Term Loan B Agreement means a loan facility agreement by the Corporate Guarantor as borrower in June 2013 in respect of a secured term loan facility of up to $250,000,000;
Term Loan B Agreement means that Term Loan B Agreement dated as of the date hereof among the Borrowers, the lenders party thereto, and the Administrative Agent, as administrative agent.
Term Loan B Agreement means that certain senior secured term loan agreement entered into after the date hereof as a replacement and refinancing of a portion of indebtedness previously available under this Agreement, to be executed among the Borrower, Bank of America, N.A., as Administrative Agent and the lenders as defined therein, as such agreement may be amended, restated or otherwise modified from time to time.
Examples of Term Loan B Agreement in a sentence
The ABL Credit Facility will mature on May 6, 2024, subject to a springing maturity date 91 days earlier if certain amounts remain outstanding at that time under the Term Loan B Agreement (defined below).
Interest on the Term Loan B Agreement accrues at the Eurodollar rate plus an applicable margin equal to 4.25% (with one 0.25% step down based on achievement of a specific secured net leverage level starting with the fiscal quarter ending December 31, 2019).
Adient purchased interest rate caps during fiscal 2019 to selectively limit the impact of USD LIBOR increases on its interest payments related to Adient's Term Loan B Agreement.
The Term Loan B Agreement amortizes in equal quarterly installments at a rate of 1.00% per annum of the original principal amount thereof, with the remaining balance due at final maturity on May 6, 2024.
The Company is also party to that certain Loan Agreement, dated as of January 21, 2015 (as amended, restated, amended and restated, modified, or supplemented from time to time, the “ Term Loan B Agreement”), with the Linda Inhee Chang 2012 Trust as lender thereunder.Under the Term Loan B Agreement, the Linda Inhee Chang 2012 Trust provided the Company with a $5 million loan, the balance of which is due at its maturity.
More Definitions of Term Loan B Agreement
Term Loan B Agreement means a loan agreement with respect to the Term Loan B, by and among the Borrowers, the Term Loan B Agent and the Term Loan B Lenders.
Term Loan B Agreement means that certain Credit Agreement, dated as of the date hereof, among the Lead Borrower, Borrower Holdco, the Term Loan B Agent and the lenders party thereto.
Term Loan B Agreement means that certain Term Loan Credit Agreement, dated as of June 17, 2015, by and among the Lead Borrower, the other Loan Parties, the Term Loan B Lenders and the Term Loan B Agent, as amended by that certain First Amendment to Term Loan Credit Agreement dated as of the April 28, 2016, in each case as in effect as of the Closing Date and as the same may from time to time thereafter be amended, restated, amended and restated, supplemented, refinanced, replaced or otherwise modified in accordance with the terms of this Agreement and the Intercreditor Agreement.
Term Loan B Agreement means the Amended and Restated Term Loan Agreement --------------------- dated as of May 12, 2000 among Parent, the Company, various financial institutions and BofA, as Agent, which amends and restates the Term Loan Agreement dated as of July 10, 1998.
Term Loan B Agreement means the Term Loan B Agreement dated April 30, 1998 among InterMedia Partners Group VI, L.P., Toronto Dominion (Texas), Inc., as Administrative Agent, The Bank of New York Company, Inc., as Documentation Agent, and the other Lenders party thereto, as amended by the First Amendment dated as of March 23, 1999, and as to be further amended by an amendment substantially in the form of the draft Second Amendment dated April 12, 1999 that has been delivered to Buyer prior to execution of this Agreement.
Term Loan B Agreement means the Debtor-In-Possession Credit Agreement, entered into on or after the date hereof, among Foamex, the Guarantors, the Term Loan B Agent and the lenders party thereto, and any agreement that refinances all (and not a portion) of the Term Loan B Obligations owing under such Credit Agreement on the terms set forth in the immediately succeeding sentence, in each case as amended, restated, modified or otherwise supplemented from time to time in accordance with the terms thereof and hereof. Any refinancing of the Term Loan B Obligations owing under the Credit Agreement referred to in the immediately preceding sentence shall be on the following terms and conditions: (i) no Event of Default shall have occurred and be continuing immediately prior to such refinancing or would arise from such refinancing, (ii) such refinancing shall not have terms or provisions (including, without limitation, payment terms, conditions, covenants or events of default), taken as a whole, that are more restrictive or less favorable to Foamex or any of the other Loan Parties or to the Lenders or the Administrative Agent than those applicable to the Term Loan B Obligations being refinanced (in any event, there shall be no scheduled amortization of any of the Term Loan B Obligations prior to the Stated Termination Date and the scheduled maturity date of the new Term Loan B Obligations shall be no earlier than the scheduled maturity date of the Term Loan B Obligations being refinanced), (iii) if such refinancing is to be secured by Liens on assets and property of any of the Loan Parties, (x) such Liens shall not attach to any assets or property in addition to those assets and property securing the Term Loan B Obligations be refinanced and (y) such Liens shall be junior and subordinate to the Agent's Liens and be subject to the terms and provisions of an intercreditor agreement between the Administrative Agent and the Term Loan B Agent for such refinancing (or, if there is no Term Loan B Agent therefor, the lenders providing such refinancing) no less favorable to the Administrative Agent and the Lenders than the intercreditor agreement relating to the Liens securing the Term Loan B Obligations being refinanced, (iv) such refinancing shall be of all (and not a portion) of the Term Loan B Obligations then outstanding, shall be made on a term loan basis and shall be in a principal amount that does not exceed the principal amount so refinanced, plus all accrued and unpaid interest thereon...
Term Loan B Agreement means the credit agreement dated as of 22 June 2017 and made between (i) International Seaways Operating Corporation as the administrative borrower, (ii) OIN Delaware LLC as co-borrower, (iii) the Guarantor, as Holdings, (iv) the other parties named therein as guarantors, (v) the lenders named therein, (vi) Jefferies Finance LLC as administrative agent, (vii) Jefferies Finance LLC as collateral agent and mortgage trustee, (viii) Skandinaviska Enskilda Xxxxxx XX (publ) as issuing bank, (ix) Jefferies Finance LLC and JPMorgan Chase Bank N.A. as joint lead arrangers, (x) Jefferies Finance LLC, JPMorgan Chase Bank N.A. and UBS Securities LLC as joint bookrunners and (xi) DNB Markets, Inc., Fearnley Securities Inc., Pareto Securities Inc. and Skandinaviska Enskilda Xxxxxx XX (publ) as co-managers but excluding and amendment, variation or supplement thereto or waiver thereunder.