Initial Term B Facility definition

Initial Term B Facility means the Initial Term B Loan Commitments and the Initial Term B Loans made hereunder.
Initial Term B Facility means the credit facility for the Initial Term B Loans described in Section 2.1(b) hereof.
Initial Term B Facility as defined in the definition of “Facility.”

Examples of Initial Term B Facility in a sentence

  • The Successor Administrative Agent has notified each Converting Lender and each Initial Term B Facility Lender of its allocated Initial Scheduled Term B Loan Commitment, and each of the Fronting Term B Lender and the Converting Lenders has provided its consent to the terms set forth in this agreement to each of the Original Administrative Agent and the Successor Administrative Agent.

  • Use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Moody’s, in each case, with respect to the Borrower, and a credit rating from S&P and Moody’s with respect to the Initial Term B Facility, but not, in any such case, a specific rating.

  • Supervisors should consider a number of factors when determining whether or not an employee can work remotely.

  • For the avoidance of doubt, this Section 9.20 applies to the Interim Term Facility only and does not apply to the Initial Term B Facility or any other Facilities under this Agreement.

  • We seek Help and Guidance from Allah, the Creator, the Sustainer, the Provider and we put complete trust in Him.


More Definitions of Initial Term B Facility

Initial Term B Facility means the credit facility for the Initial Term B Loans described in Section 2.1(bd) hereof.
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 fifth anniversary of the Effective Date.
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” shall mean March 19, 2021.
Initial Term B Facility has the meaning given to it in Clause 2.1.2 of the Issuer/Borrower Facility Agreement;
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 April 4, 2024 ; provided that if any Existing Convertible Notes are outstanding on August 16, 2022 and the maturity date thereof had not otherwise been extended to a date that is no earlier than 91 days after the date first set forth above in this definition, the Initial Term B Facility Maturity Date shall instead be August 16, 2022 unless the Borrower and the Guarantors shall have cash, Permitted Investments and/or undrawn Revolving Credit Commitments (or other commitments on terms reasonably satisfactory to the Administrative Agent from financial institutions reasonably satisfactory to the Administrative Agent) in an aggregate amount not less than the aggregate principal amount of then outstanding Existing Convertible Noteson the Effective Date.
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 Indebtedness by the issuer thereof. “Intercreditor Agreement” means a Permitted First Lie...
Initial Term B Facility means the Initial Term B Loans.