Tranche B Term Loan Exposure definition

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.

Tranche B Term Loan Exposure means, with respect to any Lender as of any date of determination (i) prior to the funding of the Tranche B Term Loans, that Lender's Tranche B Term Loan Commitment and (ii) after the funding of the Tranche B Term Loans, the outstanding principal amount of the Tranche B Term Loan of that Lender.

Tranche B Term Loan Exposure means, with respect to any Lender at any time, (a) prior to the making of Tranche B Term Loans hereunder, the Tranche B Term Loan Commitment of such Lender at such time and (b) after the making of Tranche B Term Loans hereunder, the aggregate principal amount of the Tranche B Term Loans of such Lender outstanding at such time.

Examples of Tranche B Term Loan Exposure in a sentence

• This Amendment (other than the provisions of Section 1-3 hereof, the effectiveness of which is governed by Section 4 hereof) shall become effective upon the execution of a counterpart hereof by Company, by Requisite Lenders and by Requisite Class Lenders of Lenders having Tranche B Term Loan Exposure and upon receipt by Company and Administrative Agent of written or telephonic notification of such execution and authorization of delivery thereof.

• Borrower agrees to pay to Administrative Agent an annual administrative fee payable in advance on February 15, 1997 and on each anniversary thereof, in an amount equal to the greater of (x) 0.1% multiplied by the sum of (i) the Revolving Loan Commitments, (ii) the outstanding principal amount of Term Loans A, (iii) the Tranche A Term Loan Exposure and (iv) the Tranche B Term Loan Exposure and (y) $50,000.

• The official and working languages of the Court shall be those of the Union.

• Company shall have paid to Administrative Agent, for distribution to each Lender that executes and delivers a counterpart of this Amendment to Administrative Agent at or prior to 5:00 P.M. (New York time) on November 14, 1997, an amendment fee in an amount equal to the sum of (i) 1.00% multiplied by the Tranche B Term Loan Exposure of such Lender plus (ii) 0.25% multiplied by the Revolving Loan Exposure of such Lender.

• For purposes of this Section 8 and Section 9, Pro Rata Basis shall mean, with respect to all purchases hereunder, relating to a Last Out Lender, the percentage obtained by dividing the Tranche A Term Loan Exposure plus the Tranche B Term Loan Exposure of the Purchaser by the aggregate Tranche A Term Loan Exposure and Tranche B Term Loan Exposure of all Purchasers.

More Definitions of Tranche B Term Loan Exposure

Tranche B Term Loan Exposure means, with respect to any Lender as of any date of determination (i) prior to the termination of all of the Tranche B Term Loan Commitments, the sum of (a) that Lender's Tranche B Term Loan Commitment plus (b) the aggregate outstanding principal amount of the Tranche B Term Loan of that Lender and (ii) after the termination of the Tranche B Term Loan Commitments, the aggregate outstanding principal amount of the Tranche B Term Loan of that Lender.

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 Loan of that Lender.

Tranche B Term Loan Exposure means, with respect to any Lender as of any date of determination (i) prior to the funding of the Tranche B Term Loans, that Lender's Tranche B Term Loan Commitment and (ii) after the funding of the Tranche B Term Loans, the outstanding principal amount of the Tranche B Term Loans of that Lender.

Tranche B Term Loan Exposure means, collectively, the Tranche B-1 Term Loan Exposure and the Tranche B-2 Term Loan Exposure; provided that on and after the Tranche B Combination Date, Tranche B-1 Term Loan Exposure and Tranche B-2 Term Loan Exposure shall be deemed to be “Tranche B Term Loan Exposure” on a combined basis.

Tranche B Term Loan Exposure as to any Lender, at any time, the amount of unpaid Tranche B Term Loans made by such Lender pursuant to Section 2.5.

Tranche B Term Loan Exposure means, with respect to any Lender,

Tranche B Term Loan Exposure as to any Tranche B Term Loan Lender ---------------------------- at any time, the aggregate outstanding principal amount of the Tranche B Term Loans of such Tranche B Term Loan Lender at such time.