New Term B Loans definition

New Term B Loans means the advances made by the Term B Lenders under the Term B Facility pursuant to the Second Amendment.
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New Term B Loans has the meaning set forth in Section 3(d).
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New Term B Loans means, collectively, the New Term B USD Loans, the New Term B-1 EUR Loans and the New Term B-2 EUR Loans.
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Examples of New Term B Loans in a sentence

  • Notwithstanding the foregoing, the amendment effected hereby shall not become effective and the obligations of the New Term B Lenders hereunder to make New Term B Loans will automatically terminate, if each of the conditions set forth or referred to in Sections 1.03 and 1.05 hereof has not been satisfied at or prior to 5:00 p.m., New York City time, on August 14, 2017.

  • The Existing Term B Loans (or applicable portion thereof in the case of an Exiting Term B Lender that is also a Continuing Term B Lender) of each Exiting Term B Lender shall, immediately upon the effectiveness of this Amendment, be repaid in full (together with any unpaid fees and interest accrued thereon (including funding losses payable to any Exiting Term B Lenders pursuant to Section 3.6 of the Credit Agreement)) with the proceeds of the New Term B Loans and other funds available to the Borrower.

  • The parties shall treat all of the New Term B Loans (whether issued for cash or in exchange for Existing Term B Loans) as one fungible tranche for U.S. federal income tax purposes.

  • The commitments of the New Term B Lenders are several, and no New Term B Lender shall be responsible for any other New Term B Lender’s failure to make New Term B Loans.

  • The conditions to the making of the New Term B Loans set forth in Section 1.03 hereof (other than clause (vii) thereof) shall have been satisfied.

  • The Borrower shall have delivered to any New Term B Lender that requests its New Term B Loans be evidenced by a Note, a Note payable to such New Term B Lender.

  • The New Term B Commitments shall terminate after the making of the New Term B Loans on the Sixth Amendment Effective Date.

  • The Administrative Agent shall have received a Borrowing Request in a form reasonably acceptable to the Administrative Agent requesting that the New Term B Lenders make the New Term B Loans to the Borrower on the Sixth Amendment Effective Date.

  • Each New Term B Lender, by delivering its signature page to this Amendment and funding, or converting its Existing Term B Loans into, New Term B Loans on the Sixth Amendment Effective Date shall be deemed to have acknowledged receipt of, and consented to and approved, each Loan Document and each other document required to be delivered to, or be approved by or satisfactory to, the Administrative Agent or any Class of Lenders on the Sixth Amendment Effective Date.

  • Each Loan Party hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and hereby confirms and consents to the terms and conditions of this Amendment and the transactions contemplated thereby, including the extension of New Term B Loans.


More Definitions of New Term B Loans

New Term B Loans means (i) prior to the Sixth Amendment Effective Date, New Term Loans made pursuant to the Fifth Amendment and Section 2.17 and (ii) as of and after the Sixth Amendment Effective Date, additional term loans made in the form of New Term Loans pursuant to the Sixth Amendment and Section 2.17. For all purposes under this Credit Documents, the New Term B Loans shall be of the same Class as the Refinancing Term B Loans, unless the context otherwise requires in connection with the initial funding of the New Term B Loans.
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New Term B Loans is defined in Section 2.1(a)(iv).
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New Term B Loans means term loans made in the form of Term B Loans pursuant to the Fifth Amendment and Section 2.17. For all purposes under this Credit Documents, the New Term B Term Loans shall be of the same Class as the Existing Term B Loans, and be treated in all respects as Existing Term B Loans, unless the context otherwise requires in connection with the initial funding of the New Term B Loans.
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New Term B Loans means (i) prior to the Sixth Amendment Effective Date, New Term Loans made pursuant to the Fifth Amendment and Section 2.17 and, (ii) from the Sixth Amendment Effective Date and prior to the Eighth Amendment Effective Date, New Term Loans made pursuant to the Sixth Amendment and Section 2.17 and (iii) as of and after the SixthEighth Amendment Effective Date, additional term loans made in the form of New Term Loans pursuant to the SixthEighth Amendment and Section 2.17. For all purposes under this Credit Documents, the New Term B Loans shall be of the same Class as the Refinancing Term B Loans, unless the context otherwise requires in connection with the initial funding of the New Term B Loans.
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New Term B Loans has the meaning assigned thereto in the First Refinancing Amendment.
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Related to New Term B Loans

  • New Term Loans as defined in Section 2.24.

  • Term B Loans has the meaning specified in Section 2.01(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.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

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

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • New Term Lender a Lender that has a New Term Loan.

  • Required Term B Lenders means, as of any date of determination, Term B Lenders holding more than 50% of the Term B Facility on such date; provided that the portion of the Term B Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term B Lenders.

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

  • Term A Loans has the meaning specified in Section 2.01(b).

  • 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.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Term B Lender means, at any time, any Lender that has a Term B Commitment or a Term B Loan at such time.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

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

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

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

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

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

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