Incremental Term B Facility definition

Incremental Term B Facility means the commitments (if any) of Additional Term Lenders to make Incremental Term B Loans in accordance with Section 2.14(a) and the Incremental Term B Loans in respect thereof.

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Incremental Term B Facility means an Incremental Term Facility other than an Incremental Term A Facility.

Incremental Term B Facility is defined in Section 2.19(a)(C).

Examples of Incremental Term B Facility in a sentence

The Third Incremental Term B Facility and all interest, fees and other amounts pertaining thereto constitute Obligations and are secured ratably by all of the Collateral.
Subject to the next paragraph, identical to the prepayment provisions in respect of (i) the Incremental Term A Facility or the Backstop Term A Facility, as the case may be, the existing Tranche A Term Loans as set forth in the Existing Credit Agreement and (ii) the Incremental Term B Facility or the Backstop Term B Facility, as the case may be, the existing Tranche B Term Loans as set forth in the Credit Agreement.
Optional prepayments of the Incremental Term B Facility or the Backstop Term B Facility, as the case may be, from the proceeds of a Repricing Transaction shall be subject to a “Soft-Call Premium”.
The Borrower and the Administrative Agent hereby agree that from and after the Effective Date, each 2017 Incremental Term B Facility Lender shall be deemed to be, and shall become, a “Lender”, a “Term Lender” and a “Term B Lender” for all purposes of, and with all the rights and remedies of a “Lender”, a “Term Lender” and a “Term B Lender” under, the Credit Agreement and the other Loan Documents.
The Third Incremental Term B Facility Closing Fee constitutes Obligations and is in addition to any other fees payable by Borrower under the First Lien Credit Agreement or any other Loan Document.

More Definitions of Incremental Term B Facility

Incremental Term B Facility and the loans thereunder, the “Incremental Term B Loans”) shall be no shorter than the maturity date and remaining weighted average life to maturity of the then-existing (or committed) Term B Loans (including any previously made Incremental Term B Loans), in each case calculated as of the date of making such Incremental Term Loan;

Incremental Term B Facility has the meaning specified in Section 2.16(a). “Incremental Term B Facility Lenders” has the meaning specified in Section 2.16(h). “Incremental Term Facility” has the meaning specified in Section 2.16(a). “Incremental Term Loans” has the meaning specified in Section 2.16(a).

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

Incremental Term B Facility has the meaning set forth in Section 2.02(g)(ii).

Incremental Term B Facility means an Incremental Term Facility other than an Incremental Term A Facility. “Incremental Term Facility” has the meaning assigned to such term in Section 2.17(a). “Incremental Term Increase” has the meaning assigned to such term in Section 2.17(a). “Incremental Term Loan Commitment” means any term loan commitment under an Incremental Term Facility. “Incremental Term Loans” means any term loans made under an Incremental Term Facility. “Indebtedness” means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP: (a) all obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) all direct or contingent obligations of such Person arising under letters of credit, bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (c) net obligations of such Person under any Swap Contract; (d) all obligations of such Person to pay the deferred purchase price of property or services (other than (i) trade accounts payable in the ordinary course of business and, in each case, maturing within 365 days after the incurrence thereof which are not overdue for a period of more than 180 days and, if overdue for more than 180 days, as to which a dispute exists and adequate reserves in accordance with GAAP have been established on the books of such Person and (ii) deferred compensation payable to directors, officers or employees); provided, that in no event shall Specified Earnout Obligations be considered Indebtedness; (e) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by such Person (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by such Person (but limited, in the event that such Indebtedness has not been assumed by such Person, to the lesser of (i) the amount of such Indebtedness and (ii) the fair market value of such property securing such Indebtedness); (f) capital leases, Synthetic Lease Obligations and Securitization Transactions, and liabilities in respect of Permitted Factoring Transactions; (g) all obligations of such Person in respect of Disqualified Stock; and (h) all Guarantees of such Person in respect of any of the foregoing; provided that the term “Indebtedness” shall not inc...

Incremental Term B Facility means any Incremental Term Facility consisting of Incremental Term B Loans. “Incremental Term B Loans” means any Incremental Term Loan that constitutes a Customary Term B Loan. “Incremental Term Facility” has the meaning assigned to such term in S ection 2.22(a).