Incremental B Term Loan definition

Incremental B Term Loan shall have the meaning provided in Section 1.01(f).
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Incremental B Term Loan means an advance made by any Incremental B Term Lender under the Incremental B Term Facility.
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Incremental B Term Loan any loan under the Incremental Facility that has a customary "B loan" structure, namely, the amortization on such loan is nominal until the year prior to the final maturity thereof and the interest rate margin applicable to which is fixed (other than limited reductions therein based upon the satisfaction of performance-based financial ratio tests).
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Examples of Incremental B Term Loan in a sentence

  • In addition, the Borrower and the Lenders hereby agree that this Consent shall serve as the Incremental Term Loan Commitment Agreement for purposes of the Additional Incremental B Term Loans to be made pursuant to this Consent and that the Incremental B Term Loan Borrowing Date relating thereto shall be the Consent Effective Date.

  • Each Incremental B Term Loan Lender, the Administrative Agent and the Borrower agree that, with respect to the Incremental B Term Loan Commitment provided by each such Incremental B Term Loan Lender pursuant to this Consent, such Incremental B Term Loan Lender shall receive an upfront fee equal to that amount set forth opposite its name on Annex A hereto, which upfront fee shall be due and payable to such Incremental B Term Loan Lender on the Consent Effective Date.

  • If you are absent, you are responsible for obtaining lecture notes from fellow students and to gain information regarding announcements or changes to the schedule that you may have missed.

  • The Company promises to pay interest on the unpaid principal amount of each Incremental B Term Loan from the date of such Incremental B Term Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Agreement.

  • Investment securities mainly consist of equity securities and investment trusts.

  • All Borrowings of Loans under this Agreement ------------------- shall be incurred from the Lenders pro rata on the basis of their A Term Loan --- ---- Commitments, Initial B Term Loan Commitments, Incremental B Term Loan Commitments or Revolving Loan Commitments, as the case may be.

  • Draw A ------------------- Term Loans, Initial B Term Loans, Incremental Multiple Draw A Term Loans, Incremental B Term Loans and Revolving Loans under this Agreement shall be incurred from the Lenders pro rata on the basis of their Initial Multiple Draw A --- ---- Term Loan Commitments, Initial B Term Loan Commitments, Incremental Multiple Draw A Term Loan Commitments, Incremental B Term Loan Commitments or Revolving Loan Commitments, as the case may be.

  • Each Incremental Term Loan Lender and the Borrower acknowledge and agree that the Incremental Term Loan Commitments provided pursuant to this Agreement shall constitute either Incremental A Term Loan Commitments or Incremental B Term Loan Commitments (as specified in Annex I attached hereto) under, and as defined in, the Credit Agreement.

Related to Incremental B Term Loan

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

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

  • Tranche B Term Loan as defined in Section 2.1.

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

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

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

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

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

  • 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 Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • 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.

  • Tranche C Term Loan as defined in Section 2.1.

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

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

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

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

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

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Tranche A Term Loan as defined in Section 2.1.

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

  • 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).

  • 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.

  • 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.