Examples of Tranche B-1 Term Loan in a sentence
This is particularly true when it comes to the number of catalogs we produce.
The Borrowers shall prepay all Existing Tranche B-1 Term Loans of Non-Consenting Existing Tranche B-1 Term Loan Lenders and Post-Closing Option Tranche B-2 Lenders with the gross proceeds of the Additional Tranche B-2 Term Loans.
Each Borrowing of Tranche B-1 Term Loans under this Agreement shall be granted by the Tranche B-1 Term Lenders pro rata on the basis of their then-applicable Tranche B-1 Term Loan Commitments.
Borrower hereby certifies to the Administrative Agent and the Lenders that the obligations of the Borrower set forth in the Credit Agreement, as modified by this Amendment, other than the Incremental Tranche A Term Loan, the Tranche B-1 Term Loan and Tranche B-2 Term Loan, qualify as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).
The US Borrower, the Administrative Agent, the New Tranche B1 Term Loan Lenders and the Tranche B2 Term Loan Lenders hereby further acknowledge and agree that the Tranche B2 Term Loans made on the Amendment Number 1 Effective Date shall constitute a separate Series of Tranche B Term Loans and, when funded, will constitute Tranche B Term Loans for all purposes of the Amended Credit Agreement.