Initial Term B Borrowing definition

Initial Term B Borrowing means any Borrowing comprised of Initial Term B Loans.
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 ▇ ▇ ▇▇▇▇▇” m ▇▇▇▇ ▇ ▇ ▇▇▇▇▇ w ith a n I nitial T erm ▇ ▇ oan C ommitment o r a n outstanding Initial Term B Loan. “Initial T erm ▇ ▇ oan C ommitment” m eans, w ith r espect t o e ach I nitial T erm ▇ ▇ ▇▇▇▇▇, t he commitment of such Initial Term B Lender to make Initial Term B Loans hereunder. The amount of each Initial T erm ▇ ▇ ▇▇▇▇▇’▇ I nitial T erm ▇ ▇ oan C ommitment a s o f t he E ffective D ate i s s et f ▇▇▇▇ 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 ▇ ▇ oans” m eans t he t erm l oans m ade b y t he I nitial T erm ▇ ▇ ▇▇▇▇▇▇ 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...
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 ▇ ▇ ▇▇▇▇▇” m ▇▇▇▇ ▇ ▇ ▇▇▇▇▇ w ith a n I nitial T erm ▇ ▇ oan C ommitment o r a n outstanding Initial Term B Loan. “Initial T erm ▇ ▇ oan C ommitment” m eans, w ith r espect t o e ach I nitial T erm ▇ ▇ ▇▇▇▇▇, t he commitment of such Initial Term B Lender to make Initial Term B Loans hereunder. The amount of each Initial T erm ▇ ▇ ▇▇▇▇▇’▇ I nitial T erm ▇ ▇ oan C ommitment a s o f t he E ffective D ate i s s et f ▇▇▇▇ 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 ▇ ▇ oans” m eans t he t erm l oans m ade b y t he I nitial T erm ▇ ▇ ▇▇▇▇▇▇ 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...

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.

Related to Initial Term B Borrowing

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

  • 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 Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Lenders pursuant to Section 2.01(a).