Initial Term B-3 Loans definition

Initial Term B-3 Loans means the term loans made on the Second Amendment Effective Date pursuant to Section 2.01(a)(iv).
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Initial Term B-3 Loans as defined in Section 2.1(c).
Sample 1
Initial Term B-3 Loans means an Additional Initial Term B-3 Loan and the term loans that are deemed made by the Term Lenders pursuant to Section 2.01(e)(i). The Initial Term B-3 Loans shall have the same terms as the Initial Term B Loans as set forth in the Credit Agreement and Loan Documents before giving effect to the Second Amendment, except as modified by the Second Amendment; it being understood that the Initial Term B-3 Loans (and all principal, interest and other amounts in respect thereof) will constitute “Obligations” under the Credit Agreement and the other Loan Documents and shall have the same rights and obligations under the Credit Agreement and Loan Documents as the Initial Term B Loans prior to the Second Amendment Effective Date, except as modified by the Second Amendment. The aggregate principal amount of Initial Term B-3 Loans on the Second Amendment Effective Date shall be $1,915,096,875.50.
Sample 1

Examples of Initial Term B-3 Loans in a sentence

  • The Additional Term B Loans shall initially be funded as a pro rata increase in each then outstanding Borrowing of Initial Term B-3 Loans on the First Incremental Facility Closing Date.

  • The aggregate outstanding principal amount of the Initial Term B-3 Loans for all purposes of this Agreement and the other Loan Documents shall be the stated principal amount thereof outstanding from time to time.

  • However, not all differentiations based on the formation of categories by statistical methods and analyses and the use of surrogate information are discrimination in the legal sense.

  • The Initial Term B-3 Borrowing (if any) shall consist of Initial Term B-3 Loans made simultaneously by the Term Lenders in accordance with their respective Initial Term B-3 Commitments (if any).

  • Such consent fee shall be payable (i) in Dollars with respect to consents delivered in respect of Initial Term B Loans and (ii) in Euros with respect to consents delivered in respect of Initial Euro Term Loans; provided that, such fee shall be issued in the form of original issue discount on the Additional Initial Term B-3 Loans and the Additional Initial 2017 Euro Term Loans made by such Lenders on the Second Amendment Effective Date.

  • As a result of application of prepayments on or prior to the Sixth Amendment Date, the Borrower satisfied its obligations to make scheduled principal installments of the Initial Term B-3 Loans and no further scheduled principal installments are required with respect to the Initial Term B-3 Loans.

  • For U.S. Federal and applicable state and local income tax purposes, the parties shall treat (a) all of the Initial Term B-3 Loans (whether issued for cash or in exchange for Initial Term B Loans) as one fungible tranche and (b) all of the Initial 2017 Euro Term Loans (whether issued for cash or in exchange for Initial Euro Term Loans) as one fungible tranche.

  • However, if the credit risk on a financial asset has not increased significantly since initial recognition, the Company is required to measure the loss allowance at an amount equal to 12-months ECL.

Related to Initial Term B-3 Loans

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • 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.

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

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

  • 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.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

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

  • New Term Loans as defined in Section 2.24.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Tranche C Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

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

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.