B Term Loans definition

B Term Loans is defined in Section 2.1(b) hereof.

B Term Loans means and include Initial B Term Loans and Incremental B Term Loans.

B Term Loans means the 2020 Initial Term Loans and the 2020 Buyback Term Loans.

Examples of B Term Loans in a sentence

• By choosing this option, each undersigned Existing Tranche B Term Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate Tranche C Term Loans to such Existing Tranche B Term Lender or to allocate less than 100% of the principal amount of such Existing Tranche B Term Lender’s Tranche B Term Loans in Tranche C Term Loans.

• The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Tranche B Term Lender repaid on the Fifth Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount.

• The undersigned Existing Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Original Initial Term Loans held by such Existing Term Lender repaid on the Fourth Amendment Effective Date and to purchase by assignment Tranche B Term Loans in a like principal amount.

• By choosing this option, each undersigned Existing Term Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate Tranche B Term Loans to such Existing Term Lender or to allocate less than 100% of the principal amount of such Existing Term Lender’s Original Initial Term Loans in Tranche B Term Loans.

• The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount.

More Definitions of B Term Loans

B Term Loans means the "Term Loans" as defined in the Term Loan B Agreement.

B Term Loans to "Tranche C Term Loans".

B Term Loans means the term loans made by the Lenders to the Borrower pursuant to Sections 2.01(a) or 2.23.

B Term Loans appearing in Section 10 of the Credit Agreement is hereby deleted in its entirety and the following new definition of "B Term Loans" is inserted in lieu thereof:

B Term Loans is inserted in lieu thereof:

B Term Loans means each Loan maintained and/or incurred pursuant to Section 1.01(b) and (d).

B Term Loans. $405,000,000 [ ] a. Base Rate Loan(s)-$_______________ [X] b. Eurodollar Rate Loans with an initial Interest Period of 12 month(s) - $ 325,000,000 [X] c. Eurodollar Rate Loans with an initial Interest Period of _ months - $80,000,000