Term B-34 Loans definition

Term B-34 Loans has the meaning provided in Section 2.01(e).
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Term B-34 Loans means term loans made the Term B-34 Lenders pursuant to Section 2.01(a). Each Term B-34 Loan shall be a Eurodollar Loan or an ABR Loan.
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Term B-34 Loans a Term B-34 Loan made pursuant to Amendment No. 3.4.
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Examples of Term B-34 Loans in a sentence

  • The proceeds of the Term B-34 Loans shall be used for the repayment of Term B-23 Loans that are not Converted Term B-23 Loans.

  • Not later than 1:00 P.M., New York City time, on the Amendment No. 34 Effective Date, each Term B-34 Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term B-34 Loans to be made by such Term B-34 Lender.

  • With respect to the Term B-34 Loans made hereunder, each of the Canadian Borrower and the U.S. Borrower hereby acknowledges that such Loans are made for the benefit of each of the Canadian Borrower and the U.S. Borrower and, in consideration thereof, agrees to be jointly and severally liable with each other for such Loans and the Obligations related thereto.

  • The Company Borrower shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 121:00 noonp.m., New York City time, one Business Day prior to the Amendment No. 34 Effective Date) requesting that the Term B-34 Lenders make the Term B-34 Loans on the Amendment No. 34 Effective Date and specifying (x) the amount to be borrowed and (y) instructions for remittance of the Loans to be borrowed.

  • Prepayments of the Delayed Draw Term A-2 Loans or Term B-34 Loans pursuant to Section 2.06(a) shall be applied to either tranche of Term Loans as directed by the Parent Borrower (and, within such tranche, shall be applied to the payments required under Section 2.05(c) (in the case of the Delayed Draw Term A-2 Loans) and Section 2.05(d) (in the case of Term B-34 Loans) as directed by the Parent Borrower).

  • The Term B-34 Loans may consist of Base Rate Loans, Eurodollar Rate Loans or a combination thereof, as the Parent Borrower may request.

  • Use commercially reasonable efforts to maintain (i) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Mxxxx’x, in each case in respect of the Borrower, and (ii) a public rating (but not any specific rating) in respect of the Term B-34 Loans from each of S&P and Mxxxx’x.

  • The Term B-34 Loan Commitment of the Term B-34 Lender shall be automatically and permanently reduced to $0 upon the funding of the Term B-34 Loans made by it on the SecondThird Amendment Effective Date.

  • The proceeds of the Additional Term B-34 Loans will be used on the Amendment No. 45 Effective Date to finance a portion of the Amendment Transactions.

Related to Term B-34 Loans

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Term B Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term B Commitments at such time and (b) thereafter, the aggregate principal amount of the Term B Loans of all Term B Lenders outstanding at such time.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Term Loan as defined in Section 2.1.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Term B Loan Maturity Date means December 7, 2023.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Revolving Credit Loans as defined in Section 2.1.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.