Original Term Loan B definition

Original Term Loan B has the meaning assigned to it in Section 1.1(b)(ii).
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Original Term Loan B means the term loan made on the Closing Date as provided in Section 2.01(c)(i).
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Original Term Loan B means, collectively, the loans made by -------------------- certain of the Term Loan B Lenders to the Borrowers on the Facility Effective Date under this Agreement as originally executed on January 16, 2004 pursuant to Section 2.01(a)(iii)." --------------------
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Examples of Original Term Loan B in a sentence

  • The “Term Loan A” under, and as defined in, the Prior Credit Agreement outstanding on the Closing Date shall be deemed to be a portion of the Original Term Loan B hereunder.

  • If the Borrowers make a voluntary prepayment of the Original Term Loan B within one (1) year of the Closing Date in connection with any Repricing Transaction, then the Borrowers shallwill pay to the Administrative Agent, for the ratable benefit of the TermOriginal Term Loan B Lenders, a prepayment premium in an amount equal to one percent (1.00%) of the principal amount so prepaid.

  • The OID shall bewas allocated among the Loans made by the Original Term Loan B Lenders according to their respective Pro Rata Shares.

  • On the Amendment No. 1 Effective Date, the outstanding principal balance of the Original Term Loan B is $550,000,000.

  • The execution and delivery of this Agreement shall not constitute a novation or, except with respect to the repayment of the Original Term Loan B, repayment of the indebtedness outstanding under the Original Loan Agreement.

  • The amount of the OID will bewas the difference between the Requested Original Term Loan B Amount and the Net Funded Amount.

  • For all purposes other than funding, the aggregate outstanding principal amount of the Original Term Loan B immediately after giving effect to the Borrowing on the Closing Date, and the amount of the Original Term Loan B repayable hereunder, shall be the Requested Original Term Loan B Amount.

  • The proceeds of Term Loan B shall be used solely for the purposes of paying in full on the Closing Date all principal, interest and fees owing in connection with the Original Term Loan B, paying fees and expenses incurred in connection with this Agreement and repaying Revolving Credit Loans.

  • On the Amendment No. 1 Effective Date, the Borrowers shall prepay in full all of the Original Term Loan B not comprised of Converted Term Loan B, together with accrued interest thereon and the prepayment premium payable under Section 2.05(d) in respect thereof.

  • Borrowers represent and warrant that the proceeds of Term Loan B advanced on the Closing Date were used solely for the purposes of paying in full on the Closing Date all principal, interest and fees owing in connection with the Original Term Loan B, paying fees and expenses incurred in connection with this Agreement and repaying Revolving Credit Loans.


More Definitions of Original Term Loan B

Original Term Loan B means the "Term Loan B" made pursuant to and as defined in the Original Credit Agreement.
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