Tranche B-1 Term Loan definition

Tranche B-1 Term Loan means the Loan made pursuant to Section 2.01(b)(ii), which shall be an ABR Loan only. Notwithstanding anything herein to the contrary, there shall only be a single Tranche B-1 Term Loan made hereunder by the Tranche B-1 Term Loan Lender.
Tranche B-1 Term Loan shall have the meaning provided in Section 2.1.
Tranche B-1 Term Loan means, collectively, (i) a Term Loan in Dollars made pursuant to Section 2.1(f)(i) on the Amendment No. 1 Effective Date and (ii) each Additional Tranche B-1 Term Loan.

Examples of Tranche B-1 Term Loan in a sentence

  • The aggregate amount of the Additional Tranche B-2 Term Loan Commitments shall equal the outstanding principal amount of Existing Tranche B-1 Term Loans of Non-Consenting Existing Tranche B-1 Term Loan Lenders and Existing Tranche B-1 Term Loans of Post-Closing Option Tranche B-2 Lenders.

  • The Interest Period then in effect (and the benchmark rate thereunder) for the Existing Tranche B-1 Term Loans of Non-Consenting Existing Tranche B-1 Term Loan Lenders and Post-Closing Option Tranche B-2 Lenders shall remain in effect for the Additional Tranche B-2 Term Loans following any such repayment.

  • The Borrowers shall prepay all Existing Tranche B-1 Term Loans of Non-Consenting Existing Tranche B-1 Term Loan Lenders and Post-Closing Option Tranche B-2 Lenders with the gross proceeds of the Additional Tranche B-2 Term Loans.


More Definitions of Tranche B-1 Term Loan

Tranche B-1 Term Loan means the Tranche B-1 Term Loans under the Bank Credit Facilities.
Tranche B-1 Term Loan means the Incremental Term Loan provided pursuant to Section 2(a) of the Fourth Amendment.
Tranche B-1 Term Loan means a Tranche B-1 Term Loan made during the Tranche B-1 Term Loan Availability Period pursuant to clause (ii) of Section 2.01(a).
Tranche B-1 Term Loan shall have the meaning assigned to such term in the Fourth Amendment.
Tranche B-1 Term Loan means a Loan made pursuant to Section 2.01(b) of the First ARCA.
Tranche B-1 Term Loan has the meaning specified in Section 2.01; provided that, from and after the Amendment No. 3 Funding Date, “Tranche B-1 Term Loans” shall include the 2021-1 Incremental Term Loans.
Tranche B-1 Term Loan shall have the meaning provided in the Amendment and Joinder Agreement.