Tranche B Lenders Sample Clauses

Tranche B Lenders. The Lenders having a Tranche B Commitment, as set forth on Schedule 1.1 hereto, along with their successors and assigns.
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Tranche B Lenders. If any Tranche B Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set-off, or otherwise) on account of the Advances or Tranche B Letter of Credit Obligations made by it in excess of its Pro Rata Share of payments on account of the Advances or Tranche B Letter of Credit Obligations obtained by all the Tranche B Lenders, such Tranche B Lender shall notify the Administrative Agent and forthwith purchase from the other Tranche B Lenders such participations in the Advances made by them or Tranche B Letter of Credit Obligations held by them as shall be necessary to cause such purchasing Tranche B Lender to share the excess payment ratably with each of them; provided, however, that if all or any portion of such excess payment is thereafter recovered from such purchasing Tranche B Lender, such purchase from each Tranche B Lender shall be rescinded and such Tranche B Lender shall repay to the purchasing Tranche B Lender the purchase price to the extent of such Tranche B Lender’s ratable share (according to the proportion of (a) the amount of the participation sold by such Tranche B Lender to the purchasing Tranche B Lender as a result of such excess payment to (b) the total amount of such excess payment) of such recovery, together with an amount equal to such Tranche B Lender’s ratable share (according to the proportion of (i) the amount of such Tranche B Lender’s required repayment to the purchasing Tranche B Lender to (ii) the total amount of all such required repayments to the purchasing Tranche B Lender) of any interest or other amount paid or payable by the purchasing Tranche B Lender in respect of the total amount so recovered. The Borrowers agree that any Tranche B Lender so purchasing a participation from another Tranche B Lender pursuant to this Section 2.11 may, to the fullest extent permitted by law, exercise all its rights of payment (including the right of set-off) with respect to such participation as fully as if such Tranche B Lender were the direct creditor of the Borrowers in the amount of such participation.
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Tranche B Lenders. Intl Union, UAW Master Pension BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: Xxxx Xxxxxxx Fund II Floating Rate Income Fund BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: Xxxx Xxxxxxx Fund II High Yield Fund BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: Xxxx Xxxxxxx Variable Insurance Trust - High Yield Trust BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: Xxxxxx Foundation Hospitals BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: Xxxxxx Permanente Group Trust BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: Xxxx County Employees Retirement Association BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: Xxxx Xxxxx Partners Variable Income Trust - Xxxx Xxxxx Western Asset Variable Global High Yield Bond Portfolio BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: Xxxx Xxxxx Western Asset Global Credit Absolute Return Fund BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: Xxxx Xxxxx Western Asset Global High Yield Fund BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: Xxxx Xxxxx Western Asset Senior Loans Fund BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: Xxxx Xxxxx Western Asset US High Yield Fund By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRA...
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Tranche B Lenders. Employees' Retirement System of the State of Rhode Island BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: Guidestone Funds Global Bond Fund BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title: TRANCHE B LENDERS: International Union, UAW - Strike Trust BY: Western Asset Management Company as Investment Manager and Agent By: /s/ Xxxxxx Xx Name: Xxxxxx Xx Title: Authorized Signatory By: Name: Title:
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Tranche B Lenders. 6.2.1 Each Tranche B Lender shall no later than 5 Business Days prior to the Tranche B Closing Date, deliver to the Borrower a duly completed and executed Tranche B Commitment Proposal.
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Tranche B Lenders. The Original Tranche B Lenders and the Extending Tranche B Lenders.
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Related to Tranche B Lenders

