Tranche B-4 Term Loan definition

Tranche B-4 Term Loan means, collectively, (i) a Term Loan in Dollars made pursuant to Section 2.1(f)(i) on the Fifth Amendment Effective Date and (ii) each Additional Tranche B-4 Term Loan.
Tranche B-4 Term Loan has the meaning specified in Section 2.01.
Tranche B-4 Term Loan. (i) the loans in Dollars made to the Borrower on the Third Amendment Effective Date in an aggregate principal amount of $450,000,000.00 and (ii) the loans in Dollars made to the Borrower on the Fourth Amendment Effective Date in an aggregate principal amount of $300,000,000.00. Upon the occurrence of the Fourth Amendment Effective Date, the Fourth Amendment Incremental Term Loans shall automatically and without further action by any Person constitute additional Tranche B-4 Term Loans (and shall have the same terms as the Tranche B-4 Term Loans after giving effect to the Fourth Amendment) and shall be part of the same class of Loans as the Tranche B-4 Term Loans, in each case for all purposes of this Agreement and the other Loan Documents. As of the Fourth Amendment Effective Date, the aggregate principal amount of Tranche B-4 Term Loans outstanding is $671,625,000.00.

Examples of Tranche B-4 Term Loan in a sentence

  • To the extent not previously delivered, delivered herewith to the Administrative Agent are such forms, certificates or other evidence with respect to United States federal income tax withholding matters as the Tranche B-4 Term Loan Lenders may be required to deliver to the Administrative Agent pursuant to Section 5.4(e) of the Credit Agreement.

  • Except as set forth in this Amendment, the Tranche B-4 Term Loan Commitments shall otherwise be subject to the provisions of the Amended Credit Agreement and the other Credit Documents.

  • Upon the Amendment No. 7 Effective Date, the undersigned Additional Tranche B-4 Term Loan Lender shall become a Lender under the Amended Credit Agreement and shall have the respective Additional Tranche B-4 Term Loan Commitment set forth next to its name on the Allocation Schedule.

  • Upon execution and delivery hereof, the Administrative Agent will record each Tranche B-4 Term Loan Commitment provided by the relevant Tranche B-4 Term Loan Lender in the Register.

  • For the avoidance of doubt, the Tranche B-4 Term Loan Commitments shall rank equal in right of payment and of security with all other Commitments and Loans under the Amended Credit Agreement.

  • All Tranche B-4 Term Loan Commitments shall (i) constitute Obligations and have all of the benefits thereof; (ii) have terms, rights, remedies, privileges and protections set forth in the Amended Credit Agreement and each of the other Credit Documents; and (iii) be secured by the Liens granted (I) to the Collateral Agent for the benefit of the Secured Parties under the Security Documents and/or (II) to the Secured Parties in their capacity as such (or to any of them).

  • The Tranche B-4 Term Loan Commitments shall be established under Section 2.14(a) of the Credit Agreement as a new Class of Term Loan Commitments.


More Definitions of Tranche B-4 Term Loan

Tranche B-4 Term Loan shall have the meaning provided in the recitals hereto.
Tranche B-4 Term Loan the loans in Dollars made to the Borrower on the Third Amendment Effective Date in an aggregate principal amount of $450,000,000.00.
Tranche B-4 Term Loan means the Term Loans made on the Term B-4 Effective Date.
Tranche B-4 Term Loan shall have the meaning provided in the recitals heretoAmendment No. 5 and Joinder Agreement.

Related to Tranche B-4 Term Loan

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

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan Commitment, and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is Twenty Million Dollars ($20,000,000.00).

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • 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.