Tranche B Term Loan Percentage definition

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 Percentage means, for any Lender, the percentage identified as its Tranche B Term Loan Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 11.3.

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); provided, that solely for purposes of calculating the amount of each installment of Tranche B Term Loans (other than the last installment) payable to a Term Loan Lender pursuant to Section 2.3(b), such Term Loan Lender's Tranche B Term Loan Percentage shall be calculated without giving effect to any portion of any prior mandatory or optional prepayment attributable to such Term Loan Lender's Tranche B Term Loans which shall have been declined by such Term Loan Lender (or, in the case of any Term Loan Lender which shall have acquired its Tranche B Term Loans by assignment from another Person, by such other Person).

Examples of Tranche B Term Loan Percentage in a sentence

• Each Lender shall make its Tranche B Term Loan Percentage of the Tranche B Term Loan available to the Agent for the account of the Borrower at the office of the Agent specified in SCHEDULE 2.1(a), or at such other office as the Agent may designate in writing, by 1:00 P.M. (Charlotte, North Carolina time) on the Closing Date in Dollars and in funds immediately available to the Agent.

• Each such installment shall be equal to the relevant Tranche B Term Lender’s relevant Tranche B Term Loan Percentage multiplied by (x) with respect to the installments payable prior to the Maturity Date, 0.25% of the aggregate amount of the Tranche B Term Loans initially funded by the Lenders and (ii) with respect to the installment payable on the Maturity Date, an amount equal to the then outstanding principal amount of the Tranche B Term Loans.

• The portion of the Tranche B Term Loan made by each Lender may, upon the request of a Lender, be evidenced by a duly executed promissory note of the Borrower to such Lender in an original principal amount equal to such Lender's Tranche B Term Loan Percentage of the Tranche B Term Loan and substantially in the form of Exhibit 2.5(f).

• Each Lender shall make its Tranche B Term Loan Percentage of the Tranche B Term Loan available to the Administrative Agent for the account of the Borrower at the office of the Administrative Agent specified in Schedule 2.1(a), or at such other office as the Administrative Agent may designate in writing, by 2:00 P.M. (Charlotte, North Carolina time) on the Closing Date in Dollars and in funds immediately available to the Administrative Agent.

• Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make available to the Borrower on the Closing Date such Lender's Tranche B Term Loan Percentage of a term loan in Dollars (the "Tranche B Term Loan") in the aggregate principal amount of ONE HUNDRED SEVENTY-FIVE MILLION DOLLARS ($175,000,000) (the "Tranche B Term Loan Committed Amount").

More Definitions of Tranche B Term Loan Percentage

Tranche B Term Loan Percentage as to any Tranche B Term Loan Lender, the percentage of the aggregate outstanding Tranche B Term Loans constituted by its Tranche B Term Loan.

Tranche B Term Loan Percentage means, at any time, a fraction (expressed as a percentage) the numerator of which is equal to the aggregate principal amount of all B Term Loans outstanding at such time (or prior to the Initial Borrowing Date, the Total Tranche B Term Loan Commitment at such time) and the denominator of which is equal to the sum of the aggregate principal amount of all Term Loans outstanding at such time plus the Total Term Loan Commitment at such time.

Tranche B Term Loan Percentage as to any Tranche B Term Loan Lender at any time, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of all Tranche B Term Loans then outstanding; provided, that solely for purposes of calculating the amount of each installment of Tranche B Term Loans (other than the last installment) payable to a Tranche B Term Loan Lender pursuant to Section 2.3(b), such Tranche B Term Loan Lender's Tranche B Term Loan Percentage shall be calculated without giving effect to any portion of any prior mandatory or optional prepayment attributable to such Tranche B Term Loan Lender's Tranche B Term Loans which shall have been declined by such Tranche B Term Loan Lender (or, in the case of any Tranche B Term Loan Lender which shall have acquired its Tranche B Term Loans by assignment from another Person, by such other Person).

Tranche B Term Loan Percentage as to any Tranche B Term Loan ------------------------------ Lender at any time, the percentage which such Lender's Tranche B Term Loan Exposure then constitutes of the aggregate Tranche B Term Loan Exposures.

Tranche B Term Loan Percentage contained in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows:

Tranche B Term Loan Percentage as to any Tranche B Term Lender at any time, the percentage which (a) such Lender’s Tranche B Term Loans and unused Tranche B Term Loan Commitment then outstanding constitutes of (b) the sum of all of the Tranche B Term Loans and unused Tranche B Term Loan Commitments then outstanding (or, if the Tranche B Term Loan Commitments have terminated or expired in their entirety, the percentage which such Lender’s Tranche B Term Loans then outstanding constitutes of the aggregate Tranche B Term Loans then outstanding).

Tranche B Term Loan Percentage either or both of the Tranche B Term Dollar Term Loan Percentage or Tranche B Euro Term Loan Percentage, as the context may require.