Converted Initial Term Loan definition

Converted Initial Term Loan means, with respect to any Amendment No. 1 Consenting Lender that has consented to its Initial Term Loan being converted to a Term B Loan, the entire outstanding Initial Term Loan held by such Amendment No. 1 Consenting Lender (or such lesser amount notified to such Amendment No. 1 Consenting Lender by the Administrative Agent) immediately prior to the effectiveness of Amendment No. 1 on the Amendment No. 1 Effective Date.
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Converted Initial Term Loan means each Initial Term Loan held by a Consenting Lender on the Amendment No. 3 Effective Date that has consented to its Initial Term Loans being converted to 2023 Term Loans (or, if less, the amount notified to such Consenting Lender by the Administrative Agent).
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Converted Initial Term Loan means the full amount of each Initial Term Loan held by an Amendment No. 1 Consenting Term Lender that has consented to its Initial Term Loans being converted to Term B-1 Loans (or, if less than the full amount, the amount notified to such Lender by the Administrative Agent prior to the Amendment No. 1 Effective Date) immediately prior to the effectiveness of Amendment No. 1.
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Examples of Converted Initial Term Loan in a sentence

  • On the Amendment No. 1 Effective Date, each Converted Initial Term Loan of each Amendment No. 1 Consenting Lender shall be converted into a loan with the same Type and Class as the Additional Term B Loan effective as of the Amendment No. 1 Effective Date in a principal amount equal to the principal amount of such Lender’s Converted Initial Term Loan immediately prior to such conversion.

  • The Initialthe amount of its Additional Tranche B Term Loan Commitment and (ii) each Converted Initial Term Loan of each Cashless Election Lender shall be converted into a Tranche B Term Loan of such Lender effective as of the Second Amendment Effective Date in a principal amount equal to the principal amount of such Lender’s Converted Initial Term Loan immediately prior to such conversion.


More Definitions of Converted Initial Term Loan

Converted Initial Term Loan means the full amount of each Initial Term Loan held by each Amendment No. 1 Consenting Lender immediately prior to the effectiveness of Amendment No. 1 that has indicated on its signature page to Amendment No. 1 that it wishes to convert its Initial Term Loan to a Term B Loan (or, if less than the full amount, the amount notified to such Lender by the Administrative Agent prior to the Amendment No. 1 Effective Date). “Converted Restricted Subsidiary” has the meaning specified in the definition of “EBITDA.” “Converted Term B Loan” means the full amount of each Term B Loan held by each Amendment No. 2 Consenting Lender immediately prior to the effectiveness of Amendment No. 2 that has indicated on its signature page to Amendment No. 2 that it wishes to convert its Term B Loan to a Term B-1 Loan (or, if less than the full amount, the amount notified to such Lender by the Administrative Agent prior to the Amendment No. 2 Effective Date). “Converted Unrestricted Subsidiary” has the meaning specified in the definition of “EBITDA.” “Credit Agreement Refinancing Indebtedness” means any Other Loans or other Indebtedness designated in writing to the Administrative Agent by a Responsible Officer of the Borrower as Credit Agreement Refinancing Indebtedness on or prior to the date of incurrence, in each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of existing Indebtedness) in exchange for, or to extend, renew, replace or refinance, in whole or part, existing Loans (“Refinanced Term Debt”); provided that such exchanging, extending, renewing, replacing or refinancing Indebtedness (i) is in an original aggregate principal amount not greater than the aggregate principal amount of the Refinanced Term Debt except by an amount equal (a) to unpaid accrued interest and premium (including tender premium) thereon, plus (b) upfront fees and OID and commissions and underwriter discounts on such exchanging, extending, renewing, replacing or refinancing Indebtedness, plus (c) other costs, fees and expenses Exhibit 10.1
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Converted Initial Term Loan means each Initial Term Loan held by a Cashless Option Lender (or, if less, the amount notified to such Lender by MS) immediately prior to the Second Amendment Effective Date. “Corresponding Tenor” with respect to a Benchmark Replacement means a tenor (including overnight) having approximately the same length (disregarding business day adjustment) as the applicable tenor for the applicable Interest Period with respect to the Benchmark. “Covered Party” has the meaning specified in Section 10.26. “Credit Extension” means each of the following: (a) a Borrowing and (b) an L/C Credit Extension. “Cure Amount” has the meaning specified in Section 8.03(a).
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Related to Converted Initial Term Loan

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • 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).

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

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

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

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

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

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

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

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

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

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

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

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

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • 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.

  • Replacement Term Loans has the meaning specified in Section 10.01.

  • 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.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche C Term Loan as defined in Section 2.1.

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

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing Incremental Term Loans made by such Lender, substantially in the form of Exhibit B-2.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.