Term B-i Loan definition
Term B-i Loan means, collectively: (i) each Exchanged Term B Loan and (ii) from and afier the making thereof pursuant to Section 2.01 (b)(ii), each Additional Term B-I Loan. “Term B-2 Commitment” means, with respect to a Person, the agreement of such Person to make a Term 8-2 Loan on the Amendment No. 2 Effective Date, in the amount set forth on the Amend ment No. 2 Joinder of such Person. The aggregate amount of the Term B-2 Commitments shall equal S720.000.000 “Term B-2 Lender” means a Person with a Term B-2 Commitment to make Term B-2 Loans to the Borrower on the Amendment No. 2 Effective Date, which for the avoidance of doubt may be an exist- in Term Lender and an other Person holdin a Term B-2 Loan from time to time. “Term B-2 Loan” means a Loan that is made pursuant to Section 2.0l(c)(i) of the Credit Agree ment on the Amendment No. 2
Examples of Term B-i Loan in a sentence
The Borrower further agrees to pay to the Administrative Agent for the account of each Term B 1 Lender a commitment fee, which shall accrue at a rate per annum equal to 0.5% on the daily average unused amount of the respective Term Bi Loan Commitment of such Lender during the period from and including the Effective Date to but excluding the last day of the Term Loan Availability Period.