Tranche B Loans definition

Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

Tranche B Loans shall have the meaning set forth in Section 2.01(b).

Tranche B Loans means the loans made by the Tranche B Lenders pursuant to Section 2.01.

Examples of Tranche B Loans in a sentence

• Committed Tranche B Loans may be Base Rate Loans, Eurocurrency Rate Loans, Canadian Prime Rate Loans, Bankers’ Acceptances or BA Equivalent Notes, as further provided herein.

• Ratable distributions among the Tranche B Lenders under this Section 8.7 shall be made based on the ratio of the individual Tranche B Lender's Commitment for Tranche B Loans to the aggregate of all the Tranche B Lenders' Commitments for Tranche B Loans.

• Tranche B Loans or Tranche C Loans owing to such Defaulting Lender, then the Tranche A Borrowers, TCCI or TFA, as applicable, shall pay or cause to be paid a ratable payment of principal and interest to all Tranche A Lenders, Tranche B Lenders or Tranche C Lenders, as applicable, who are not Defaulting Lenders.

• Committed Tranche B Loans may be Base Rate Loans, Eurocurrency Rate Loans or Canadian Prime Rate Loans, as further provided herein.

• Each Borrowing under this Section shall be in an aggregate principal amount of not less than (x) for Tranche A Loans, $500,000, and integral multiples of $100,000 in excess thereof, and (y) for Tranche B Loans, $5,000,000, and integral multiples of $1,000,000 in excess thereof.

More Definitions of Tranche B Loans

Tranche B Loans means loans made by the Lenders to the Borrower pursuant to this Agreement for the purpose described in Section 5.06(c).

Tranche B Loans means the loans made by the Lenders to the Tranche B Borrower on the Tranche B Closing Date pursuant to Section 2.1(b).

Tranche B Loans. Revolving Credit Loans made by the Lenders pursuant to this Agreement, to the extent such Loans are deemed, pursuant to the provisions of this Agreement, to be a use of the Tranche B Commitment.

Tranche B Loans or a "Tranche B Loan") to the Companies in amounts not to exceed, in the aggregate at any one time outstanding (determined after giving effect to the other transactions contemplated by the Loan Request pursuant to which the applicable Tranche B Loan was requested), the lesser of:

Tranche B Loans means the term loans made by the Lenders to the U.S. Borrower pursuant to clause (a)(ii) of Section 2.01 of this Agreement. Unless the context clearly indicates otherwise, the term “Tranche B Loans” shall include any Incremental Term Loans that are designated as such in the applicable Incremental Assumption Agreement and that are made on terms identical to the Tranche B Loans.

Tranche B Loans means any Loan made with reference to Tranche B Availability.

Tranche B Loans means each Tranche B Term Loan and each Tranche B Roll-Up Loan.