B-3 Term Lender definition

B-3 Term Lender means, at any time, any Lender that has a B-3 Term Commitment or a B-3 Term Loan at such time.
Sample 1

Examples of B-3 Term Lender in a sentence

  • The Borrower shall pay to the Administrative Agent for the account of each Tranche B-3 Term Lender in accordance with its Pro Rata Share, (i) on the fifth anniversary of the Closing Date, a duration fee equal to 1.00% of the aggregate outstanding principal amount of Tranche B-3 Term Loans (if any) as of such date and (ii) on the sixth anniversary of the Closing Date, a duration fee equal to 1.00% of the aggregate outstanding principal amount of Tranche B-3 Term Loans (if any) as of such date.

  • The Tranche B-3 Term Commitment of each Tranche B-3 Term Lender shall automatically terminate upon the making of the Tranche B-3 Term Loans on the Effective Date.

  • The Term Commitment of each Tranche B-3 Term Lender shall terminate as provided in the Amendment Agreement.

  • Each Class B-3 Term Lender agrees that the initial Interest Period with respect to the Class B-3 Term Loans shall end on November 9, 2016.

  • The Administrative Agent has notified each Tranche B-3 Term Lender (as defined below) of its allocated Tranche B-3 Term Commitment.

  • Xxxxxx Title: President ROYAL BANK OF CANADA, as Administrative Agent and Collateral Agent By: /s/ Xxx Xxxxxx Name: Xxx Xxxxxx Title: Manager, Agency ROYAL BANK OF CANADA, as Tranche B-3 Term Lender By: /s/ Xxxxxxx X.

  • Upon receipt of such notice the Administrative Agent shall promptly notify each Tranche B-3 Term Lender thereof.

  • Pursuant to Section 2.05(a)(v)(D) of the Credit Agreement, the Borrower hereby requests that each [Tranche B-3 Term Lender] [Tranche B-4 Term Lender] [Term Lender] submit a Solicited Discounted Prepayment Offer for the [Tranche B-3 Loans] [Tranche B-4 Loans] [Term Loans].

  • Subject to the occurrence of the Incremental Effective Date, each Incremental Tranche B-3 Term Lender severally agrees to make a Tranche B-3 Term Loan in Dollars to the Borrower on the date specified in the notice of borrowing delivered pursuant to Section 5(d) hereof, in an amount equal to such Incremental Tranche B-3 Term Lender’s Tranche B-3 Term Loan Commitment.

  • Pursuant to Section 2.05(a)(v)(C) of the Credit Agreement, the Borrower hereby requests that each [Tranche B-3 Term Lender] [Tranche B-4 Term Lender] [Term Lender] submit a Discount Range Prepayment Offer for the [Tranche B-3 Loans] [Tranche B-4 Loans] [Term Loans].

Related to B-3 Term Lender

  • New Term Lender a Lender that has a New Term Loan.

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

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

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

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

  • Term Lender means, at any time, any Lender that has a Term Commitment or a Term Loan at such time.

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

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

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

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

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

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Tranche B Term Loan as defined in Section 2.1.

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Tranche C Term Loan as defined in Section 2.1.

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw 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 C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • 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).

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

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

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.