Term B-2 Loans definition

Term B-2 Loans means, collectively, (i) the term loans made by the Lenders and reclassified and continued on the Amendment No. 1 Effective Date pursuant to Section 2.1 in respect of the amount set forth under the caption “Term B-2 Commitment” in such Lender’s Lender Addendum (as defined in Amendment No. 1) to Amendment No. 1 or in the Assignment and Acceptance pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.8) or as allocated by the Agent and (ii) the term loans made by the Lenders and reclassified and continued on the Amendment No. 4 Effective Date pursuant to Section 2.1 in respect of the amount set forth under the caption “Term B-2 Commitment” in such Lender’s Lender Addendum (as defined in Amendment No. 4) to Amendment No. 4 or in the Assignment and Acceptance pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.8) or as allocated by the Agent. The aggregate amount of the Term B-2 Loans on the Restatement Effective Date is $1,437,032,166.71.

Term B-2 Loans has the meaning specified in Section 2.01(a)(iii).

Term B-2 Loans means the Initial Term B-2 Loans and the Additional Term B-2 Loans.

Examples of Term B-2 Loans in a sentence

• All proceeds of the Term B-2 Loans incurred on the Closing Date will be used by the Borrower to directly or indirectly make the Shareholder Payment, to pay fees and expenses in connection therewith and for working capital and general corporate purposes.

• Each Cashless Option Lender and the Additional Term B-3 Lender hereby agrees, on the Amendment No. 2 Effective Date and on the terms and conditions set forth herein and in the Amended Credit Agreement, to (x) exchange all (or such lesser amount as the Arranger together with the Administrative Agent may allocate) of its Term B-2 Loans for Term B-3 Loans or (y) make Term B-3 Loans, as applicable, in accordance with Section 2.01(a)(ii) of the Amended Credit Agreement.

• The Incremental Term Loans shall have terms and provisions identical to the Existing Term Loans and will constitute Term Loans and Term B-2 Loans for all purposes under the Credit Agreement.

• All proceeds of the Term B-2 Loans incurred on the Closing Date will be used by the Borrower to repay the Term B-2 Facility (as defined in the Existing Credit Agreement) under the Existing Credit Agreement and to pay fees and expenses in connection therewith.

• The Incremental Term Loans will be an increase in the Term B-2 Loans (to be redesignated as the Term B-2-A Loans as set forth herein) outstanding prior to the date hereof (the “Existing Term Loans”) and the Existing Term Loans and the Incremental Term Loans will collectively comprise a single Tranche of Term B-2 Loans.

More Definitions of Term B-2 Loans

Term B-2 Loans means the term loans made by the Term B-2 Lenders to a Borrower Party pursuant to Section 2.01(b)(iii) and any Incremental Term B Loans by the Term B-2 Lenders.

Term B-2 Loans means the “Term B-2 Loans” under the Credit Agreement as in effect prior to giving effect to Amendment No. 4.

Term B-2 Loans all “Term B-2 Loans” (as defined in the Original Credit Agreement) outstanding under this Agreement immediately prior to the Amendment No. 2 Effective Date.

Term B-2 Loans as defined in Section 2.01.

Term B-2 Loans means the term loans made on the Closing Date pursuant to Section 2.01(b).

Term B-2 Loans means (a) the term loans made by the Additional Term Term B-2 Lender to the Borrower on the Amendment No. 3 Effect Date pursuant to Section 2.01(a)(iii) and (b) the term loans into which Term B-1 Loans of a Converting Term B-2 Loan Consenting Lender are converted pursuant to Section 2.01(a)(iii) and Amendment No. 3.

Term B-2 Loans means the Term B-2 Loans extended by the Term B-2 Lenders to the Borrowers pursuant to Section 2.01(d).