Term B Termination Date definition

Term B Termination Date means, as of any date, the latest to occur of (a) the U.S. Term B Termination Date and (b) the Euro Term B Termination Date.
Term B Termination Date is defined in Section 2.7(c) hereof.
Term B Termination Date means the date on which (a) the Term Loan B has been repaid in full, (b) all other monetary Obligations (other than Excluded Obligations) arising under the Term Loan B pursuant to the Agreement and the other Loan Documents have been completely discharged, and (c) the Term B Commitment shall have expired or irrevocably been terminated under the Agreement.

Examples of Term B Termination Date in a sentence

  • Unless previously terminated in accordance with the terms of this Agreement, (a) the Initial Revolving Credit Commitments shall terminate on the Initial Revolving Maturity Date, (b) the other Revolving Credit Commitments shall terminate on the applicable Revolving Facility Maturity Date, and (c) the Initial Term B Loan Commitments shall terminate on the Initial Term B Termination Date.

  • All fees referred to in Section 2.09(d) shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day) and shall be payable quarterly in arrears on March 31, June 30, September 30 and December 31 of each year during the Initial Term B Availability Period, commencing on December 31, 2021, and on the Initial Term B Termination Date.

  • So long as no Default or Event of Default exists or would arise therefrom, at any time and from time to time prior to the Term B Termination Date, subject to the terms and conditions set forth herein, the Borrower may, by notice to the Administrative Agent (whereupon the Administrative Agent shall promptly deliver a copy to each of the Lenders), request to add one or more additional tranches of term loans (the “Additional Term Loans”).

  • No Interest Period for any Revolving Loan, Term A Loan or Term B Loan may end after the Revolver Termination Date, Facility Termination Date or Term B Termination Date, respectively.

  • For purposes of clause (a) of the preceding sentence, an increase in the principal amount of, an increase in the interest rate beyond a commercially reasonable rate on, or date scheduled earlier than the Term B Termination Date for the payment, purchase or defeasement of principal of or interest on Subordinated Indebtedness or the Subordinated Notes shall be deemed to have such an adverse effect.


More Definitions of Term B Termination Date

Term B Termination Date means the earlier of (a) November 26, 2004 and (b) the date of termination in whole of the Term B Commitments pursuant to Section 2.05 or 6.01.
Term B Termination Date means, as of any date, the latest to occur of (a) the U.S. Term B Termination Date and (b) the Euro Term B TerminationDate.
Term B Termination Date means, as of any date, the U.S. Term B-3 Termination Date. “Term Commitment Increase” is defined in Section 2.14(a) hereof.
Term B Termination Date means March 31, 2006. -----------------------
Term B Termination Date means February 29, 2004.
Term B Termination Date. November 16, 2013.
Term B Termination Date means February 28, 2001.