Definition of Series F-1 Tranche B Term Loans


Series F-1 Tranche B Term Loans means a Series F-1 Tranche B Term Loan made pursuant to Section 1 of the Series F Tranche B Term Loan Joinder Agreement.
Sample 1

Examples of Series F-1 Tranche B Term Loans in a sentence

Scheduled installments of principal of the Series F-1 Tranche B Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Series F-1 Tranche B Term Loans in accordance with Sections 2.12, 2.13, 2.14 and 2.15 of the Credit Agreement respectively.
Borrower agrees to pay on the date hereof to Administrative Agent, for the account of each Series F-1 New Term Loan Lender party to this Agreement with a Series F-1 Tranche B Term Loan Commitment, as fee compensation for the funding of such Series F-1 New Term Loan Lenders Series F-1 Tranche B Term Loans, a closing fee in an amount equal to 0.50% of the aggregate principal amount of such Series F-1 New Term Loan Lenders Series F-1 Tranche B Term Loans funded as of the date hereof.
Except as set forth below in this Section 2, the terms and provisions of the New Term Loans in respect of the Series F-2 Tranche B Term Loan Commitments made pursuant to this Agreement (the Series F-2 Tranche B Term Loans and each a Series F-2 Tranche B Term Loan and together with the Series F-1 Tranche B Term Loans, the Series F Tranche B Term Loans) shall be identical to, and constitute, Series F-1 Tranche B Term Loans for all purposes under the Credit Agreement.
In accordance with Section 2.25 of the Credit Agreement, Borrower has previously delivered to Administrative Agent an executed Funding Notice for Series F-1 Tranche B Term Loans, requesting a proposed borrowing (the Initial Proposed Borrowing) in the principal amount of $2,350,000,000 on the date hereof (the Series F-1 Tranche B Term Loan Funding Date).
The Applicable Margin for each New Term Loan in respect of the Series F-1 Tranche B Term Loan Commitments made pursuant to this Agreement (each a Series F-1 Tranche B Term Loan) shall mean initially, as of any date of determination, (A) with respect to Series F-1 Tranche B Term Loans that are Eurodollar Rate Loans, 3.25% per annum, and (B) with respect to Series F-1 Tranche B Term Loans that are Base Rate Loans, 2.25% per annum.