Term B Funding Date definition

Term B Funding Date means the date on which the Term B Lenders make the Term B Loans.][“Term B]-1 Lender” means a Sterling Term B-1 Lender or a Dollar Term B-1 Lender, as applicable.
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Term B Funding Date means the date on which the Term B Loan is funded by the Lenders pursuant to the terms of the Loan and Security Agreement;
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Term B Funding Date means the date on which the Term B Facility is funded pursuant to Section 2.14(e)(iii)(C), which in any event shall not be later than 90 days following the Closing Date.
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Examples of Term B Funding Date in a sentence

  • The Company shall issue a Certificate in respect of the Additional Term A Warrants, the Additional Term B Warrants or the Additional Term C Warrants (as applicable) within 5 Business Days of the Term A Funding Date, the Term B Funding Date or the Term C Funding Date, as applicable.

  • If the provisions of Clause 2.2 (a) are satisfied on the relevant Funding Date, the Term A Warrants, the Term B Warrants, or the Term C Warrants (as applicable) shall be issued to the [●] Lender on the Term A Funding Date, the Term B Funding Date or the Term C Funding Date, respectively.

  • If the provisions of Clause 2.2(b) are satisfied on the relevant Funding Date, the Additional Term A Warrants, the Additional Term B Warrants or the Additional Term C Warrants (as applicable) shall be issued on the Term A Funding Date, the Term B Funding Date or the Term C Funding Date, respectively (as applicable).

  • After the making of the New Term B Loans on the New Term B Funding Date, the commitments of the Lenders to make New Term B Loans shall be deemed to be zero.

  • Subject to the terms and conditions herein and therein, the Term B Loans will be funded on the Term B Funding Date pursuant to an Incremental Amendment in accordance with the provisions set forth in Section 2.14.

Related to Term B Funding Date

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

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

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

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

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Tranche B Term Loan Maturity Date means June 30, 2022.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Tranche C Term Loan as defined in Section 2.1.

  • Term Loan as defined in Section 2.1.

  • Refunding Date as defined in Section 2.7.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • 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 A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

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

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Closing Date Term Loan Commitment means the commitment of each Lender to make Term Loans on the Closing Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Closing Date Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $1,150,000,000.

  • Tranche B Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • 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 Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.