Springdale Tranche B Facility definition

Springdale Tranche B Facility has the meaning set forth in Preliminary Statement (2) of this Agreement.
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Springdale Tranche B Facility has the meaning set forth in Section 8.10.
Sample 1
Springdale Tranche B Facility shall notionally be comprised of Advances in an aggregate principal amount equal, as of the Refinancing Closing, to $150,000,000; and (c) the "Springdale Tranche C Facility" shall notionally be comprised of Advances in an aggregate principal amount equal, as of the Refinancing Closing, to $25,788,042.45. The aggregate principal amount of each of the Springdale Tranche A Facility, the Springdale Tranche B Facility, and the Springdale Tranche C Facility shall be recalculated from time to time in accordance with Section 2.01 of the Security Agreement. In addition, for purposes of the calculations and matters relating to rights in Collateral, as set forth in the Security Agreement and the Mortgages (other than Mortgages securing New Money Obligations and the Springdale Obligations), (i) notwithstanding that Advances (or any portion thereof) under each of the Springdale Tranche B Facility, and the Springdale Tranche C Facility are secured by the Springdale Assets, to the extent that such Advances (or any portion thereof) have not become secured by the Group Assets in accordance with the Security Agreement and the other Collateral Documents, such Advances shall be referred to herein and in the other Financing Documents as "Unsecured Loan Advances"; and (ii) Advances under the Springdale Tranche A Facility, and Advances (or any portion thereof) under each of the Springdale Tranche B Facility, and the Springdale Tranche C Facility which have become secured by the Group Assets in accordance with the Security Agreement and the other Collateral Documents, shall be referred to herein and in the other Financing Documents as "Secured Loan Advances".
Sample 1

Examples of Springdale Tranche B Facility in a sentence

  • Consultancy services which are required to execute the project should be obtained from Indian consultancy firms.

  • The aggregate principal amount of each of the Springdale Tranche A Facility, the Springdale Tranche B Facility, and the Springdale Tranche C Facility shall be recalculated from time to time in accordance with Section 2.01 of the Security Agreement.

Related to Springdale Tranche B Facility

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Term B Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term B Commitments at such time and (b) thereafter, the aggregate principal amount of the Term B Loans of all Term B Lenders outstanding at such time.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Tranche A Commitment means, with respect to each Lender, the commitment of such Lender to make Tranche A Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Tranche A Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09, (b) increased from time to time pursuant to Section 2.26 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan as defined in Section 2.1.