Common use of Tranche B Term Loan Clause in Contracts

Tranche B Term Loan. Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Tranche B Term Loan”) to the Borrower on the date of the First Amendment to this Agreement in an amount not to exceed such Lender’s Tranche B Term Loan Commitment. Amounts repaid on the Tranche B Term Loan may not be reborrowed. The Tranche B Term Loan may consist of Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: First Amendment (Fti Consulting Inc)

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Tranche B Term Loan. Subject to the terms and conditions set forth herein, each Lender severally having a Tranche B Term Loan Commitment as of the Closing Date agrees to make its portion of a term loan (the “Tranche B Term Loan”) to the Borrower on the date of the First Amendment to this Agreement Closing Date in an amount not equal to exceed such Lender’s Tranche B Term Loan Commitment. Amounts repaid on the Tranche B Term Loan may not be reborrowed. The Tranche B Term Loan may consist of Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Bell Inc)

Tranche B Term Loan. Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Tranche B Term Loan”) to the Borrower in Dollars on the date of the First Amendment to this Agreement Closing Date in an amount not to exceed such Lender’s 's Tranche B Term Loan Commitment. Amounts repaid on the Tranche B Term Loan may not be reborrowed. The Each Tranche B Term Loan may consist of Base Rate Loans or Eurodollar Rate Loans, as further provided hereinshall initially bear interest at a rate based on the LIBOR Rate.

Appears in 1 contract

Samples: Credit Agreement (Hooker Furniture Corp)

Tranche B Term Loan. Subject to the terms and conditions set forth herein, each Lender with a Tranche B Term Loan Commitment severally agrees to make its portion of a term loan (the "Tranche B Term Loan") to the Borrower on the date of the First Amendment to this Agreement Closing Date in an amount not to exceed such Lender’s 's Tranche B Term Loan Commitment. Amounts repaid or prepaid on the Tranche B Term Loan may not be reborrowed. The Tranche B Term Loan may consist of Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Biltmore Surgery Center Holdings Inc)

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Tranche B Term Loan. Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Tranche B Term Loan”) to the Borrower in Dollars on the date of the First Amendment to this Agreement Closing Date in an amount not to exceed such Lender’s Tranche B Term Loan Commitment. Amounts repaid on the Tranche B Term Loan may not be reborrowed. The Each Tranche B Term Loan may consist of Base Rate Loans or Eurodollar Rate Loans, as further provided hereinshall initially bear interest at a rate based on the LIBOR Rate.

Appears in 1 contract

Samples: Credit Agreement (Hooker Furniture Corp)

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