Tranche B Term Loans definition

Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

Tranche B Term Loans means 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.

Tranche B Term Loans as defined in subsection 2.1.

Examples of Tranche B Term Loans in a sentence

• The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Tranche B Term Lender repaid on the Fifth Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount.

• By choosing this option, each undersigned Existing Tranche B Term Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate Tranche C Term Loans to such Existing Tranche B Term Lender or to allocate less than 100% of the principal amount of such Existing Tranche B Term Lender’s Tranche B Term Loans in Tranche C Term Loans.

• The undersigned Existing Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Original Initial Term Loans held by such Existing Term Lender repaid on the Fourth Amendment Effective Date and to purchase by assignment Tranche B Term Loans in a like principal amount.

• By choosing this option, each undersigned Existing Term Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate Tranche B Term Loans to such Existing Term Lender or to allocate less than 100% of the principal amount of such Existing Term Lender’s Original Initial Term Loans in Tranche B Term Loans.

• By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans.

More Definitions of Tranche B Term 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.

Tranche B Term Loans means any Term Loan(s) made under Tranche B.

Tranche B Term Loans has the meaning assigned to such term in Section 2.01(a)(ii).

Tranche B Term Loans means the Tranche B-1 Term Loans and the Tranche B-2 Term Loans.

Tranche B Term Loans the collective reference to the Tranche B Existing Term Loans and the Tranche B Extended Term Loans.

Tranche B Term Loans has the meaning given to such term in the Term Loan Facility as in effect on the Closing Date.

Tranche B Term Loans means the loans provided for in Section 2.01(c), which may be Base Rate Loans and/or Eurodollar Loans.