Refinancing Arranger definition
Examples of Refinancing Arranger in a sentence
Commitments in respect of Refinancing Term Loans and Refinancing Revolving Credit Commitments shall become additional Commitments pursuant to an amendment (a “Refinancing Amendment”) to this Agreement and, as appropriate, the other Loan Documents, executed by the Borrower, each Refinancing Lender providing such Commitments, and the Refinancing Arranger.
The undersigned acknowledges that if the Refinancing Arranger allocates to such Lender less than 100% of the principal amount of the Tranche B-2 Term Loans held by it, the balance will be repaid upon the Second Amendment Effective Date.
The Refinancing Arranger and the Administrative Agent shall have received a solvency certificate from the chief financial officer (or other officer with reasonably equivalent duties) of the Borrower substantially consistent with that delivered on the Amendment No. 3 Effective Date (with respect to the transactions contemplated by this Amendment No. 4) and dated the Amendment No. 4 Effective Date.
The undersigned acknowledges that if the Refinancing Arranger allocate to such Lender less than 100% of the principal amount of the Tranche B Term Loans held by it, the balance will be repaid upon the First Amendment Effective Date.
The undersigned Tranche B Term Loan Lender hereby irrevocably and unconditionally approves of and consents to the First Amendment and consents to the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Tranche B Term Loan Lender (or such lesser amount allocated to such Lender by the Refinancing Arranger) for a Tranche B-2 Term Loan in a like principal amount.
The “Additional 2023 Term Commitment” of any Additional Term Lender will be the amount allocated to such Lender by the 2023 Refinancing Arranger.
As of the Amendment No. 1 Effective Date, subject to the terms hereof, each Additional Refinancing Term Lender agrees to make Additional Refinancing Term Loans equal to the amount notified to such Additional Refinancing Term Lender by the Refinancing Arranger (but in no event greater than the amount such Person committed to make as Additional Refinancing Term Loans as set forth on Schedule I hereto).
The undersigned Lender hereby irrevocably and unconditionally approves the Amendment and consents as follows (check ONE option): Cashless Settlement Option to exchange 100% of the outstanding principal amount of the Existing Term Loans held by such Lender for 2017 Replacement Term Loans in an equal principal amount (or such lesser amount allocated to such Lender by the 2017 Refinancing Arranger in consultation with the Borrower).
As of the Amendment No. 4 Effective Date, subject to the terms hereof, each Additional Refinancing Term Lender agrees to make Additional Refinancing Term Loans equal to the amount notified to such Additional Refinancing Term Lender by the Refinancing Arranger (but in no event greater than the amount such Person committed to make as Additional Refinancing Term Loans as set forth on Schedule 1 hereto).
As of the Amendment No. 2 Effective Date, subject to the terms hereof and, for the avoidance of doubt, after giving effect to the amendments set forth in Section 3(b), each Additional Refinancing Term Lender agrees to make 2016 Refinancing Term Loans equal to the amount notified to such Additional Refinancing Term Lender by the Refinancing Arranger (but in no event greater than the amount such Person committed to make as 2016 Refinancing Term Loans pursuant to its signature page hereto).