Tranche B Loan has the meaning specified in Section 2.01(b).
Tranche B Loan means a Loan under the Tranche B Facility and identified as such in its Request.
Examples of Tranche B Loan in a sentence
In September 2019, the Government proactively exercised its rights under the Intercreditor Agreement, to purchase the lenders’ rights and interests under the Tranche B Loan Agreement, at a cost of US$88.5 million.
More Definitions of Tranche B Loan
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 term loan made or to be made hereunder to the Borrower pursuant to Section 2.2.
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 means the Tranche B Loan made by the Lender on the Tranche B Funding Date pursuant to Section 2.01(b) hereof.
Tranche B Loan means each loan made by a Lender to the Borrowers from time to time pursuant to its Tranche B Commitment in accordance with Sections 2.1.2 and 2.3.
Tranche B Loan means a Loan made pursuant to clause (b) of Section 2.01.
Tranche B Loan means a Loan made pursuant to Section 2.01(b).