Tranche BTerm Loan definition

Tranche BTerm Loan means any Tranche B-1 Term Loan and any Tranche B-2 Term Loan.
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Examples of Tranche BTerm Loan in a sentence

  • After (but only after) all such payments, prepayments and offers of prepayment have been made to the Tranche B-Term Loan A Lenders, any residual amount allocated to the Tranche B Debt or the Tranche B Loans under this Section 2.2 and the Parent Articles of Incorporation will be paid to the Tranche B-Term Loan B Lenders.

  • All bank accounts and other investment accounts of the Credit Parties shall be maintained in Canada with a Lender, a Tranche A Lender, a Tranche B-Term Loan B Lender or with a financial institution which has confirmed in writing to the Administrative Agent that such financial institution will not have a credit relationship with the Credit Parties and will not exercise any right of set-off or other similar right against the assets in any such account.

  • Any such offer of prepayment shall be made by the Borrower in writing and shall be delivered to the Administrative Agent for the Tranche B-Term Loan A Lenders or the Tranche B-Term Loan B Lenders, as applicable, whereupon each such Administrative Agent shall forward a copy of such notice to the Tranche B-Term Loan A Lenders or the Tranche B-Term Loan B Lenders, as applicable.

  • The Amendment and Restatement Agreement shall have been executed and delivered, and the Tranche B Debt outstanding shall have been refinanced by the Tranche B Debt represented by the Loans hereunder and the Tranche B-Term Loan B Loans.

  • Any obligations of the Borrower under any U.S.$ Xxxxxx entered into with any of the Lenders or under any Interest Rate Xxxxxx entered into with any of the Lenders shall be secured by the Security Documents, pari passu with the other obligations of the Borrower under this Agreement, which Security Documents rank pari passu with the security interests created in favour of the Tranche B-Term Loan A Lenders.

  • For purposes of this section, "musculoskeletal disorders" includes carpal tunnel syndrome, tendinitis, rotator cuff injuries, trigger finger, epicondylitis, muscle strains, and lower back injuries.

  • Furthermore, each Lender, the Borrower and the Parent (i) acknowledges that XXXxxxxx Xxxxx Xxxx, Xxxxxxx Branch, is administrative agent and collateral agent under each of this Agreement, the Tranche A Exit Facility Agreement and the Tranche B-Term Loan A Credit Agreement, and that conflicts may arise as a result of such multiple roles, and (ii) waives and releases JPMorgan Chase Bank, Toronto Branch, from all liability whatsoever resulting from any such conflict.

  • All bank accounts and other investment accounts of the Credit Parties shall be maintained in Canada with a Lender, a Tranche B-Term Loan A Lender, a Tranche B-Term Loan B Lender or with a financial institution which has confirmed in writing to the Administrative Agent that such financial institution will not have a credit relationship with the Credit Parties and will not exercise any right of set-off or other similar right against the assets in any such account.

  • The Tranche B-Term Loan B Credit Agreement dated as of March 17, 2004, among Microcell Solutions Inc., as Borrower, Microcell Telecommunications Inc., as Parent, the Lenders parties thereto, XXXxxxxx Xxxxx Xxxx, Xxxxxxx Branch, as Administrative Agent and Collateral Agent, X.X. Xxxxxx Securities Inc., as sole bookrunner and joint lead arranger, and Credit Suisse First Boston, as syndication agent and joint lead arranger.

  • Each such assignment shall, from and after the date hereof, indicate by notation on the first page thereof that it is either a "Tranche B-Revolving Loan Component" assignment or a "Tranche B-Term Loan Component" assignment.

Related to Tranche BTerm Loan

  • Tranche B Term Loan as defined in Section 2.1.

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

  • Tranche C Term Loan as defined in Section 2.1.

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

  • 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.

  • Term Loan as defined in Section 2.1.

  • 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 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 Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

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

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche A Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

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

  • 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).

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

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

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • 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 A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.