Examples of Incremental Term B-1 Loan in a sentence
CME Term SOFR at 1.00% Floor + 8.00%), 13.45%, 02/28/27(c)(f) 1,795 215,400 SCIH Salt Holdings, Inc., Incremental Term B-1 Loan (First Lien), (3-mo.
On the December 2018 Effective Date, each of the December 2018 Incremental Term B-1 Lenders agrees to make December 2018 Incremental Term B-1 Loans to the Borrower in a principal amount not to exceed such December 2018 Incremental Term B-1 Lender’s December 2018 Incremental Term B-1 Loan Commitment, with such December 2018 Incremental Term B-1 Loans having terms identical to the Existing Term B-1 Loans.
Any explanation desired by a prospective proposer regarding the meaning or interpretation of the solicitation documents must be requested in writing and with sufficient time allowed (a minimum of ten (10) calendar days before the date set to receive proposals) for a response to reach prospective proposers before the submission of their proposals.
Receipt of an Incremental Joinder Agreement executed by one or more Incremental Term B-1 Lenders such that the aggregate principal amount of the Incremental Term B-1 Loan shall be $50,000,000, it being agreed that the Incremental Term B-1 Loans will be funded with a premium of $250,000 premium payable by the Incremental Term B-1 Lenders for the benefit of the Borrower.
Unless previously terminated, the December 2018 Incremental Term B-1 Loan Commitments shall terminate at 11:59 p.m., New York City time, on the December 2018 Effective Date.
For 2017 , includes fees incurred in connection with the Special Dividend and fees incurred in connection with amendments and restatements to our First Lien Credit Facilities and the 2017 Incremental Term B-1 Loan.
Section 2.06(b) is hereby amended by adding the following at the end thereof: The Incremental Term B-1 Commitment of each Incremental Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Incremental Term B-1 Loan pursuant to Section 2.01(c)(v).
He is the Managing Director of Universal Foods Limited and is a Director of Associated Brands Investment Limited, as well as a number of family owned businesses.
In this step we set the context for the kinds of concepts and skills that we are going to debrief.
Each Person party hereto acknowledges and agrees that, effective as of the Restatement Effective Date, the Incremental Term A-1 Loan Commitments and the Incremental Term B-1 Loan Commitments will be as set forth on Schedule I hereto.