Examples of Tranche B-3 Term Loans in a sentence
The parties acknowledge that each of the initial Term Loans, Tranche B-1 Term Loans, Tranche B-2 Term Loans, Tranche B-3 Term Loans and Tranche B-4 Term Loans may be referred to as “Tranche B-4 Loans” solely for administrative and operational purposes of the Administrative Agent, and that such references shall not affect the rights or obligations of the Borrower under the Credit Agreement and the Term Notes.
Any proceeds of the Tranche B-4 Term Loans shall be applied on the Fifth Amendment Effective Date to prepay Existing Tranche B-3 Term Loans of Non-Consenting Existing Tranche B-3 Lenders and Post-Closing Option Tranche B-4 Lenders in full.
The Borrower shall prepay all Existing Tranche B-2 Term Loans of Non-Consenting Existing Tranche B-2 Term Loan Lenders and Post-Closing Option Tranche B-2 Lenders with the gross proceeds of the Additional Tranche B-3 Term Loans.
On the Sixth Amendment Effective Date, the Borrower shall use the proceeds of the Tranche B-3 Term Loans to finance a portion of the Sixth Amendment Transactions.
The Borrower covenants and agrees that it will use the proceeds of the Tranche B-3 Term Loans to prepay in full the aggregate principal amount of Existing Loans outstanding on the Amendment No. 3 Effective Date and to pay any interest, fees and/or expenses related thereto.