Tranche B Commitment Percentage definition

Tranche B Commitment Percentage means, at any time, with respect to each Tranche B Lender, the percentage obtained by dividing its Tranche B Commitment at such time by the Total Tranche B Commitment.
Tranche B Commitment Percentage as to any Tranche B Lender at any time, the percentage of the Tranche B Commitments then constituted by such Tranche B Lender's Tranche B Commitment (or, after the Tranche B Term Loans are made, the percentage of the aggregate Tranche B Term Loans then constituted by such Tranche B Lender's Tranche B Term Loan).
Tranche B Commitment Percentage means at any time, with respect to each Lender, the percentage obtained by dividing its Tranche B Commitment at such time by all Tranche B Commitments at such time.

Examples of Tranche B Commitment Percentage in a sentence

  • Upon the satisfaction (or waiver) of the conditions set forth in Section 4.03, each Tranche B Lender shall make its portion of the Tranche B Loan to the Borrower in the amount equal to such Tranche B Lender’s Tranche B Commitment Percentage of $423,135,000.

  • Tranche A-1 Commitment Percentage Tranche A-2 Commitment Tranche A-2 Commitment Percentage Tranche B Commitment Tranche B Commitment Percentage Bank of America, N.A. £557,000,000.00 100.000000000% £150,000,000.00 100.000000000% $250,000,000.00 100.000000000% Total £557,000,000.00 100.000000000% £150,000,000.00 100.000000000% $250,000,000.00 100.000000000% SCHEDULE 5.06 LITIGATION None.


More Definitions of Tranche B Commitment Percentage

Tranche B Commitment Percentage as to any Bank, the percentage of the aggregate Tranche B Commitments constituted by such Bank's Tranche B Commitment.
Tranche B Commitment Percentage means as to any Tranche B Bank at any time, the percentage which such Tranche B Bank’s Tranche B Commitment then constitutes of the Aggregate Tranche B Commitment Amount (or, at any time after the Commitments of all the Tranche B Banks shall have expired or terminated, the percentage which the aggregate principal amount of such Bank’s Tranche B Loans then outstanding (plus the amount of its participation interest in any Unrefunded Swing Line Advances that are Tranche B Swing Line Advances) constitutes of the aggregate principal amount of the Tranche B Loans of all the Banks then outstanding); provided that when a Defaulting Bank shall exist, “Tranche B Commitment Percentage” shall mean the percentage of the Aggregate Tranche B Commitment Amount (disregarding any Defaulting Bank’s Commitment) represented by such Bank’s Tranche B Commitment; and, if the Tranche B Commitments have terminated or expired, the Tranche B Commitment Percentages shall be determined based upon the Tranche B Commitments most recently in effect (disregarding the Tranche B Commitment Amount of any Bank that is a Defaulting Bank at the time of determination).
Tranche B Commitment Percentage means, as to any Lender, the percentage equivalent of such Lender's Tranche B Commitment, if any, divided by the Aggregate Tranche B Commitment.
Tranche B Commitment Percentage means as to any Tranche B Lender, the percentage which such Tranche B Lender's Tranche B Commitment then constitutes of the Tranche B Commitments of all the Tranche B Lenders (or, after the Tranche B Term Loans are made, the percentage which the outstanding principal amount of such Tranche B Lender's Tranche B Term Loan then constitutes of the aggregate principal amount of Tranche B Term Loans of all the Tranche B Lenders then outstanding).
Tranche B Commitment Percentage means, as to any Bank, the percentage equivalent of such Bank's Tranche-B Commitment divided by the aggregate of the Tranche-B Commitments for all Banks.
Tranche B Commitment Percentage as to any Lender, the percentage set forth in Schedule 1.1C hereto (or if, at any time after the initial Borrowing Date, if all of the LendersTranche B Commitments have been reduced to zero, the percentage which the aggregate amount of such Lender’s Tranche B Advance then outstanding constitutes of the aggregate amount of Lenders’ Tranche B Advances then outstanding).
Tranche B Commitment Percentage means, as to each Tranche B Lender, the ratio, expressed as a percentage, of (a) the amount of such Tranche B Lender's Tranche B Commitment to (b) the aggregate amount of the Tranche B Commitments of all Tranche B Lenders hereunder; PROVIDED, HOWEVER, that if at the time of determination the Tranche B Commitments have terminated or been reduced to zero, the "Tranche B Commitment Percentage" of each Tranche B Lender shall be the Tranche B Commitment Percentage of such Tranche B Lender in effect immediately prior to such termination or reduction.