Tranche B2 Loan definition

Tranche B2 Loan means a loan made or to be made under Tranche B2 Facility or the principal amount outstanding for the time being of that loan. "Tranche B2 Swap Rate" means *** *** Text redacted.
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Tranche B2 Loan means the Loans made pursuant to Section 2.01(d) which may be ABR Loans and/or Eurodollar Loans.
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Tranche B2 Loan means a loan made or to be made under the Tranche B2 Facility or the principal amount outstanding for the time being of that loan;
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Examples of Tranche B2 Loan in a sentence

  • The Borrower shall repay (i) on the last day of each of January, April, July and October beginning with July 31, 2020, a principal amount of Tranche B2 Loans equal to Original Tranche B2 Loan Amount multiplied by 0.25% to the Agent, for the ratable benefit of the Tranche B2 Lenders and (y) on the Tranche B2 Maturity Date, to the Agent, for the ratable benefit of the Tranche B2 Lenders, all Tranche B2 Loans outstanding on the Tranche B2 Maturity Date.

  • For any period ending after December 31, 2013, with respect to the Tranche A Loan, all interest shall be payable in cash, and with respect to the Tranche B-1 Loan, the Tranche B-2 Loan, and the Tranche B-3 Loan, only the portion of interest equal to the Eurodollar rate plus 1% per annum (in the case of Eurodollar rate loans) and the Base rate (in the case of Base rate loans) shall be payable in cash and the remainder shall be payable as P-I-K interest.

  • Loans under the Tranche B-2 Loan Facility may be borrowed in multiple drawings during the period commencing on the Effective Date through the first (1st) anniversary of the Effective Date.

  • Upon assignment of a Tranche B-2 Loan by a Tranche B-2 Lender, such Tranche B-2 Loan shall be automatically deemed to be a Tranche B-1 Loan; provided that the Tranche B-2 Lenders may assign their Tranche B-2 Loans to other Tranche B-2 Lenders and, in such case, the Tranche B-2 Lenders may elect for such Tranche B-2 Loans not to be deemed Tranche B-1 Loans following any such assignment.

  • The Borrower promises to pay interest on the unpaid principal amount of each Tranche B2 Loan from the date of such Tranche B2 Loan until such principal amount is paid in full, at such interest rates, and payable at such times, as are specified in the Credit Agreement.

  • Both principal and interest in respect of each Tranche B2 Loan are payable in lawful money of the United States of America to the Agent at its account maintained at 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, in same day funds.

  • Xxx Xxxxxxx X-0 Loan and the Tranche B-2 Loan shall together be the "Tranche B Loan", the Tranche B-1 Commitment and the Tranche B-2 Commitment shall together be the "Tranche B Commitment" and the Total Tranche B-1 Commitment and the Total Tranche B-2 Commitment shall together be the "Total Tranche B Commitment".

  • Several others joined the program because they wanted to connect with Koori-specific programs, whether or not they needed it for Parole.

  • The Borrower shall repay (i) on the last day of each of January, April, July and October, a principal amount of Tranche B2 Loans equal to Original Tranche B2 Loan Amount multiplied by 0.25% to the Agent, for the ratable benefit of the Tranche B2 Lenders and (y) on the Tranche B2 Maturity Date, to the Agent, for the ratable benefit of the Tranche B2 Lenders, all Tranche B2 Loans outstanding on the Tranche B2 Maturity Date.

  • The Tranche A1 Loan, the Tranche A2 Loan, the Tranche A3 Loan, the Tranche A4 Loan, the Tranche A5 Loan, the Tranche A6 Loan, the Tranche B1 Loan and the Tranche B2 Loan are together, the "Original Loans" and each an "Original Loan".

Related to Tranche B2 Loan

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Term Loan as defined in Section 2.1.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche B Term Loan as defined in Section 2.1.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Tranche C Lender means a Lender with a Tranche C Commitment or an outstanding Tranche C Term Loan.

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • 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 B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

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

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).