Term B-1 Lender definition
Examples of Term B-1 Lender in a sentence
The Term Commitment of each Term B-1 Lender to make Term B-1 Loans shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term B-1 Loans pursuant to Section 2.01(c).
By choosing this option, each undersigned Term B-1 Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate Term B-2 Loans to such Term B-1 Lender or to allocate Term B-2 Loans to such Term B-1 Lender in an amount less than 100% of the principal amount of such Term B-1 Lender’s Term B-1 Loans.
Notwithstanding anything to the contrary, each undersigned Term B-1 Lender hereby agrees to waive its right to compensation for any amounts owing under Sections 2.19(h) and/or 3.05 of the Existing Credit Agreement.