Converting Refinancing Term Lender definition

Converting Refinancing Term Lender means a Refinancing Term Lender that agrees pursuant to this Agreement to convert, exchange or “cashless roll” all, or any portion, of its Refinanced Term Loan for a Refinancing Term Loan.
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Converting Refinancing Term Lender means a Tranche B Term Lender that agrees pursuant to this Agreement to convert, exchange or “cashless roll” all, or any portion, of its Existing Term Loan for a Tranche B Term Loan. A Tranche B Term Lender may be a Converting Refinancing Term Lender with respect to (i) less than all of its Tranche B Term Commitment (if its Tranche B Term Commitment is greater than its Existing Term Loan) or (ii) less than all of its Existing Term Loan (if its Existing Term Loan is greater than its Tranche B Term Commitment).
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Converting Refinancing Term Lender means a Refinancing Term Lender that agrees pursuant to Amendment No. 1 to convert, exchange or “cashless roll” all, or any portion, of its Refinanced Term Loan for a Refinancing Term Loan. A Refinancing Term Lender may be a Converting Refinancing Term Lender with respect to (i) less than all of its Refinancing Term Loan Commitment (if its Refinancing Term Loan Commitment is greater than its Refinanced Term Loan) or (ii) less than all of its Refinanced Term Loan (if its Refinanced Term Loan is greater than its Refinancing Term Loan Commitment).
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Examples of Converting Refinancing Term Lender in a sentence

  • The Borrower shall pay breakage to the extent required in accordance with the Credit Agreement as though (solely for this purpose) each Refinanced Term Loan of a Converting Refinancing Term Lender had been prepaid on the Amendment No. 1 Effective Date.

  • Substantially simultaneously with the borrowing of Tranche B Term Loans, the Borrower shall fully prepay any outstanding Existing Term Loans, together with accrued and unpaid interest thereon to the Restatement Date; provided that each Converting Refinancing Term Lender irrevocably agrees to accept, in lieu of cash for the outstanding principal amount of its Existing Term Loan so prepaid, delivery from the Borrower on the Restatement Date of an equal principal amount of Tranche B Term Loans.

  • The Borrower shall pay breakage to the extent required in accordance with the Credit Agreement as though (solely for this purpose) each Second Amendment Refinanced Term Loan of a Second Amendment Converting Refinancing Term Lender had been prepaid on the Amendment No. 2 Effective Date.

  • The Administrative Agent shall have received (x) executed signature pages hereto from (i) the Administrative Agent, (ii) each Third Amendment Additional Refinancing Lender and (iii) each of the Loan Parties and (y) executed Consents from each Third Amendment Converting Refinancing Term Lender.

  • The Administrative Agent shall have received (x) executed signature pages hereto from (i) the Administrative Agent, (ii) each Fourth Amendment Additional Refinancing Lender and (iii) each of the Loan Parties and (y) executed Consents from each Fourth Amendment Converting Refinancing Term Lender.

  • The Administrative Agent shall have received (x) executed signature pages hereto from (i) the Administrative Agent, (ii) each Sixth Amendment Additional Refinancing Lender and (iii) each of the Loan Parties and (y) executed Consents from each Sixth Amendment Converting Refinancing Term Lender.

  • The Administrative Agent shall have received (x) executed signature pages hereto from (i) the Administrative Agent, (ii) each Second Amendment Additional Refinancing Lender and (iii) each of the Loan Parties and (y) executed Consents from each Second Amendment Converting Refinancing Term Lender.

  • The Borrower shall pay breakage to the extent required in accordance with the Existing Credit Agreement as though (solely for this purpose) each Existing Term Loan of a Converting Refinancing Term Lender had been prepaid on the Restatement Date.

  • The Administrative Agent shall have received (x) executed signature pages hereto from (i) the Administrative Agent, (ii) each Seventh Amendment Additional Refinancing Lender, (iii) each Existing Revolving Lender and (iv) each of the Loan Parties and (y) executed Consents from (i) each Seventh Amendment Converting Refinancing Term Lender and (ii) each Existing Revolving Lender.

Related to Converting Refinancing Term Lender

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

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Refinancing Term Loans shall have the meaning assigned to such term in Section 2.21(j).

  • Specified Refinancing Term Loans means Specified Refinancing Debt constituting term loans.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

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

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

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

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

  • Incremental Term Loan Note means a promissory note made by the Company in favor of an Incremental Term Lender, evidencing Incremental Term Loans made by such Incremental Term Lender, substantially in the form of Exhibit B-4.

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

  • Refinancing Lender means, at any time, any bank, other financial institution or institutional investor that agrees to provide any portion of any Credit Agreement Refinancing Indebtedness pursuant to a Refinancing Amendment in accordance with Section 2.28; provided that each Refinancing Lender (other than any Person that is a Lender, an Affiliate of a Lender or an Approved Fund of a Lender at such time) shall be subject to the approval of the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) (such approval not to be unreasonably withheld or delayed), in each case to the extent any such consent would be required from the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) under Section 10.4(b) for an assignment of Loans or Commitments to such Refinancing Lender.

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

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

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

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

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

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Refinancing Loan shall have the meaning provided in Section 2.14(h)(i).

  • Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 1.01(c) and as otherwise permitted by Section 1.14.

  • Tranche B Term Loan as defined in Section 2.1.

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