Examples of Total Tranche B Term Loan Commitment in a sentence
In addition to any other mandatory commitment reductions pursuant to this Section 3.03, the Total Tranche B Term Loan Commitment (and the Tranche B Term Loan Commitment of each Lender with such a Commitment) shall terminate in its entirety on the Restatement Effective Date (after giving effect to the making of Tranche B Term Loans on such date).
The Total Tranche B Term Loan Commitment (and the Tranche B Term Loan Commitment of each Lender) shall terminate in its entirety on the Tranche B Term Loan Commitment Termination Date, after giving effect to all Borrowings of Tranche B Term Loans on such date.
On and after the First Amendment Effective Date, the definition of "Applicable Equity Insurance Percentage" appearing in Section 12.01 of the Credit Agreement shall be amended by inserting the phrase "plus the Total Tranche B Term Loan Commitment" immediately after the phrase "Term Loans" each place such phrase appears in said definition.
On December 31, 2016, if the Total Tranche B Term Loan Commitment prior to giving effect to this sentence exceeds $62,500,000, then on such date the Total Tranche B Term Loan Commitment shall automatically and permanently be reduced to $62,500,000.
The Total Tranche B Term Loan Commitment shall automatically and permanently be reduced by the amount of each Drawing of a Tranche B Term Loan.