Examples of Term B-3 Loans in a sentence
United States 30,372 27,259f TIBCO Software Inc., Term B-3 Loans, 4.74%, (1-month USD LIBOR +3.75%), 7/31/26 .
The Borrower shall prepay the Non-Exchanged U.S. Term B-2 Loans with a like amount of the gross proceeds of the Additional U.S. Term B-3 Loans, concurrently with the receipt thereof.
The 2021 Rate Swap effectively fixed the rate of interest payable on that portion of the Term B-3 Loans, thereby reducing the impact of future interest rate changes on future interest expense.
Subject to the terms and conditions set forth herein and in Amendment No. 5, each Rollover U.S. Term B-2 Lender severally agrees to exchange its Exchanged U.S. Term B-2 Loans for a like principal amount of U.S. Term B-3 Loans on the Amendment No. 5 Effective Date.
As provided in Section 2.5(a) and subject to the terms hereof, the Borrower may elect that the U.S. Term B-3 Loans comprising the Borrowing hereunder of U.S. Term B-3 Loans be either Base Rate Loans or Eurodollar Loans.