Aggregate Tranche B Commitments definition
Examples of Aggregate Tranche B Commitments in a sentence
Simultaneously with each reduction of the Aggregate Tranche B Commitments, the Borrower shall pay the Tranche B Commitment Fee accrued on the amount by which the Aggregate Tranche B Commitments has been reduced.
The Borrower shall have the right, upon at least three Business Days' prior written notice from the Borrower to the Administrative Agent, at any time to terminate the Aggregate Tranche B Commitments or from time to time to reduce permanently the unused amount of the Aggregate Tranche B Commitments to an amount not less than the aggregate principal amount of outstanding Tranche B Loans (after giving effect to any contemporaneous payment or prepayment of Tranche B Loans).
Notwithstanding anything to the contrary in any Loan Document, the Aggregate Tranche B Commitments shall terminate on the Tranche B Conversion Date.
The Aggregate Tranche B Commitments once terminated or reduced pursuant to this Section 2.03(b) may not be reinstated.
The Aggregate Tranche B Commitments once reduced pursuant to this Section 2.03(c) may not be reinstated.