Term B-3 Loans definition

Term B-3 Loans means, collectively, the Term Loans made by the Term B-3 Lenders pursuant to Section 2.1.

Term B-3 Loans is defined in Section 2.1(b) hereof.

Term B-3 Loans means the term loans made pursuant to, and as defined in, the First Amendment (including Converted Term B Loans).

Examples of Term B-3 Loans in a sentence

• Holdings shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to Holdings, and a credit rating from S&P and Xxxxx’x with respect to the Term B-3 Loans incurred pursuant to this Agreement, in all cases, but not a specific rating.

• The parties hereto agree to treat the 2024 Additional Term Loans to be issued pursuant to this Amendment as fungible for U.S. federal income tax purposes with the Term B-3 Loans outstanding under the Credit Agreement immediately prior to the effectiveness of this Amendment.

• For the avoidance of doubt, Term B-2 Loans may be converted into Term B-3 Loans as contemplated by the Amendment and Restatement Agreement.

• The Borrower will not directly (or knowingly indirectly) use the proceeds of the Term B-3 Loans, Revolving Loans or Letters of Credit in any manner that would constitute a material violation of any such applicable statutes, regulations, orders or restrictions referred to in the immediately preceding sentence.

More Definitions of Term B-3 Loans

Term B-3 Loans means the Replacement Term B-3 Loans and the Incremental Term B-3 Loans; provided that, for the avoidance of doubt, the Replacement Term B-3 Loans and the Incremental Term B-3 Loans shall be treated as a single Class of Term B-3 Loans under this Agreement and the other Loan Documents.

Term B-3 Loans means the “Term B-3 Loans” under the Credit Agreement as in effect prior to giving effect to Amendment No. 6.

Term B-3 Loans has the meaning assigned to such term in the Term Loan Agreement.

Term B-3 Loans means the B-3 term loans maturing on May 25, 2018 provided for by the Secured Term Loan B Credit Agreement.

Term B-3 Loans all “Term B-3 Loans” (as defined in the Original Credit Agreement) outstanding under this Agreement immediately prior to the Amendment No. 4 Effective Date.

Term B-3 Loans means (a) the term loans made by the Additional Term B-3 Lender to the Borrower on the Amendment and Restatement Effective Date pursuant to Section 2.01(a) and, (b) the term loans into which Term B-2 Loans of a Converting Term B-3 Loan Consenting Lender are converted pursuant to Section 2.01(a) and the Amendment and Restatement

Term B-3 Loans has the meaning specified in the Term B-3 Incremental Amendment.