Term B-5 Loans definition

Term B-5 Loans means, collectively, the Term Loans made by the Term B-5 Lenders pursuant to Section 2.1(a).
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Term B-5 Loans means all term loans that are outstanding under the Existing Credit Agreement immediately prior to the Closing Date.
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Term B-5 Loans means the Term B-1 Loans, the Term B-2 Loans and the Term B-3 Loans (each as defined in the 2012 Credit Agreement) held by each Lender immediately prior to the 2011 Amendment Effective Date that were converted into “Extended Maturity Term B Loans” pursuant to Section 2.01(a) of the 2011 Credit Agreement and the Loans made pursuant to Section 2.01(b) of the 2011 Credit Agreement on the 2011 Amendment Effective Date. The aggregate amount of the Term B-5 Loans as of the 2011 Amendment Effective Date was $1,222,652,082.32.
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Examples of Term B-5 Loans in a sentence

  • On the Amendment No. 1 (B-5) Effective Date, the Lenders made the Term B-5 Loans.

  • The Borrowers shall prepay the Non-Exchanged 2016-1 Term B-5 Loans with a like amount of the gross proceeds of the Additional 2016-2 Term B-5 Loans, concurrently with the receipt thereof.

  • As with any County purchase, the account is not to be used for any product, service or with any merchant considered to be inappropriate for County funds.

  • Additional 2016-2 Term B-5 Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

  • So, if yourice cream store is in Jerusalem, you wouldn't be advertising on social media to people who are living in London.Let's go back to that ice cream store in Jerusalem.

  • The Borrowers shall prepay the Non-Exchanged 2016-2 Term B-5 Loans with a like amount of the gross proceeds of the Additional 2017-1 Term B-5 Loans, concurrently with the receipt thereof.

  • Each Consenting Term B Lender waives the provisions of (x) this Section 2.16 and (y) Section 3.05 under the Existing Credit Agreement, in each case, with respect to the prepayment and/or conversion of its Term B-5 Loans immediately following the Closing Date.

  • Reflects primarily the write-off of $8.0 million in debt issuance costs incurred on the Term B-5 Loans during the six months ended June 30, 2017.

  • All Additional 2017-1 Term B-5 Loans will have the Type of Loan and Interest Period specified in the Committed Loan Notice delivered in connection therewith (which may be an Interest Period ending on the same date as the Interest Period applicable to such Non-Exchanged 2016-2 Term B-5 Loans being refinanced, notwithstanding the required periods set forth in the definition of Interest Period).

  • Except as set forth in this Agreement, the Incremental Term B-5 Loans shall otherwise be subject to the provisions of the Amended Credit Agreement and the other Loan Documents.


More Definitions of Term B-5 Loans

Term B-5 Loans has the meaning specified in this Agreement immediately prior to the Fifth Amendment Effective Date.
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Term B-5 Loans means the Additional Term B-5 Loans and the 2018 Additional Term B-5 Loans.
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Term B-5 Loans in each case, contained therein with references to “Term B-6 Loans”. (i) The definition of “Term Commitment” is hereby amended by replacing the reference to “Term B-5 Commitment” contained therein with a reference to “Term B-6 Commitment”. (j) The definition of “Term Lender” is hereby amended by inserting “Term B-6 Lender,” immediately after “Term B-5 Lender,” therein. (k) The definition of “Term Loan” is hereby amended by inserting “Term B-6 Loan,” immediately after “Term B-5 Loan,” therein. (l) The definition of “Term Note” is hereby amended by replacing the reference to “Term B-5 Note” contained therein with a reference to “Term B-6 Note”. (m) Section 2.01(a)(iii) is hereby amended by inserting the following new clause (E) in proper alphabetical order: “(E) On the Amendment No. 8 Effective Date, in accordance with, and upon the terms and conditions set forth in, Amendment Xx. 0, xxxx Xxxxxxxxxxx Xxxx X-0 Lender made (including by cashless settlement option) to the Borrower a Replacement Term B-6 Loan in the amount set forth on the signature page to the Lender Addendum (as defined in Amendment No. 8) on the Amendment No. 8 Effective Date.” (n) The last sentence of Section 2.01(a)(iv) is hereby amended and restated in its entirety to read as follows: “On and after the Amendment No. 8 Effective Date, all Term B-6 Loans shall rank pari passu in right of payment and security with, and otherwise have the same terms, rights and benefits as, the Term B-3 Loans and the Term B-4 Loans outstanding immediately prior to the Amendment No. 8 Effective Date under the Loan Documents, except as expressly provided herein.” (o) Section 2.05(b)(vii) is hereby amended by replacing the reference to “Term B-5 Loans” contained therein with a reference to “Term B-6 Loans”. (p) Section 2.06(b) is hereby amended by inserting the following new sentence immediately after the last sentence thereof: “The Term B-6 Commitment of each Replacement Term B-6 Lender shall be automatically and permanently reduced to $0 upon the making to Borrower of its Replacement Term B-6 Loan pursuant to Section 2.01(a)(iii)(E).”
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Term B-5 Loans means (i) the Term B-1 Loans, the Term B-2 Loans and the Term B-3 Loans held by each Lender immediately prior to the 2011 Amendment Effective Date that were converted into “Extended Maturity Term B Loans” pursuant to Section 2.01(a) to the 2011 Credit Agreement and the Loans made pursuant to Section 2.01(b) to the 2011 Credit Agreement on the 2011 Amendment Effective Date and (ii) any Incremental Term Loans in the form of Term B-5 Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(e). The aggregate amount of the Term B-5 Loans as of the 2011 Amendment Effective Date was $1,222,652,082.32.
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Term B-5 Loans has the meaning set forth in Section 2.01(a)(v)(B).
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Term B-5 Loans contained therein with a reference to “Term B-6 Loans”. (p) Section 2.06(b) is hereby amended by inserting the following new sentence immediately after the last sentence thereof: “The Term B-6 Commitment of each Replacement Term B-6 Lender shall be automatically and permanently reduced to $0 upon the making to Borrower of its Replacement Term B-6 Loan pursuant to Section 2.01(a)(iii)(E).”
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Related to Term B-5 Loans

  • Term B Loans means the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a) and any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Term Loans as defined in Section 2.1.

  • Term B Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term B Loan on the Closing Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term B Loan Commitments of the Lenders aggregate $50,000,000 on the Closing Date.

  • Term Loan as defined in Section 2.1.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • Term B Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term B Commitments at such time and (b) thereafter, the aggregate principal amount of the Term B Loans of all Term B Lenders outstanding at such time.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

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

  • Term A Loan Commitment means, for each Lender, the commitment of such Lender to make its portion of the Term A Loan, in the principal amount with respect to each such Lender equal to the amount set forth opposite the name of such Lender under "Term A Loan Commitment" on Schedule 1.01(A).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan Commitment, and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is Twenty Million Dollars ($20,000,000.00).

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

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term B Lender means, at any time, any Lender that has a Term B Commitment or a Term B Loan at such time.

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.