Other Term B Loans definition

Other Term B Loans means term loans that (i) are not Other Term A Loans and (ii) have interest rates, amortization, maturity and/or other terms different from the Initial Term B Loans.
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Other Term B Loans has the meaning set forth in Section 2.20(a).
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Other Term B Loans means any (i) Other Term Loans, structured as incremental term “B” loans incurred under this Agreement to finance a Permitted Business Acquisition or permitted Material Investment, or (ii) Other Term Loans that (x) are structured for sale to institutional investors and (y) have an average annual mandatory amortization payment (calculated over the stated term of such Other Term Loans) equal to or less than 5.0% per annum, including in each case, any Permitted Refinancing Indebtedness in respect of Other Term B Loans that would constitute Other Term B Loans under this definition.
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Examples of Other Term B Loans in a sentence

  • Other than with respect to the Existing 2020 Other Term B Loans as expressly set forth herein, nothing herein contained shall be construed as a substitution or novation, or a payment and reborrowing, or a termination, of the Obligations outstanding under the Credit Agreement or instruments guaranteeing or securing the same, which shall remain in full force and effect, except as modified hereby or by instruments executed concurrently herewith.

  • Promptly following the Sixth Term Loan Amendment Effective Date, all Notes, if any, evidencing the Existing Term A Loans shall be cancelled, and the 2020 Other Term B Lender may request that its 2020 Other Term B Loans be evidenced by a Note pursuant to Section 2.11 of the Credit Agreement.

  • The proceeds of the 2018 Other Term B Loans were used to pay off in full all $1.88 billion of the existing Term B Loans incurred prior to March 2, 2018 under the Credit Agreement.The foregoing description of the Term Loan B Refinancing Amendment is not intended to be complete and is qualified in its entirety by reference to the full text of the Term Loan B Refinancing Amendment, which is incorporated herein by reference to Exhibit 10.1 to this Current Report on Form 8-K.

  • Promptly following the Eighth Term Loan Amendment Effective Date, the 2022 Other Term B Lender may request that its 2022 Other Term B Loans be evidenced by a Note pursuant to Section 2.11 of the Credit Agreement.

  • The aggregate principal amount of 2022 Term B Loans on the Eighth Term Loan Amendment Effective Date (after giving effect to the incurrence of the 2022 Other Term B Loans on such date) is $625,000,000.

  • The proceeds of the 2022 Other Term B Loans shall be used by the Borrower to refinance a portion of the existing Term B Loans that have not been converted into 2022 Term B Loans pursuant to Section 2 above and to pay related fees and expenses.

  • These interest rate spreads for the Revolver were increased by 0.25%, during covenant suspension, in connection with the 2020 Refinancing.On December 17, 2020, Sabre GLBL entered into a Sixth Term A Loan Refinancing and Incremental Amendment to our Amended and Restated Credit Agreement, resulting in additional Term Loan B borrowings of $637 million ("Other Term B Loans") due December 17, 2027.

  • Jordan - Monica, please do an announcement to your class re: CSHP committee tomorrow.

  • The aggregate principal amount of 2020 Other Term B Loans on the Sixth Term Loan Amendment Effective Date (after giving effect to the incurrence of the 2020 Incremental Term Loans on such date) is $637,000,000.

  • Prior to the expiration of the period of RT validity, the Procuring entity will notify the successful tenderer in writing that its OT has been accepted.


More Definitions of Other Term B Loans

Other Term B Loans means, collectively, (a) Incremental Term B Loans (other than Incremental Term B Loans incurred as an increase to the Initial Term B Loans) and (b) Refinancing Term B Loans.
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Other Term B Loans means any (i) Other Term Loans, structured as incremental term “B” loans incurred under this Agreement to finance the Tembec Transactions, or (ii) Other Term Loans that (x) are structured for sale to institutional investors and (y) have an average annual mandatory amortization payment (calculated over the stated term of such Other Term Loans) equal to or less than 5.0% per annum, including in each case, any Permitted Refinancing Indebtedness in respect of Other Term B Loans that would constitute Other Term B Loans under the preceding clause (ii) of this definition.
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Related to Other Term B Loans

  • Other Term Loans means one or more Classes of Term Loans that result from a Refinancing Amendment.

  • Other Term Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

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

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • New Term Loans as defined in Section 2.24.

  • 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.

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

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

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

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

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

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

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

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

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche C Term Loan as defined in Section 2.1.

  • 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.

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

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

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

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Tranche A Term Loan as defined in Section 2.1.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • 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.

  • 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.

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