Term B-4 Loans definition

Term B-4 Loans means, collectively, the Term Loans made by the Term B-4 Lenders pursuant to Section 2.1.
Term B-4 Loans shall have the meaning assigned to such term in the Term Credit Agreement.
Term B-4 Loans has the meaning provided in Section 2.01(e).

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.


More Definitions of Term B-4 Loans

Term B-4 Loans shall have the meaning assigned to such term in Section 1.1 of the Incremental Amendment.
Term B-4 Loans is defined in Section 2.1(e) hereof and, on and after the Certain Funds Funding Date, the 2017 Incremental Term B-1 Loans (which, upon the incurrence of the 2017 Incremental Term B-1 Loans on the Certain Funds Funding Date, shall be included in, and made part of, the same Class of Term B-4 Loans as contemplated by the definition of “Class ”).
Term B-4 Loans means B-4 term loans maturing on April 24, 2020 provided for by the Secured Term Loan B Credit Agreement.
Term B-4 Loans all “Term B-4 Loans” (as defined in the Original Credit Agreement) outstanding under this Agreement immediately prior to the Amendment No. 5 Effective Date.
Term B-4 Loans has the meaning specified in this Agreement immediately prior to the Fifth Amendment Effective Date.
Term B-4 Loans means term loans maturing on April 24, 2020, in the currently outstanding principal amount of $998 million provided for by the Secured Term Loan B Credit Agreement.
Term B-4 Loans. (i) a Term B-4 Loan made pursuant to Amendment No. 4.4 and (ii) an Additional Term B-4 Loan made pursuant to Amendment No. 5. “Term Priority Collateral”: as defined in the ABL-Term Intercreditor Agreement; provided, that the Term Priority Collateral shall not include any Excluded Assets. “Title Policy”: a lender’s policy of title insurance utilizing the American Land Title Association 2006 Form extended coverage, or such other form as is reasonably acceptable to the Administrative Agent or, if applicable, a binding marked commitment to issue such policy with a final policy to be dated the date of recording of the Mortgages, issued by a title company selected by the Company Borrower and reasonably acceptable to the Administrative Agent, insuring the Lien of the applicable Mortgage in an amount at least equal to the Fair Market Value of such real property (or such lesser amount as shall be agreed to by the Administrative Agent in its reasonable discretion) in favor of the Administrative Agent for the benefit of the Secured Parties, subject only to those exceptions which are either Permitted Liens or are otherwise reasonably approved by the Administrative Agent and containing such endorsements as the Administrative Agent shall reasonably require. “Total Assets”: the total consolidated assets of the Company Borrower and its Restricted Subsidiaries, as shown on the most recent consolidated or combined, as applicable, balance sheet of the -67-