Additional Term B-1 Loans definition

Additional Term B-1 Loans has the meaning set forth in Section 2.01(a)(v)(C).
Sample 1
Additional Term B-1 Loans means the Incremental Term Loans made pursuant to the Additional Term B-1 Loan Commitments.
Sample 1
Additional Term B-1 Loans means the Incremental Term Loans made pursuant to the Additional Term B-1 Loan Commitments.
Sample 1

Examples of Additional Term B-1 Loans in a sentence

  • The Borrower shall prepay the Non-Exchanged Term B Loans with a like amount of the gross proceeds of the Additional Term B-1 Loans, concurrently with the receipt thereof.

  • The Term B-1 Commitment of each Additional Term B-1 Lender shall be automatically terminated on the Amendment No. 1 Effective Date upon the borrowing of the Additional Term B-1 Loans on such date.

  • Notwithstanding the foregoing, the amendments effected hereby shall not become effective, and the obligations of the Additional Term B-1 Lenders hereunder to make Additional Term B-1 Loans will automatically terminate, if each of the conditions set forth or referred to in this Article II has not been satisfied at or prior to 5:00 p.m., New York City time, on March 21, 2011.

  • The Borrower shall prepay the Non-Exchanged Amendment No. 1 Term Loans with a like amount of the gross proceeds of the Additional Term B-1 Loans, concurrently with the receipt thereof.

  • The proceeds of the Additional Term B-1 Loans will be used on the Amendment No. 1 Effective Date to prepay the Non-Converted Term B Loans.

  • The Borrowers shall prepay the Non-Exchanged Term B Loans with a like amount of the gross proceeds of the Additional Term B-1 Loans, concurrently with the receipt thereof.

  • The Additional Term B-1 Commitment shall be automatically and permanently reduced to zero upon the making of the Additional Term B-1 Lender’s Additional Term B-1 Loans pursuant to Section 2.01(b).

  • The Borrower shall have paid to the Administrative Agent, for the ratable account of the Lenders of the Non-Exchanged Term B Loans, (i) an aggregate principal amount equal to the Term Facility Reduction Amount with cash on hand of the Borrower plus (ii) the proceeds of the Additional Term B-1 Loans.

  • The Additional Term B-1 Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Additional Term B-1 Loans pursuant to Section 2.01.

  • Additional Term B-1 Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Related to Additional Term B-1 Loans

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

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