Term B-4 Loans definition

Term B-4 Loans means, collectively, the Term Loans made by the Term B-4 Lenders pursuant to Section 2.1.
Term B-4 Loans shall have the meaning assigned to such term in the Term Credit Agreement.
Term B-4 Loans has the meaning provided in Section 2.01(e).

Examples of Term B-4 Loans in a sentence

  • At the time and immediately after giving effect to the incurrence of the U.S. Term B-4 Loans, no Default or Event of Default shall have occurred and be continuing.

  • Notwithstanding the foregoing, the amendments effected hereby shall not become effective, the obligations of the Additional U.S. Term B-4 Lenders to make Additional U.S. Term B-4 Loans will automatically terminate, if each of the conditions set forth or referred to in this Section 3 has not been satisfied at or prior to 5:00 p.m., New York City time, on May 15, 2018.

  • Section 2.11(h)(ii) of the Credit Agreement is hereby amended by inserting the text “and the Applicable Facility Percentage for the Term B-4 Loans of such First Lien Net Proceeds” immediately after the text “the Applicable Facility Percentage for the Term B-3 Loans of such First Lien Net Proceeds”.

  • The Borrower shall prepay the Non-Exchanged U.S. Term B-3 Loans with a like amount of the gross proceeds of the Additional U.S. Term B-4 Loans, concurrently with the receipt thereof.

  • Subject to the terms and conditions set forth herein, each Incremental Lender agrees to make Term B-4 Loans to the Borrower on the Incremental Effective Date in a principal amount not to exceed such Incremental Lender’s Term B-4 Loan Commitment in accordance with the applicable procedures set forth in Article II of the Credit Agreement.


More Definitions of Term B-4 Loans

Term B-4 Loans shall have the meaning assigned to such term in Section 1.1 of the Incremental Amendment.
Term B-4 Loans is defined in Section 2.1(c) hereof and, on and after the Certain Funds Funding Date, the 2017 Incremental Term B-1 Loans (which, upon the incurrence of the 2017 Incremental Term B-1 Loans on the Certain Funds Funding Date, shall be included in, and made part of, the same Class of Term B-4 Loans as contemplated by the definition of “Class”).
Term B-4 Loans means B-4 term loans maturing on April 24, 2020 provided for by the Secured Term Loan B Credit Agreement.
Term B-4 Loans all “Term B-4 Loans” (as defined in the Original Credit Agreement) outstanding under this Agreement immediately prior to the Amendment No. 5 Effective Date.
Term B-4 Loans means term loans maturing on April 24, 2020, in the currently outstanding principal amount of $998 million provided for by the Secured Term Loan B Credit Agreement.
Term B-4 Loans has the meaning specified in this Agreement immediately prior to the Fifth Amendment Effective Date.
Term B-4 Loans has the meaning assigned to such term in the Sixth Amendmentmeans the Initial Term B-4 Loans and the Incremental Term B-4 Loans.