Tranche C-2 Term Loan definition

Tranche C-2 Term Loan means the Initial Term Loans redesignated as Tranche C-2 Term Loans in accordance with Section 2 of the First Amendment.
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Tranche C-2 Term Loan which term shall include the portion of each Converted Term Loan that is converted into a Tranche C-2 Term Loan pursuant to the following clause (ii)) on the Amendment No. 4 Effective Date in an amount equal to such Additional Term C-2 Lender’s Additional Term C-2 Commitment and (ii) the Converted Term C-2 Percentage of each Converted Term Loan of any Lender shall be converted into a Tranche C-2 Term Loan of such Lender as of the Amendment No. 4
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Tranche C-2 Term Loan means have the meaning provided in Section 1.01(b).
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Examples of Tranche C-2 Term Loan in a sentence

  • The Tranche C-2 Term Loan interest rate is based on LIBOR plus a 275 basis point fixed margin.

  • For purposes of estimating the pro forma interest expense related to the Tranche C-2 Term Loan Vistra Energy used interest rates of 4.35% and 3.57%, respectively, per annum for its variable interest rates.

  • Estimated fair value was calculated using market quotes available at April 9, 2018 for the Tranche C-2 Term Loan, due 2024, all outstanding Senior Notes and the 7% Amortizing Notes.

  • The parties hereto acknowledge that the Tranche A Commitments terminated at 5 p.m. New York City time on the Closing Date and the Tranche C-1 Term Loan Commitments and the Tranche C-2 Term Loan Commitments shall terminate at 5:00 p.m., New York City time, on the Restatement Effective Date.

  • If on any day a French Tranche C2 Term Loan is outstanding with respect to which notice has not been delivered to Administrative Agent in accordance with the terms of this Agreement specifying the basis for determining the rate of interest, then such Loan shall be automatically continued as a Euro LIBOR Loan with a one month Interest Period.

  • Do not belabour the process by adding steps that reflect reviewer preference rather than scientific integrity.6. Be courteous, clear and concrete.

  • Subject to the terms and conditions set forth herein and in the Amendment and Restatement Agreement, each Tranche C Term Loan outstanding on the Second ARCA Effective Date that is not converted into a Tranche C-2 Term Loan will remain outstanding as a Tranche C Term Loan.

  • Each Lender with French Tranche C1 Term Loan Exposure or French Tranche C2 Term Loan Exposure hereby authorizes Collateral Agent to enter into the BSN Intercreditor Agreements and any amendments, replacements or terminations of same necessary or desirable in connection with any refinancing of the BSN Senior Subordinated Notes on behalf of and for the benefit of that Lender, and agrees to be bound by the terms of such agreements.

  • The Tranche C2 Term Loan shall be comprised solely of Eurocurrency Rate Loans.

  • Subject to the terms and conditions set forth herein and in the Amendment and Restatement Agreement, each Lender holding a Tranche C-2 Term Loan Commitment has severally agreed to convert all or a portion of its existing Tranche C Term Loans into, and the Indebtedness converted by such converted Tranche C Term Loan will remain outstanding as, a Tranche C-2 Loan on the Second ARCA Effective Date in a principal amount equal to such Lender’s Tranche C-2 Term Loan Commitment.


More Definitions of Tranche C-2 Term Loan

Tranche C-2 Term Loan means (a) prior to the Amendment Agreement Effective Date, Tranche C-2 Term Loan as defined in the Existing ARCA and (b) on or after the Amendment Agreement Effective Date, a Tranche C-2 Cash Pay Term Loan and a Tranche C-2 PIK Term Loan.
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Tranche C-2 Term Loan as defined in Section 2.1(c).”
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Related to Tranche C-2 Term Loan

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche A Term Loan as defined in Section 2.1.

  • 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 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 Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

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

  • 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.

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

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

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

  • 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 B Term Note shall have the meaning provided in Section 1.05(a).

  • 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).

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

  • 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.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • 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 Maturity Date means April 9, 2020 (or if such date is not a Business Day, the immediately preceding Business Day) or such earlier date as may result from the operation of Section 2.08(b), if applicable.

  • Tranche A Term Note shall have the meaning provided in Section 1.05(a).