Term B-4 Loan definition

Term B-4 Loan means the Loan in the amount set forth in Section 2.01(a)(ii).

Term B-4 Loan means an advance made by any Term B-4 Lender of Third Amendment Effective Date Term Loans constituting Term B-4 Loans.

Term B-4 Loan means the term loans made by the Term B-4 Lenders to any Borrower pursuant to Section 2.01(a) as such loans may be increased pursuant to the terms of Section 2.14.

Examples of Term B-4 Loan in a sentence

• Subject to the terms and conditions set forth herein and in Amendment No. 3, the Term B-4 Lender agrees to make a Term B-4 Loan to the Borrower on the Third Amendment Effective Date in Dollars in a principal amount not to exceed its Term B-4 Loan Commitment.

• The Term B-4 Loan Commitment of the Term B-4 Lender shall be automatically and permanently reduced to $0 upon the funding of the Term B-4 Loans made by it on the Third Amendment Effective Date.

• Unless previously terminated, the Term B-4 Loan Commitments shall terminate at 5:00 p.m., New York City time, on the earlier of (x) the Incremental Effective Date and (y) November 13, 2009.

• Each notice delivered by the Borrower pursuant to this Section shall be irrevocable and any termination of the Term B-4 Loan Commitments shall be permanent.

• Starting with the last Business Day of December 2019, on the last Business Day of each March, June, September and December, the Parent Borrower shall repay an aggregate principal amount of Term B-4 Loans equal to 0.25% of the aggregate principal amount of all Term B-4 Loans funded or converted from Term B-3 Loans on the Amendment No. 6 Effective Date, and on the Term B-4 Loan Termination Date all Term B-4 Loans that are outstanding on the Term B-4 Loan Termination Date shall be repaid in full.

More Definitions of Term B-4 Loan

Term B-4 Loan means a 2016-2 Term B-4 Loan that is made pursuant to Section 2.1(b) on the Amendment No. 5 (2016-2) Effective Date.

Term B-4 Loan means, collectively, (i) Term B-3 Loans exchanged for a like principal amount of Term B-4 Loans pursuant to Section 2.01(e)(i) and (ii) each Additional Term B-4 Loan made pursuant to Section 2.01(e)(ii), in each case on the Amendment No. 5 Effective Date.

Term B-4 Loan means a Loan that is made pursuant to Section 2.01(e) of this Agreement on the Amendment No. 4

Term B-4 Loan means any Term B-4 Base Rate Loan or any Term B-4 Eurocurrency Rate Loan, as applicable.”

Term B-4 Loan means each 2017-1 Term B-4 Loan other than an Exchanged 2017-1 Term B-4 Loan.

Term B-4 Loan means all Term Loans outstanding under this Agreement immediately prior to the Amendment No. 6 Effective Date.

Term B-4 Loan means, collectively, (a) the Incremental Term B Loan established pursuant to the Ninth Amendment and (b) the Incremental Term B Loan established pursuant to the Eleventh Amendment. For the avoidance of doubt, upon the funding of the Incremental Term B Loan established pursuant to the Eleventh Amendment, the Incremental Term B Loan established pursuant to the Ninth Amendment and the Incremental Term B Loan established pursuant to the Eleventh Amendment shall be deemed one term B loan tranche for purposes of this Agreement and the other Loan Documents and shall collectively constitute the Term B-4 Loan.