Tranche B Term Borrowing definition

Tranche B Term Borrowing means a Borrowing comprised of Tranche B Term Loans.
Sample 1Sample 2Sample 3
Tranche B Term Borrowing means a borrowing consisting of simultaneous Tranche B Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Tranche B Term Lenders pursuant to Section 2.01(c).
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3

Examples of Tranche B Term Borrowing in a sentence

  • Each Term Borrowing, each Tranche B Term Borrowing, each Tranche C Term Borrowing, each Revolving Credit Borrowing, each conversion of Term Loans or Revolving Credit Loans from one Type to the other, and each continuation of Eurodollar Rate Loans shall be made upon the Borrower’s irrevocable notice to the Administrative Agent.

  • The Tranche B Term Borrowing shall consist of Tranche B Term Loans made simultaneously by the Tranche B Term Lenders in accordance with their respective Tranche B Term Commitments.


More Definitions of Tranche B Term Borrowing

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 are ordinarily, in the absence of contingencies, entitled to vote for the e...
Sample 1
Tranche B Term Borrowing means a Borrowing comprised of Tranche B Term Loans. "Tranche B Term Loan Closing Date" shall mean the date on which Tranche B Term Loans are made. "Tranche B Term Loan Repayment Amount" shall have the meaning assigned to such term in Section 2.11(b). "Tranche B Term Loan Repayment Date" shall have the meaning assigned to such term in Section 2.11(b). "Tranche B Term Loans" shall mean the term loans made by the Lenders to the Borrower pursuant to clause (b) of Section 2.01. Each Tranche B Term Loan shall be either a Eurodollar Term Loan or an ABR Term Loan. "Transactions" shall have the meaning assigned to such term in Section 3.02. "Type", when used in respect of any Loan or Borrowing, shall refer to the Rate by reference to which interest on such Loan or on the Loans comprising such Borrowing is determined. For purposes hereof, the term "Rate" shall include the Adjusted LIBO Rate and the Alternate Base Rate. "wholly owned Subsidiary" of any person shall mean a subsidiary of such person of which securities (except for directors' qualifying shares) or other ownership interests representing 100 percent of the equity or 100 percent of the ordinary voting power or 100 percent of the general partnership interests are, at the time any determination is being made, owned, controlled or held by such person or one or more wholly owned subsidiaries of such person or by such person and one or more wholly owned subsidiaries of such person. "Withdrawal Liability" shall mean liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA. "Working Capital" shall mean, with respect to any person and its subsidiaries on a consolidated basis at any date of determination, Current Assets for such person at such date of determination minus Current Liabilities for such person at such date of determination; provided, however, that the Working Capital of Adjusted Oak shall equal the Working Capital of the Borrower minus the Working Capital of Connector, after eliminating all intercompany items. "WSNS" shall mean the Borrower's interest in the joint venture Video 44. "WTD" shall mean Wuhan Telecommunication Devices Company, a Sino foreign joint venture limited liability company. SECTION 1.02.
Sample 1
Tranche B Term Borrowing in such Section and replacing each of them with a reference to "Tranche B Replacement Term Loans" or "Tranche B Replacement Term Borrowing", as applicable.
Sample 1
Tranche B Term Borrowing means a Borrowing comprised of Tranche B Term ------------------------ Loans.
Sample 1
Tranche B Term Borrowing means a borrowing consisting of simultaneous Tranche B Advances pursuant to Section 2.02(b).
Sample 1
Tranche B Term Borrowing means a Borrowing comprised of Tranche B Term Loans. "TRANCHE B TERM LOAN REPAYMENT DATE" shall have the meaning assigned to such term in Section 2.11(a)(ii).
Sample 1

Related to Tranche B Term Borrowing

  • Term Borrowing means a borrowing consisting of Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • Term SOFR Borrowing means, as to any Borrowing, the Term SOFR Loans comprising such Borrowing.

  • Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 1.01(c) and as otherwise permitted by Section 1.14.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • 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.

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Tranche B Term Loan as defined in Section 2.1.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.

  • Initial Revolving Borrowing means one or more borrowings of Dollar Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date in an amount not to exceed the aggregate amounts specified or referred to in the definition of “Permitted Initial Revolving Borrowing Purposes.”

  • Tranche C Term Loan as defined in Section 2.1.

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

  • Revolving Credit Borrowing means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Initial Borrowing means the first Borrowing by the Borrower under this Agreement.

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.