Tranche B Borrowers definition

Tranche B Borrowers means BlackRock Floating Rate Income Portfolio and BlackRock Secured Credit Portfolio.
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Tranche B Borrowers means the Parent Borrower and the Tranche B Designated Subsidiary Borrowers.
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Tranche B Borrowers means collectively, the Borrower and the NY Borrowers.
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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.


More Definitions of Tranche B Borrowers

Tranche B Borrowers means BlackRock Floating Rate Income Portfolio and such other Borrowers as may be so designated from time to time in an effective Joinder. 1 New language is presented in bold solely for the purposes of highlighting the amendments.
Sample 1
Tranche B Borrowers means BlackRock Floating Rate Income Portfolio, a series of BlackRock Fund V, and BlackRock Floating Rate Loan ETF, a series of BlackRock ETF Trust II, and such other Borrowers as may be so designated from time to time in an effective Joinder.
Sample 1
Tranche B Borrowers means the Companies listed in Part A of Schedule 1 (The Original Parties) as Tranche B Borrowers and any Additional Borrower which becomes a party hereto as a Borrower under the Tranche B Facility.
Sample 1

Related to Tranche B Borrowers

  • 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.

  • Co-Borrowers has the meaning specified in the introductory paragraph to 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 Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • U.S. Borrowers have the meanings specified in the preamble to this Agreement.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

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

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

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.

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

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

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

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

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

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Term Lenders means those Lenders having Term Loan Commitments.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

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

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

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