Additional Term B Loan definition

Additional Term B Loan shall have the meaning set forth in Section 2.1(a).

Additional Term B Loan means a Loan that is made in respect of an Additional Term B Commitment pursuant to Section 2.01(c)(ii) on the Amendment No. 2 Effective Date.

Additional Term B Loan means a Term Loan that is made pursuant to Section 2.01(c)(ii).

Examples of Additional Term B Loan in a sentence

• In addition to any other mandatory commitment reductions pursuant to this Section 4.02, the Additional Term B Loan Commitment shall terminate in its entirety on the Amendment No. 1 Effective Date after the funding of all Term B Loans to be funded pursuant thereto on such date.

• The terms and provisions of the Additional Term B Loan are, in all material respects, substantially consistent with the terms and provisions of the other term loans currently outstanding under the Amended Credit Agreement.

• Each Borrowing of Additional Term B Loans or New Term Loans under this Agreement shall be made by the Lenders pro rata on the basis of their then-applicable Additional Term B Loan Commitments or New Term Loan Commitments (of the applicable Series).

• Each Additional Term B Lender hereby agrees to make an Additional Term B Loan to the Borrower in an amount equal to its Additional Term B Commitment set forth on its signature page hereto on the Amendment No. 2 Effective Date in accordance with Section 2.01(c) of the Credit Agreement.

• The parties hereto intend to treat all of the Term B Loans (including the Term B Loans funded pursuant to the Additional Term B Loan Commitment and the Term B Loans converted from Initial Term Loans) as fungible for U.S. federal income tax purposes.

More Definitions of Additional Term B Loan

Additional Term B Loan is defined in clause (b) of Section 2.1.1.

Additional Term B Loan means a loan made by the Lenders to Borrower pursuant to Section 2.01(a)(ii). Each Additional Term B Loan shall either be an ABR Term Loan or a Eurodollar Term B Loan."

Additional Term B Loan is defined in CLAUSE (II)(B) of SECTION 2.1.1. "ADDITIONAL TERM-B LOAN COMMITMENT" defined in CLAUSE (II)(B) of SECTION 2.1.1.

Additional Term B Loan is defined in Section 2.1(a)(ii).

Additional Term B Loan. “EBITA”, “Funded Debt”, “Other Permitted Acquisition”, “Permitted Acquisition”, “Permitted Equity Offering”, “Subsequent Effective Date”, “Total EBITDA Ratio”, “Total Funded Debt”.

Additional Term B Loan has the meaning assigned thereto in the First Incremental Facility Amendment.

Additional Term B Loan to Borrower in the amount set forth for such New Term Lender on Schedule A annexed hereto, on the terms and subject to the conditions set forth below: Each New Term Lender (i) confirms that it has received a copy of the Credit Agreement and the other Loan Documents, together with copies of the financial statements referred to therein and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement; (ii) agrees that it will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement; (iii) appoints and authorizes Administrative Agent and Collateral Agent to take such action as agent on its behalf and to exercise such powers under the Credit Agreement and the other Loan Documents as are delegated to Administrative Agent and Collateral Agent by the terms thereof, together with such powers as are reasonably incidental thereto; and (iv) agrees that it will perform in accordance with their terms all of the obligations which by the terms of the Credit Agreement are required to be performed by it as a New Term Lender. Each New Term Lender hereby agrees to make its New Term Commitment on the following terms and conditions: