Total Tranche B Commitment definition

Total Tranche B Commitment means, at any time, (i) prior to the funding of the Tranche B Loan pursuant to Section 2.01(b), the sum of the Tranche B Commitments at such time and (ii) on and after funding of the Tranche B Loan pursuant to 2.01(b), the outstanding principal amount of the Tranche B Loan at such time.
Total Tranche B Commitment means, at any time, the outstanding amount of the Tranche B Loan at such time.
Total Tranche B Commitment means as of the Effective Date, the sum of the Tranche B Commitments of the Tranche B Lenders. As of the Effective Date, the Total Tranche B Commitment is $100,000,000. Upon the funding of the Tranche B Loans in an amount equal to the Total Tranche B Commitment on the Effective Date, the Tranche B Commitments will be deemed to be zero and will terminate.

Examples of Total Tranche B Commitment in a sentence

  • Once repaid, the Tranche B Loan may not be reborrowed and the Total Tranche B Commitment shall be automatically and permanently reduced by an amount equal to the amount so repaid.

  • Each Revolving Advance shall be in an amount equal to the Minimum Borrowing; provided that any Base Rate Advance or Same Day Dollar Advance may be in the amount of the unused Total Tranche A Commitment or the unused Total Tranche B Commitment, as applicable, and any Tranche B Same Day Multi-Currency Advance may be in the amount of the unused Total Tranche B Commitment.

  • The Existing DIP Credit Agreement is hereby amended by (a) replacing any and all references therein to the "Total Tranche B Credit-Linked Deposit Amount" with "Total Tranche B Commitment" and (b) replacing any and all references therein to the "Tranche B Credit-Linked Deposit Amount" with "Tranche B Commitment".

  • Non compliances are assessed and prioritised by the Legionella Duty Holder, on a day to day basis and action is taken accordingly.

  • With respect to each Tranche B Lender, the percentage (carried out to the ninth decimal place) of the Total Tranche B Commitment represented by such Tranche B Lender’s Tranche B Commitment.


More Definitions of Total Tranche B Commitment

Total Tranche B Commitment means, at any time, the sum of the Tranche B Commitments at such time.
Total Tranche B Commitment means the aggregate amount of the Tranche B Commitments of all Tranche B Lenders, as increased or reduced from time to time pursuant to the terms hereof.
Total Tranche B Commitment means, at any time, the sum of the Tranche B Commitments at such time. The Total Tranche B Commitment shall be $1,960,000,000 on the Closing Date.
Total Tranche B Commitment means, at any time, the sum of all the Tranche B Commitments at such time."
Total Tranche B Commitment means the sum of the Tranche B Commitments of each Tranche B Bank.
Total Tranche B Commitment means the aggregate amount of the Tranche B Commitments of all Tranche B Lenders, as
Total Tranche B Commitment means a principal amount equal to $250,000,000, as reduced from time to time in accordance with Section 2.6.