Tranche B 2019 Term Loans definition

Tranche B 2019 Term Loans means Loans made or deemed made by the Tranche B 2019 Term Lenders pursuant to Section 2.01(f).
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Examples of Tranche B 2019 Term Loans in a sentence

  • The Tranche B 2019 Term Commitments outstanding on the Fourth Amendment Effective Date expired at 5:00 p.m. New York City time on the Fourth Amendment Effective Date, and amounts paid or prepaid in respect of Tranche B 2019 Term Loans may not be reborrowed.

  • The Issuer used the net proceeds of the add-on to the Tranche B 2020 Term Loans, together with cash on hand, to pre-pay the Issuer’s $1.2 billion Tranche B 2019 Term Loans under the Existing Credit Facility.

  • The Issuer used the net proceeds of the Tranche B III 2019 Term Loans, together with cash on hand, to pre-pay the Issuer’s $815 million Tranche B 2019 Term Loans under the Existing Credit Facility.

  • Such fees shall be payable in immediately available funds on the Fourth Amendment Effective Date, subject to the making of the Tranche B 2019 Term Loans or the Tranche B 2016 Term Loans, as the case may be.

  • On the Fourth Amendment Effective Date, immediately following the effectiveness of the amendments provided for in Section 1, the Existing Credit Agreement shall be further amended to give effect to the modifications thereto establishing or specifically relating to the Tranche B 2019 Term Loan Commitments and the Tranche B 2019 Term Loans that are reflected in the form of Amended and Restated Credit Agreement attached as Annex I hereto (but not to the other modifications reflected in such Annex I).

  • Financing used the net proceeds of the Tranche B III 2019 Term Loans, together with cash on hand, to pre-pay Financing’s $815 million Tranche B 2019 Term Loans under the Existing Credit Facility.

  • The Tranche B 2019 Term Commitments shall expire at 5:00 p.m. New York City time on the Fourth Amendment Effective Date, and amounts paid or prepaid in respect of Tranche B 2019 Term Loans may not be reborrowed.

  • Financing used the net proceeds of the add-on to the Tranche B 2020 Term Loans, together with cash on hand, to pre-pay Financing’s $1.2 billion Tranche B 2019 Term Loans under the Existing Credit Facility.

  • The Tranche B 2019 Term Loans and the Tranche B 2016 Term Loans shall be entitled to all the benefits afforded by the Restated Credit Agreement and the other Loan Documents and shall benefit equally and ratably (except as provided in Section 6 above) from the Guarantees created by the Guarantee Agreement and the security interests created by the Collateral Agreement and the other Security Documents.

  • The net proceeds of the Tranche B 2019 Term Loans, together with additional funds of the Borrower, will be immediately advanced by the Borrower to Level 3 LLC in an amount equal to the aggregate principal amount of the Tranche B 2019 Term Loans against delivery of an amended Loan Proceeds Note reflecting the amount of such advance but otherwise in the form of Exhibit H to the Existing Credit Agreement.

Related to Tranche B 2019 Term Loans

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

  • Tranche B Term Loan as defined in Section 2.1.

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

  • Tranche C Term Loan as defined in Section 2.1.

  • 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 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 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 Facility as defined in the definition of “Facility” in this Section 1.1.

  • 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 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 B Term Loan Maturity Date means October 20, 2016.

  • 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 Maturity Date means October 20, 2015.

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

  • 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 A Term Loan as defined in Section 2.1.

  • 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.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

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

  • 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.

  • New Term Loans as defined in Section 2.24.

  • Incremental Term B Loans has the meaning specified in Section 2.14(a).

  • 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.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.