Initial Term B Borrowing definition

Initial Term B Borrowing means any Borrowing comprised of Initial Term B Loans.
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Initial Term B Borrowing means a Borrowing comprised of Initial Term B Loans.
Sample 1Sample 2Sample 3
Initial Term B Borrowing means a borrowing consisting of simultaneous Initial Term B Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term B Lenders pursuant to Section 2.01(a), in each case, on the Closing Date.
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Examples of Initial Term B Borrowing in a sentence

  • The Initial Term B Borrowing shall consist of Initial Term B Loans made simultaneously by the Term B Lenders in accordance with their respective Term Commitments.

  • The Initial Term B Borrowing shall consist of Initial Term B Loans made simultaneously by the Term B Lenders in accordance with their respective Term Commitmentsthe terms and conditions of the Eleventh Amendment.


More Definitions of Initial Term B Borrowing

Initial Term B Borrowing means a Borrowing in respect of Initial Term B Loans.
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Initial Term B Borrowing means any Borrowing comprised of Initial Term B Loans. “Initial Term B Facility” means the Initial Term B Loan Commitments and the Initial Term B Loans made hereunder. “Initial Term B Facility Maturity Date” means the seventh anniversary of the Effective Date. “Initial T erm X X xxxxx” m xxxx x X xxxxx w ith a n I nitial T erm X X oan C ommitment o r a n outstanding Initial Term B Loan. “Initial T erm X X oan C ommitment” m eans, w ith r espect t o e ach I nitial T erm X X xxxxx, t he commitment of such Initial Term B Lender to make Initial Term B Loans hereunder. The amount of each Initial T erm X X xxxxx’x I nitial T erm X X oan C ommitment a s o f t he E ffective D ate i s s et f xxxx o n Schedule 1.01B. The aggregate amount of the Initial Term B Loan Commitments as of the Effective Date is $425,000,000. “Initial T erm X X oans” m eans t he t erm l oans m ade b y t he I nitial T erm X X xxxxxx t o t he Borrower on the Effective Date pursuant to Section 2.01(b)(i). “Intellectual Property” means the following: (a) copyrights, mask works (including integrated circuit designs) and rights in works of authorship, registrations and applications for registration thereof, (b) trademarks, service marks, trade names, slogans, domain names, logos, trade dress and registrations and applications of registrations thereof, (c) patents, as well as any reissued and reexamined patents and extensions corresponding to the patents and any patent applications, as well as any related continuation, continuation i n p art a nd d ivisional a pplications a nd p atents i ssuing t herefrom, a nd a ll i nventions, discoveries a nd d esigns c laimed o r d escribed t herein, ( d) t rade s ecrets, a nd o ther c onfidential information, including ideas, designs, concepts, compilations of information, databases and rights in data, methods, techniques, procedures, processes and other know-how, whether or not patentable and (e) all other intellectual property or industrial property. “Intercompany I ndebtedness” m eans a ny I ndebtedness o f t he B orrower o r a ny R estricted Subsidiary owed to and held by the Borrower or any Restricted Subsidiary; provided that the occurrence of any event which results in any such Restricted Subsidiary ceasing to be a Restricted Subsidiary or any subsequent transfer of such Indebtedness (other than to the Borrower or another Restricted Subsidiary) shall be deemed, in each case, to constitute a new incurrence of Indebtedness other than Intercompany Indebted...
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Related to Initial Term B Borrowing

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

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

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

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

  • Term Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders pursuant to Section 2.01(a).

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

  • 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.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

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

  • 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.

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

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

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • 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.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

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

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

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Tranche C Term Loan as defined in Section 2.1.

  • Initial Revolving Borrowing means one or more borrowings of Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date as specified in the definition of the term “Permitted Initial Revolving Borrowing.”

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.

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

  • Tranche B Term Loan as defined in Section 2.1.

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Lenders pursuant to Section 2.01(b).