Term B Lender definition
Examples of Term B Lender in a sentence
For purposes of Section 2.04(i) of the Credit Agreement, the Existing Term B Loans of each Converting Term B Lender shall be deemed to have been prepaid on the 2025 Refinancing Facility Effective Date.
Subject to the terms set forth herein and in the First Amendment2025 Refinancing Facility Agreement and the conditions set forth in Section 75 of the First Amendment2025 Refinancing Facility Agreement, each Term B Lender severally agrees to make or continue a single loan to the Company in Dollars on the First Amendment2025 Refinancing Facility Effective Date in an amount not to exceed such Term B Lender’s Term B Commitment.
Each Converting Term B Lender hereby waives any requirement by the Company to pay any amounts due and owing to it pursuant to Section 2.18 of the Credit Agreement as a result of the transactions described in paragraphs (a), (c) and (d) of this Section 2.
The commitments and the undertakings of each Term B Lender are several.