Tranche B DIP Lender definition

Tranche B DIP Lender set forth in Section 1.01 of the Existing DIP Credit Agreement is hereby amended and restated in its entirety to read as follows:
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Tranche B DIP Lender means any lender with a Tranche B Commitment hereunder."
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Tranche B DIP Lender means any financial institution or other investor that has a corresponding Tranche B Credit-Linked Deposit Amount hereunder.
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Examples of Tranche B DIP Lender in a sentence

  • Each Tranche B DIP Lender, Electing General Unsecured Claimholder, and any of their permitted designees, successors, or assigns, shall be required to execute and deliver to the Reorganized Debtors a Deed of Adherence (as defined in the Shareholders Agreement) as a condition to receiving any distribution of New Common Equity under the Plan (including any New Common Equity issuable upon exercise of the Warrants).

  • Section 2.03 of the Existing DIP Credit Agreement is hereby deleted in its entirety and replaced with the following: "Upon the terms and subject to the conditions herein set forth, on the Closing Date, each Tranche B DIP Lender, severally and not jointly with the other Tranche B DIP Lenders, agrees to make a loan (each a "Tranche B Loan" and collectively, the "Tranche B Loans") in a principal amount equal to such Tranche B DIP Lender's Tranche B Commitment.

  • Section 8.02(b) of the Existing DIP Credit Agreement is hereby amended by deleting the parenthetical "(except that any amounts to be paid to any Tranche B DIP Lender and required to be deposited pursuant to Section 2.02(b) in its Tranche B Credit-Linked Account shall be so deposited)" in the second sentence thereof in its entirety.

  • Additionally, in consideration for the Tranche B DIP Lenders’ agreement to the DIP Rollover, each Tranche B DIP Lender shall receive, on the Effective Date, its Pro Rata share of 10% of the New Common Stock, subject to dilution on account of the Management Incentive Plan (the “DIP Rollover Premium”).

  • Each such amount will be paid by the Borrowers to the Administrative Agent, for the account of each Tranche B DIP Lender, on the Monthly Payment Date for such calendar month.

  • Amounts on deposit in any such sub-account shall be withdrawn by the Administrative Agent and paid to the relevant Tranche B DIP Lender in satisfaction of any amount subsequently payable by the Borrowers to such Tranche B DIP Lender pursuant to subsection (e) above, and the Borrowers shall not be required to make any payment to such Tranche B DIP Lender pursuant to subsection (e) above until the amounts on deposit in such sub-account of such Tranche B DIP Lender shall be $0.

  • The Borrowers shall pay to the Administrative Agent, for the account of each Tranche B DIP Lender, for each calendar month, an amount equal to (i) the Tranche B Fixed Return Rate minus (ii) the Tranche B Actual Return Rate, in each case with respect to such Tranche B DIP Lender for such calendar month (but only if such amount constituting the difference between the amounts provided for in items (i) and (ii) above is greater than $0).

  • In this case no significant changes may be made in the original public service obligations or in other contract terms.3. If the principal reserves the right to apply negotiations pursuant to subsection 1 or 2, this must be clear from the invitation to tender.

  • In the event that the Tranche B Actual Return Rate with respect to any Tranche B DIP Lender for any calendar month exceeds the Tranche B Fixed Return Rate with respect to such Tranche B DIP Lender for such calendar month, such excess amount shall be held in a separate sub-account of the Tranche B Credit-Linked Account of such Tranche B DIP Lender.

Related to Tranche B DIP Lender

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

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

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

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • 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 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.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

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

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

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • 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 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.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

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

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.