Making of Tranche B Loans. Each Tranche B Bank severally agrees, on the terms and conditions of this Agreement, to make Tranche B Loans to the Borrower from time to time on any Business Day prior to the Tranche B Commitment Termination Date. 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.
Making of Tranche B Loans. Subject to and upon the terms and conditions contained herein, Tranche B Loan Lender agrees (a) to make Tranche B Loans to Borrower on the date hereof in an amount equal to the Tranche B Borrowing Base as in effect on the date hereof and (b) to make Tranche B Loans to Borrower on the Tranche B Borrowing Base Increase Date in an amount equal to the Supplemental Tranche B Borrowing Base as then in effect based on the most recent calculation thereof prior to the date of such Tranche B Loans. Any amounts repaid in respect of the Tranche B Loans may be reborrowed up to the amount of the Tranche B Borrowing Base as then in effect upon not less than three (3) Business Days’ prior written notice by Borrower to Tranche B Loan Lender and Agent.
Making of Tranche B Loans. (a) Upon the terms and subject to the conditions herein set forth (including, without limitation, the provisions of Section 2.28 and Article 4), each Tranche B DIP Lender, severally and not jointly with the other Tranche B DIP Lenders, agrees to make loans (each a "Tranche B Loan" and collectively, the "Tranche B Loans") to each Borrower at any time and from time to time during the period commencing on the date hereof and ending on the Termination Date; provided that, after giving effect to any such Tranche B Loan, (i) the aggregate outstanding principal amount of Tranche B Loans of such Tranche B DIP Lender plus such Tranche B DIP Lender's participation in Tranche B Letters of Credit (and unreimbursed draws thereunder) does not exceed such Tranche B DIP Lender's Tranche B Credit-Linked Deposit Amount, (ii) the Outstanding Exposure with respect to such Borrower does not exceed such Borrower's Borrowing Limit and (iii) the Tranche B Outstanding Exposure with respect to all Borrowers does not exceed the Total Tranche B Credit-Linked Deposit Amount. Tranche B Loans made pursuant to this subsection (a) may be repaid and reborrowed in accordance with the provisions of this Agreement.
Making of Tranche B Loans. (i) In the event any portion of the Loans requested in any Notice of Borrowing delivered to the Administrative Agent pursuant SECTION 2.01A(b) will be made as Tranche B Loans, the Administrative Agent shall promptly notify each Lender of the amount of such Borrowing. Each such Lender shall deposit an amount equal to its Pro Rata Share of the amount of such Borrowing with the Administrative Agent in the applicable Payment Account in immediately available funds, not later than 3:00 p.m. (New York time), on any Funding Date applicable thereto. Subject to the satisfaction of the conditions precedent set forth in SECTION 5.02, the Administrative Agent shall make the proceeds of such amounts received by it available to the applicable Borrower at the Administrative Agent's office in New York, New York, on such Funding Date (or as soon thereafter as is customarily practicable) and shall disburse such proceeds to the applicable Disbursement Account.
