Tranche B Bank definition

Tranche B Bank means a Bank with a Tranche B Commitment or an outstanding Tranche B Term Loan.
Tranche B Bank means a Bank with a Tranche B Commitment and/or Tranche B Accommodations Outstanding.
Tranche B Bank means each Bank with a Tranche B Commitment Amount greater than $0.

Examples of Tranche B Bank in a sentence

  • The Borrower shall pay to the Administrative Agent for the account of each Tranche B Bank (other than any Defaulting Bank) an undrawn fee (the “Tranche B Undrawn Fee” and, together with the Tranche A Undrawn Fee, the “Undrawn Fees”), for each day up to but excluding the earlier of the date such Bank’s Tranche B Commitment is terminated and the Tranche B Commitment Termination Date, on the daily average amount of such Bank’s Tranche B Commitment which is unused, equal to the corresponding Applicable Margin.

  • The Borrower hereby promises to pay to the Administrative Agent for the account of each Tranche B Bank the Tranche B Accommodations Outstanding together with all accrued interest and Fees and all other amounts payable to the Tranche B Banks in connection with this Agreement, on the Tranche B Commitment Termination Date.


More Definitions of Tranche B Bank

Tranche B Bank meansy any Bank with a Tranche B Commitment.
Tranche B Bank means each Bank having a Tranche B Commitment.
Tranche B Bank means a Bank that has made a Bank Tranche B Construction Loan."
Tranche B Bank means a Bank that is a Non-QII Bank.
Tranche B Bank means any Bank with a Tranche B Commitment or, -------------- after the termination of the Tranche B Commitments, any Bank with outstanding Tranche B Loans.
Tranche B Bank means each of the financial institutions party to this Agreement and named as a Tranche B Bank on the signature pages hereof or which becomes a party to this Agreement pursuant to an Assignment and Acceptance from a Tranche B Bank in accordance with Section 12.06 or becomes a Tranche B Bank by virtue of Section 3.06(b).
Tranche B Bank means a Tranche B-1 Bank, Tranche B-2 Bank or Tranche B-3 Bank, or any combination thxxxxx (xx xxx xxxxxxx requires).