Replacement Term B Loans definition

Replacement Term B Loans shall have the meaning assigned to such term in Section 9.08(f).
Replacement Term B Loans has the meaning specified in Section 2.01(d).
Replacement Term B Loans are each defined in Section 8.3.

Examples of Replacement Term B Loans in a sentence

  • The Borrower shall repay to any Lender who elects not to provide or participate in any Replacement Term B Loans the outstanding Term B Loans held by such Lender (plus any accrued and unpaid interest or other amounts due in connection therewith) prior to or simultaneously with any refinancing, replacement or modification of outstanding Term B Loans hereunder.

  • The election by any Lender to provide or participate in the Replacement Term B Loans shall not obligate any other Lender to so provide or participate.

  • In no event shall Replacement Term B Loans be deemed to be Incremental Term Loans hereunder.

  • The Replacement Term B Loans shall constitute Term B Loans under the Credit Agreement and the other Credit Documents after giving effect to this Amendment.

  • Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Loan or the Loan Commitment assigned, except that this clause (ii) shall not prohibit any Lender from assigning all or a portion of its rights and obligations among separate Facilities on a non-pro rata basis.

  • The Borrower shall not, and shall not permit any of its Restricted Subsidiaries to, use the proceeds of a Borrowing of 2018 New Replacement Term B Loans on the Third Amendment Effective Date, whether directly or indirectly, for any purpose other than the repayment of principal on the 2016 Replacement Term B-1 Loans not subject to the 2018 Replacement2020 Refinancing Term B Loan Conversion.

  • The parties hereto hereby consent to the incurrence of the Replacement Term B Loans on the terms set forth herein.

  • Notwithstanding anything to the contrary above, no notice to the Administrative Agent shall be required in connection with the repayment of Term Loans with the proceeds of US Dollar RCF Loans, Replacement Term A-1 Loans, Replacement Term A-2 Loans and Replacement Term B Loans incurred on the Second Amendment Effective Date.

  • Upon the effectiveness of this Amendment, unless the context otherwise requires, all references to Term B Loans in the Credit Documents shall be deemed to, and shall constitute, references to Replacement Term B Loans.

  • The 2013 Replacement Term LoanB Commitment of each 2013 Replacement Term B Lender shall bewas automatically and permanently reduced to $0 upon the making of such 2013 Replacement Term B Lender’s 2013 Replacement Term B Loans pursuant to the First Amendment on the First Amendment Effectiveon the Original Closing Date.


More Definitions of Replacement Term B Loans

Replacement Term B Loans has the meaning provided in the Second Amendment.
Replacement Term B Loans shall have the meaning assigned to such term in Section 9.08(e). Dresser Credit Agreement

Related to Replacement Term B Loans

  • Replacement Term Loans shall have the meaning provided in Section 13.1.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • New Term Loans as defined in Section 2.24.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Tranche C Term Loan as defined in Section 2.1.

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Tranche B Term Loan as defined in Section 2.1.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(a) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $795,000,000.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Other Term Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.