Term B Lender definition
Examples of Term B Lender in a sentence
The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans).
Each Term B Lender consenting to the Amendment by selecting this Option B hereby agrees that this Signature Page shall also constitute a Signature Page to the Master Assignment and Assumption and hereby authorizes and directs the Administrative Agent to execute and deliver all documentation as may be required to effectuate such assignment on its behalf.
TERM B/TERM B-2 LENDER CONSENT AND CASH-OUT OPTION: ☐ The above Lender is a Term B Lender or Term B-2 Lender and, in such capacity, will not convert its Term B Loans or Term B-2 Loans, as the case may be, into Term B-3 Loans and shall have the principal amount of its Term B Loans or Term B-2 Loans, as the case may be, repaid on the Amendment No. 3 Effective Date.
TERM B/TERM B-2 LENDER CONSENT AND CASH-OUT OPTION: ☑ The above Lender is a Term B Lender or Term B-2 Lender and, in such capacity, will not convert its Term B Loans or Term B-2 Loans, as the case may be, into Term B-3 Loans and shall have the principal amount of its Term B Loans or Term B-2 Loans, as the case may be, repaid on the Amendment No. 3 Effective Date.
Each Term B Lender’s Term Loan Commitment for Class B Term Loans shall terminate immediately and without further action on the Closing Date after giving effect to the funding by such Term B Lender of the Class B Term Loans to be made by it on such date.