Term B-6 Loan definition

Term B-6 Loan means the term loans made by the Term B-6 Lenders to any Borrower pursuant to Section 2.01(a) as such loans may be increased pursuant to the terms of Section 2.14.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Term B-6 Loan means any Exchange Term B-6 Commitment or Additional Term B-6 Commitment.

Term B-6 Loan has the meaning set forth in Section 2.01(j).

Examples of Term B-6 Loan in a sentence

The Term B-6 Loan may consist of Base Rate Loans or Term SOFR Loans or a combination thereof, as further provided herein.
Subject to the terms and conditions set forth herein and in the Seventeenth Amendment, each Term B-6 Lender severally agrees to make its portion of a term loan (the “Seventeenth Amendment Term B-6 Loan”) to the Company in Dollars on the Seventeenth Amendment Effective Date in an amount not to exceed such Term B-6 Lender’s Term B-6 Loan Commitment with respect to the Seventeenth Amendment Term B-6 Loan.
Each such notice shall specify the date and amount of such prepayment, the Type(s) and currencies of Loans to be prepaid (and, if Term SOFR Loans or Alternative Currency Term Rate Loans are to be prepaid, the Interest Period(s) of such Loans) and whether the Loans to be prepaid are Revolving A Loans, Revolving B Loans, Revolving C Loans, the Term A Loan, the Term B-6 Loan, and/or any other Incremental Term Loan.
The aggregate Term B-6 Loan Commitments with respect to the Eighteenth Amendment Term B-6 Loan shall be automatically and permanently reduced to zero on the Eighteenth Amendment Effective Date upon the borrowing of the Term B-6 Loan.
Subject to the terms and conditions set forth herein and in the Eighteenth Amendment, each Term B-6 Lender severally agrees to make its portion of a term loan (the “Eighteenth Amendment Term B-6 Loan”) to the Company in Dollars on the Eighteenth Amendment Effective Date in an amount not to exceed such Term B-6 Lender’s Term B-6 Loan Commitment with respect to the Eighteenth Amendment Term B-6 Loan.

More Definitions of Term B-6 Loan

Term B-6 Loan means each Term B-6 Loan made pursuant to Section 2.01(g) on the Amendment No. 7 Effective Date.

Term B-6 Loan means each Loan made by the Additional Term B-6 Facility Lenders under the Term B-6 Facility on the Closing Date, and, collectively, the “Term B-6 Loans”.

Term B-6 Loan means a Term Loan made pursuant to clause (a)(i) of Section 2.01.

Term B-6 Loan means, collectively, (a) the Seventeenth Amendment Term B-6 Loan and (b) the Eighteenth Amendment Term B-6 Loan. For the avoidance of doubt, upon the funding of the Seventeenth Amendment Term B-6 Loan and the Eighteenth Amendment Term B-6 Loan shall be deemed one fungible term B loan tranche for purposes of this Agreement and the other Loan Documents and shall collectively constitute the Term B-6 Loan.

Term B-6 Loan means Replacement Term B-6 Loans made pursuant to Section 2.01(a)(iii)(E) and Amendment No. 8 on the Amendment No. 8

Term B-6 Loan means an advance made by any Term B-6 Lender of Eighth Amendment Effective Date Term Loans constituting Term B-6 Loans.

Term B-6 Loan means all Term Loans outstanding under this Agreement immediately prior to the Amendment No. 11 Effective Date.