Examples of Term B-4 Loans in a sentence
On the Escrow Release Date, the proceeds from the Term B-3 Loans and Term B-4 Loans will be used to finance a portion of the Transactions (it being understood that the proceeds of the initial Term B-3 Loans and Term B-4 Loans were deposited into the Escrow Account on the Restatement Effective Date and will be released from the Escrow Account on the Escrow Release Date).
Upon the Escrow Release Date, such existing Term B-2 Loans, Term B-3 Loans and Term B-4 Loans shall be deemed to have been made under this Agreement.
Additional 2016-2 Term B-4 Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
The Borrowers shall prepay the Non-Exchanged 2016-1 Term B-4 Loans with a like amount of the gross proceeds of the Additional 2016-2 Term B-4 Loans, concurrently with the receipt thereof.
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.