Tranche B Repayment Date definition

Tranche B Repayment Date shall have the meaning provided in Section 2.5(c).
Tranche B Repayment Date shall have the meaning assigned to such term in Section 2.11(a).
Tranche B Repayment Date means the first date on which (i) the Tranche B Commitment shall have been permanently reduced to $0 pursuant to Section 2.12(b) and (ii) the Tranche B Term Loans shall have been repaid in full.

Examples of Tranche B Repayment Date in a sentence

  • At any time and from time to time during the period beginning on May 31, 2003 and ending on the Maturity Date for Tranche B (December 31, 2005), the Holder hereof may demand payment of any or all of the principal amount outstanding under Tranche B by delivering to the Company a written notice specifying the principal amount to be repaid and the date on which such amount shall be repaid (each a "Tranche B Repayment Date").

  • Such notice may be delivered at any time provided that it must be delivered at least 30 days prior to any Tranche B Repayment Date.

  • On each Tranche B Repayment Date the Company shall pay to Holder such principal amount designated in such notice, together with all accrued but unpaid interest on such principal amount, in cash by wire transfer in accordance with the terms hereof.

  • The aggregate Original Sterling Amount of the Tranche B Advances (a "Tranche B Repayment Instalment") repaid by the Borrowers on each Tranche B Repayment Date shall be the amount representing the percentage of the aggregate Original Sterling Amount of the Tranche B Advances made at Closing set out below opposite that Tranche B Repayment Date.

  • Each subsequent repayment instalment under Tranche B will be equal to 1/16 of the aggregate principal amount of Tranche B outstanding on the second Tranche B Repayment Date prior to the repayment being made.


More Definitions of Tranche B Repayment Date

Tranche B Repayment Date means the date falling on the second anniversary of the date of this Agreement.
Tranche B Repayment Date means each date identified in Clause 8.2.
Tranche B Repayment Date. “Tranche B Term Loan”, “Tranche B Term Loan Commitment”, “Tranche B Term Loan Lender” and “Tranche B Term Loan Maturity Date”.
Tranche B Repayment Date is defined in Section 2.11(a).
Tranche B Repayment Date means, initially, the day eighteen months after the date of the drawdown of the first Advance; provided, however, the Lender shall be entitled to conduct a review of the Borrower’s utilization of Advances of Tranche B prior to such initial Tranche B Repayment Date (and annually thereafter until the Commitment Termination Date) and, if following such review, the Lender in its sole and absolute discretion determines to extend the date for repayment of the Advances of Tranche B for twelve months, then the Lender shall notify the Borrower accordingly and the Tranche B Repayment Date then in effect shall be so extended for twelve months.
Tranche B Repayment Date means the first date occurring on or after the Tranche B Conversion Date which is a Tranche A Repayment Date, each Semi-Annual Date thereafter up to and including the Tranche B Institutional Maturity Date, and the Tranche B Institutional Maturity Date, provided that if any such date is not a Banking Day, the relevant Tranche B Repayment Date shall be the next succeeding Banking Day.
Tranche B Repayment Date means the date when all principal and accrued interest on all Tranche B Term Loans and all fees and expenses outstanding as of such date that are payable to the Tranche B Term Loan Lenders in their capacities as such have been repaid in full in cash.