  • Revolving Credit Lenders ☐ The above Person is a Revolving Credit Lender, or will be, on the Amendment No. 3 Effective Date, a Revolving Credit Lender, and consents to becoming a party to the Amendment and the Credit Agreement. Reference is made to Amendment No. 3 (the “Amendment”), to that certain First Lien Credit Agreement, dated as of August 1, 2014, by and among Xxxxxxxx’x Holdings, LLC (the “Borrower”), PHD Intermediate LLC (“Holdings”), the Subsidiaries of the Borrower from time to time party thereto, the lenders or other financial institutions or entities from time to time party thereto and UBS AG, Stamford Branch, as administrative agent (in such capacity, the “Administrative Agent”) (as amended, restated, supplemented or otherwise modified from time to time prior to the date of the Amendment, the “Existing Credit Agreement” and, as amended by the Amendment, the “Credit Agreement”). Capitalized terms used herein but not defined herein have the meanings assigned to such terms in the Amendment, the Existing Credit Agreement or the Credit Agreement, as applicable. The undersigned hereby irrevocably (i) consents to the Amendment and (ii) authorizes and instructs the Administrative Agent to execute the Amendment on its behalf (and, if the undersigned is not a Lender immediately prior to the Amendment No. 3 Effective Date, agrees to become a Lender). ICG US CLO 2016-1, Ltd., By: /s/ Xxxx Xxxxxxxxxxx Name: Xxxx Xxxxxxxxxxx Title: Authorized Signatory If a second signature is necessary: By: Name: Title: TERM B/TERM B-2 LENDER CONVERSION OPTION: ☐ The above Lender is a Term B Lender or a Term B-2 Lender and, in such capacity, agrees to (i) convert on the Amendment No. 3 Effective Date such Term B Lender’s or Term B-2 Lender’s, as the case may be, Allocated Amount of outstanding Term B Loans or Term B-2 Loans, as the case may be, into Term B-3 Loans and (ii) be repaid on the Amendment No. 3 Effective Date the excess (if any) of the principal amount of the above Lender’s Term B Loans or Term B-2 Loans, as the case may be, over such Lender’s Allocated Amount of outstanding Term B Loans or Term B-2 Loans, as the case may be. TERM B/TERM B-2 LENDER CONSENT AND CASH-OUT OPTION: ☑ The above Lender is a Term B Lender or Term B-2 Lender and, in such capacity, will not convert its Term B Loans or Term B-2 Loans, as the case may be, into Term B-3 Loans and shall have the principal amount of its Term B Loans or Term B-2 Loans, as the case may be, repaid on the Amendment No. 3 Effective Date.

  • Term Loan Commitments Subject to the terms and conditions hereof, and relying upon the representations and warranties herein set forth, each Lender severally agrees to make a term loan (the “Term Loan”) to the Borrower on the Closing Date in such principal amount as the Borrower shall request up to, but not exceeding such Lender’s Term Loan Commitment.

  • Revolving Loan Commitment Each Lender with a Revolving Loan Commitment agrees to make loans on a revolving basis (“Revolving Loans”) from time to time until the Termination Date in such Lender’s Pro Rata Share of such aggregate amounts as the Company may request from all Lenders; provided that the Revolving Outstandings will not at any time exceed Revolving Loan Availability.

  • Term Loan Commitment As to each Term Loan Lender, the amount equal to such Term Loan Lender’s Term Loan Commitment Percentage of the aggregate principal amount of the Term Loans from time to time outstanding to the Borrower.

  • Incremental Lenders Each notice from the Borrower pursuant to this Section shall set forth the requested amount and proposed terms of the relevant Incremental Increases. Incremental Increases may be provided by any existing Lender (but no existing Lender will have an obligation to make a portion of any Incremental Increase) or by any other Persons (each, an “Incremental Lender”); provided that the Administrative Agent, the Issuing Bank and the Swingline Lender, as applicable, shall have consented (such consent not to be unreasonably withheld, conditioned or delayed) to such Incremental Lender’s providing such Incremental Increase to the extent any such consent would be required under Section 11.5(b) for an assignment of Loans or Commitments, as applicable, to such Incremental Lender. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Incremental Lender is requested to respond, which shall in no event be less than ten (10) Business Days from the date of delivery of such notice to the proposed Incremental Lenders (or such shorter period as agreed to by the Administrative Agent in its sole discretion). Each proposed Incremental Lender may elect or decline, in its sole discretion, and shall notify the Administrative Agent within such time period whether it agrees, to provide an Incremental Increase and, if so, whether by an amount equal to, greater than or less than requested. Any Person not responding within such time period shall be deemed to have declined to provide an Incremental Increase.

  • Revolving Credit Commitments (a) Subject to the terms and conditions hereof, each Lender, by its acceptance hereof, severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively for all the Lenders the “Revolving Loans”) in U.S. Dollars to the Borrower from time to time on a revolving basis up to the amount of such Lender’s Revolving Credit Commitment, subject to any reductions thereof pursuant to the terms hereof, before the Revolving Credit Termination Date. The sum of the aggregate principal amount of Revolving Loans, Swingline Loans and L/C Obligations at any time outstanding shall not exceed the lesser of (i) the Revolving Credit Commitments of all Lenders in effect at such time and (ii) the Borrowing Base as then determined and computed. Each Borrowing of Revolving Loans shall be made ratably by the Lenders in proportion to their respective Revolver Percentages. As of the Closing Date immediately prior to the initial Borrowing of Revolving Loans under this Agreement, the aggregate outstanding principal amount of Revolving Loans advanced under the Prior Credit Agreement is $148,100,000, which outstanding Revolving Loans advanced under the Prior Credit Agreement shall continue as outstanding Revolving Loans under this Agreement. As provided in Section 1.6(a) hereof, the Borrower may elect that each Borrowing of Revolving Loans be either Base Rate Loans or Eurodollar Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to the terms and conditions hereof.

