Incremental Tranche B Term Loans definition

Incremental Tranche B Term Loans shall have the meaning provided in Section 2.14.

Incremental Tranche B Term Loans as defined in Section 2.25(a).

Incremental Tranche B Term Loans any term loans made pursuant to Section 2.25(a) and designated in the applicable Increased Facility Activation Notice as “Incremental Tranche B Term Loans”.

Examples of Incremental Tranche B Term Loans in a sentence

• Each Borrowing of Incremental Tranche B Term Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their then-applicable Incremental Tranche B Term Loan Commitments.

• Any Incremental Tranche B Term Loans made on an Increased Amount Date may be designated, a separate series (a “Series”) or Class of Incremental Tranche B Term Loans for all purposes of this Agreement or may be an increase to an existing Series or Class.

• Once advanced, Incremental Tranche B Term Loans shall be aggregated with Tranche B Term Loans and all such Loans shall be referred to as Tranche B Term Loans.

• The Total balance of Incremental Tranche B Term Loans is $295,000,000.00.

• Any Incremental Tranche B Term Loans made on an Increased Amount Date shall be designated, a separate series (a “Series”) of Incremental Tranche B Term Loans for all purposes of this Agreement.

More Definitions of Incremental Tranche B Term Loans

Incremental Tranche B Term Loans has the meaning assigned to such term in the recitals.

Incremental Tranche B Term Loans as defined in the Incremental Term Loan B Amendment.

Incremental Tranche B Term Loans the Tranche B Term Loans contemplated by Section 6.18 of this Agreement made on the Incremental Tranche B Effective Date pursuant to Section 2.1(b) of this Agreement.

Incremental Tranche B Term Loans. “Incremental Term Loans”, “Term Loans” and “Loans”, (iii) the Incremental Lenders holding New Tranche A Term Loans shall be “Tranche A Term Loan Lenders”, “Term Loan Lenders” and “Lenders” and (iv) the Incremental Lenders holding New Tranche B Term Loans shall be “Tranche B Term Loan Lenders”, “Term Loan Lenders” and “Lenders”, in each case of (i) through (iv) above, under, and for all purposes of, the Credit Agreement and the other Loan Documents, and such Incremental Lenders shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all of the rights of a Tranche A Term Loan Lender or Tranche B Term Loan Lender, as applicable, thereunder. The Borrowers, the Administrative Agent and the Lenders hereby further acknowledge and agree that (i) the New Tranche A Term Loans made on the First Amendment Effective Date shall not constitute a separate Series of Tranche A Term Loans, but shall instead be one series with, and increase the amount of, the Tranche A Term Loans made on the Closing Date and, when funded, will constitute Tranche A Term Loans for all purposes of the Credit Agreement and (ii) the New Tranche B Term Loans made on the First Amendment Effective Date shall not constitute a separate Series of Tranche B Term Loans, but shall instead be one series with, and increase the amount of, the Tranche B Term Loans made on the Closing Date and, when funded, will constitute Tranche B Term Loans for all purposes of the Credit Agreement. The First Facilities Increase is a facilities increase pursuant to Section 2.01(c) (Facilities Increase).

Incremental Tranche B Term Loans. (b) The definition of “Applicable Rate” is hereby amended by replacing in its entirety the table set forth in the definition as follows: Leverage Ratio ABR Spread Eurodollar Spread Commitment Fee Rate Category 1 Greater than or equal to 5.50 to 1.00 2.50% 3.50% 0.750% Category 2 Less than 5.50 to 1 but greater than or equal to 5.00 to 1.00 2.50% 3.50% 0.625% Category 3 Less than 5.00 to 1.00 but greater than or equal to 4.25 to 1.00 2.00% 3.00% 0.500% Category 4 Less than 4.25 to 1.00 1.75% 2.75% 0.500%

Incremental Tranche B Term Loans. “Lender Addendum”, “Tranche B Term Loan”, “Tranche B Term Loan Commitment”, “Tranche B Term Loan Lender” and “Tranche B Term Loan Percentage” set forth in Section 1.1 of the Credit Agreement are hereby amended in their respective entireties to read as follows:

Incremental Tranche B Term Loans in Section 1.01 of the Credit Agreement is hereby deleted in its entirety.