Tranche B Term Loan definition

Tranche B Term Loan as defined in Section 2.1.

Tranche B Term Loan means a Loan made pursuant to clause (b) of Section 2.01.

Tranche B Term Loan means a term loan made by a Lender to the Borrower pursuant to Section 2.1(a)(ii).

Examples of Tranche B Term Loan in a sentence

• The Borrowers may make only one borrowing under each of the Dollar Tranche B Term Loan Commitments and the Euro Tranche B Term Loan Commitments, which shall be on the Closing Date.

• Subject to Sections 2.13(a) and 2.14, all amounts owed hereunder with respect to the Dollar Tranche B Term Loans and the Euro Tranche B Term Loans shall be paid in full no later than the Dollar Tranche B Term Loan Maturity Date and the Euro Tranche B Term Loan Maturity Date, respectively.

• All Dollar Tranche B Term Loans outstanding on the Dollar Tranche B Term Loan Maturity Date shall be due and payable on such date.

• Each Lender’s Tranche B Term Loan Commitments shall terminate immediately and without further action on the Closing Date after giving effect to the funding of such Xxxxxx’s Tranche B Term Loan Commitments on such date.

• Subject to the terms and conditions hereof, each Term Lender severally agrees to make, on the Closing Date, (A) a Dollar Tranche B Term Loan to the U.S. Borrower in an amount equal to such Lender’s Dollar Tranche B Term Loan Commitment and (B) a Euro Tranche B Term Loan to the Spanish Borrower in an amount equal to such Lender’s Euro Tranche B Term Loan Commitment.

More Definitions of Tranche B Term Loan

Tranche B Term Loan shall have the meaning provided in Section 1.01(b).

Tranche B Term Loan means a Loan made pursuant to Section 2.01(b)(i), which shall initially be made as an ABR Loan but thereafter may be an ABR Loan and/or a Eurodollar Loan.

Tranche B Term Loan means each loan advanced by a Lender pursuant to Section 2.01(b). For purposes of clarification, any calculation of the aggregate outstanding principal amount of the Tranche B Term Loan on any date of determination shall mean the aggregate principal amount of the Tranche B Term Loan made pursuant to Section 2.01(b) that has not yet been repaid as of such date.

Tranche B Term Loan means a U.S. Tranche B Term Loan and/or a Foreign Tranche B Term Loan, as applicable.

Tranche B Term Loan shall have the meaning assigned to such term in Section 2.4(a).

Tranche B Term Loan has the meaning set forth in Section 2.01.

Tranche B Term Loan a Loan made pursuant to a Tranche B Term Commitment.