Tranche B-4 Term Loans definition

Tranche B-4 Term Loans means, collectively, (a) the term loans funded on the Amendment No. 8 Effective Date and (b) to the extent funded, any Delayed Draw Term Loans.
Tranche B-4 Term Loans means the “Tranche B-4 Term Loans” as defined in Amendment No. 4.
Tranche B-4 Term Loans means, collectively, the term loans made pursuant to the Third Amendment and Restatement Agreement, the Tranche B-3 Term Loans that were redesignated as and became Tranche B-4 Term Loans pursuant to Loan Modification Agreement No. 1, and the Additional Tranche B-4 Term Loans made pursuant to (and as defined in) Loan Modification Agreement No. 1.”

Examples of Tranche B-4 Term Loans in a sentence

  • Each Borrowing of Tranche B-2 Term Loans and Tranche B-4 Term Loans under this Agreement shall be made by the Lenders pro rata on the basis of their then-applicable Tranche B-2 Term Loan Commitments and Tranche B-4 Term Loan Commitment, as applicable.

  • Any proceeds of the Tranche B-4 Term Loans shall be applied on the Fifth Amendment Effective Date to prepay Existing Tranche B-3 Term Loans of Non-Consenting Existing Tranche B-3 Lenders and Post-Closing Option Tranche B-4 Lenders in full.

  • The proceeds of the Tranche B-4 Term Loans shall be used by the Borrower on the Third Amendment Effective Date to refinance the Existing Senior Notes Due 2021, pay certain outstanding Revolving Credit Loans under this Agreement and to pay certain fees and expenses in connection with the foregoing.

  • This Agreement represents a request by the Borrower to borrow Tranche B-4 Term Loans from the Tranche B-4 Lenders as set forth on the applicable Notice of Borrowing to be delivered by the Borrower under the Credit Agreement.

  • Other than as set forth herein, for all purposes under the Credit Agreement and the other Loan Documents, the Tranche B-4 Term Loans shall have the same terms as the initial Term Loans made on the Closing Date and shall be treated for purposes of voluntary and mandatory prepayments (including for scheduled principal payments) and all other terms as Term Loans made on the Closing Date.

  • The Borrowers shall repay to the Administrative Agent, for the benefit of the applicable Lenders, on the Tranche B-4 Term Loan Maturity Date, the then outstanding Tranche B-4 Term Loans.

  • Notwithstanding the foregoing, (x) such Tranche B-4 Term Loan quarterly payments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche B-4 Term Loans in accordance with Section 2.9 or 2.10, as applicable; and (y) the Tranche B-4 Term Loans, together with all other amounts owed hereunder with respect thereto, shall in any event be paid in full no later than the Tranche B-4 Term Loan Maturity Date.

  • Each Borrowing of Tranche B-4 Term Loans under this Agreement shall be made by the Lenders pro rata on the basis of their then-applicable Tranche B-4 Term Loan Commitments.

  • The parties acknowledge that each of the Initial Term Loans, Tranche B-1 Term Loans, Tranche B-2 Term Loans, Tranche B-3 Term Loans, Tranche B-4 Term Loans, Tranche B-5 Term Loans and Tranche B-6 Term Loans may be referred to as “Tranche B-6 Loans” solely for administrative and operational purposes of the Administrative Agent, and that such references shall not affect the rights or obligations of the Borrower under the Credit Agreement and the Term Notes.

  • The Borrower hereby further agrees to pay interest on the unpaid principal amount of the Loans (other than the Tranche B-4 Term Loans) from time to time outstanding from the Closing Date until payment in full thereof at the rates per annum, and on the date, set forth in Section 2.13.


More Definitions of Tranche B-4 Term Loans

Tranche B-4 Term Loans a Tranche B-4 Term Loan borrowed by the Borrower on the Refinancing Effective Date. The aggregate amount of Tranche B-4 Term Loans as of the Refinancing Effective Date is $717,000,000.
Tranche B-4 Term Loans means the term loans made and/or converted and deemed made on the First Amendment Effective Date pursuant to Section 2.01(a)(i).
Tranche B-4 Term Loans means the term loans made pursuant to the Third Amendment and Restatement Agreement, the terms of which are set forth in this Agreement and in the Third Amendment and Restatement Agreement.
Tranche B-4 Term Loans has the meaning set forth in the DIP Order.
Tranche B-4 Term Loans means, collectively, the term loans made pursuant to the Third Amendment and Restatement Agreement, the Tranche B-3 Term Loans that were redesignated as and became Tranche B-4 Term Loans pursuant to Loan Modification Agreement No. 1, and the Additional Tranche B-4 Term Loans made pursuant to (and as defined in) Loan Modification Agreement No. 1.”(k) Section 2.05(a)(i) of the Credit Agreement is hereby amended by (i) deleting the words “Tranche B-3 Term Loans,” in the first parenthetical of the first sentence thereof.(l) Section 2.05(a)(iv) of the Credit Agreement is hereby amended by (i) replacing the words “first anniversary of the Third Restatement Effective Datein clause (y) thereof with the words “six month anniversary of the Loan Modification Effective Date”, (ii) deleting clause (x) thereof in its entirety and (iii) redesignating clauses (y) and (z) thereof as clauses (x) and (y) thereof, respectively.(m) Section 2.07(a) of the Credit Agreement is hereby amended by (i) replacing the words “June 2013” in sub-clause (B) of clause (i) thereof with the words “March 2014”, (ii) replacing the words “Third Restatement Effective Date” in sub-clause (B) of clause (i) thereof with the words “Loan Modification Effective Date”, (iii) deleting sub-clause (A) of clause (i) thereof in its entirety and (iv) redesignating sub-clauses (B) and (C) of clause

Related to Tranche B-4 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.

  • 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 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 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 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 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 A Term Loan as defined in Section 2.1.

  • 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.

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

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • 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.

  • 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.

  • New Term Loans as defined in Section 2.24.

  • 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.

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

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

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

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

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

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • 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.

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