have required adjustment pursuant to this clause (a), then the Fixed Charge Coverage Ratio, Consolidated First Lien Secured Debt to Consolidated EBITDA Ratio, Consolidated Senior Secured Debt to Consolidated EBITDA Ratio and Consolidated Total Debt to Consolidated EBITDA Ratio shall be calculated giving Pro Forma Effect thereto for such Test Period as if such Investment, acquisition, disposition, merger, consolidation, or disposed operation had occurred at the beginning of the Test Period. Notwithstanding anything to the contrary herein, with respect to any amounts incurred or transactions entered into (or consummated) in reliance on a provision of this Agreement that does not require compliance with a financial ratio or test (including, without limitation, the Fixed Charge Coverage Ratio, Consolidated First Lien Secured Debt to Consolidated EBITDA Ratio, Consolidated Senior Secured Debt to Consolidated EBITDA Ratio and Consolidated Total Debt to Consolidated EBITDA Ratio) (any such amounts, the “Fixed Amounts”) substantially concurrently with any amounts incurred or transactions entered into (or consummated) in reliance on a provision of this Agreement that requires compliance with any such financial ratio or test (any such amounts, the “Incurrence-Based Amounts”), it is understood and agreed that the Fixed Amounts (and any cash proceeds thereof) shall be disregarded in the calculation of the fina...

Examples of Tranche B-1 Dollar Term Loans in a sentence

• The Spinco Borrower shall have used the proceeds of the 2020 Spinco Tranche B-1 Dollar Term Loans to make the Spinco Payment.

• 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.

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

• The U.S. Borrower will use the proceeds of the Additional Tranche B-1 Dollar Term Loans and Additional Tranche B-1 Euro Term Loans on the Amendment No. 2 Effective Date in manner described in third sentence of Section 2.1(a).

• Executing as Participating Lender that holds Tranche B-1 Dollar Term Loans and/or Tranche B-1 Euro Term Loans: , as a Lender (type name of the legal entity) By: Name: Title: If a second signature is necessary: By: Name: Title: EXHIBIT B CONSENT TO AMENDMENT NO.

• The Term B Dollar Commitment of each Exchange Term B Dollar Lender shall be automatically and permanently reduced to $0 upon the exchange of the Tranche B-1 Dollar Term Loans held by such Exchange Term B Dollar Lender into Exchange Term B Dollar Loans pursuant to Section 2.01(b)(i).

• The Administrative Agent shall have received a notice of repayment from Jazz Lux in full of the Initial Dollar Term Loans which are not converted into Tranche B-1 Dollar Term Loans on the Amendment No. 1 Effective Date (which may be conditioned upon the receipt by Jazz Lux of the proceeds of the Tranche B-1 Dollar Term Loans pursuant to the Additional Tranche B-1 Dollar Term Commitment).

• Post-Closing Settlement Option ☐ to have 100% of the outstanding principal amount of the Tranche B-1 Dollar Term Loans held by such Tranche B-1 Dollar Term Loan Lender prepaid on the Amendment No. 5 Effective Date and purchase by assignment the principal amount of 2020 GDI Tranche B-2 Dollar Term Loans committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Administrative Agent).

• All accrued and unpaid interest on the Exchanged Tranche B-1 Dollar Term Loans and the Exchanged Tranche B-1 Euro Term Loans to, but not including the Effective Date, shall be payable on the Effective Date, but no amounts shall be payable on the Effective Date under Section 2.18(c) of the Second Amended and Restated Credit Agreement or Section 3.05.

• Subject to the terms and conditions set forth herein and set forth in the Amendment, each Term B Dollar Lender having a Term B Dollar Commitment severally agrees to exchange its Exchanged Tranche B-1 Dollar Term Loans on the Effective Date for a like principal amount of Term B Dollar Loans.

More Definitions of Tranche B-1 Dollar Term Loans

Tranche B-1 Dollar Term Loans shall have the meaning assigned to such term in Section 2.01(a).

Tranche B-1 Dollar Term Loans solely for purposes of determining the Applicable Margin payable hereunder, a Tranche B Term Dollar Loan which was held by a Tranche B Term Dollar Loan Lender that executed and delivered its consent to the Third Amendment on or prior to the Third Amendment Effective Date.