Tranche B Exposure definition

Tranche B Exposure means, with respect to any Tranche B Lender at any time, the sum of the outstanding principal amount of such Lender’s Tranche B Loans.
Tranche B Exposure as to any Lender at any time, an amount equal to the sum of (a) the Dollar Equivalent of the outstanding aggregate amount of such Lender's Tranche B Loans at such time and (b) such Lender's Applicable Percentage of the Tranche X X/C Obligations then outstanding.
Tranche B Exposure has the meaning specified in the definition ofRequired Lenders.”

Examples of Tranche B Exposure in a sentence

  • Therefore, a large-scale construction project contracted by a nonresident enterprise that takes a year or more to complete will usually give rise to a resident branch.


More Definitions of Tranche B Exposure

Tranche B Exposure means, with respect to each Bank, the amount of its Tranche B Commitment, if still in existence, or the aggregate outstanding principal amount of its Tranche B Loans, if its Tranche B Commitment is no longer in existence.
Tranche B Exposure means, as to any Lender, (i) at any time before the termination of its Tranche B Commitment in its entirety, the amount of its Tranche B Commitment at such time; or (ii) at any time thereafter, if its Tranche B Commitment has terminated in its entirety, its Outstanding Tranche B Amount, all determined at such time after giving effect to any prior assignments by or to such Lender pursuant to Section 11.06(c).
Tranche B Exposure means, with respect to any Lender at any time, the Dollar Equivalent of the aggregate principal amount at such time of all outstanding Tranche B Loans of such Lender.
Tranche B Exposure means, with respect to any Tranche B Lender as of any date of determination (i) prior to the Effective Date, that Lender's Tranche B Commitment and (ii) after the Effective Date, the sum of (a) the principal amount of such Lender's Tranche B Loans then outstanding plus (b) that Lender's undrawn Tranche B Commitments that have not terminated.
Tranche B Exposure means, as of any date of determination, the sum of (i) the Tranche B Revolving Loans outstanding and (ii) all interest, fees and Indemnified Expenses related thereto.
Tranche B Exposure means, at any time, the sum of (a) the aggregate principal amount of all Tranche B Loans outstanding, and (b) the aggregate principal amount of all Swing Loans outstanding under subpart 2 of Section 2.