Tranche B Loan means an extension of credit by a Lender to TCCI under Article II and shall, unless the context otherwise requires, be deemed to include Drafts accepted or purchased by any such Lender, and BA Equivalent Notes issued to such Lender in exchange for Drafts, including a Loan converted to a term Loan pursuant to Section 2.13(c). Tranche B Loans may be denominated in Canadian Dollars (as Canadian Prime Rate Loans, Bankers’ Acceptances, Drafts or BA Equivalent Notes), US Dollars (as Base Rate Loans or Eurocurrency Rate Loans) or any Alternative Currency (as Eurocurrency Rate Loans).
Tranche B Loan means the Loans made pursuant to the Tranche B Commitment.
Examples of Tranche B Loan in a sentence
Each Tranche A Loan and Tranche B Loan shall be a Yen LIBOR Loan or, solely upon the occurrence of an event described inSection 8.1,8.2 or 8.5, a Substitute Rate Loan, as further provided herein.
More Definitions of Tranche B Loan
Tranche B Loan means a loan made or to be made under Tranche B of the Facility or the principal amount outstanding for the time being of that loan.
Tranche B Loan means an extension of credit by a Lender to TCCI under Article II in the form of a Committed Loan. Tranche B Loans may be denominated in Canadian Dollars (as Canadian Prime Rate Loans or Eurocurrency Rate Loans), US Dollars (as Base Rate Loans or Eurocurrency Rate Loans) or any Alternative Currency (as Eurocurrency Rate Loans).
Tranche B Loan is defined in Section 2.2(a)(ii).
Tranche B Loan means a Loan made pursuant to Section 2.01(b).
Tranche B Loan means a Loan made pursuant to clause (b) of Section 2.01.