  • Revolving Credit Commitment Subject to the terms and conditions hereof, the Lender agrees to extend a Revolving Credit to each Borrower which may be availed of by each Borrower from time to time during the period from and including the date hereof to but not including the Termination Date (the “Commitment Period”), at which time the commitment of the Lender to extend credit under the Revolving Credit shall expire. The maximum amount of the Revolving Credit which the Lender agrees to extend to the Borrowers shall be the Lender’s Commitment as then in effect. The Revolving Credit may be utilized by the Borrowers in the form of Loans, all as more fully hereinafter set forth, provided that, the aggregate principal amount of Loans outstanding at any one time shall not exceed the Commitment and the maximum aggregate amount of all Loans made to any Borrower at any one time outstanding shall not exceed the lesser of (a) the Commitment, and (b) such Borrower’s Borrowing Limit. During the Commitment Period, each Borrower may utilize the Revolving Credit by borrowing, repaying and reborrowing Loans in whole or in part, all in accordance with the terms and conditions of this Agreement. Loans shall be made available to the Borrowers on a first come, first served basis, provided, that, if the amount of Loans which some or all Borrowers would otherwise request on the same Business Day would exceed the Available Commitment, the Available Commitment will be apportioned among the Borrowers in accordance with resolutions adopted by the boards of directors of the Borrowers and the results of such apportionment will be reported in writing to the Lender by the Adviser.

  • Swing Loan Commitment (a) Subject to the terms and conditions set forth in this Agreement, the Swing Loan Lender agrees to lend to the Borrower (the “Swing Loans”), and the Borrower may borrow (and repay and reborrow), in Dollars only, from time to time between the Closing Date and the date which is five (5) Business Days prior to the Revolving Credit Maturity Date upon notice by the Borrower to the Swing Loan Lender given in accordance with this §2.5, such sums as are requested by the Borrower for the purposes set forth in §2.9 in an aggregate principal amount at any one time outstanding not exceeding the Swing Loan Commitment; provided that in all events (i) no Default or Event of Default shall have occurred and be continuing; (ii) the outstanding principal amount of the Revolving Credit Loans and Swing Loans (after giving effect to all amounts requested) plus the Letter of Credit Liabilities shall not at any time exceed the Total Revolving Credit Commitment, and (iii) the sum of (A) the outstanding principal amount of the Revolving Credit Loans, Term Loans and Swing Loans, plus the Letter of Credit Liabilities and (B) the aggregate amount of all other Unsecured Indebtedness of REIT and its Subsidiaries shall not cause a violation of the covenants set forth in §§9.3, or 9.4. Notwithstanding anything to the contrary contained in this §2.5, the Swing Loan Lender shall not be obligated to make any Swing Loan at a time when any other Revolving Credit Lender is a Defaulting Lender, unless the Swing Loan Lender is satisfied that the participation therein will otherwise be fully allocated to the Revolving Credit Lenders that are Non-Defaulting Lenders consistent with §2.13(c) and the Defaulting Lender shall not participate therein, except to the extent the Swing Loan Lender has entered into arrangements with the Borrower or such Defaulting Lender that are satisfactory to the Swing Loan Lender in its good faith determination to eliminate the Swing Loan Lender’s Fronting Exposure with respect to any such Defaulting Lender, including the delivery of cash collateral. Swing Loans shall constitute “Revolving Credit Loans” for all purposes hereunder. The funding of a Swing Loan hereunder shall constitute a representation and warranty by the Borrower that all of the conditions set forth in §11 have been satisfied on the date of such funding. The Swing Loan Lender may assume that the conditions in §11 have been satisfied unless the Swing Loan Lender has received written notice from a Revolving Credit Lender that such conditions have not been satisfied. Each Swing Loan shall be due and payable within five (5) Business Days of the date such Swing Loan was provided and the Borrower hereby agrees (to the extent not repaid as contemplated by §2.5(d)) to repay each Swing Loan on or before the date that is five (5) Business Days from the date such Swing Loan was provided. A Swing Loan may not be refinanced with another Swing Loan.

  • Revolving Credit Loans The Borrower shall repay to the Administrative Agent for the ratable account of the Appropriate Lenders on the applicable Maturity Date for the Revolving Credit Facilities of a given Class the aggregate principal amount of all of its Revolving Credit Loans of such Class outstanding on such date.

  • Loan Commitment Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Company herein set forth, the Lender hereby agrees to lend to the Company on the Closing Date and thereafter up to $16,000,000 in the aggregate (the "Loan") consisting of $8,000,000 of 7-year Tranche advances and $8,000,000 of 10-year Tranche advances. The Lender's commitment to make the Loan to the Company pursuant to this Section 2.1 is herein called the "Loan Commitment."

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