B Banks definition

B Banks shall have the meaning provided in Section 4.02(C).
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B Banks means together, (a) the NZ Banks and (b) the Brazilian Banks and “B Bank” means any one of them as the context requires;
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Examples of B Banks in a sentence

  • Notwithstanding anything to the contrary contained in this Section 3.02 or elsewhere in this Agreement (including, without limitation, in Section 12.12), the Borrower shall have the option, in its sole discretion, to give the Banks with outstanding B Term Loans (the "B Banks") the option to waive a mandatory repayment of such Loans pursuant to Section 3.02(A) (each such repayment, a "Waivable Mandatory Repayment") upon the terms and provisions set forth in this Section 3.02(C).

  • On the Refunding Date, each Tranche B Bank shall transfer to the Swing Lender, in immediately available funds, such Tranche B Bank's Swing Loan Refund Amount, and upon receipt thereof the Swing Lender shall deliver to such Tranche B Bank a Swing Loan participation certificate dated the date of the Swing Lender's receipt of such funds and in the Swing Loan Refund Amount of such Tranche B Bank.

  • Each prepayment of Revolving Credit B Loans shall be allocated among the Revolving B Banks, in proportion, as nearly as practicable, to the respective unpaid principal amount of each Revolving B Bank's Revolving Credit B Note or loan account, as the case may be, with adjustments to the extent practicable to equalize any prior payments or repayments not exactly in proportion.

  • The Facility Fee shall be payable monthly in arrears on each Settlement Date with respect to the prior Collection Period and shall be forwarded by the Facility Agent to (i) the Series A Bank based on the available Series A Commitment and the Facility Fee Rate applicable to the Series A Bank's Commitment, and (ii) ratably to the Series B Banks according to their Pro Rata Shares of the available Series B Commitment and the Facility Fee Rate applicable to each Series B Bank's Commitment.

  • Each Borrowing of Tranche B Loans under this Agreement shall be made to the Borrower on the same day rateably by the Tranche B Banks and shall be in the aggregate minimum amount of $5,000,000 or a larger whole multiple of $1,000,000.

  • If the Borrower elects to exercise the option referred to in the preceding sentence, the Borrower shall give to the Agent written notice of its intention to give the B Banks the right to waive a Waivable Mandatory Repayment at least five Business Days prior to the applicable Scheduled B Term Repayment Date, which notice the Agent shall promptly forward to all B Banks (indicating in such notice the amount of such repayment to be applied to each such Bank's outstanding B Term Loans).

  • Upon receipt of any such notice of resignation, the Required Banks (or, with respect to the resignation of the Term B Facility Agent, the Required Term B Banks) shall have the right, with the consent of the Borrowers (such consent not to be unreasonably withheld), to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States, and which shall be a U.S. Person.

  • The Junior Lenders shall not contest the Senior Lender Claim or the grant, validity, perfection, priority or enforceability of any lien or security interest granted to the Agent or any of the Banks, or to the Term Loans B Agent or the Term Loans B Banks, as contemplated by the terms of this Agreement.

  • Those certain warrants from the Company to the Banks other than the Revolving B Banks, and in form and substance as set forth in Exhibit A to the Warrant Purchase Agreement.

  • The occurrence of either (a) any event pursuant to which the Revolving Credit B Banks consent to a reduction (in whole or in part) of the amounts to be guaranteed pursuant to the Investor Guaranty; or (b) the termination of such Investor Guaranty.

Related to B Banks

  • Banks shall include the Agent in its individual capacity.

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

  • Purchasing Banks as defined in subsection 10.5(d).

  • Issuing Banks shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Original Lenders shall have the meaning assigned to such term in the recitals hereto.

  • Participating Banks means such investment banks that engage in any Debt Exchange with one or more members of the Parent Group.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • L/C Issuers means (i) Bank of America, (ii) any other Lender in its capacity as issuer of Letters of Credit hereunder who has been selected by GFI and who has agreed to be an L/C Issuer hereunder in accordance with the terms hereof and (iii) any successor issuer of Letters of Credit hereunder appointed in accordance with the terms hereof, and “L/C Issuer” means any one of them.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Supermajority Banks means Banks having more than 75% of the sum of the Aggregate Commitments or, after the Revolving Credit Termination Date, more than 75% of the aggregate Revolving Loans outstanding (including funded participating interests in Swingline Loans).

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Required Banks means at any time Banks having at least 66 2/3% of the aggregate amount of the Commitments or, if the Commitments are no longer in effect, Banks holding at least 66 2/3% of the aggregate outstanding principal amount of the sum of the (i) Syndicated Loans and (ii) Money Market Loans.

  • Managing Agents as defined in the preamble hereto.

  • Co-Syndication Agents as defined in the preamble hereto.

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • Reference Lenders means the Agent unless the Agent resigns said responsibility, at which time and thereafter such term means one or two Lenders selected by the Agent in its discretion from time to time as a reference lender for purposes of determining the Adjusted Libor Rate.

  • Issuing Lenders means all such Persons, collectively.

  • Syndication Agents as defined in the preamble hereto.

  • KeyBank means KeyBank National Association.

  • Initial Issuing Banks has the meaning specified in the recital of parties to this Agreement.

  • Existing Lenders has the meaning specified in the recitals hereto.