Tranche B Term Borrowings definition

Tranche B Term Borrowings means a borrowing made on the Amendment and Restatement Effective Date with respect to Tranche B Term Loans consisting of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period, made by Tranche B Term Lenders pursuant to the Amendment and Restatement Agreement.
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Tranche B Term Borrowings means Tranche B Dollar Term Borrowings and Tranche B1 Euro Term Borrowings."
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Examples of Tranche B Term Borrowings in a sentence

  • Following the first year of operation, the course was discontinued due to a lack of interest from students.

  • Neither political statement nor a dynamic about change may have been Pam’s conscious intention, and I think it would be a mistake to focus on whether or not they were unconsciously intended.

  • After giving effect to all Term Borrowings, all Tranche B Term Borrowings, all Tranche C Term Borrowings, all Revolving Credit Borrowings, all conversions of Term Loans or Revolving Credit Loans from one Type to the other, and all continuations of Term Loans or Revolving Credit Loans as the same Type, there shall not be more than ten (10) Interest Periods in effect.

  • In the event of any optional prepayment of Tranche B TermBorrowings or Incremental Tranche B Term Borrowings, the Borrower shall select Term Borrowings to be prepaid so that the aggregate amount of such prepayment is allocated between Tranche B Term Borrowings and Incremental Tranche B Term Borrowings pro rata based on the aggregate principalamount of outstanding Borrowings of each such Class.

  • Any ------------------------------------------------------- prepayment of a Tranche B Term Borrowing shall be applied to reduce the subsequent scheduled repayments of the Tranche B Term Borrowings to be made pursuant to this Section ratably.

  • Section 2.07 of the Credit Agreement is hereby amended by adding the following sentence at the end of paragraph (a) of such Section: Notwithstanding anything herein to the contrary, each Interest Election Request delivered by the Borrower under this Section 2.07 with respect to the Tranche B Term Borrowings shall apply ratably to the Incremental Tranche B Term Borrowings (and vice versa).

  • The outlet was located at the front side of the target where, in accordance to the excitation function, the major fraction of the activity was produced.

  • The parties hereto agree that immediately upon the occurrence of the Restructuring Date the Borrower shall prepay Term Borrowings in an amount not less than $35,000,000, such prepayment to be allocated ratably between the Tranche A Term Borrowings and Tranche B Term Borrowings outstanding at such time, and each Lender party hereto hereby waives any prior notice of such prepayment required under Section 2.11(e) of the Credit Agreement.

  • The Company agrees that, substantially simultaneously with (and in any event not later than the next Business Day following) the receipt of the Net Proceeds from the European Asset Sale, it will apply such Net Proceeds to prepay outstanding Term Loans, such proceeds to be allocated pro rata among the Tranche A-1 Term Borrowings, Tranche A-2 Term Borrowings and Tranche B Term Borrowings, in accordance with the provisions of the Credit Agreement.

  • Repayment of Tranche A Term, Tranche A-1 Term and Tranche B Term Borrowings........

Related to Tranche B Term Borrowings

  • 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.

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

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

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

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

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

  • Tranche B Term Loan as defined in Section 2.1.

  • 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.

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • New Term Loans as defined in Section 2.24.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

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

  • 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 C Term Loan as defined in Section 2.1.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.

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

  • 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 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 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 A Term Loan as defined in Section 2.1.

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

  • Total Borrowings means, in respect of the Corporation on a consolidated basis, as of a given date, the aggregate of the following, without duplication:

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

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