Examples of Tranche B Borrowers in a sentence
Within the foregoing limits and subject to the terms and conditions set forth herein, the Tranche B Borrowers may borrow, prepay and reborrow Tranche B Revolving Loans and issue and sell drafts drawn as BAs.
On the Termination Date, the Tranche B Borrowers, jointly and severally, agree to repay the entire outstanding principal amount of, and all accrued but unpaid interest on, the Tranche B Loans.
The Tranche B Loans made by each Lender to or for the benefit of any Tranche B Borrower shall, in addition to this Agreement, also be evidenced by a promissory note executed by the Tranche B Borrowers substantially in the form of Exhibit G, payable to the order of such Lender in a principal amount equal to the amount of such Lender’s Tranche B Commitment as in effect on the Fifth Amendment Effective Date (or the date such Lender receives an assignment of such Commitment) and otherwise duly completed.
Without limiting Tranche B Borrower's foregoing obligations, if, at any time, Tranche B Borrower or any of its Domestic Subsidiaries receives a remittance directly from an Account debtor or asset buyer, then such Borrower shall make and shall cause each Domestic Subsidiary to make entries on its books and records in a manner that shall reasonably identity such remittances and shall keep a separate account on its record books of all remittances so received and deposit the same into a Special Account.
In connection with this Amendment and the extension of Tranche B, Borrowers agree to pay to Bank an amendment fee in the amount of $75,000.00.
In connection with Tranche B, Borrowers will pay to Bank an arrangement fee in the amount of $200,000.00.
Within the foregoing limits and subject to the terms and conditions set forth herein, the Tranche B Borrowers may borrow, prepay and reborrow Tranche B Loans and issue and sell drafts drawn as BAs.
Tranche B Borrower shall also establish and maintain a deposit account, which shall contain only proceeds, including Net Cash Proceeds from Permitted Disposition or Recovery Event, of Tranche B Borrower's and its Domestic Subsidiaries' Accounts ("Special Account") with each Bank.
In connection with this Amendment and the extension of Tranche B, Borrowers agree to pay to Bank an amendment fee in the amount of $100,000.00.
This Note, the other Tranche B Notes executed by the Tranche B Borrowers, and the Tranche A Borrower Notes together renew and reduce the aggregate principal amount evidenced by, and amend and restate the terms of, those certain Revolving Notes dated as of October 6, 2006, in the aggregate principal amount of $225,000,000, previously executed and delivered by the Morgans Group LLC.