Term Loan Tranche B definition

Term Loan Tranche B means that portion of the principal amount of the Term Loan not within the scope of Term Loan Tranche A, which meant that the amount thereof (i) was, on the Closing Date, One Hundred Forty Million Dollars ($140,000,000), (ii) was, on the Third Amendment Closing Date, One Hundred Fifty Million Dollars ($150,000,000), and (iii) became, on the Second Restatement Closing Date, One Hundred Fifty-Five Million Dollars ($155,000,000), subject to increase to One Hundred Sixty-Two Million Five Hundred Thousand Dollars ($162,500,000) on the Newhall Advance Date.
Sample 1
Term Loan Tranche B means a portion of the original principal amount of the Term Loan equal to One Hundred Fifty-Six Million One Thousand Three Hundred Sixty One and 07/100 Dollars ($156,001,361.07) as of the Closing Date.
Sample 1

Examples of Term Loan Tranche B in a sentence

  • The Euro Term Loan Tranche B is guaranteed by Spectrum Brands’ wholly owned subsidiary, SB/RH Holdings, LLC, as well as existing and future domestic subsidiaries.

  • They can also include a power of arrest and exclusion of the tenant from their home if the ASB includes the use, or threatened use of violence against other persons or significant risk of harm to other persons from the perpetrator.

  • The apartments, located on floors 3 through 6, will be affordable to seniors at or below 60% of AMI.

  • For the avoidance of doubt, any Term Loan Tranche B Deficiency Claim shall constitute an Unsecured Claim.

  • Holders of Term Loan Tranche B Secured Claims are entitled to vote to accept or reject the Plan].

  • Class 5 - Term Loan Tranche B Secured Claims (a) Classification: Class 5 consists of the Term Loan Tranche B Secured Claims.

  • The issue price for the Euro Term Loan Tranche B was 99.75% of the principal amount.

  • For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a "Revolving Credit Loan", "Tranche A Term Loan", "Tranche B Term Loan" or "Incremental Loan") or by Type (e.g., a "Base Rate Loan", or a "Eurodollar Loan") or by Class and Type (e.g., a "Eurodollar Revolving Credit Loan" or a "Base Rate Revolving Credit Loan"); each Series of Incremental Loans shall be deemed a separate Class of Loans hereunder.

  • Unless otherwise approved by Lender, any prepayment of the Term Loan shall be applied pro rata, based on the respective aggregate principal amounts then outstanding, to Term Loan Tranche A and Term Loan Tranche B, and shall not reduce the amount of any installment payments to Lender.

  • On the Effective Date, the Term Loan Tranche B Claims shall be allowed in the aggregate amount of $289,405,225.15.

Related to Term Loan Tranche B

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loans of such Lender; provided, at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Lender’s Term Loan Commitment.

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

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • 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.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

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

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

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