Tranche B Borrowing means a borrowing consisting of simultaneous Tranche B Loans of the same Type and, in the case of Libor Rate Loans, having the same Interest Period made by each of the Tranche B Lenders pursuant to Section 2.2(b).
Tranche B Borrowing means a borrowing consisting of simultaneous Tranche B Advances of the same Type made by each of the Tranche B Lenders pursuant to Section 2.01(a).
Examples of Tranche B Borrowing in a sentence
Each Tranche B Borrowing shall be in an amount not less than the Revolving Credit Borrowing Minimum or the Revolving Credit Borrowing Multiple in excess thereof and shall consist of Tranche B Advances of the same Type and in the same currency made on the same day by the Tranche B Lenders ratably according to their respective Tranche B Commitments.
More Definitions of Tranche B Borrowing
Tranche B Borrowing means Tranche B Term Loans of the same Class and Type made, converted or continued on the same date and, in the case of Eurocurrency Loans, as to which a single Interest Period is in effect.
Tranche B Borrowing means Tranche B Loans made on the same day by the Tranche B Lenders ratably according to their respective Tranche B Commitments.
Tranche B Borrowing means, initially, the borrowing consisting of simultaneous Tranche B Advances by the Tranche B Lenders on the Funding Date. After the Tranche B Advances are outstanding, "Tranche B Borrowing" means a portion of the Tranche B Advances (as to which each Tranche B Lender has a ratable part) that (a) bears interest by reference to the Base Rate or (b) bears interest by reference to the Eurodollar Rate and has a single Interest Period.
Tranche B Borrowing means a group of Tranche B Loans of a single Type made by the Lenders on a single date and as to which a single Interest Period is in effect.
Tranche B Borrowing means the designation of Revolving Advances as Tranche B Advances pursuant to Section 2.01(a) or Converted by each Lender to Tranche B Advances of a different Type pursuant to Section 2.02(b).
Tranche B Borrowing means the Borrowing made of all of Tranche B of the Loan by the Lenders in favor of the Co-Borrowers, after the Tranche A Borrowing as provided by Section 2.1.2 of this Agreement, for the purposes provided in paragraph (iii) of Section 2.1.6 of this Agreement once the Tranche B Borrowing Conditions have been met.
Tranche B Borrowing means a borrowing consisting of simultaneous Tranche B Loans made to an Asian Borrower by the Tranche B Banks pursuant to Section 3.01.