Existing Term B Loans definition

Existing Term B Loans means the “Existing Term B Loans” as defined in the Second Restatement Agreement.
Existing Term B Loans means all “Term B Loans” (as defined in the Original Credit Agreement outstanding immediately prior to the Restatement Effective Date).
Existing Term B Loans means the Term B Loans outstanding under the Existing First Lien Credit Agreement immediately prior to the November 2017 Effective Date.

Examples of Existing Term B Loans in a sentence

  • By: GSO / Blackstone Debt Funds Management LLC as Collateral Manager by /s/ Xxx Xxxxx Name: Xxx Xxxxx Title: Authorized Signatory For any institution requiring a second signature line: by Name: Title: [ ] Check here if the Lender does not elect a “cashless roll” of its Existing Term B Loans.

  • The Existing Term B Loans (or applicable portion thereof in the case of an Exiting Term B Lender that is also a Continuing Term B Lender) of each Exiting Term B Lender shall, immediately upon the effectiveness of this Amendment, be repaid in full (together with any unpaid fees and interest accrued thereon (including funding losses payable to any Exiting Term B Lenders pursuant to Section 3.6 of the Credit Agreement)) with the proceeds of the New Term B Loans and other funds available to the Borrower.

  • Without limiting the generality of the foregoing, each Continuing Term B Lender shall have a commitment to acquire by Term B Conversion Converted Term B Loans in the amount of Existing Term B Loans then held by such Continuing Term B Lender (or such lesser amount equal to its New Term B Commitment).

  • The parties shall treat all of the New Term B Loans (whether issued for cash or in exchange for Existing Term B Loans) as one fungible tranche for U.S. federal income tax purposes.

  • The Borrower shall, on the Sixth Amendment Effective Date, pay to the Administrative Agent, for the accounts of the Persons that are Term B Lenders immediately prior to the Sixth Amendment Effective Date, all interest, fees and other amounts accrued to the Sixth Amendment Effective Date with respect to the Existing Term B Loans, whether or not such Existing Term B Loans are converted pursuant to Section 1.02(b) of this Amendment.


More Definitions of Existing Term B Loans

Existing Term B Loans means the Term B Loans under, and as defined in, the Existing Credit Agreement.
Existing Term B Loans means the “Term B-3 Loans” outstanding under, and as defined in, the Existing Credit Agreement immediately prior to the Closing Date.
Existing Term B Loans is defined in clause (b) of the first recital.
Existing Term B Loans the Borrower has requested an amendment to the Credit Agreement that would decrease the Applicable Rate with respect to Term B Loans (such Term B Loans as amended hereby on the Tenth Amendment Effective Date, the “Amended Term B Loans”);
Existing Term B Loans is defined in the recitals to this Agreement.
Existing Term B Loans has the meaning specified in Section 2.15(c)(iii).
Existing Term B Loans means the Term B Loans as defined in the September 1998 Credit Agreement.