Tranche B Banks definition

Tranche B Banks has the meaning specified in the preamble hereto.
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Tranche B Banks mean the Syndicated Banks that provide the Tranche B Facility to the Borrower.
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Tranche B Banks. The Banks funding the Tranche B Loans, as designated on Schedule 1.1 attached hereto.
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Examples of Tranche B Banks in a sentence

  • The obligation of the Borrower to pay such fees in accordance with the provisions hereof shall be binding upon the Borrower and shall inure to the benefit of the Administrative Agent, the Fronting Bank and the Tranche B Banks regardless of whether any Loans are actually made.

  • After providing an opportunity for community input on April 27, 2015, at the recommendation of Commissioner Mitchell Chester, BESE voted to designate the Holyoke Public Schools chronically underperforming (Level 5) on April 28, 2015, placing the district into state receivership.

  • Varia- tion in cell MEA contact pressure for a 100-cell stack with properties of Table 2 is shown in Fig.

  • The Asian Borrowers shall make each payment owing to the Tranche B Banks under this Agreement in respect of Tranche B Loans not later than 11:00 (local time) on the day when due in the applicable Available Asian Currency to the Tranche B Agent at the Tranche B Agent's address referred to in Section 12.02 in such Applicable Asian Country in same day funds.

  • The Tranche B Total Commitment shall be reduced automatically on a monthly basis as of the first day of each calendar month based on a fifteen (15) year amortization schedule to an amount equal to or less than the amount set forth on SCHEDULE 2.2. Upon each such reduction, the Tranche B Commitments of each of the Tranche B Banks shall be reduced pro rata in accordance with its Tranche A Commitment Percentage and the Borrower shall make any prepayments required by Section 3.2(b) hereof.

  • In respect of Tranche B Loans denominated in Australian dollars, the procedures set forth on Schedule 3.01 for establishing bills of exchange relating to the Bank Bill Rate shall be adhered to by any Asian Borrower xxxxowing Australian dollars hereunder and the Tranche B Banks.

  • The Agent and the Tranche B Banks also acting as the underwriter may trust that documents affixed with such seal or signature of the Issuer are documents with valid authorization from and legally signed by the Issuer and that the details therein are truthful and correct.

  • Subject to the terms and conditions hereof and in reliance upon the warranties of the Borrower herein, the Tranche B Banks agree to make additional term loans (the "Tranche B Term Loans") to the Borrower not later than December 31, 2002, in such amount as the Borrower shall request, but not exceeding the Tranche B Amounts of the Tranche B Banks.

  • The Administrative Agent shall, promptly after receiving notice from the Borrower hereunder, notify each Tranche A Bank or Tranche B Bank of the principal amount of the Loans held by such Bank which are to be prepaid, the prepayment date and the manner of application of the prepayment; PROVIDED, that as long as Tranche B Loans shall be outstanding, any prepayments received shall be applied first PRO RATA to the Tranche B Banks in reduction of the then outstanding Obligations under such Tranche B Loans.

  • Each Tranche B Bank's contingent liability shall be in proportion borne by its Available Tranche B Commitment to the Available Tranche B Facility immediately prior to the acceptance of such Bills by the Canadian Dollar Agent.


More Definitions of Tranche B Banks

Tranche B Banks is defined in the introductory paragraph of the Credit Agreement. .
Sample 1
Tranche B Banks means the Banks listed on Schedule 2 hereto and any assignees of such Banks or New Banks which hereafter become parties hereto having a Tranche B Commitment pursuant to and in accordance with Section 10.8(b) or 10.8(d) hereof; and "Tranche B Bank" shall mean any one of the foregoing Banks.
Sample 1
Tranche B Banks means, those Banks identified from time to time as Tranche B Banks on the signature page to this Agreement.
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Related to Tranche B Banks

  • Tranche B Lenders means First Union National Bank and shall include the several banks and other financial institutions from time to time party to the Credit Agreement that commit to make the Tranche B Loans.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Tranche B Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TCCI pursuant to Section 2.1(b) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche B Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Commitment means, with respect to each Lender, the commitment of such Lender to make Tranche A Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Tranche A Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09, (b) increased from time to time pursuant to Section 2.26 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.

  • Tranche C Lender means a Lender with a Tranche C Commitment or an outstanding Tranche C Term Loan.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Tranche A Lenders means First Union National Bank and shall include the several banks and other financial institutions from time to time party to the Credit Agreement that commit to make the Tranche A Loans.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Tranche C means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche C Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche C” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche C Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Facility A Commitment means, with respect to each Facility A Lender, the commitment, if any, of such Lender to make Facility A Revolving Loans and to acquire participations in Facility A Letters of Credit, Facility A Protective Advances and Facility A Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility A Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility A Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility A Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility A Commitments is $150,000,000.