Definition of Tranche B-3 Term Loan Maturity Date


Tranche B-3 Term Loan Maturity Date means the earliest of (i) November 27, 2023, (ii) July 15, 2020 unless the entire outstanding principal amount of the 7 1/4% Senior Notes have been repurchased, redeemed, refinanced or defeased prior to such date, (iii) January 1, 2021 unless the entire outstanding principal amount of the 7 1/2% Senior Notes have been repurchased, redeemed, refinanced or defeased prior to such date and (iv) May 1, 2023 unless the entire outstanding principal amount of the 5 1/2% Senior Notes have been repurchased, redeemed, refinanced or defeased prior to such date.
Sample 1

Examples of Tranche B-3 Term Loan Maturity Date in a sentence

The Borrower shall make principal payments on the Incremental Term Loans in installments in accordance with Section 2.3 of the 2011 Credit Agreement, with any remainder (including any accrued and unpaid interest) payable on the Tranche B-3 Term Loan Maturity Date.