Tranche B Term Advance definition

Tranche B Term Advance means a loan made or to be made under the Tranche B Term Facility or the principal amount outstanding for the time being of that loan.
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Tranche B Term Advance has the meaning specified in Section 2.01(b).
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Tranche B Term Advance means an advance (as from time to time consolidated, divided or reduced by repayment) made or to be made by the Banks under the Tranche B Term Facility.
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Examples of Tranche B Term Advance in a sentence

  • Subsequent measurement based on the classification of the financial liabilities in one of the following two categories under FRS 39 is as follows: 1.

  • Each Tranche B Term Lender severally agrees, on the term and conditions hereinafter set forth, to make a single advance (a "Tranche B Term Advance") to the Borrower on the date hereof in an amount not to exceed such Lender's Tranche B Term Commitment at such time.

  • Each mandatory prepayment of a Tranche B Term Advance required by Section 2.6(c) shall be applied to the scheduled principal installments of the Tranche B Term Advances (including the installment of Tranche B Term Advances due on the Maturity Date) in the inverse order of maturity until such time as the Tranche B Term Advances are repaid in full.

  • No Borrower may re-borrow any Tranche A Term Advance or, as the case may be, any Tranche B Term Advance repaid or prepaid.

  • Subject to the terms and conditions hereof, each Tranche B Term Lender with a Tranche C Term Commitment severally agrees to exchange its Tranche B Term Advance for a like principal amount in Dollars of Tranche C Term Advances on the Amendment No. 7 Effective Date, and from and after the Amendment No. 7 Effective Date such Tranche B Term Advance shall be deemed refinanced in full and such Tranche C Term Advances shall be deemed made hereunder.

  • Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a "Tranche B Term Advance") to the Borrower from time to time on any Business Day during the period from the date hereof until the Tranche B Termination Date in an aggregate amount not to exceed at any time outstanding such Lender's Tranche B Term Commitment on such Business Day.

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  • Each Tranche B Term Lender severally --------------------------- agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "Tranche B Term Advance") to the Borrower on the Effective Date in an amount not to exceed such Lender's Tranche B Term Commitment at such time.

  • Each Tranche B Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "Tranche B Term Advance") to the Borrowers on the Effective Date in an amount not to exceed such Lender's Tranche B Term Commitment at such time.

  • Each Utilisation of a Tranche B Term Advance will be applied in or towards financing or refinancing the acquisition of the Preference Shares pursuant to the Preference Share Offer.


More Definitions of Tranche B Term Advance

Tranche B Term Advance means an advance made by any Tranche B Term Lender pursuant to Section 2.01(b).
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Tranche B Term Advance has the meaning specified in Section 2.01(c). "TRANCHE B TERM BORROWING" means a borrowing consisting of simultaneous Tranche B Term Advances of the same Type made by the Tranche B Term Lenders. 45 40 "TRANCHE B TERM COMMITMENT" means, with respect to any Tranche B Term Lender at any time, the amount set forth opposite such Lender's name on Schedule I hereto under the caption "Tranche B Term Commitment" or, if such Lender has entered into one or more Assignment and Acceptances, the amount set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Lender's "Tranche B Term Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.05. "TRANCHE B TERM FACILITY" means, at any time, the aggregate amount of the Term Lenders' Tranche B Term Commitments at such time. "TRANCHE B TERM LENDER" means any Lender that has a Tranche B Term Commitment. "TRANCHE B TERM NOTE" means a promissory note of the U.S. Borrower payable to the order of any Tranche B Term Lender, in substantially the form of Exhibit A-4 hereto, evidencing the indebtedness of the U.S. Borrower to such Lender resulting from the Tranche B Term Advance made by such Lender, as amended. "TRANSACTION" means the Recapitalization and the other transactions contemplated by the Transaction Documents. "TRANSACTION DOCUMENTS" means, collectively, the Loan Documents and the Related Documents. "TYPE" refers to the distinction among Advances bearing interest based on the Base Rate, Advances bearing interest based on the Eurodollar Rate and Advances bearing interest based on the Euro Rate. "UNUSED REVOLVING CREDIT COMMITMENT" means, with respect to any Revolving Credit Lender at any time, (a) such Lender's Revolving Credit Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Revolving Credit Advances made by such Lender and outstanding at such time plus (ii) such Lender's Pro Rata Share of (A) the aggregate Available Amount of all Letter of Credit outstanding at such time, (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Bank pursuant to Section 2.03(c) and outstanding at such time and (C) the Swing Line Reserve at such time. "U.S. BORROWER" has the meaning specified in the recital of parties to this Agreement. "VOTING INTERESTS" means shares of capital stock issued by a corporation, or equivalent Equity Interests in any other Person, the holders of which ar...
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Tranche B Term Advance in its entirety and inserting the following definition in its place:
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Tranche B Term Advance has the meaning specified in Section 1.01 of this Credit Agreement, as in effect prior to the Amendment No. 7 Effective Date.
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Tranche B Term Advance and “Tranche B Term Advances” have the meaning assigned in Section 2.1(c).
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Tranche B Term Advance means a borrowing under the Tranche B Term Loan Facility pursuant to Section 2.03(a) hereof; collectively, the “Tranche B Term Advances”.
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Related to Tranche B Term Advance

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Tranche B Term Loan Maturity Date means April 9, 2020 (or if such date is not a Business Day, the immediately preceding Business Day) or such earlier date as may result from the operation of Section 2.08(b), if applicable.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Tranche A Term Note shall have the meaning provided in Section 1.05(a).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.