Additional Term B-1 Joinder Agreement means the joinder agreement, dated the Closing Date, by and among the Borrower, the Administrative Agent and the Additional Term B-1 Lenders.
The Dollar Term B-1 Commitment of each Dollar Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Dollar Term B-1 Lenders Term Loans pursuant to Section 2.01(b)(i).
On the Closing Date, each Term B-1 Lender made to the Borrower a single loan denominated in Dollars in a Dollar Amount equal to such Term B-1 Lenders Term B-1 Commitment pursuant to Section 2.01(a) of the Original Credit Agreement as in effect on the Closing Date.
The Euro Term B-1 Commitment of each Euro Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Euro Term B-1 Lenders Term Loans pursuant to Section 2.01(b)(ii).
The Administrative Agent shall notify the Borrower of each Revolving Lender's, Term A Lender's, Term B-1 Lender's or Term B-2 Lender's, as applicable, determination under this Section no later than the date 15 days prior to the Existing Revolving Maturity Date, the Existing Term A Maturity Date, the Existing Term B-1 Maturity Date or the Existing Term B-2 Maturity Date, as applicable (or, if such date is not a Business Day, on the next preceding Business Day).