Examples of Tranche I Term Loans in a sentence
Except as provided in subsection 2.17(b) or 2.18, each payment (including each prepayment) by the Borrower on account of principal of and interest on the Revolving Credit Loans, Tranche I Term Loans or Tranche II Term Loans shall be made pro rata among the Lenders according to the respective outstanding principal amounts of the Revolving Credit Loans, Tranche I Term Loans or Tranche II Term Loans then held by the Lenders.
Any New Tranche H Term Loans or New Tranche I Term Loans made on an Increased Amount Date shall be designated a separate series (a “Series”) of New Tranche H Term Loans or New Tranche H Term Loans, as applicable, for all purpose of this Agreement.
The US Borrower shall repay to the Administrative Agent, for the benefit of the Lenders, on the Tranche I Term Loan Maturity Date, the then-unpaid Tranche I Term Loans, in Euro.
Tranche I Term Loans may from time to time be Eurodollar Loans or Base Rate Loans as determined by the Borrowers and notified to the Administrative Agent in accordance with Sections 2.09 and 4.05.
The Administrative Agent shall account for the Mortgage Portions and Non- Mortgage Portions of the Tranche I Term Loans, as described in paragraph (c) above.
The commitments of the Additional Tranche I Term Lenders and the undertakings of the Exchanging Tranche I Term Lenders are several and no such Fourth Amendment Tranche I Term Lender will be responsible for any other Fourth Amendment Tranche I Term Lender’s failure to make, acquire or exchange the Fourth Amendment Tranche I Term Loans.
The Administrative Agent shall have received a Committed Loan Notice relating to the Borrowing of the Tranche I Term Loans executed by the Borrower.
Use the proceeds of the Tranche I Term Loans for the purposes specified in the Fourteenth Amendment.
Anything herein to the contrary notwithstanding, the Tranche I Term Loans made by each Lender shall be divided into two portions which shall be accounted for separately on the books of such Lender.
Notwithstanding anything to the contrary in the Amended Credit Agreement, the initial Interest Period with respect to each of the Converted Tranche I Term Loans and the Tranche I Refinancing Term Loans shall be the applicable Interest Period set forth therefor in the notice of borrowing delivered by the Borrower to the Agent pursuant to Section 7(d).