Original Term B Loans definition

Original Term B Loans has the meaning assigned thereto in the First Refinancing Amendment.

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Original Term B Loans has the meaning specified in Section 2.01(a)(ii).

Original Term B Loans means the “Term B Loans” as defined in the Third Restated Credit Agreement.

Examples of Original Term B Loans in a sentence

From and after the Additional Term B Dollar Borrowing Date, the Original Term B Dollar Loans and the Additional Term B Dollar Loans shall be referred to individually as a “Term B Dollar Loan” and collectively, as the “Term B Dollar Loans” and all references to Term B Dollar Loans herein shall be deemed references to either or both, as the context may require, of the Original Term B Loans or the Additional Term B Dollar Loans.
The proceeds of the Term B Loans shall be used to repay the Original Term B Loans.
Each party hereto acknowledges and agrees that notwithstanding any such Term B Conversion, each such Continuing Term B Lender shall be entitled to receive payment on the First Amendment Effective Date of the unpaid fees and interest accrued to such date with respect to all of its Original Term B Loans.
Each party hereto acknowledges and agrees that notwithstanding any such Conversion, each such Continuing Term B-1 Lender shall be entitled to receive payment on the First Refinancing Amendment Effective Date of the unpaid fees and interest accrued to such date, and any amounts payable pursuant to Section 2.05(a)(iii) and Section 3.05 of the Credit Agreement, with respect to all of its Original Term B Loans.
The Original Term B Loans of each Exiting Term B Lender shall, immediately upon the effectiveness of this First Refinancing Amendment, be repaid in full (together with any unpaid fees and interest accrued thereon (including any amounts payable pursuant to Sections 2.05(a)(iii) or 3.05 of the Credit Agreement)) with the proceeds of the Term B-1 Loans and other funds available to the Borrower.

More Definitions of Original Term B Loans

Original Term B Loans means the Term B Loans extended by the Original Term B Lenders to the Company pursuant to the Original Credit Agreement.

Original Term B Loans is defined in clause (a) of the fifth recital.

Original Term B Loans and, together with the Original Term A Loans, the “Original Term Loans”);

Original Term B Loans has the meaning set forth in Amendment No. 4.

Original Term B Loans and, together with the Original Term A Loans, the “Original Term Loans”), including any prepayment premiums and accrued interest thereon, and (v) pay fees and expenses incurred in connection with the foregoing.

Original Term B Loans means the Term B Loans extended by the Original Term B Lenders to the Company pursuant to the Original Credit Agreement. “Other Taxes” means any and all present or future stamp or documentary taxes or any other excise or property taxes, charges or similar levies arising from any payment made hereunder or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement. “Overadvance” means a Canadian Overadvance or a Domestic Overadvance, as the context indicates; and “Overadvances” means Canadian Overadvances and Domestic Overadvances, collectively. “Participant” has the meaning assigned to such term in Section 9.04. “Paying Guarantor” has the meaning assigned to such term in Section 10.11. “PBGC” means the Pension Benefit Guaranty Corporation referred to and defined in ERISA and any successor entity performing similar functions. “Permitted Discretion” means a determination made in good faith and in the exercise of reasonable (from the perspective of a secured asset-based lender) credit judgment. “Permitted Encumbrances” means: (a) Liens imposed by law for taxes, fees, assessments, or other governmental charges or levies on the property of a Loan Party if such (i) amounts are not at the time delinquent or (ii) do not secure obligations in excess of $250,000, are being contested in compliance with Section 5.04 and a stay of enforcement of such Lien is in effect; (b) carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s and other like Liens imposed by law, arising in the ordinary course of business and securing obligations that are not overdue by more than 10 days or are being contested in compliance with Section 5.04; (c) Liens arising out of pledges and deposits made in the ordinary course of business in compliance with workers’ compensation, unemployment insurance, old age pensions and other social security or retirement benefits laws or regulations;

Original Term B Loans has the meaning specified in Section 2.01(a)(ii). (ii) by deleting the definitions of “Term B Commitment”, “Term B Facility” and “Term B Loan” in their entirety and replacing them, respectively, with the following: