Tranche B Facility definition

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

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Tranche B Facility means, at any time, the aggregate amount of the Tranche B Lenders’ Tranche B Revolving Credit Commitments at such time.

Tranche B Facility means the Facility providing for the Tranche B Commitment and the Tranche B Loans.

Examples of Tranche B Facility in a sentence

• Without limiting the generality of the foregoing, the Administrative Agent may require that (x) any payment by any Borrower due under this Agreement, other than any payment to be made in respect of the Tranche B Facility, be made in the United States and (y) any payments to be made by TCCI in respect of the Tranche B Facility be made in Canada.

• Such amendment shall include such changes as the Agent and the Borrowers shall deem necessary or desirable to clarify the administration of the Tranche A Facility or the Tranche B Facility and the Tranche A Borrowing Base or the Tranche B Borrowing Base hereunder in a manner consistent with this Agreement.

• The Lenders under the Tranche A Facility and Tranche B Facility will be required to make such payments and reallocations to one another as the Agent shall see fit in order to effect this reallocation, as a condition to the effectiveness of any amendment instituting the Tranche A Exchange.

• If amounts are outstanding under the Tranche B Facility at the time of the Tranche A Exchange, such amounts up to the applicable Tranche A Line Cap shall be deemed outstanding under the Tranche A Facility.

• Each Revolving Credit Borrowing under the Tranche B Facility 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 Eurocurrency Rate Advances in the same currency made on the same day by the Lenders ratably according to their respective Tranche B Revolving Credit Commitments.

More Definitions of Tranche B Facility

Tranche B Facility means the Tranche B Revolver Commitments of the Tranche B Revolving Lenders and the Tranche B Revolving Loans pursuant to those Tranche B Revolver Commitments resulting from a Tranche B Exchange Offer, if any.

Tranche B Facility means at any time, (a) on or prior to the Effective Date, the aggregate amount of the Tranche B Commitments at such time and (b) thereafter, the aggregate principal amount of the Tranche B Loans of all Tranche B Lenders outstanding at such time.

Tranche B Facility means, at any time, the aggregate principal amount of Tranche B Loans outstanding at such time.

Tranche B Facility means the HK dollar term loan facility granted to the Company under Clause 3.1.2 (Grant of the Project Base Debt Facilities).

Tranche B Facility means the financing available under the Tranche B Commitments.

Tranche B Facility means the HK dollar revolving credit facility granted to the Company under Clause 3.1.2 (Tranche B Facility).

Tranche B Facility means the term loan facility made available under this Agreement as described in Clause 2.2 (Tranche B Facility).