Tranche B 2022 Term Loans definition

Tranche B 2022 Term Loans means Loans made or deemed made by the Tranche B 2022 Term Lenders pursuant to Section 2.01(l).
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Examples of Tranche B 2022 Term Loans in a sentence

  • The Tranche B 2022 Term Commitments expired at 5:00 p.m. New York City time on the Ninth Amendment Effective Date, and amounts paid or prepaid in respect of Tranche B 2022 Term Loans may not be reborrowed.

  • Merger 2 and the Contribution shall have been consummated, or substantially concurrently with the borrowing of the Tranche B 2022 Term Loans shall be consummated.

  • The Tranche B 2022 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 from the Guarantees created by the Guarantee Agreement and the security interests created by the Collateral Agreement and the other Security Documents.

  • The Tranche B 2022 Term Commitments shall expire at 5:00 p.m. New York City time on the Ninth Amendment Effective Date, and amounts paid or prepaid in respect of Tranche B 2022 Term Loans may not be reborrowed.

  • Xxxxx Title: Director By executing this Amendment Agreement and checking the “Cashless Roll” Election box, the Lender whose signature appears below becomes a party to this Amendment Agreement and a Tranche B-II 2022 Term Lender under the Restated Credit Agreement and agrees that the entire aggregate principal amount of Tranche B 2022 Term Loans held by such Lender will be converted into Tranche B-II 2022 Term Loans in a like principal amount as provided in this Amendment Agreement.

  • The net proceeds of the Tranche B 2022 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 2022 Term Loans against delivery of an amended Loan Proceeds Note reflecting the amount of such advance and in the form of Exhibit H to the Restated Credit Agreement.

  • The amounts so advanced and deemed advanced by the Borrower to Level 3 LLC will be made available to the Borrower through a prepayment or deemed prepayment of the Parent Intercompany Note equal to such amount and a capital contribution in the amount of such prepayment and deemed prepayment by Level 3 to the Borrower, and will be applied by the Borrower to prepay the Tranche B 2022 Term Loans in an aggregate outstanding principal amount of $2,000,000,000.

Related to Tranche B 2022 Term Loans

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

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

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche C Term Loan as defined in Section 2.1.

  • New Term Loans as defined in Section 2.24.

  • 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 Maturity Date means October 20, 2016.

  • 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).

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

  • Tranche A Term Loan Maturity Date means October 20, 2015.

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

  • 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.

  • 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 A Term Loan as defined in Section 2.1.

  • 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.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

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

  • Incremental Term B Loans has the meaning specified in Section 2.14(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 Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • 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.

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