Incremental Term B-1 Loan definition

Incremental Term B-1 Loan means a Loan that is made pursuant to Section 2.02(e) of this Agreement on the Effective Date.
Incremental Term B-1 Loan means the Incremental Term Loans made by any Term B-1 Lender.
Incremental Term B-1 Loan means a Term Loan that is made pursuant to Section 2.01(d) on the Amendment No. 1

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.

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  • 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.


More Definitions of Incremental Term B-1 Loan

Related to Incremental Term B-1 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).

  • 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.

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

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

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

  • 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 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 Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

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

  • 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.

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

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

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

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

  • Tranche C Term Loan as defined in Section 2.1.

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • 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.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 or 9.02(c)(i).

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.